Hello Team JSE,
This is a weird post.
But, no less than 50 people have asked me this question, “What are all the ways you earn money?”
First, I’m NOT going to tell you how much I earn with each revenue stream. I never have, and I never will.
This is an important lesson for you. And it’s to illustrate why it’s important to have a wide range of income streams.
Industries ebb and flow. Seasons can change sales volume. Each countries has strengths and weaknesses.
New competition, changes in Google’s algorithm, changing trends and unforeseen circumstances make multiple streams of revenue vital to high levels of financial success.
There is a very important lesson here: You must have multiple revenue sources.
What if your job goes away?
What if the major contributor to your local economy leaves (like a military base or large company)?
What if your source of client leads goes away?
You MUST have a back up plan, and a back up plan for the back up plan….. and so on!
Then, when you can get them all going at the same time, you are really rockin’.
Statistically, the average millionaire has 7 (SEVEN) sources of income.
Before we go further, ask yourself, “How many sources of income do I have?”
I will tell you this…. I, like most seasoned entrepreneurs, have a couple primary sources of income, and many secondary sources of income. Some of my secondary sources of income earn less than $20 per week. Yes, that little. But, when you have many of those, it adds up.
Here’s the list:
NESTA (National Exercise & Sports Trainers Association) offers about 20 or so education and business programs for fitness and nutrition professionals. So, if you break it down, there are 20 sources right here (or you could count it as just 1).
Spencer Institute offers about 12 or so education and business programs for coaching and personal development professionals. So, if you break it down, there are 12 sources right here (or you could count it as just 1).
MMA Conditioning Association offers a certification and business system for martial arts conditioning experts.
ITCA – International Triathlon Coaching Association offers a certification and business system for triathlon coaches.
Fitness on the Go Personal Training Business System – I work with the founder of this awesome company which helps trainers in Canada, the US and soon the entire world.
Rank Dominator – SEO (search Engine optimization) – This is something that I’m really passionate about. I’m a nerd at heart. This service helps ALL KINDS OF COMPANIES all over the world.
I’m a Beachbody Coach – I offer the excellent Beachbody programs and products, and I help other people do the same.
I partner with various service providers.
I’ve hosted infomercials.
I publish Personal Trainer Magazine.
I write books – Here’s one you can get for FREE
I invest in real estate.
I offer the JSE Mastermind to entrepreneurs in the health, fitness and coaching industries.
I’m an affiliate for an incredible email marketing system.
I work with this company which allows you to accept credit cards for your business.
I created this very cool Nationwide Client Funnel Online Marketing System.
I also periodically promote other proven and reviewed products from industry leaders. I earn a commission for each sale.
I create products like The Info Product Blueprint which helps people like you get your ideas turned into an online course or information product.
I’m a reseller of web hosting services.
I have Kindle books on Amazon.
I’m an Amazon affiliate.
I made a self-defense program I sell on Clickbank.
I also have sites which have Google Adsense. I earn money from Google.
Wow…. As I’m writing all this down, I’m realizing how much I have going on!
But wait….. there is more!
I also get paid to speak at different events. Sometimes I do it at no cost. But, it always needs to be a win-win in one way or another.
I also do CPA (cost per action), CPL (cost per lead) and other types of affiliate marketing. Some of this works very well, and others don’t work well at all (at least not for me, or not yet!)
I also consult and do work for high-level fitness and martial arts business owners.
In the past, I’ve made money creating and producing an award-winning documentary movie and writing for magazines.
And, what I’m really proud to announce… THE PENTHOUSE GROUP.
Well, There you have it. I’m betting I forgot a couple things. But, that is a good chunk of it.
The amount of each source of income is NOT THE POINT. This post is to do the following: 1) show you that multiple sources of income is vital to your financial success, 2) show you the diversity and possibility, and 3) share my products and services with you.
I’m here to help you any way I can.
I support you 100%. If you have questions, please contact me.