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<blockquote data-quote="theag" data-source="post: 674429" data-attributes="member: 9009">Multiple streams of income.Currently my main income is from a single ecommerce store, but I still do some very steady consulting work on the side, which would cover my living expenses even if my business goes completely bust.So its good to have an in-demand skill, like ads management, coding, copywriting, product sourcing, amz listing optimization etc. Depending on your business you will likely pick up at least one of those on the way anyways, so doing some freelance work with it is not much of a reach.Planning to add more streams by diversifying products, sales channels, and at some point also industries/niches. Saving your money is obviously also helpful for rainy times.This article is pretty good: <a href="http://wallstreetplayboys.com/building-a-recession-proof-life-ten-steps/">http://wallstreetplayboys.com/building-a-recession-proof-life-ten-steps/</a></blockquote>

[QUOTE="theag, post: 674429, member: 9009"] Multiple streams of income. Currently my main income is from a single ecommerce store, but I still do some very steady consulting work on the side, which would cover my living expenses even if my business goes completely bust. So its good to have an in-demand skill, like ads management, coding, copywriting, product sourcing, amz listing optimization etc. Depending on your business you will likely pick up at least one of those on the way anyways, so doing some freelance work with it is not much of a reach. Planning to add more streams by diversifying products, sales channels, and at some point also industries/niches. Saving your money is obviously also helpful for rainy times. This article is pretty good: [URL]http://wallstreetplayboys.com/building-a-recession-proof-life-ten-steps/[/URL] [/QUOTE]

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