HEY YOU. Yes, I'm talking to you.

Diversify your income streams 🧵

Not just platform diversification, but exploring sponsorships, affiliate marketing, or selling physical & digital products. You can build out your adult business to include these types of revenue sources..

Financial stability means more creative freedom and less stress. It also means that if you couldn't create content for some reason, you'd have other avenues to rely on. A great way to evaluate that is to consider how vulnerable your business leaves you as a creator..

If you got in a terrible car wreck tmrw, (I wish that on no one, but it happened to me in 2015 so it's an experience I can speak from) does your business still provide income beyond filming & producing content in a way that can sustain you?

Can those revenue streams pay all your bills? Or some of them? The ideal situation is that your business and living expenses are covered by each revenue stream individually. So that if one revenue stream went away, you'd still be completely okay..

The sooner you build out these revenue streams, the safer your business becomes & the more stable you'll be during economic hardships - or personal ones. 

Do you know of other diversification streams of revenue that I didn't mention? Comment them below 👇🏼

If you appreciate the info we put out, you'll love our #SWCEO Telegram channel for adult creators only.

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FREE adult creator education for adult entrepreneurs. Sharing what’s worked for me for you to modify & use if you wish #CEOsquad 👉🏼@MelRoseMichaels

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