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What is Diversification? – Part 4

by Sue

DollarsThis 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.

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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. Please  also share this post with your Twitter and FB friends by clicking on the share buttons. I appreciate you telling others.




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{ 41 comments… read them below or add one }

Michaele Harrington from Alpha Influence August 14, 2011 at 2:17 PM

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@Alpha Influence recently posted..How To Convert More Prospects By Understanding Their Uniqueness

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Sue August 16, 2011 at 6:16 PM

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

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Edden August 17, 2011 at 12:46 AM

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 game

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Sue August 17, 2011 at 5:30 PM

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

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Linda G. Cox August 17, 2011 at 10:26 AM

Sue,
I really appreciate the knowledge you’ve shared in this series! As a network marketer, I’ve learned many things from you and I’m taking your advice!
Linda
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Sue August 17, 2011 at 5:32 PM

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

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Lea G August 21, 2011 at 1:31 AM

hey this is so much interesting about the income diversification since I feel income diversification helps us @ the time of crisis. I know it helps us to invest also in different income sources to know how well we can plan our future.
Lea G recently posted..Massaging can help you to relieve your period pains

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Sue August 21, 2011 at 1:26 PM

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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waterpearls August 25, 2011 at 10:10 PM

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 Coupon

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Sue August 26, 2011 at 4:37 PM

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

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Marcia August 26, 2011 at 5:54 PM

You’re very correct Wateroearls, her video is very informative. Thanks for sharing it to us Sue.
Marcia recently posted..Ways to win the lottery

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Sue August 28, 2011 at 1:45 PM

Hi Marcia
Thanks for your comment and I am glad you found my video informative.

Sue

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Kharie August 30, 2011 at 10:22 PM

Hi Sue,

The series of your videos are great. They are very informative and helps me in getting ideas about income diversification. Thanks a lot.
Kharie recently posted..Breakfast is Ready To Serve!

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Sue September 9, 2011 at 9:49 AM

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

Sue

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Carlita August 31, 2011 at 8:40 AM

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 RN

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Sue September 9, 2011 at 9:51 AM

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

Sue

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Lola T August 31, 2011 at 10:45 PM

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 alpiste

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Sue September 9, 2011 at 9:52 AM

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

Sue

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Sarah September 1, 2011 at 11:09 PM

You look gorgeous on the video..thanks for sharing..:):)
Sarah recently posted..Luxury Ski Chalet

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Sue September 9, 2011 at 9:55 AM

Thank you Sarah. You are very kind. I appreciate your comment.

Sue

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Annalyn September 2, 2011 at 12:43 AM

Great post, I am so glad that i found this informative video…
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Sue September 9, 2011 at 3:04 PM

Thanks Annalyn for your comment.

Sue

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Stephan Hilson September 4, 2011 at 12:55 PM

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 mobile

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Sue September 9, 2011 at 3:08 PM

Stephen if I can help with ideas or diversification let me know.

Sue

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Shivam Garg September 7, 2011 at 2:15 PM

Hi Sue,
This is really very good and helpful article. This explains Diversification beautifully. The points taken were well chosen and well explained too. Well thanks for the information.
Shivam Garg recently posted..Infinity Shoes Coupon

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Sue September 9, 2011 at 3:09 PM

Thanks for the comment Shivam

Have a great day

Sue

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Leonor Miller September 11, 2011 at 6:10 AM

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 Solo

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arlene September 12, 2011 at 7:26 PM

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 Pregnant

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Sue September 15, 2011 at 3:01 PM

Arlene thanks for your comment.

Have an awesome day.

Sue

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Sally Thompson September 14, 2011 at 7:47 PM

I will be glad to share this to my facebook friends.. I admire who you discuss Diversification, so decent and clear.. You have a very informative blog..
Sally Thompson recently posted..pennzoil oil change coupons

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Sue September 15, 2011 at 2:56 PM

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

Have a great day

Sue

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ninja September 14, 2011 at 8:14 PM

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.
ninja recently posted..car parking games girls

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Sue September 15, 2011 at 2:56 PM

Thanks for the comment ninja.

Sue

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Pete Goumas September 23, 2011 at 9:04 PM

Hi Sue,
I really like your post on income diversification. I found that you are a very communicative host of this website and this is a very good quality and I agreed with your lesson.Thanks for sharing!
Pete Goumas recently posted..My Choice Of Home Brewing System

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Sue September 24, 2011 at 11:03 AM

Pete thanks for your feedback. I really appreciate your comments.

Sue

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Alison Barrows from Whole Body Cleanse October 6, 2011 at 12:56 AM

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
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Sue October 6, 2011 at 5:28 PM

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

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gold October 11, 2011 at 3:46 PM

This a great article Sue. I’m very thankful that you shared your knowledge about income diversification. I really learn a lot on you. Thanks!
gold recently posted..My Hacked Arowana Site Finally Up And Running Now … Also Aquarama 2011 is in Singapore this week!!!

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Sue October 17, 2011 at 10:56 AM

Thanks for the comment gold. I appreciate it.

Sue

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Meg from Bathroom Light October 20, 2011 at 11:12 PM

Hi Sue…

I am very glad and thanksfull to you for this whole generous sharing about your life mistakes. I feel myself very lucky to be a part of this series.

This will definately going to help me lot in my life from now. I have to say that I am proud of YOU.

Thanks a lot again for this. I enjoyed lot and also learned lot from this.
Meg@Bathroom Light recently posted..Lighting & Electrical

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Sue October 21, 2011 at 3:51 PM

Meg thanks again for your comments and kind feedback. It was my aim with this series to help people not repeat what has happened to me. I have also learned to pick myself up and keep going no matter what.

Thanks for your participation in the series.

Sue

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