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Personal Finance
Creating a new stream of income
Factors to consider before taking an extra stream of income
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[QUOTE="moonchild, post: 9352, member: 393"] Time is the most important factor to consider, that is why in most of my threads I advocate for testing out a business idea or side business before committing full time, when you test services, products before diving in you save yourself from a lot of headache, but most people do not listen, they just get into a business and hope that they will make it in a night or because someone is making a killing in it, they have to make a killing with it, which is really a foul way to think. When you put in time in your business make sure it is for testing the idea only, anything out of that is probably a waste of time, when you get a working model then you can go all in, if not you'll be wasting your time without achieving anything tangible for yourself. Apart from time, any other reason is manageable. [/QUOTE]
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Factors to consider before taking an extra stream of income
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