Start Creating Multiple Streams of Income

I say start, because this can be a long tedious process. You have to start somewhere and some time. Now is as good of a time as any.

Chances are that you already have some form of income. How do you start creating multiple streams of income?

1. Associated Content and Helium are good places to start. The articles you write on these sites will continue to earn performance payments. So, not only will you earn when you write, but you will also be creating passive income.
2. Start writing a blog. Starting early will give you time to slowly build up your blog or blogs. If you later decide to monetize your blog you will already have content rich blogs and the process will be easier and more profitable.
3. Social Networking. Joining social networking sites, such as myspace, twitter, and mylot will put you in contact with others who are trying to make some money through freelancing. Find out what they are doing to make money. The friends you meet will also likely be some of your traffic to your articles and blogs.
4. Find other freelance gigs. Once you have some friends, some passive income, and an idea of what kind of writing you want to do it is time to find some other writing gigs. You can find many links to freelance boards in my side bar. You can also explore other areas such as magazines and newspapers.