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Bonita Richter

Bonita Richter
Executive Coach for Solo Entrepreneurs - "I teach you how to design, build, brand, and market the business of your dreams."


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Articles > Multiple Streams of Income


The joint venture giveaway event, is my all-time favorite. Why? Because there aren't any affiliate links, commissions, teleclasses, or sales involved - it's simply a group of people coming together and giving away some of their best stuff ... and when you have a collective working together in this way you can reach many more people than you ever could on your own. Read on for some tips on how to create your own joint venture giveaway event.


As entrepreneurs, most of us are doing businesses on our own. Many of us however long for the support of a partner. I believe there is so much more that can be done when we work and bring our strengths together. The question is - how do you create a partnership that works for both of you, as well as the communities you're serving? Here are some tips on how to collaborate effectively and profitably.


Everyone talks about multiple streams of income, but not too many people talk about multiple marketing streams. I’ve come to believe that having multiple marketing streams is at least as important as having multiple streams of income.


Bria remembers sitting at a “boot camp” event in LA with a guru speaker and coach, listening to his “platinum clients” who sat in a long line on a stage and talked about their experiences.  They all raved about the benefits of being in a “platinum” group.


I’ve found my clients to be brilliant, talented, and full of fabulous money-making ideas for their business. But because they are solo entrepreneurs, they tend to remain isolated for the most part in their business life. But even though you need to get connected with others, WHO you choose to connect with can either make or break you.


Tina bets you started your business to create more freedom in your life yes? Freedom of time, money and choice. Let me ask you - as your business grows are you actually working more or less time?


It’s never a good thing when you rely on one stream of income. That stream dries up and you’re, ahem, up that creek without a paddle. That’s why having multiple streams of income is so valuable. One stream dries up, you’ve got a few other ones to depend on. Here are 3 quick and easy ways you can start adding more streams right now.


You're ready to make some changes. You've decided to pursue your passion, change directions, and jump right in. You have a wonderful coach who keeps you on course through weekly, bi-weekly, or monthly session, but somewhere in between scheduled sessions you find yourself faltering. Are you looking for a way to stay on course daily? What about a buddy?


One of the best ways to grow your business and to expand your visibility is by tapping into the minds of people who have knowledge that will help you move to a level of mastery in your life.


Yes, you love your clients but honestly, too much 1-on-1 work can leave you feeling exhausted and strapped for time, plus limit how much you can make. You end up not only feeling burnt out but feeling broke too, even though you’re working plenty hard. The good news is that the solution is actually pretty simple.


Affiliate programs are offered by a variety of Internet based companies who want you to refer people to them. For every referral that you make to the company you earn a small referral fee. You become their “affiliate.” Affiliate programs are a way to begin building your passive revenue streams.


Do you find yourself falling into the trap of focusing on what seems important, only to feel like you're missing out on creating the wealth, grace and ease you truly want from your business? Happily, the solution to this very common business problem is pretty simple. And, the good news is, it doesn't involve any complicated time management systems. So let's look at 4 simple tips that I personally use that will help you put the soul back into your day and more dollars into your bank account.


In today’s economy, building strong strategic alliances will enable your business to gain a competitive advantage through access to your partner’s resources, including their knowledge, technologies and their people. Teaming with others will add complementary resources and abilities to your company and will enable those you are teaming with to grow more quickly and efficiently in the process. It is a WIN-WIN for both you and your partners.


Do you have a millionaire mindset? Ok, maybe you don’t want a million or think that’s too high a goal. That’s ok. The purpose of this article is to get you thinking about the way you think about money.


Learn how joint ventures can assist you with success for your business.


Joint ventures and collaborations can be a fabulous strategy to increase your visibility. And they make a lot of sense when you and your potential buddy share a similar type of client (and offer different products or services, of course), but there is a catch.


By preferring to work in solitude or isolation you become a Lone Ranger. There are many reasons why people operate in isolation, but by working with others you can boost your energy, motivation, and inspiration for your business. Read on to see how working with Tonto might make your Lone Ranger more effective!


Creating your own virtual (and even in-person) team is a crucial step to doubling and tripling your income.


Here are 5 tips on how to find or create a powerful master mind that will move you and your business forward to greater rewards and a whole lot more fun.


Do you know that one of the best ways to build a successful online business quickly is through joint ventures? I know this concept can bit a bit hard to grasp to those of us who like being a lone ranger (kind of one of the common traits of being an entrepreneur, right?). But I hope you'll join me as I more fully embrace the "no one reaches success alone" philosophy myself.


Learn how to create dozens of income streams from prweb guru Marnie Pehrson.


As a member of a team, leaders and followers are needed to keep the team running smoothly. Rose Hill analyzes the need for both leaders and follows and how important it is for solo entrepreneurs to step into both roles as when necessary and appropriate.


Many Solo Entrepreneurs work from a home office. Our only connections to the outside world are the internet / e-mail and the telephone. Cold calling, "warm" calling and sending e-mails may seem like the most obvious way to let people know about us and to generate sales. But, there's another way that works even better.

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