Many people have a skillset that other's desire to have. As a result, there is a huge opportunity for people to develop an alternative stream of income by teaching their skill to other people. In my own case, teaching golf is something I have done in the past. But, there are so many other things that [...]
If you have valuable knowledge, such as finance, accounting, marketing, project management, etc., chances are there are people and businesses who are willing to pay for that knowledge. The consulting industry has grown rapidly in recent decades as many businesses have come to realize that instead of hiring full time employees in every instance, they can [...]
If you've got information that people want or need, then one great way to make some extra money is with a newsletter. Newsletters are one of my favorite potential income sources because they provide the opportunity for a very stable income stream compared to most of the other potential income streams I have discussed. On the [...]
One of my favorite potential income streams is the Authority Blog. Most people who venture onto the internet by now have an idea that there is this thing called blogging. What you are reading right now is an article on a blog. Some people simply blog for personal reasons. Just tonight I watched a documentary about [...]
Real estate investing is a popular way for the average individual to build wealth away from their regular job. It is easy to understand why...they see some people doing quite well over the long run as real estate investors. Keep in mind though, because many people are interested in building wealth with real estate, just as [...]
Me, teaching in my old studio If you have a skillset separate from your regular job, consider building an income stream around this skillset. However, you should only do this if it is a skillset that can generate a decent income when broken down into an hourly rate. One example of a second business [...]
