Multiple Streams Of Income

September 7, 2008

Love her or hate her, Martha Stewart is one smart business woman! Many people talk about building multiple streams of income, (including moi), want to see the best example … let’s look at Martha’s business.

Television shows, satellite radio, syndicated news columns, appearances on the Today show, magazines, catalog business and floral business. Being smart and savvy she knows the power of joint ventures and has licensing deals for furniture with Bernhardt, food with Costco, wine with Gallo, homes with KB Homes, paint products with Sears and Lowes, paper craft products with Michael’s and home accessories with KMart and Macy’s!

Now I know most of you don’t aspire to rule the world like Martha does, but you need to learn the concept. I call it “slice and dice”, it’s easier to build a six-figure income with lots of “mini businesses” under the brand of your primary business.

If you want $10k a month in revenues, is it easier to have four “mini businesses” do $2500/month in sales or struggle to have one business do $10k in sales? Look at your own business and decide how you can implement this powerful strategy.

So my hat goes off to Martha Stewart the “Queen of Streams.”

Prince Charming Isn’t Coming!

September 6, 2008

prince-charming.jpg Prince Charming Isn’t Coming. Okay, let’s face it ladies many of you are depending on Prince Charming to come sweeping into your lives and rescue you right? Well, what if I told you he’s not coming? What then? I’ve met many women who have gone through a divorce (or not) and have had to start over financially,like myself, and they just don’t see themselves getting ahead. Many of these smart, talented women think they need to find “Prince Charming”, you know the guy that’s going to come into your life, fall madly in love with you, carry you off to the forest and you’ll live happily ever after and not worry about how to pay the bills ever again!

I find these same women are so desperate to find “their prince” that they are grateful for any man that will look twice at them. Why are you ladies selling yourself short? And what’s wrong with going out and creating the future that you desire and deserve?

Every one of you have the skills, knowledge, and expertise to create the income you deserve. Ladies, you need to have “out of the box” thinking, you need to become an entrepreneur. Check out these statistics:

According to the Center for Women’s Business Research, Women are starting businesses at twice the rate of men. Women make or influence over 80% of all purchases in America. Currently there are over 10.6 million women-owned businesses employing 19.1 million people and generating $2.5 trillion in sales.

How powerful is that? Now if all those women did it, so can you. All of you ladies can go out and create the life and the business that you want. Just think how much more attractive you’ll look to Prince Charming when he does arrive at your door … you, the princess with the six-figure income business living the life of her dreams. Don’t you think the Prince would love that, the smart, savvy Princess that has created an incredible life for herself. And all you Princesses might become a little bit more selective out there, not running into the arms of the first Prince that says “hello”.

Well, I have to tell you about an incredibly smart and financially savvy woman, her name is Barbara Stanny. Barbara’s mission is to motivate women to become financially empowered. Barbara has books and workshops available to teach women how to become financially independent and wealthy.

You must read Barbara’s book Prince Charming Isn’t Coming: How Women Get Smart About Money so that you can create the life of your dreams, live the life you deserve and knock Prince Charming’s socks off when he does arrive!