Is It Really Smart to Pursue Multiple Streams of Income

					Is it Really Smart to Pursue Multiple
Streams of Income?
When I first moved to Los Angeles, I was totally fired up! I felt like I had been dropped in the
middle of heaven and ran off of the plane towards every audition imaginable....commercials,
televisions, films, web series, voice over, hosting, theater, improv...

If there was a stage or a camera attached to the project, I was going to audition for it.

But the thing I learned after exhausting myself doing that... is that it is very difficult to excel at
all of those things at the same time.

In fact, it's impossible.

Unless you don't care about the quality of work you put out,
it's hard to be an expert in everything at the same time.

I got some advice along the way from one of my acting
mentors who reminded me that they key to making it and
moving up, is to master one thing first AND THEN add
another avenue.

Perfect, then add on...perfect, then add on.

Well the same thing can be said when it comes to having multiple streams of income.

First of all, let me say that I believe that having multiple streams of income is not only a great
idea...but it's also essential in today's economy.

The saying 'don't put all of your eggs in one basket' has never been more appropriate.

But just like building a well-rounded acting career, building a successful business takes focus.

And if there is any one thing that I have learned about focus, is that you can't adequately focus
on multiple things at the same time and excel.

You have to put all of your attention and energy into one thing, become an expert, and then move
on.

So when looking to create multiple streams of income, you're likely to be more successful by
building one business at a time or by having a couple of businesses that are very similar and can
piggyback off of each other.
The Truth About Building Multiple Streams of Income




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I have to say, that when I slowed down and focused on one thing at a time, I was way more
productive and way more successful...both in acting and in building multiple streams of income.

And that's a few things to know about pursuing multiple streams of income.

 

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Description: Some great tips on how to pursue multiple streams of income.