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We have all been there. We all started our businesses to help our clients, make money and still enjoy a great quality of life. Instead, many business owners find themselves working longer hours and not having any time to spend with their friends and family.
How does this happen? When business owners start a brand new business, they have few clients. Then they embark on a marketing plan that will help gain clients.
Once the marketing plan is ready, business owners spend a lot of time (12+ hours a day) marketing and networking in order to gain clients. Spending long hours marketing and networking for a business takes its toll, but the business owners tell themselves that this is only temporary. After all, once they have enough clients, they will not have to market or network anymore.
Right? Wrong! A successful business owner knows that even if you have a full client roster, you still need to network and market to keep your marketing pipeline full.
As a business grows and matures, it gains more and more customers. However, the business still has to work 12+ hours a day -- there is client work to be done, and there is still marketing and networking that need to be done as well. Even though the business owner is now successful and has many clients, the business owner is still in no position to work shorter days. The time that is not taken up by client work is taken up by marketing and networking.
Generating multiple streams of income is the only way out of routine 12+ workdays. When you follow the Multiple Streams Of Income Business Model, you do not have to spend 12+ hours a day working with your clients. You can work with your clients a few hours a day and derive the rest of your revenues from your multiple streams of income.
Multiple streams of income are different products that you can sell on your web site. The beauty of these income streams that they are passive -- you create them once, post them on your web site and then your customers can buy them from you. These products can be e-books, books, audio recordings, special reports and more.
When you have multiple streams of income in your business, your whole business model changes. You don't have to spend 12+ hour days working one-on-one with clients. Instead, you can spend less time working and more time with your family and friends, while still having enough revenue.
With multiple streams of income your customers will buy your products without your direct involvement. You can be on the beach in Florida or skiing in Vail, but your web site will still be selling your products. Imagine how great you will feel when you come home to find out that you sold another $1,000 worth of products while you were on vacation.
I strongly recommend that you investigate the Multiple Streams Of Income Business Model for your business. It will enable you to spend more time with your family and improve your quality of life without decreasing your revenues.
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