As much I would say it is always a good decision to focus on just one thing, there is beauty in multiple streams of income if you know how to go about. You don’t have to branch out of your field, all you have to do is go into sub areas or fields very closely related to yours.

For example if you are a musician, a very popular one, it would be wise to cash in on your fame and start off something a lot of your fans would easily part away with there money to be involved in. For example, a rapper starting off a clothing line that fits what the demo-graph that listen to him wear. This way, he is making from him being a rapper, and still cashing in on his popularity by selling wears to his fans; now tell me that is not wise?

In the example above, the rapper does not have to know anything about clothing business, and marketing wears, he would have experts do all the work for him, this way he is not going to loose focus in anyway when it comes to his music. Continue reading »