Let's take a short look at Multiple Sources of Income and what they mean to you the Affiliate Marketer
You Have heard the term never put all your eggs in the same basket ? The same applies to your source of income , Traditionally a person would get a job and do that one job , that is his primary source of income , his paycheck for doing that job day in day out , for many that's absolutely fine , but as a Affiliate Marketer you broke that mold , your "Work" is a 24/7 business open 365 days a year , how you organize that time has an impact on how much you can earn with it, lets look at some pro's and cons
PRO's
MORE MONEY that would be the first plus point , the second is more job security , especially if your working for yourself , nobody is going to fire you or lay you off , third is diversity you can expand into different directions or add to your existing business , it is definitely easier to create several smaller income streams making money than developing one major stream , key here is to effectively organize your time (time management) and streamline your additional income sources to fit your already existing business , keep it to a few to start do not over expand as each source starts generating income consistently then add another , or if your satisfied with your earnings stick with them and build on them , Affiliate Marketing is a never ending learning experience , there are always things to learn and improve on
CON's
As with any business there are challenges that come with the territory when you add new income sources into your already existing business , Time management is extremely important , being able to balance sufficient time to work and complete tasks in each of your ventures so they can generate income effectively , that is why it is wise to start small , keep it to a few because it will become a balancing act , keep it organized , confusion is a serious detriment to your business , don't take on more than you can effectively manage
Conclusion
Despite some negative factors , the benefits of Multiple Income Sources outweigh the Con's , put some thought into it , if a sources doesn't produce you can always replace it with something else , that's the benefit of being your own Boss, don't start a bunch of different things and not follow thru, take them one at a time start to finish , wait until your seeing results before moving on to the next one , each one is a brick in the foundation of your business , if the brick is cracked replace it with a new one , using the best materials for building your business is imperative , in this case sources, offers ,affiliations,products, content, there many tools and resources available to help you get organized and started , you owe it to yourself to use them ,there is nothing more satisfying that building your own business and watching it grow as your making money from your efforts , as your business grows so does your income