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Business strategy
The danger of having only one source of income.
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[QUOTE="Ub40, post: 77423, member: 28875"] In my opinion and from personal experience, having one source of income very risky. And enough statistics have shown that families that live totally on a single source of income are at a greatest risk of poverty. To provide a biblical backup for the idea of having a multiple stream of income, there is a verse that is worth deep meditating. King Solomon in Ecclesiastes 11:12 (NIV version), says invest in seven ventures, yes, in eight; you do not know which disaster may come upon the land. An average millionaire today does not have one source of income. For instance, as a government worker I depended on my salary for all my expenses untill I experienced the danger in it. So I now imvest my salary in different genuine online and offline businesses and investments. And it is paying off. I know that my job will be gone some day either through retirement or in whatever way. Then I will fall back on my investments. So, diversity your income today. Good luck! [/QUOTE]
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The danger of having only one source of income.
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