New revenue stream each Q
I try to add one new revenue stream, or double one current revenue stream, every quarter.
It’s ok if one isn’t doing as well because I’m diversified. This is the key." -Codie Sanchez
Codie Sanchez = new girl crush?
My 2021 Asset Generation Plan:
Q1: Increase value of home (fix this ugly POS up)
Q2: Newsletter (goal will be subscribers, not $ at first).
- Investing in crypto? (I'm so late to the game, I know!)
Q3: Doubling newsletter subscriptions
Q4: Doubling those subscriptions
Why so much focus on a newsletter?
- Aligns with my strengths (content all day errday)
- So many new revenue streams can pour out of the newsletter!
- Paid newsletter
- Courses (high-quality stuff like Pat's Lean SEO)
- Book (this is my dream)
- Podcast
- YouTube
- Gain data and use it to launch side businesses
3. If it fails, I still win!
- Connections: This little blog has already connected me to really fucking cool people. A kick-ass newsletter will only do more of that.
- Skills: I'll learn how to run a media company. Tell me that's not a hugely valuable skill in 2021.
What about you?
How many revenue streams do you have? What will you do this year to diversify and improve? DM me or email. :D