And, My Personal Opinion (Good and Bad) About Each of Them

Gigi Creates

·

Follow

Published in

ILLUMINATION

·

7 min read

·

Jan 30

103

1

Listen

Share

Multiple income streams are something I preach about as often as I can.

More income streams, more money, which is great. It’s a good way to protect yourself from income loss in the future and it adds more stability to your income, in general.

For example, if you lose your job, but, you also run an online store on the side, the online store income can keep you afloat until you replace that lost income stream.

It’s certainly better than losing the job with no other income coming in.

I have a lot of experience juggling multiple income streams. I’ve been doing it for over a decade.

Here are 5 income streams I’ve personally tried plus, my personal opinion on them.

Let’s go.

5 Income Streams — The Good, Bad, and Ugly

The income streams are:

• Freelance writing
• Dropshipping
• Dropservicing
• Social media management
• Virtual assistance

1. Freelance Writing

You write content for others. This can be:

• Blog posts
• Magazine articles
• Product descriptions
• Emails
• Sales pages
• Website copy

There are different kinds of writers out there (copywriters, content writers, etc.).

I did content writing and I still do it!

I’ve always been drawn to writing and love the whole process of it. It’s a cool way to express…