Increasing Your Income
Increasing your income is a critical step in the Wealth Creation Formula. It will be difficult to become rich without the increase in your income. Once you have created an income flow. Find ways to increase it. No, I didn’t say go get a second job, the third job, or start a business. I want you to increase the income from your current flow.
Don’t lose focus on your first source. This is where people lose. They try to branch out too quickly. The sexiness of quitting their jobs drives them to look for other sources without perfecting their first source. In addition to fortifying your first source, increasing that flow takes skills. But the learning process will help you scale later.
The Importance of Your First Stream
Your primary income source is your lifeline. This is why we want to increase it. All too often people start new business ventures and let their primary income flow dry out. Remember your primary source pays the bills, keeps food on the table, and will fund future investment ventures.
The movement to become your own boss is enticing. The road is paved with broke bosses and would-be entrepreneurs. Starting a side hustle is the correct thing to do. But not before you secure and increase your first flow. Your first flow funds your entire lifestyle. Don’t forget that.
Increasing Your Income
How can you increase your income now with your first flow? How can you bring more money in with what you are…