"Forget About Multiple Streams"

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I was watching a vid the other day where Reese basically says people get spread to thin when the try to create multiple streams. He pointed out that most of the most wealthy people in the World focus on one thing. Gates - Software..Buffett - Stocks...Trump - Real Estate

I can see that...it's hard to focus on 6-7 different niches, promoting them all, building a list...etc.

It does make sense because you can't offer the same amount of quality as you could if you just focused on one thing.

That's what I'm kinda struggling with...I've got some products, sites, different ventures..but I'm getting spread a little thin.

So basically I'm going to finish up all my loose ends...Then start concentrating on ONE single thing and add as much valuable content and expertise as I can.
#main internet marketing discussion forum #john #reese
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    • Just go to income.com and check around. i forget exactly where it's at
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    • I agree with you that focusing and working hard on the most profitable is the way I follow .

      But , I also involve in creating multiple stream of income in small niches .

      So , if you can do it ...follow both ways .

      Mike
  • I have this challenge too. The inability to focused. I think what would be good is to learn and dominate one area before spreading out to others so that you have your hands in many pies. Profitable ones that is.
  • YOU ARE WRONG BRO. When we say one should have multiple streams, that does not mean we should work on multiple streams at the same time. It means, you work on a single project, make a passive income and move on to create another passive stream.

    When you will work on the multiple streams at the same time, you are going to FAIL
  • True, but they do things on a much larger scale.

    My primary business markets are marketing, software and business development.

    My im markets are just niches that want to spend money.
  • By focusing only of Windows as an desktop operating system. Bill Gates initially "missed the boat", on becoming a player in the browser market. Netscape Navigater took this market. This led Gates to start Microsoft Explorer and bundle it with Windows,this practice was deplored as anti-free competion by many at the time, because he was using his Windows software to knock any competition.
  • Hi,

    Multiple streams can be defined
    as streams from One niche.

    I see it as serving a customer
    base from one niche in different
    aspect, meeting their different
    needs.

    Lets say exercising...

    You can have a stream selling them ebook on exercising tips...
    another stream on cross-promoting affiliate products on exercise....

    next, you can be a trainer to have your personal students and charge
    them training fees....

    With the same list, you have 3 streams now.

    I am sure you can build more streams!

    Cheers,
    John
    • [1] reply
    • The confusion comes from not understanding what your business model is. It's quite easy to define a niche too narrowly.

      For example, Bill Gates didn't say that Microsoft was going to do their first product, BASIC, to the exclusion of all other computer related products. Donald Trump didn't just concentrate on NYC real estate. Warren Buffet didn't buy stock in just one company and no others. They defined their niche and business model broadly so that they could grow.

      If you're here you're likely in the business of Internet marketing. This covers a wide area and leaves you plenty of room to expand into new areas as needed. If you define yourself too narrowly, such as "I only do PPC for email submits", you may find that your growth and income stunted.
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    "Forget About Multiple Streams"

    I was watching a vid the other day where Reese basically says people get spread to thin when the try to create multiple streams. He pointed out that most of the most wealthy people in the World focus on one thing. Gates - Software..Buffett - Stocks...Trump - Real Estate I can see that...it's hard to focus on 6-7 different niches, promoting them all, building a list...etc.