There’s a common misconception that entrepreneurs have to be risk takers but, in reality, there are many ways to diversify your income stream to help manage risk. Dorie Clark joins us on the show to explain why and how you should be branching out and monetizing in different ways. She goes over what makes monetization sustainable as well as where you should start that will be low risk and highly effective.
Dorie mentions many ways to monetize your expertise but also warns that you need to add these thoughtfully and not all at once. It’s easy to bite off more than you can chew if you try to do too much all at once so she makes it clear how you should pick which methods work best for you and your business and how to focus on just those ones. Dorie also discusses how she started out, what worked for her and other successful entrepreneurs as well as the importance of really getting to know your clients to ensure that you deliver products they really want.