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— do not merely look at the dollar figure.</p><p id="f7f9">A vital feature of a side hustle is to ensure that your income stream is scalable.</p><p id="b36f">It means doing 20% of the legwork — which produces 80% of the results.</p><ul><li>Freelancing is this: Time and effort = income output.</li><li>The goal = Time and effort < income output</li></ul><h2 id="7ec0">Getting the right equation</h2><p id="2234">Your side hustle must have the potential to grow exponentially</p><p id="8c54">That increase correlates with the likelihood (of) multiplying your income without giving too much effort into it.</p><p id="6e28">You (are) not hindered by the increase in demand or production. It means you have a system in place to deliver to meet any gap or expectation. To (get) in this state, your income stream must (be) supported by a business system or solid process.</p><p id="e2df">On top of having an established system, you must have a tested marketing and sales campaign.</p><p id="dfad">And the key here also is that it can (be) automated. The lesser the manual work, the better it can operate on (its) own.</p><h2 id="0264">1. E-Books</h2><p id="8c50">You have seen this already, I know.</p><p id="f2e3">If you have been working on this platform regularly, you most likely have developed the art of writing.</p><p id="b979">Define your niche, work on a 40 to 50-pager <a href="https://readmedium.com/how-to-build-a-killer-ebook-business-empire-at-any-age-c63011a0ae8d">eBook</a>, apply your copywriting skills (or hire one) and promote specific communities where the interest is (already) present.</p><ul><li>Level of difficulty: Easy</li><li>Build to launch time: Approximately two months</li><li>Income projection: Unlimited</li><li>Top Skill required: Writing</li><li>Platform: Amazon KDP</li></ul><h2 id="1a53">2. Online courses</h2><p id="95ee">If you have a following who merely does not see you — but trust you, you c

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an eventually launch other knowledge products such as an online course.</p><p id="93e3">I have shared <a href="https://readmedium.com/step-by-step-guide-on-how-to-create-an-online-course-worth-129-49b1e3ccfd70">this in an article </a>— and you must have a system in place to leverage your eBooks and transform them into an Online course with a bit of tweaking.</p><ul><li>Level of difficulty: Medium</li><li>Build to launch time: Three months to six months</li><li>Income projection: Unlimited</li><li>Top Skills Required: Scriptwriting, video editing, speaking</li><li>Platform: Teachable, Gumroad, Udemy, and more</li></ul><h2 id="f801">3. Affiliate Marketing</h2><p id="3d61">To simply, <a href="https://readmedium.com/what-i-have-learned-about-affiliate-marketing-from-the-pros-649bf47f5e19">affiliate marketing</a> is like a sales agent online. But the cool thing here is you do not need to go outside the field to make money.</p><p id="0e8b">It (is) a must that you have excellent copywriting skills in this niche. Having a genuine experience of what you are promoting will work to your advantage if you choose this field.</p><p id="89dc">You need to be patient if you choose affiliate marketing as one of your income streams — but when you get the hang of it, you can make a bulk of money when you work with high ticket items.</p><ul><li>Level of difficulty: High</li><li>Build to launch time: 180 days</li><li>Income projection: Unlimited</li><li>Top Skills Required: Copywriting</li><li>Platform: Any digital products with an affiliate program</li></ul><p id="b257"><i>If you want access to unlimited articles, become a Medium member. Sign up at this <a href="https://dennis-desilvaph.medium.com/membership">link</a></i></p><p id="536b">Read more stories like this by subscribing to<b> <a href="https://sidehustleclub.substack.com/?utm_source=discover_search">The Side Hustle Club’s newsletter.</a></b></p></article></body>

3 Simple To Launch Income Streams That Can Replace Your Job Later On

Be patient — you will eventually get it

You aim to make that extra income for (the) reason that having a 9–5 job is not enough.

What you do (is) search the net and find opportunities doable in no time to bring you money into your pocket. You have seen a lot of articles — but you have not started because of procrastination and fear.

Some are making money — but maybe exhausted at this time already.

Side hustle money defined.

The birth of a side hustle exists for many reasons. It can merely be a source to pay for your wants — such as a vacation.

Or it can be paying an obligation — and long term, serve as a replacement to your full-time job. The common attribute of a side hustle is it creates money.

What separates it from the rest is the intention and objectives.

The ultimate desire

I have seen several guys who turned away their backs from their full-time job. They replaced it with their hustle — so they created a job for themselves.

Selling on insurance, real estate sales, or the multi-level programs of health and wellness companies are part of their list. Some prospered and re-invested in other businesses. Some went back to their 9–5 to build a career for themselves again.

There is no easy way of growing an income stream. What I am saying is when you aim to replace a job in the future — do not merely look at the dollar figure.

A vital feature of a side hustle is to ensure that your income stream is scalable.

It means doing 20% of the legwork — which produces 80% of the results.

Freelancing is this: Time and effort = income output.
The goal = Time and effort < income output

Getting the right equation

Your side hustle must have the potential to grow exponentially

That increase correlates with the likelihood (of) multiplying your income without giving too much effort into it.

You (are) not hindered by the increase in demand or production. It means you have a system in place to deliver to meet any gap or expectation. To (get) in this state, your income stream must (be) supported by a business system or solid process.

On top of having an established system, you must have a tested marketing and sales campaign.

And the key here also is that it can (be) automated. The lesser the manual work, the better it can operate on (its) own.

1. E-Books

You have seen this already, I know.

If you have been working on this platform regularly, you most likely have developed the art of writing.

Define your niche, work on a 40 to 50-pager eBook, apply your copywriting skills (or hire one) and promote specific communities where the interest is (already) present.

Level of difficulty: Easy
Build to launch time: Approximately two months
Income projection: Unlimited
Top Skill required: Writing
Platform: Amazon KDP

2. Online courses

If you have a following who merely does not see you — but trust you, you can eventually launch other knowledge products such as an online course.

I have shared this in an article — and you must have a system in place to leverage your eBooks and transform them into an Online course with a bit of tweaking.

Level of difficulty: Medium
Build to launch time: Three months to six months
Income projection: Unlimited
Top Skills Required: Scriptwriting, video editing, speaking
Platform: Teachable, Gumroad, Udemy, and more

3. Affiliate Marketing

To simply, affiliate marketing is like a sales agent online. But the cool thing here is you do not need to go outside the field to make money.

It (is) a must that you have excellent copywriting skills in this niche. Having a genuine experience of what you are promoting will work to your advantage if you choose this field.

You need to be patient if you choose affiliate marketing as one of your income streams — but when you get the hang of it, you can make a bulk of money when you work with high ticket items.

Level of difficulty: High
Build to launch time: 180 days
Income projection: Unlimited
Top Skills Required: Copywriting
Platform: Any digital products with an affiliate program

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Read more stories like this by subscribing to The Side Hustle Club’s newsletter.