Multiple Streams Of Income

Last Update: February 01, 2016


A few years back, I started my online adventure after reading the book written by Robert Allen, “Multiple Streams of Internet Income”, how ordinary people make extraordinary money online. I decided this is what I wanted to accomplish. But where was I going to start?


Obviously, the easiest way to get started making money online you have to have a website. Some people make their income from PPC advertising and never get a website. If you can be successful this way, then by all means, go for it. You don't have to have a website. For me this was the easiest way that provided a platform in which to launch my assault upon the Internet.


Wealthy Affiliate provides the perfect platform to accomplish having multiple streams of Internet income. Just think of all the possibilities! With over one thousand niches to choose from, the chances of you finding a successful niche are very real. In my math equation below, having multiple websites that are all producing just a little bit of income, say only $200 per month, the more sites you have the higher the rewards!

This scenario of creating multiple streams of income are very real. Hundreds of people are doing this every day. Wealthy Affiliate not only provides the platform to host your mega business structure, but also trains you how to get started as well as providing continued education. This is a Win-Win situation!


Professional Training


The most important piece of this puzzle, however, are all the lessons you get when you become a member. What good is a website or even twenty-five websites if you can't get your website ranked high in the SERPS?


This would be like having a $80,000 Mercedes Benz sitting in your driveway collecting dust because you don't know how to drive... With proper training then the car becomes usable.


Likewise with a website. Anyone can have a website. Just look at the thousands of websites that were built at Wix, or Web.com. Sure, anyone can have a website, but only the people that have proper training will know how to get that website to page one of Google. Isn't that what it's all about?


Wealthy Affiliate is very rich in knowledge because of the members of the community. The community is the “secret sauce” of WA because if you are having difficulty understanding how to do something, just ask the community. You will get your question answered in minutes, not days like other forum help websites. You will usually get more than one answer and many times even different methods to complete the task intended.


You get the attention, the answer to your question, a method to solve the problem you have and many times a review of what the results will be! Where else can you go to school to learn how to make money online that is better or faster than what the Wealthy Affiliate provides?



25 For 6 or 40


You must be asking what in the heck is 25 for 6 or 40 mean? If you give me a second I'll be happy to explain these numbers for you. It kinda sounds like a Chicago song title, doesn't it? Actually, it is the choice between the number of websites that you can host at Wealthy Affiliate and the number of years you would have to work at a job to be equal.


To put it in layman’s terms you have the choice to work 40 years at a job that keeps you broke to compare to having 25 websites on your own domain from wealthy affiliate. Which one of these would you rather have? For me, this is a no-brainer. What does the “6” represent? The possible number of years operating your 25 +2 websites to become debt-free compared to the 40 years of working at a job...


Some people here may think that I have fallen off my horse and bumped my head. How could these two different equations compare to one another? Please let me explain.


I have been a member for only a short time at Wealthy Affiliate, since August 2014. I joined WA with the full intentions of completing as many lessons as I could in one year. Then I could just go “solo” and quit after learning the basics from the university that WA shares with everyone. Well, that didn't happen because I am still here, and yes, I am still learning.

There is something magical about the community of members at Wealthy Affiliate. There is not a day that goes by that I do not learn something that can help me in my business. Since all the members here are entrepreneurs and many of them are extremely skilled and knowledgeable, why would someone want to leave a community as diverse as this? Not Me!


But getting back to the numbers. 25 are the number of websites that any individual can host here at WA. Talk about having multiple streams of Internet income! You get these 25 plus 2 more SiteRubix websites for a total of 27 websites.

Wow! It doesn't take a vivid imagination to imagine the monthly revenue of having 27 successful websites.


Math is sometimes a joy to work, especially when analyzing the possibilities of the income that could be made from 27 websites, all being successful. So my calculations, in theory, show what could be earned in only 6 years, which for many people, would become debt-free. Go figure. Give me the six over the forty any day!


27 * 200 = 5400 * 72 (12 months * 6 years) = $388,800.00


27 websites times $200 each per month = $5400 a month

$5400 per month times 6 years = $388,800.00





Don't take my word for it. Read for yourself. Just look at a couple of these success stories from two of the members here at Wealthy Affiliate:


https://my.wealthyaffiliate.com/ivetriedthat/blog/coming-up-on-one-year;


https://my.wealthyaffiliate.com/nathaniell/blog/quiet-results-are-happening ;



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delroy2222 Premium
Thank you Ken for a great and informative post. Best wishes.

Delroy
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kmer6 Premium
Thank you, Delroy. I hope you see the benefit of how online marketing can build wealth in multiple ways.
Ken
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delroy2222 Premium
You're welcome Ken and yes I can. )
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Mark1957 Premium
Great read and I reckon those websites would actually make incrementally rising figures so the time you get to the end of your 6 year journey that figure will probably equate to an annual one, not just what you've earned over that period of time.
Mark
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kmer6 Premium
Mark thank you for reading because I wanted to build a fire that gets my readers thinking outside the box, a little daydreaming by using a calculator what possibilities are there. I was highly impressed with my figures. I always lean toward the lower numbers because I know they are easier to obtain. Like you say, the better you get, the more you tweak the higher the numbers become.

I am a believer in the system, some I already know making $80K a year with just ten websites. Just imagine...
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Debbi26 Premium Plus
The book by Robert Allen was one of the good ones but the so was Chicago.

You've really thought this through with your numbers. Thanks for a different perspective. ~Debbi
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kmer6 Premium
You know Debbi the best part about this blog is that it is true! The numbers are low because I think more realistically and less on what is actually achievable. I know people making $80K a year with only ten websites. You do the math. LOL. Thank you for visiting.
Ken
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Debbi26 Premium Plus
Unlimited potential here!!!
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bjdluna Premium Plus
This is a great way to look at it! It's all possible!
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kmer6 Premium
Thank you, Barbara, for visiting my blog and yes you are right, it is all attainable. Quite easily as a matter of fact. The potential to succeed in a much grander fashion is always possible. I just showed easy numbers to get peoples interest. The more you work at it and the better you get, the higher the numbers.
Ken
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Shawn Martin Premium
Some sweet reading, thanks :)
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kmer6 Premium
Thank you, Shawn, for visiting my blog. I have been following you for a long time and my writing is improving much more because of it. I hope I was able to revive the genie in your mind that is the creator of your money making thoughts so that you can out-perform my numbers that I have shown. Good luck to you and Keep-On-Keeping-On!
Ken
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