How to Create Multiple Streams of Online Income

Last Update: February 07, 2018

The internet has obviously opened up the potential for almost anyone willing to learn new things to earn an online income. The question is, can anyone who wishes to do so earn a LOT of income online?

Sort of.

I'm a big believer in using systems that work. When a system works, if you work the system faithfully, you'll get some results. Obviously if you want great results, you have to add some personal finesse to how you work the system.

For example... If you buy a good domain about coffee makers, build a good website about coffee makers, insert affiliate links to coffee makers, eventually you will start getting some traffic from search engines and other sources and you'll sell a few coffee makers.

If you want to sell a LOT of coffee makers, you have to create a uniquely amazing website that beats the competition and goes the extra mile to make sales.

That's a matter of time and experience leading to greater proficiency.

But what about in the meantime? What do you do before the site goes off the charts, which obviously takes time? How do you earn an income before you're landing on leaderboards with other digital influencers in affiliate launches?

You create multiple streams of income at multiple levels.

For example, you might be very successful participating in big affiliate launches, which could yield several thousand dollars per campaign, but you can only realistically participate in a dozen or so per year. So your maximum income potential from launches might currently sit at $20,000 or $30,000 per year.

If your income goal is $60,000 per year, you're going to need to fill in the gaps with other streams of income in the meantime. Which could look something like this...

  • $30,000 per year from affiliate launches.
  • $12,000 per year offering coaching in digital marketing.
  • $6,000 per year promoting a system like Wealthy Affiliate.
  • $6,000 per year driving traffic to niche websites and Amazon links.
  • $3,000 per year in random and various small affiliate programs.
  • $3,000 per year doing freelance writing.

Now, you're at your $60,000. You still get to be an entrepreneur. And you still have the potential for it to grow.

In order to do that, you have to budget your time accordingly. Spend most of your time establishing yourself as an expert so that you can drive sales of affiliate products. Since you can't work on that eight hours per day, you spend a couple of hours building and polishing your niche sites. And you spend an hour or less doing the little things that make a little bit of income.

All the while, you're increasing your versatility and learning useful skills in a variety of areas.

You'd probably love to have a rushing waterfall of income online. But maybe you have to start with several streams and a few trickles until you get to the point where you can focus on only one or two streams.

And here's the advantage you have in this market... most people aren't going to stick with any of it quite long enough to be successful. They'll give up on the system that probably works because it isn't yielding ideal results fast enough.

But you're the kind to stick with things, which sets you apart. How do I know that?

You read this to the end.

So keep going.

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DebbieRose Premium
Clever post with honest ideas to be successful...thanks.
Debbie
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brandonacox Premium
Anytime, Droseh!
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EZbobb Premium
Thanks for the aricle
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brandonacox Premium
Definitely.
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cizamazula Premium
Thanks Brandon. Very helpful !!
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brandonacox Premium
Definitely!
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JBond1 Premium
Great post Brandon, really inspiring! : )
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brandonacox Premium
Thanks so much!
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gjshawk Premium
Good, informative post. Once I get my first Income stream started, I’ll begin to branch out. First things first though.
Grant
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brandonacox Premium
Absolutely!
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Calmkoala Premium
This is really interesting and helpful. You have got me thinking about several alternative areas to mine for multiple streams of income! Many thanks, Sue :)
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brandonacox Premium
Glad to be of help!
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travella7 Premium
Thank you! Great advice!
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brandonacox Premium
You're quite welcome!
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Avecita Premium
I'm trying to get into publishing ebooks in order to set up another stream. I have about 10 ideas for books and am definitely going to test that out. Especially as most of them can be created within about 6 months of just a few hours a week.
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brandonacox Premium
Awesome idea. Check out Ryan Biddulph's site. He's been a master of this.
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Avecita Premium
Cool, will do!
In fact right now I'm working on an ebook about moving home, I'm not sure whether to publish it myself or sell it to someone working on a house-moving website.
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HarveyBrown Premium
Nice blog Brandon, thanks.
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brandonacox Premium
Thanks Harvey!
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AlejandraB Premium
Thanks for this blog
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brandonacox Premium
You're very welcome!
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StefanoV Premium
thanks for the info
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brandonacox Premium
Definitely!
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btwilkins Premium
Great post! I have been wondering about other ways of gaining income while my niche site is growing. Could you expand on what you mean by Affiliate Launches? -I haven't heard the term before.
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brandonacox Premium
Sure thing! Maybe the best way to illustrate would be to point you to www.muncheye.com where you can find a calendar of upcoming product launches by various marketers.

These marketers ask affiliates to be part of a "joint venture" for their launch. It's like short-term affiliate marketing for a piece of software or a course, etc. that is "going live" on a specific date and then which has either a "cart close" day or a final day of the launch campaign.

It gives the product creator a big huge burst of traffic and sales initially.
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btwilkins Premium
Thanks for the help! Are these kind of programs limited to only highly experienced marketers?
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brandonacox Premium
Not necessarily, no. Some product vendors will only allow JV partners with an established history of sales, but others are more open to those who are still getting established.

I think I'd recommend trying to build an email list of at least 100 or 200 before sending affiliate offers via email, but it doesn't take a lot.

I had some rejection early on - denials of my requests to promote a product. But over time, I've made enough sales that most vendors will approve my requests.
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Avecita Premium
Never knew about this resource. Thanks!
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