How to become a 'multi-incomer' 💰

Hello there,

I just recently joined the millionaire’s club ✨ and not the clickbait ‘I made a million but spent $999K’. Nope! My husband and I built an investment fund over $1.1M. That’s money in the bank, making more money for us. Maybe the best part is this is our third source of income: we have our businesses and now the investments.

Now that I made it to this level, while working full time and having a kid, I can share some ideas for you to do the same.

Welcome to Multi-Incomers⚡️

WHAT’S INSIDE:

• 5 types of multi-income strategies and what to do first

• How to make real money with courses - short interview

• 50 types of funnels to sell while you sleep

Deep Dive Into Multi Income Streams 💰

There are as many ways to earn money as stars in the sky - cheesy but true. For most of us, time will be the biggest constraint, so here are the five great income streams for regular people (like you and me) that leverage time the most.

Job or Career: if you like your job and make steady money from it, keep it until another income stream pays you more for the same amount of time. Don’t cold quit your 9-5, it is a typical case of ‘the grass is greener…’ trust me.

👉🏻 Digital Products and Expert Courses: Creating a digital course that I sell through paid ads was the biggest time and money leverage for me. If you want to make it even easier…create a course teaching people what you already do for work (like I did). You get paid for your expertise twice, it’s leveraged, automated…highly recommend as your second stream. A few good posts about the topic.

Affiliates (Amazon, products and services, etc): Personally I like to affiliate for tech and courses that I use, but you can affiliate for other products on Amazon, random stuff you find on the internet and the list goes on. Here is a nice post to dig deeper into affiliate marketing.

Media and Content Creation: this is the revenue stream I’m building right now so not much to disclose. If you love creating content, any type of content, there is a growing market for micro-influencers, UGC (user-generated content), media publications like this newsletter and so on.

Word of caution…content creation is very time-consuming and can take a long time to see results. If you want to see some money come in, I recommend the options above.

Money Investments: I’m not a financial planner and I’m really new to all of it, but I know this…even when I was getting paid almost nothing as an intern, I was putting money aside in a 401K - so you can start with as little as you want but getting in the habit of investing is a good one.
Now, to use it as an income stream, like I do, you will need some serious cash. Part of our investment came from building, buying and selling 3 homes - so not something you can replicate, but part of it came from putting everything I made with courses into our fund. That is something you can do and I can help you with.

What’s your next step?

Together with Amy Porterfield

Creating a digital course was my first additional income stream - and then my full time thing. So I asked one of my first mentors, Amy Porterfield, what she thinks of the current course creator scenario.
{13min watch}

BEST FINDS ⏳

DesignJoy: one-man design show if you want to create a professional look for your site, collateral, online presence, etc.

Showit Templates: My website is awesome and is a 1-click template you can get here. Use code ‘ROBERTASENTME’ for 15% off.

AI PROMPT

Want Chat-GPT to create a course outline for you? Here’s a prompt we used for a mini course in Meta ads you can try for your topic.

Example: Can you create a course curriculum with 5 modules to teach how to create Facebook and Instagram ads?

THE 2HR WORKDAY ⏳

Hacks to create a side-business in only 2hr

Time hack of the week is to pick one of those 50 ways to evergreen your course (aka sell every day) and implement it. No worries if you need a bit more help I’m almost done with the evergreen launch kit and you can pre-order here.

and that's a wrap for the first issue of Multi-Incomers ⚡️ I hope this weekly-ish newsletter help you create a lifestyle full of joy and money!

Until the next one…