This post originally ran on Maxton Men.
Most people have limiting beliefs that prevent them from creating additional income streams. These include:
1. It’s going to take a lot of time that I don’t have
2. I don’t have any particular valuable skills or connections people would pay for
3. It’s hard to create a product to sell
There’s good news – for most people, these beliefs are false and it’s never been easier to make some extra coin on the side.
The best way to create additional income streams without incurring a large time cost is to package an existing asset into a commodity or service that can be distributed with minimal effort. This is scalable income creation.
Still sound hard? Most people stop here because …