Chapter
Protect Your Income by Diversifying Your Business
It's essential to protect your income by allocating some percentage of your assets on side businesses or R&D projects for unforeseen circumstances. For influencers and personal finance, treating yourself as a business and focusing on smart investments is crucial in the long run.
Clips
Content creators should invest at least 10% of their time and assets in R&D projects or businesses to avoid over-reliance on one platform or channel.
17:00 - 19:51 (02:50)
Summary
Content creators should invest at least 10% of their time and assets in R&D projects or businesses to avoid over-reliance on one platform or channel. Diversification prevents sudden income loss if a channel gets taken down, ensuring long-term success by being prepared for different scenarios.
ChapterProtect Your Income by Diversifying Your Business
Episode#236: Nate O'Brien [VIDEO] – Millionaire YouTuber On Meditation, NFTs, and Fame
PodcastThe Danny Miranda Podcast
Learn how to view yourself as a creator like a company and organize your finances like a professional to relieve stress in case of loss of income, from an influencer's perspective.
19:51 - 22:21 (02:30)
Summary
Learn how to view yourself as a creator like a company and organize your finances like a professional to relieve stress in case of loss of income, from an influencer's perspective.