Multiple sources of income versus the 80/20 rule

Multiple sources of income versus the 80/20 rule

Multiple sources of income versus the 80/20 rule by Jared Seah on February 12, 2012 Multiple sources of income Nowadays, you see everywhere people selling or talking about the concept of multiple sources of income. Interesting. I’ve never heard of this phrase 15 years ago. I guess it’s one of those flavour of the decade kind of thingy. This phrase – multiple sources of income – is a great sales hook to pull in customers and converts (sheep to the slaughter). I first heard this phrase during the Multi-Level Marketing (MLM) craze in Singapore. Remember it? Next were Options, Forex, Property, Land banking, and what have you. Even in cyberspace, “experts” were selling programs how you can earn extra sources of income through affiliated marketing, blogging, etc. Mind you, I have nothing against a side income or two. I myself have done it. But multiple sources of income? Pareto’...

Full article: http://thefinance.sg/2012/02/12/multiple-sources-of-incom...