#812: Lessons and insights about multiple streams of online income from a 24 year veteran
Silent Sales Machine Radio
Jim Cockrum
4.8 • 805 Ratings
🗓️ 4 April 2024
⏱️ 66 minutes
🧾️ Download transcript
Summary
For over 20 years, the only income my family and I have had is from multiple online ventures. I've learned many valuable lessons about growing online streams of revenue over this time and on today's episode I break down the most important elements of the journey.
I explain why we start the vast majority of our new students with Amazon selling. I also discuss the three categories of opportunity that we see online (all business ideas online fit into one of these three).
If you can BUILD SYSTEMS (automate processes) and PURSUE RELATIONSHIPS (surround yourself with others on a similar journey) you can also build great income streams online.
Today's episode is sponsored by Sellerboard
Check out sellerboard - THE accurate profit analytics tool for Amazon sellers that helps you calculate your profit precisely accounting for all hidden fees and in real time. Use our link and get a TWO month free trial: https://SilentJim.com/numbers
Watch this episode on our YouTube channel here: https://youtu.be/9V-gRYBJGwQ
Show note LINKS:
SilentJim.com/free11 - get access to the book that launched this podcast, sold over 1million copies with 1,000s of five star reviews on Amazon.com - it's the latest version of the Silent Sales Machine book in audio!
TheProvenConference.com - there is so much information, training and great networking at our LIVE event. We'll have Rabbi Lapin as our keynote speaker and 40 break out sessions at the upcoming event in May 2024 in Orlando!
My Silent Team Facebook group - https://www.facebook.com/groups/mysilentteam
100% FREE! Join 74,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!
ProvenAmazonCourse.com - the comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!
JimCockrumCoaching.com - Get a free session with a business consultant on our team at 1-800-994-1792 / 1-801-693-1688 or TEXT US at 385-284-7701 (US & Canada only for Text) ALL of our coaches are running very successful businesses of their own based on the models we teach here! We’ve been setting the standard for excellence in e-commerce and Amazon seller coaching since 2002 with over 7,000 students served! Hundreds of our successful, happy students have been interviewed on our podcast!
SilentJim.com/bookacall - book a call here to discuss our offers including coaching, legends and ProvenAmazonCourse.com course
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, business building warrior. Welcome to Silent Sales Machine Radio. I'm your host today, Jim |
| 0:08.0 | Cochrom. And if this is one of the first episodes you've ever heard around here, you should know that we |
| 0:13.4 | feature hundreds of interview episodes with the successful students who are following the teachings that we have on this show. |
| 0:23.9 | That makes us unique in the e-commerce world, as far as I know, were the only podcast that |
| 0:28.6 | features hundreds of success story interviews with the students who are following the ideas |
| 0:33.3 | taught on the podcast. Pretty cool concept we thought for a show. 800 episodes in, 6 million |
| 0:39.3 | downloads. Yeah, people like it. That's great. Thanks for watching. Thanks for listening and |
| 0:44.6 | hanging out with us today. If you want to go check out some of the other great episodes, |
| 0:48.0 | maybe you're catching this interview on some platform. You're not sure where you should go |
| 0:52.1 | to hear all the rest of the great shows. Go to silentjim.com. |
| 0:56.4 | You'll see a link to our podcast. |
| 0:58.0 | A lot of our audio-only episodes are there where we've interviewed, like I said, |
| 1:01.7 | hundreds of successful students. |
| 1:03.9 | Focusing on one primary strategy, but today's title is the theme of the show, obviously, |
| 1:12.3 | multiple streams of income. |
| 1:17.6 | Using the internet creatively to launch and grow multiple streams of income. |
| 1:21.4 | We've been saying that for two decades around here. |
| 1:22.9 | That's right. |
| 1:26.5 | The only income my family has had for well over 20 years at this point. |
| 1:28.2 | There's seven of us. We homeschooled them all. I'm coming up on 30 years married to my college sweetheart. Life has been amazing for us. |
| 1:34.3 | We've tried to share that with as many other people as possible with these multiple income streams. |
| 1:40.1 | Using the internet creatively to launch and grow multiple streams of income. What does that mean? Why do I see multiple streams as necessary? I can tell you this, 20 years ago when I first started using that kind of terminology, a lot more people were looking at me like I was crazy than they do now. A lot of people understand the need for that now. The gig economy has emerged. |
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