This couple's 8 income streams bring in over $3 million per year: 'It all started with side hustles'—here's their best advice

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This couple's 8 income streams bring in over $3 million per year: 'It all started with side hustles'—here's their best advice. (via CNBCMakeIt)

As a married couple, one of the most rewarding accomplishments of starting ourwas the ability to eventually step away from our 9-to-5 jobs. Now we get to focus on things that are important to us, such as spending time with our kids, traveling and giving back.

We currently have a total of eight income streams that altogether generate 7-figures a year. Two of them are passive income streams through our rental properties in Wisconsin. Most recently, we co-wrote a book called When deciding whether or not a task needs to be done by you, someone else, or anyone at all, ask yourself:If this task needs to be done, can you delegate it?

With every business we worked on, these were all things we had to plan for. The sales you make are not the same as your profits .Once you create "enough" revenue, you don't necessarily have to reinvest all your profits into generating more sales. If you have a humble personal budget and manage your finances well, you might be able to live off less than $70,000 per year. Over time, you can build up some savings and start or invest in another business.4. Overpricing initially and not raising prices once you've established your brand

 

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MakeIt Please stop promoting this crap. Most people can’t do this and hustle culture is toxic. Work will always be There, lets stop glorifying workaholics

MakeIt 😮

MakeIt I'm definitely adding more $AWO to my portfolio. AIWorkBC uses their community driven method to solve the issues of inconsistent metadata and centralization with ease.

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