Saturday, January 15, 2011

The concept of MSI...

MULTIPLE SOURCE OF INCOME....that is what M.S.I. means. Some would call it multiple streams of income, either way it carries the same meaning.

It simply means having several sources of income from several different means, so that you never have to rely on ONE source (usually monthly salary) to supply you with all of your funding needs.

Should the unexpected happen. i.e. you lose your job or the company you work for closes down, that monthly income is NO longer available to pay off your monthly commitments. Tragedy!!! ...

How is it that we allow our self to be highly dependent one source of income whilst we are not in control of the fate of that company. The MSI behaves like a safety net against such events.But do not think of it as a safety net alone because most wealthy people DO NOT have monthly salaries as their main source of income, instead they have multiple, multiple and multiples MSIs...and this itself is their MAIN income.

 If one source dries up, you’ll have others in place to ensure you are never completely without revenue or income coming in. It is a fabulous way of building and creating wealth.

There is NO limit as to how many one is recommended to have.






Picture this, when you have multiple streams of income that is steady and fluid, it will provide for a better lifestyle. That extra cashflow it generates will permit for better savings program therefore securing your financial future, either it be for retirement or your children education or that dream holiday!


Sounds fantastic does it...well it is and it works for some of the current riches people in the world. It is a secret so simple to comprehend but yet many struggle to adopt. The trick is to find the right "source" or "stream"




Read on further...

The internet has made it possible even for ordinary people to acquire wealth. They say, "Never put your eggs in one basket." This is true when considering the current economic conditions.

"money coming our from your finger tips"
There are many available opportunities online to help you make money and get you closer to your dream goals. It has become easier for anyone today as compared to the past. As an internet marketer, it would be wise to grab opportunities that will bring you multiple streams of income.

One of the ways to create multiple streams of income is joining different affiliate marketing programs either in the same or different niches. What is important is to make money selling products from different companies.

Do bear in mind that a product you promote may be good today, but only to find that tomorrow it is no more successful in the market. It is possible that a company that pays you huge commissions today, but runs out of business tomorrow. It would really be a sorry situation for thousands of some online marketers. That is where having multiple streams of income come in.Use different sources to make money. By so doing, you will be safe from unknown future adverse circumstances.

In order to make this easy, just set up your own website or blog  to which you will send traffic that will end up converting to customers. This is not a hard thing to do as there are an ocean of ways and sites you can learn the skills of doing it. Once you have mastered the skills, you will begin to enjoy your "multiple streams of income". 

Spend time to search the net for the best business model for your MSI ..
(Psst: I have my own favorite!...wanna know how to make USD3000 a week? from just clicking the net and not selling anything?....call me!)


You can also be part of a joint venture to create multiple streams of income. What happens in this case is that different internet marketers put their talents and skills to make money. The advantage of such a venture is that you continue doing what you enjoy and where you are not strong, other marketers come in. As a result you earn multiple streams of income.

I hope this article will start you to consider the concept of multiple streams of income.

This is important for the future of your life and business...

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