Multiple Revenue Streams

Something I keep reading about really makes sense to me. Multiple revenue streams. Maybe this blog will only generate a trickle of revenue. But if I create 10 blogs and they all generate a trickle of revenue it will start to add up.

Take a look at 451 Press. They must have hundreds of blogs listed - all funnelling revenue into the parent company. Of course they have the luxury of additional staff - but that doesn't mean I can't follow such a model on a smaller scale.

The other advantage to diversifying my revenue generation strategy with multiple blogs is that I will see which topics thrive with little or no effort and which ones struggle no matter how much time I put into them.

I've already launched my second blog and it's almost no work to maintain. I'll let you know where to find it soon.