Written By Leo Babauta, Making Money
What do you do if you have one main client and for some reason the work from that client dries up?
Perhaps the client goes out of business or goes in a different direction or just has a lull in business?
Your main source of income is then gone. Which is why it’s crucial for anyone who relies on their freelance revenues to have multiple streams of income. That’s easier said than done, of course, as many freelancers have two or three main clients and are happy to focus on those alone. But as many experienced freelancers will tell you, that’s a mistake.
Today we’ll look at a few different ways to set up multiple streams of income to make your freelancing business more stable and ensure that you’re living the freelancing good life for years to come. Please note that the following are just different options you can choose — I’m not recommending you do all of them.
To read the entire article, click here - http://freelanceswitch.com/money/how-to-create-multiple-income-streams/
What Is YOUR Plan "B" Income Stream?!! - http://www.greatworkplan.com/ggiddings
Saturday, July 24, 2010
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