2038
4 min 43 sec

Q&A: “How many income streams is best?”

Today’s caller is diving into the world of side hustling, already earning money from one or two sources with plans to add more. Is there an optimal number to aim for?
Q&A

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What It's About

Today's caller wants to know if you can have too many ways of making money?

Notes from Chris

Episode 2038
Like Alan Jackson said, “Too much money … no such thing.” But what about sources of that money, also known as income streams?

Today’s caller is diving into the world of side hustling, already earning money from one or two sources with plans to add more. Still, they’re now wondering if there’s an optimal number, especially considering the need to focus as well as keep up with that day job. Let’s see if we can help them out…

"I've been selling on eBay, and I'd like to do more of that. I'm also trying to build a website and learn about coding. And then, of course, I have several other ideas on the back-burner, mostly from listening to the show and hearing cool stories.

I know that I can't stretch myself too thin, and I also have a day job, but I like doing different things and I want to make sure my income is truly diversified. Therefore I'm wondering: how many income streams is best for the average person? Is there an optimal number? "

Listen to today's episode to learn more...

 
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To infinity and beyond,

Chris Guillebeau