Multiple streams of income are essential for online businesses and bloggers. As you grow our business, you’ll see which stream of income is working best. But in the beginning, it’s good to try a several streams of income.
Let’s take a look at two of my ways I make money with my blog in my homeschool niche.
Multiple Streams of Income #1: Events
Recently, I went live on Facebook to tell you about the multiple streams of income that are growing my business. I started with my two online events from the past 12 months. In my video, I tell you exactly how these two events grew my online business.
These two events added over 5000 email subscribers to my list and enough money to pay my bills for a few months. I’m not saying you will have the same results. What I am saying is events are an excellent stream of income for online businesses.
What event could you participate in your niche? Or, what event could you start in your niche? If you need help getting started, let me know.
Multiple Streams of Income #2: Paid Bundles
This week I’m part of a paid bundle for homeschoolers, so I decided to share exactly how paid bundles have increased my bottom line AND added subscribers to my list. You can hear how paid bundles helps me pay my bills in the video below.
Again, these paid bundles are increasing my email subscriber base and offering a small income for each bundle. Some bundles have paid well over $1000 for a week of work. Others are smaller, but well-worth my time.
No matter what niche you’re in, there’s a paid bundle you could participate in. I’ve been in bundles for homeschooling, work at home moms, blogging, gardening, Christian living and much more. Paid bundles really do work!
How can you use paid bundles in your business?
If you can’t find a bundle in your niche, why not start one of your own?