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Q&A: “How can I diversify my side income streams?”
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What It’s About
This freelancer needs more than one client.
Notes from Chris
Episode 2838
Today’s question comes from Lena, a freelance writer based in Oxford, Mississippi. For the past two years, Lena has relied mainly on content creation for a single client, but recently, they’ve been hinting at budget cuts. She’s concerned about the financial stability of her side hustle if she loses this client.
If you’re in a similar situation and looking to diversify your revenue sources, this episode is for you. Let’s dive into some strategies to create a more resilient business and protect against potential income loss.
“Hi, my name is Lena, and I’m a freelance writer based in Oxford, Mississippi. For the past two years, I’ve been relying mainly on content creation for a single client, but recently, they’ve been hinting at budget cuts. I’m worried about the financial stability of my side hustle if I lose this client. How can I diversify my revenue sources to create a more resilient business and protect myself from potential income loss?”
Listen to today’s episode to learn more…
SEE ALSO:
- Catholic Designer Creates Stylish Apparel Line: What shall it profit a man to gain the whole world but not sell any t-shirts? This designer cast his bread upon the waters and ended up with a profitable fashion line.
- Seattle Couple Creates New “Income LiveStream”: When a married couple runs into logistical problems at their wedding, it leads to an innovative service that other engaged couples need during the pandemic.
- Role-Playing Pastor Rolls The Dice On $2800/Month Hustle: Listener success story! This Presbyterian minister turns to his lifelong interest in role-playing games to set up a sustainable second income source.
Inspiration is good; inspiration combined with action is better. Now get back to work!
Yours in the revolution,
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To infinity and beyond,
Chris Guillebeau
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