We always hear:

“Millionaires have 7 Streams of Income”

.. but we’re never told how those streams are created..

Let’s talk https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

.

“CREATING 7 INCOME STREAMS”

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack"> (A MEGA THREAD) https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">
1.

Before we get started..

You need to understand this:

• Millionaires are millionaires for a reason

• More income streams does not equal more wealth

• There are infinite ways of doing this

—> Keep these things in mind..

Let’s get started https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
2.

~ STREAM 1 ~

Got a job?

Cool..

You’re done https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">

If not..

—> Here’s what I recommend:

• A sales position
• Waiting at a high-end restaurant

OR

• A position that teaches you “high-income” skills:
- Sales
- Marketing
- Copywriting
- Web Development
3.

This doesn’t have to be your “forever job” that you work for 30 years..

Find something that brings in some dough https://abs.twimg.com/emoji/v2/... draggable="false" alt="🍞" title="Brot" aria-label="Emoji: Brot">..

.. or something that teaches you HOW to bring in some dough https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">..

(cont..) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
4.

Once you’ve got a job..

You’re probably bringing in between $1500-3000/mth..

But to be generous, let’s say you’re making $1500/mth..

Understand this:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis"> THIS IS YOUR SURVIVAL $$$ https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis">

(Here’s what I mean) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
5.

Your first stream of income is NOT meant to give you the life you’ve been dreaming of..

- Save 6 months of expenses
- Pay your bills
- Be patient

As you’re saving up 6 months worth of expenses..

You need to be building Stream 2..

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
6.

~ STREAM 2 ~

Think of Stream 2 as the fuel https://abs.twimg.com/emoji/v2/... draggable="false" alt="⛽️" title="Benzinpumpe" aria-label="Emoji: Benzinpumpe"> to your income stream FIRE https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">

Adding an income stream reduces your financial risk and opens up an infinite amount of opportunities..

This stream won’t make you “rich”..

But it’ll open the doors to what will https://abs.twimg.com/emoji/v2/... draggable="false" alt="👀" title="Augen" aria-label="Emoji: Augen">

(cont..)
7.

Keep in mind..

You’re not going to build this stream “instantly” like the first..

You’ll be building something that makes you money consistently..

Here’s what I recommend https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
8.

1. Flipping (Products for Profit by @CoachJoeHart) https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">

2. Creating Websites https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer">

3. Growing an Engaged Following https://abs.twimg.com/emoji/v2/... draggable="false" alt="👥" title="Silhouette von Büsten" aria-label="Emoji: Silhouette von Büsten">

—> Let’s talk about these over the course of those 6 months..

(cont..) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
9.

Flipping https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">

Products for Profit has been WILDLY successful..

.. and there are people making thousands upon thousands each month..

It takes practically NO skill and Joe teaches you the rest..

I’m not an affiliate, but I don’t mind promoting something that WORKS https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">
10.

If you don’t have a ton of free time to spend, you can still turn this into a nice bit of income..

Once you get it all down, you can expect a minimum of $500/mth profit, but many people are doing more than that..

(Next)
11.

Building Websites https://abs.twimg.com/emoji/v2/... draggable="false" alt="💻" title="Computer" aria-label="Emoji: Computer">

Whether you know how to build websites or not..

It’s something you can learn within a few days if you follow @joserosado’s method..

He will LITERALLY take you from knowing NOTHING..

..to knowing everything it takes to make some serious https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">

(cont..)
12.

https://gumroad.com/a/778531955 
Once">https://gumroad.com/a/7785319... you get comfortable..

.. you can cash out $500-$2000 by building ONE single website each month.

Here’s my aff link if you’d like to learn:

You’ll know how to build high-performance sites by the end of the week, I PROMISE https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">
13.

Building an Engaged Following https://abs.twimg.com/emoji/v2/... draggable="false" alt="👥" title="Silhouette von Büsten" aria-label="Emoji: Silhouette von Büsten">

Remember:

—> We’re giving ourselves 6 months to add Stream 2...

.. and this is my personal favorite https://abs.twimg.com/emoji/v2/... draggable="false" alt="❤️" title="Rotes Herz" aria-label="Emoji: Rotes Herz">

(Let me explain) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
14.

When building an “engaged” following..

You’re getting people to follow who will:

- Support you
- Buy from you
- Buy from you again

** This doesn’t happen instantly, but it’s an income stream you can continue to grow forever..

(Example) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
17. (others got deleted)

If you’re not sure you’ve got what it takes to hit 5000-10,000 followers ..

I teach EVERYTHING here: http://gum.co/GaqNP 

I’ve">https://gum.co/GaqNP&quo... taught these strategies to close friends of mine and their growth has been EXPLODING consistently..

$25 is worth it
18.

In short,

Your second income stream should be based around something you’re good at..

Or something you’re willing to learn https://abs.twimg.com/emoji/v2/... draggable="false" alt="📚" title="Bücher" aria-label="Emoji: Bücher">

As mentioned before:

—> This is NOT meant to make you rich https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚫" title=""Betreten verboten!"-Zeichen" aria-label="Emoji: "Betreten verboten!"-Zeichen">

But..

(Here’s what it just did for you) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
19.

Stream 2 just gave you an income source that you can invest SAFELY https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔰" title="Japanisches Symbol für Anfänger" aria-label="Emoji: Japanisches Symbol für Anfänger">

Your job has covered your bills and your emergency fund..

.. so creating wealth is your next focus

(Keep THIS in mind) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
20.

There ARE people making:
- $5000/mth Flipping
- $10000/mth with Websites
- $10000/mth with a Following..

But we’re being generous here..

Realistically, Stream 2 should be bringing you AT LEAST $1000-2000/mth after 6 months

(cont..)
21.

If this is true..

You’ll want to take that $1000-2000/mth and either:
- Put some aside for Rental Properties
- Put some into Dividend-Paying Stocks

—> Notice what happened..

We took the income from Stream 2..

and turned it into 3 AND 4..

(cont..)
22.

I’m not going to detail how to go about these things as there is plenty of information available..

I WILL recommend reading “Investing in Duplex, Triplexes, and Quads” by Larry B. Loftishttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🏡" title="Haus mit Garten" aria-label="Emoji: Haus mit Garten">

And follow @TheAlphaThought & @CalebGregory304 for Dividend Advice https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend">
23.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟡" title="Gelber Kreis" aria-label="Emoji: Gelber Kreis"> LETS TAKE A BREAK https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟡" title="Gelber Kreis" aria-label="Emoji: Gelber Kreis">

At this point..

You have 4 Streams of Income..

But you’re not “rich” yet..

- Your job is bringing $1500/mth
- You’re hitting $2000/mth on Twitter
- You’ve got a property rented out
- You have some dividends coming in..

So now what? https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤔" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">
24.

When you get to this point..

You probably don’t have much free time left..

It took a few months to find a Rental Property so maybe you’re 1-2 years in..

.. and your following is now bringing you $4000/mth (which is enough for your bills) so you quit your job..

(cont..)
25.

Now that you’ve finally quit your job.

You’ve got a TON of extra free-time..

So what do you do?

Options:
• Increase Stream 2
• Buy another property (stream 5)
• Teach what you know (stream 6)

(cont..) https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
26.

As mentioned earlier, there are endless options here..

- You don’t “need” to buy property..

- You don’t “need to invest in stocks..

—> But the concept is what’s important here..

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔑" title="Schlüssel" aria-label="Emoji: Schlüssel">: Use your income to BUY more income
27.

@CJ_Johnson17th is a PERFECT example of this..

He makes money with:
- Several courses
- Real estate
- His watch company
- Stocks/Options
- and more..

STICK TO WHAT YOU KNOW! https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">
(but don’t be afraid to learn)..

https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
27.5

—> You don’t need to have 7 streams of income coming from 7 different niches (it can get complicated that way)..
28.

You want multiple streams for:

1.) Extra income (duh..)
2.) Less financial risk (diversity)

You may become a millionaire off of 4 streams..

Maybe it’ll take 10..

Every situation is unique..
29.

The goal here is this:

Increase your income..

.. without increasing your “hours worked”

(Scalability) https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend">

.

Over time..

Your 1 hour of “work”

Will go from being worth $20..
to $2000

(cont..)
30.

If you can consistent increase 1 income stream..

.. that’s safer than going out looking for another one..

—> It’s not until that stream becomes “a hassle” or doesn’t scale any higher that you should move on..
31.

It’s important to focus on:

Increasing income https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">
Not income streams https://abs.twimg.com/emoji/v2/... draggable="false" alt="❌" title="Kreuzzeichen" aria-label="Emoji: Kreuzzeichen">

~ So how do you get started? ~

- Find a mentor
- Use online resources
- Just freaking TRY!!!

Experience is the best teacher

So don’t be afraid to try and fail, OFTEN https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔥" title="Feuer" aria-label="Emoji: Feuer">
32.

Getting started is always the toughest..

But if this was easy..

You’d have 7 income streams https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤦‍♂️" title="Mann schlägt sich die Hand vors Gesicht" aria-label="Emoji: Mann schlägt sich die Hand vors Gesicht">

(cont..)
33.

This thread wasn’t “meant” to teach you how to get 7 streams TODAY..

But you should have a pretty damn good idea of “how” those streams are created..

.

In the beginning, you exchange time for money https://abs.twimg.com/emoji/v2/... draggable="false" alt="⏰" title="Wecker" aria-label="Emoji: Wecker">->https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">

But as you progress..

Money should FREE UP your time https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏖" title="Strand mit Sonnenschirm" aria-label="Emoji: Strand mit Sonnenschirm">
34.

I’m curious to hear what you have to say after reading this.. https://abs.twimg.com/emoji/v2/... draggable="false" alt="💭" title="Gedankenblase" aria-label="Emoji: Gedankenblase">

- Is “7 streams” stupid?

- Is there an easier way?

- or did you learn something?

Please let me know, let’s have a conversation https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
35.

Also,

I wrote this thread THREE TIMES because Twitter couldn’t handle the content..

Please..

If you learned absolutely anything or found this interesting..

—> RT the first Tweet for me..

** If this one performs well, I’ll know to keep it up https://abs.twimg.com/emoji/v2/... draggable="false" alt="👍" title="Thumbs up" aria-label="Emoji: Thumbs up">

Thank you for reading https://abs.twimg.com/emoji/v2/... draggable="false" alt="❤️" title="Rotes Herz" aria-label="Emoji: Rotes Herz">
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