Tag: Diversify

Get Multiple Profit Sources

It’s an old saying, but couldn’t be more true today – Don’t Put All Your Eggs in One Basket While the quote suggests putting your eggs into multiple baskets, another idea is to have more than just eggs in your basket. In other words, diversify your business. To generate the most profit in your business, you must build your business on a foundation of Multiple Profit Sources instead of depending on one single revenue source. Why grow incrementally or linear, if you can grow geometrically and exponentially with the same time, effort and capital. Let geometry work for you. Geometry is not 2 + 2. It’s 2 x 2 x 2. It’s basically bringing three different factors, or more, together. It’s been proven that it is easier to sell more to each customer than it is to get in more customers. One stop shopping has become the standard. While the …more