Multiple Streams From Home

New multiple streams entrepreneurs often feel they must wait for an income stream to start producing before they begin to create another source of income. The truth is that you can hop from stream to stream, constantly building new assets, as long as you have a solid plan in place for monetizing the streams you’ve already created.

I like to use the power of momentum to build additional assets. For me, this works best when I move from a freshly completed project to one that is somewhat related. That way, the knowledge and research I did for the first project can be applied to the second, saving time and preserving momentum.

If I write a book that will be sold as a print book, I don’t close the file until I’ve also created an e-book version. I might also decide to create an audio version, or excerpt bits to submit as magazine articles. Each of these things provides an additional income stream at little extra effort.

You might want to read more about the power of momentum in a guest post on Leo Babauta’s Zen Habits blog. Katie Tallo of Momentum Gathering has written lyrically about momentum and its power to transform, propel, and support all you do. The key to benefitting from momentum is to just get going and do something!