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Multiple streams of income (view source)
Revision as of 07:09, January 28, 2024
, 07:09, January 28, 2024no edit summary
'''Multiple streams of income''' is an [[economic]] concept that is applied to either [[business]] or personal use whereby the person or business entity seeks multiple sources for [[income]] that have some level of separateness so that in the event that one stream "dries up", the other sources will continue and prevent a catastrophic situation from occurring.
'''Multiple streams of income''' is an [[economic]] concept that is applied to either [[business]] or personal use whereby the person or business entity seeks multiple sources for [[income]] that have some level of separateness so that in the event that one stream "dries up", the other sources will continue and prevent a catastrophic situation from occurring.
== Common mistakes in creating multiple streams of income ==
*[https://www.nasdaq.com/articles/the-6-biggest-mistakes-in-creating-multiple-income-streams#:~:text=What%20are%20the%20best%20ways,assess%20your%20skills%20and%20interests. The 6 Biggest Mistakes in Creating Multiple Income Streams], NASDAQ.com
[[Category:Economics]]
[[Category:Economics]]