Diversify your online income sources to minimize risk from "summary" of Get Rich Click! by Marc Ostrofsky
One of the key principles in building wealth online is to create multiple streams of income. This is a fundamental strategy for reducing risk and increasing your chances of success. By diversifying your sources of income, you are not putting all your eggs in one basket. Instead, you are spreading out your risk so that if one income source were to dry up, you would still have others to fall back on. Think of it like having a garden with a variety of fruits and vegetables. If one crop were to fail due to bad weather or pests, you would still have other crops to rely on for sustenance. The same concept applies to your online income. By having multiple streams of income, you are less vulnerable to any single point of failure. This provides you with a safety net and gives you the flexibility to adapt t...
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