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Cash Flows Down Rivers: A Business Lesson in a Stream

colderice
Written by John Comments
Last Updated August 4, 2009

This video is about streams. Sounds nuts? Well, you got to play it once or twice in order to squeeze the juice out of it. It is one of those videos inspired by a natural occurrence which appears to be a perfect representation of the do’s and don’ts in business. This one is about a stream in my property; a stream from which a big river acquires benefits from. 

MY STREAM

Who would want to claim ownership of a stream that does not really give direct profits? — Probably no one. Well, that is an exaggeration, because I do. After some time, I’ve finally come to realize how this stream feeds a big river in our locality. Then, I’ve come to a turning point— a business lesson learned from it.

LESSON IN BUSINESS— MULTIPLE STREAMS OF INCOME

The key to making it big in any life endeavor is consistency. In business context, this equates to a constant source of income. How can this be achieved? – Simply by keeping multiple sources of income. Similar to what the streams do, sources of income need not be superb money makers; they can supply relatively small profitable amounts just like what a stream does for a mother river. Needless to say, all that is needed is to have at least most of them function to keep the profits flowing. Lesson learned? Have several good items in your business network to work for you. This way, even if a beaver ‘infects’ a stream or a source, operations won’t be hampered and income will still be available for use.

WHAT TO DO?

I can’t tell you what to do. Just try to see things in a different perspective. Will you rather have a huge source of income that can fluctuate anytime or various sources that can support each other during rough times? I’ll leave this for you to answer. Just keep in mind, however, that multiple streams of income simply read stability.

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  • Janine
    After viewing your multiple streams of income video, not only did I learn a few things for myself (great advice, btw), but I was also reminded of a few different online transactions over the course of this year that went sour---transactions where I was the buyer.

    I'll spare you the details, except to say, the main contributing factor for these transactions going sour were due in large part that the sellers had spread themselves too thin out here. After doing a little research on various selling venues, I discovered these particular sellers all had one thing in common. They were selling on as many as 6 to 8 different sites and it was obvious that they couldn't keep up with it.

    Attaining multiple streams to feed into your river of income, also comes with the responsibility that you make the commitment to get it right. I know you and your readers get this but, sadly, there some sellers out here that need a lesson on managing how to accomplish this.
  • If eBay is like the Mississippi and all of e-commerce is the Gulf of Mexico, we are certainly at the muddy delta stage. We are at the end where the flow starts to slow down and spread out into great splinters.

    From ReadWriteWeb: Could Real Time Information Be An Unfair Advantage? http://www.readwriteweb.com/archives/could_real...

    Now U.S. Senator Charles E. Schumer (D-NY) has sent a letter to the SEC this week, calling for action to be taken against the practice of flash trading in particular, the act of selling for a fee access to trading information milliseconds before it is otherwise available. He argues that the practice "creates a two-tiered system where a privileged group of insiders receives preferential treatment, depriving others of a fair price for their transactions. If allowed to continue, these practices will undermine the confidence of ordinary investors, and drive them away from our capital markets."

    /quote

    I can't help to think that Schumer's statement from the paragraph above could also be applied to ebay diamond sellers. Undermining confidence of the whole by a select few, all the while we are stuck in the river's mud.
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