You need money for all the little and big things in business.
Even if you are not earning 5 or 6 figures as income in your business yet, you should be able to count on it as a stable income generator.
Well, the success of your business highly depends on the stability of the income it can generate – this is a plain, hard truth you have to count on!
So let’s see how you can run a financially stable business.
Don’t put all your eggs in one basket
This is one of the commonest advices you can hear about making money blogging.
At the same time this is one of the commonest mistakes that most bloggers end up making.
To be honest, for many bloggers who start blogging with a dream to make it an online business – the thought of money making usually ends up monotonous.
They think linearly. However, with blogging money making is a multi- dimensional thing. You cannot just think in one direction – if you do so, you could be able to make some money. But there is no guarantee that the income will be stable.
You have to think in multiple directions so you make the most out of your time and effort you put into your online business.
For instance, if you are into Google Adsense ads, and if one fine day, Google cancels your Adsense account because some crazy person did fake clicks on your ads – your income is gone.
If you are into Amazon affiliate marketing and if Amazon changes their rules slightly you could see a huge drop in traffic and income.
Not just with money, even with traffic (which of course, is related to income) – if you are relying on one particular traffic source, you…
You can read the article in its entirety, on the official website of JANE SHEEBA
Thanks a lot, Julia … I hope your thoughts, your geniuses can have as much resonance as possible.