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What is Diversification? – Part 4

What is What is diversificationDiversification?  This is the final part to this series What is Diversification? If you have not read the previous posts please do so this one is in context for you.

You can find them here:

In my last video I shared my biggest lesson learned by not having diversification in income sources. In this video I continue my story and where it has brought me to today.  I believe you too can learn from other people’s mistakes. I hope you can from mine.

[youtube]http://www.youtube.com/watch?v=x8STn1d_ssM[/youtube]

Thanks for following me with this series and I hope I have convinced you of the importance of having diversified and residual income as well as  leverage.

Please leave me your comments below. I love to hear what you think on the topic of What is Diversification. Please  also share this post with your Twitter and FB friends by clicking on the share buttons. I appreciate you telling others.

40 thoughts on “What is Diversification? – Part 4

  1. Michaele Harrington

    Hi Sue,

    This has been an awesome series filled with insight and ‘ah ha’ moments.
    Whether someone is in a traditional business, a traditional job or Network Marketing, multiple streams of income are vital. It’s unfortunate that the education system breeds complacency rather than diversity from an early age! Even in Network Marketing it’s not yet common place to educate on the importance of creating other streams of income. Thankfully though, the message is slowly getting through and your posts are playing a great part in influencing others to take responsibility.
    Michaele Harrington recently posted..How To Convert More Prospects By Understanding Their UniquenessMy Profile

    1. Sue Post author

      Wow Michaele you must have been on my blog as I published this one. Thanks for hanging in with the series.

      I agree that it is not common place in Network Marketing to be building other streams of income. It is amazing really that many people start when they have a job so they have safety net while they build. Then they quit their job and have only one source. I also notice with some people they have strong views that you should only build the one income stream.
      It is easier but now wise.

      Thanks for you comment . Take care.

      Sue

  2. Edden

    I really like to create different social network marketing but i don’t know how to handle it, anyway thanks for the info, really glad that i found this site i have learn something from it.
    Edden recently posted..angry birds computer gameMy Profile

    1. Sue Post author

      Thanks for the feedback Edden. I am not sure what you have in mind with different social network marketing but let me know more.

      Have a good day.

      Sue

    1. Sue Post author

      Linda I know you have your own journey and difficulties that life has thrown you but I hope you never go through the business ups and downs I have had.
      I am sure you will not. Here is to us all having successful businesses online and with iWowWe.

      Sue

    1. Sue Post author

      Thanks for the comment Lea. You are spot on with your comment diversification helps us in times of crisis. I think the economy at the moment is showing many people just that.

      Have a nice day.

      Sue

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  4. waterpearls

    Hi Sue,
    It is a very nice and informative video. Thanks for sharing your lesson on network marketing so that we can learn from it. Income diversification is a wise thing and I agreed with your thoughts.
    waterpearls recently posted..Botanic Choice CouponMy Profile

    1. Sue Post author

      Thanks for your comment Waterpearls. I think many people around the world right now are wishing they had diversified. It is never too late.

      Have a lovely day.

      Sue

    1. Sue Post author

      Hi Kharie
      Thanks for your comment and I am pleased you are getting ideas on diversification. Let me know if I can help.

      Sue

  5. Carlita

    Yay!
    I am very amazed by the topic you have here Miss Sue. I haven’t got the first topics but I am very grateful of the links you point out also. You have a deep and thorough facts on Diversification you point out here. I just can’t say more but my deepest admiration.
    More Power to your topics Miss Sue and God Bless!
    Carlita Simmons
    Carlita recently posted..LPN to RNMy Profile

    1. Sue Post author

      Carlita thanks for commenting. I encourage you to also go through my first posts of this series.
      Have a wonderful day

      Sue

  6. Lola T

    Hey, I am really like this concept of income diversification to have a better saving and it is really an informative video on how to make the saving smartly. Thanks for the information.
    Lola T recently posted..Te de alpisteMy Profile

    1. Sue Post author

      Lola thanks for commenting. Diversification is very important so I hope people can learn from my videos.

      Sue

  7. Stephan Hilson

    I didn’t know how to diverse my income and how leverage works. Maybe I should try to invest my income source. Maybe I will check out the videos, which you provided above. Thanks for the insights about diversification.
    Stephan Hilson recently posted..Comparatif de forfait mobileMy Profile

  8. Leonor Miller

    This is really very informative to know about income diversification. It really helps the readers to know what are the inputs and the necessaries required for this purpose. I Just love the way they have tried to explain this topic.
    Leonor Miller recently posted..Clavier Kinesis Freestyle SoloMy Profile

  9. arlene

    Pretty good post. I just stumbled upon your blog and wanted to say that I have really enjoyed reading your blog posts. Any way I’ll be subscribing to your feed and I hope you post again soon.
    arlene recently posted..Difficulty Getting PregnantMy Profile

    1. Sue Post author

      Thanks for your comment Sally and for sharing my content with your fb friends.

      Have a great day

      Sue

  10. Alison Barrows

    I have recently resigned and switched to an online career, working from home. I must admit I’m not yet fully relaxed, as I have a persistent worry when I think about sustainability. In this context, this posts series brought me so much value….great share, Sue!
    Alison
    Alison Barrows recently posted..Natural Colon CleansingMy Profile

    1. Sue Post author

      Thanks for your comment Alison.

      It takes time to build an online business or any home based business so be prepared for that. Congratulations for making the decision and all the very best with it.

      Sue