Friday, June 09, 2006

How To Create Multiple Streams of Online Income

One of my favorite things about being an Internet Entrepreneur is that I can literally wake up in the morning with an idea for a new product and have it become a reality by the afternoon. Or I can find new ways to promote an existing product. Or I can join a new affiliate program or pursue a joint venture. Every time I repeat this process I create a new stream of income to add to my existing revenue base.

I firmly believe that the key to business success is this: Don't put all your eggs in one basket. What do eggs and multiple streams of income have to do with each other? If you spread your eggs across many baskets you can still make omelets even if one of those baskets goes away.

Similarly, if you have multiple streams of income, the loss of one income stream will not devastate you the way losing your only stream would. If you rely on only one source of income and that single income source goes away (ever been downsized, laid off or fired?), you are left broke and desperate. This is why every successful Internet Entrepreneur that I know has multiple streams of income.

This is also why I encourage my readers, newsletter subscribers, and ebusiness clients to establish multiple streams of income, which is extremely easy to do online. Here are a few pointers to get you started.

Create Your Own Info Product
Regular readers of this column have heard me preach this sermon before. Creating your own info product is the best way to generate a new income stream because it is so easy to do, so easy to distribute, and offers maximum profit potential. I can wake up with a topic in mind, sit down at my computer and within hours have a short book or report that I can turn into a downloadable ebook and immediately offer for sale on my website.

Anyone can create an info product themselves or farm out the actual writing to someone more adept. If you've got an idea it's easy to find someone to do the writing for you. I've covered this topic before, but it's worth visiting again because it is one of the best ways that I know to create a new stream of income.

Become An Affiliate Marketer
This is one of my favorite ways to create multiple streams of income because there are hundreds (if not thousands) of affiliate programs that you can sign on with and begin making money immediately. As an affiliate marketer you market a company's product or service and when you send them a customer or make a sale you are paid a commission.

You can sign on with as many affiliate programs as you like and each one has the potential of creating another stream of income for you. Many Internet Entrepreneurs have become millionaires without ever having a product of their own. They did it by promoting affiliate programs

I talked about affiliate programs in a previous column and you should refer to that column for an in-depth discussion of affiliate programs.

Click here for Tim's Top 10 Affiliate Programs.
Start An eBay Business
Selling on eBay continues to be one of the more popular ways to make money online. If you are willing to put in the time and energy required to make the business a success. eBay is also a good option for existing businesses to expand their reach by selling online.

Everyone from small used car dealers to giant companies like Dell Computers have discovered that eBay is an excellent place to hawk their wares simply due to the huge number of folks who visit the eBay site on a daily basis. Nowhere else on earth will you find such a large pool of potential customers.

Consider these numbers: · There are nearly 69 million eBay users who spend $59 million every day. · Most eBay sellers are home-based businesses that sell every- thing from porcelain dolls to locks of Elvis' hair to $100,000 Mercedes convertibles to $5 million dollar vacation homes.

Market Your Services Online
Are you a computer programmer? A writer or editor? A graphics artist or website designer? If so, you can market your services to customers around the world and it doesn't cost you a dime.

You can offer your services to customers on websites like or Basically you register with these sites and when someone posts a job that falls within your area of expertise you can bid on the work. For example, I needed a logo for one of my online businesses so I went to and posted the project for bidding and within hours I had a dozen graphic artists bidding for the job. I sifted through the profiles of everyone who bid on my job and picked a graphic artist who did the logo for less than $50.

Granted, I did not pay top dollar for the logo (to get it done locally would have cost ten times the amount I paid), but the designer probably spent an hour or two knocking out the 5 designs I got back and the work came to him, he did not have to spend a dime on marketing his services.

These are just a few ways to create multiple streams of income. There are hundreds of other ways to make money online. No matter which ones you pursue, just remember, the more streams of income you have, the bigger your money lake becomes.


Small Business Q&A is written by veteran entrepreneur and syndicated columnist, Tim Knox. Tim serves as the president and CEO of three successful technology companies and is the founder of, an online organization dedicated to the success of online and eBay entrepreneurs.

Tim's latest book is "The 30 Day Blueprint For Success!" We asked 58 Top Internet Money Makers: If you lost is all tomorrow and had to start from scratch, what would you do to be back on top in the 30 days? Their answers just might make you rich!

Sunday, April 30, 2006

Succesfull Selling on Ebay Are You Ready To Own a Money Making Website!: "How To Create Multiple Streams of Online Income
by Tim Knox
One of my favorite things about being an Internet Entrepreneur is that I can literally wake up in the morning with an idea for a new product and have it become a reality by the afternoon. Or I can find new ways to promote an existing product. Or I can join a new affiliate program or pursue a joint venture. Every time I repeat this process I create a new stream of income to add to my existing revenue base.

Learn more
10 Steps to Successful Selling on eBay
by Kirsten Hawkins
So you want to be a successful seller with your own eBay business, do you? Here�s a simple, ten-step path to eBay enlightenment.

Learn more
Auction Sales - Keeping Customers You Worked So Hard To Get!
by Steven Woodward
If you've studied business concepts you know that finding a customer can be the most expensive part of the sales process. Once you've got a customer why not maximize the money you've already invested in the effort?

Learn more
Do I Really Need A Business License and Tax ID?
by Tim Knox
I've gotten quite a few emails recently from ebusiness owners who seem to think that just because their business is conducted online or from the comfort of home that the rules and regulations that govern brick and mortar businesses do not apply to them. The ebusiness questions I get most often do not involve building websites or conducting ecommerce...

Learn more
Turnkey Dropship Websites Save You Time, Trouble and Money
by Tim Knox
Lucky for you and me there are now a number of companies on the Web that can help folks like us set up a turnkey dropship website without ever breaking a sweat.

Learn more
Negating Negative Feedback On eBay
by Ste"

Tuesday, April 25, 2006 Are You Ready To Own a Money Making Website! "Now you can Generate Huge Multiple Stream of Income with only One Little Cool Web Site. The Web Site is ready for you. You can start making huge money by EBAY,GOOGLE ADESNESE & CLICK BANK AFFILIATE within Minutes with Your Own Web site."

Monday, April 10, 2006

Get your free AdSense ready website

If you are newbie in online money making game you will probably have problems creating your first AdSense ready website.So here we come to help at Ready AdSense websites you can choose beetwen two readymade turnkey AdSense websites. One website is on topic of AdSense itself and other is on affiliate related topics. To start with this sites you just need to download ziped package, extract all the files, add your AdSense Id to config file and upload all files to your webserver. If you don't have top domain any subdomain can be used.If you need more sites like this then consider buying FastContent. FastContent is desktop application used to produce this AdSense ready websites.AdSense websites like this can be produced very fast, only knowledge on your part is little of HTML to create template and how to use FTP to upload files to your web server. FastContent ( is website content generation tool. Using articles from free article directories it creates content rich web pages suitable for contextual advertaising or affilliate promotion. Anybody can build content rich website within minutes.Download a demo and try it. This is a must have tool for anybody how have already running website but need more content or anybody who need content for new niche content website. Application features: - search free article directories by keywords - search local database of downloaded articles and copy articles to new project - duplicate articles filter, already retrived articles for that project will be skiped - create unlimited number of projects - view articles before selecting it for retrival - edit retrieved articles, add your own text to articles, wrap articles with your own content - add your own custom headline and text to article - preview retrieved articles - delete unwanted articles - add your own articles - generating html,php,asp,txt files from retrived articles using templates - SEO friendly URLS for article pages generated from article title - generated page extension can be set as wished - generating sitemap with article snippets - select length of article snippet - choose number of articles per sitemap page - choose length of article snippet on index pages - option to open article links in new window - option to add related links to article pages - add your AdSense Code (3 Ads Units + Search Box) - generate pages for articles retrived after some date (no need to upload all files again only new created files) - generate pages with search engine friendly links created from articles names - generate RSS 2.0 Feeds automaticly - template editor - easy to use - easy to upgrade with all data saved from previous version - free support as long as application is on market Did I said that free demo download is available. Check FastContent free download