Episode 343: Breaking Down My 8 Streams of Income

The Mind Your Business Podcast

James Wedmore

Entrepreneur, Business, Businessmindset, Entrepreneurship, Entrepreneurialmindset, Management

4.8 • 1.8K Ratings

🗓️ 9 March 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

I’m a big believer in someone having multiple streams of income, which is why I wanted to share with you how I’m doing this, in both my business in life. I’ll also be sharing what new strategies I plan on using this year, along with some additional ideas of income streams that you can try out too!

If you enjoyed this episode and it inspired you in some way, I’d love to hear about it and know your biggest takeaway. Take a screenshot of you listening on your device, post it to your Instagram Stories and tag me, @jameswedmore.

We’ve got a special gift to help you with your manifesting goals in 2020, so go get that free guide now at http://jameswedmore.com/manifesting!

Don’t forget that we’ve created another FREE workbook and mini-course, Ready to Make 2020 Your B*tch? to help you hit the ground running in 2020 (and would go great with this episode)! You can grab that now at http://jameswedmore.com/goalsetting!

You can now search any for any topic discussed and keyword mentioned from the past 300+ episodes, with an amazing new tool called Searchie! For instant access, visit http://www.jameswedmore.com/podcastsearch.

I’d like to personally invite you to join me in a secret hidden channel I’ve created called BEYOND The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/beyond to download the Telegram app and join today.

Haven’t left a review yet? All you have to do is go to http://jameswedmore.com/itunes, and thanks for your support of this show!

I want to invite you to help contribute to this podcast by submitting a question for the Listener Question of the Week edition of The Mind Your Business Podcast. All you have to do is go to http://jameswedmore.com/QA and record a question (under 4 minutes or less) that could be featured on an upcoming episode.

In the episode you’ll hear:

Why I’m so exciting about the opportunities that exist right now to generate additional income
How online education, digital products and coaching makes up such a large part of our annual revenue
The way training other companies and publishing others adds revenue for us
Why we love hosting events so much, and the opportunities that exist in this space
How you can build income by helping your audience get what they need
A breakdown of my investments, what we’re looking to do in the future, and so much more

For full show notes and links, visit: http://mindyourbusinesspodcast.com/podcast/343

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to the Mind Your Business Podcast. Today I'm going to be breaking down
0:06.7	the eight streams of income that I have in my life. So stay tuned. Stay tuned. I've built my business to over $9 million in sales per year.
0:25.0	And this is the first non-business,
0:28.0	business podcast that shows you
0:30.0	how to apply the principles of spirituality, energy, and mindset to create true and lasting
0:36.6	success all from the inside out.
0:41.1	This is the Mind Your Business Podcast.
0:45.0	What is up ladies and gentlemen, James Wedmore here?
0:49.0	Thank you so much for tuning into another Monday edition of the Mind Your Business Podcast.
0:54.0	Today is going to be an episode that I've really been inspired to record for some time.
1:02.0	A lot of my audience and mastermind members ask me these type of
1:07.4	questions and you know I also just got home last night I was actually planning on this episode on the plane last
1:14.4	night from Sedona, Arizona, where we just purchased two rental properties out there. And the question
1:21.6	is all around revenue distribution and income streams in
1:26.0	business and in life and you know it's become such a relevant topic to me for so many reasons and relevant to my clients and my
1:37.6	students for so many ways of diversifying our income streams looking at all the opportunity that's right in front of us to even dipping into what we talk about with my good buddy Mr. Mel Abraham which he'll be speaking at BBD live on this year which is you know all about
1:54.8	wealth management and so today is gonna this is gonna be like a part one I think
2:00.6	it's not like it's incomplete but what I'm going to do is I have
2:04.5	identified eight streams of revenue or income that I have in my business and
2:11.0	I guess it's like in my life in general so eight streams of
2:13.7	revenue with more on the way I'm gonna break down those eight streams of
2:18.8	revenue and then I'm gonna be talking about what are we're adding to my life portfolio, I guess, if you will.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from James Wedmore, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of James Wedmore and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.