Comments on: My Tenth Revenue Stream Is “Miscellaneous Revenue” http://www.jibberjobber.com/blog/2009/03/06/my-tenth-revenue-stream-is-miscellaneous-revenue/ advocacy for the job seeker Fri, 19 Mar 2010 00:01:02 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Michael Lyle http://www.jibberjobber.com/blog/2009/03/06/my-tenth-revenue-stream-is-miscellaneous-revenue/comment-page-1/#comment-411989 Michael Lyle Thu, 23 Jul 2009 15:42:27 +0000 http://www.jibberjobber.com/blog/?p=2276#comment-411989 Jason, I totally agree with your ideas and success with diversifying your income streams! I have been in pharmaceutical sales for over 12 years now and have witnessed how having all of your eggs in one basket is not as secure as diversifying. With the changes in my industry, a lay-off is only a voice-mail away. That can quickly be devastating to your financial situation, as well as compound the issues you might be dealing with in your personal life. I am lucky that I have a wife that is being extremely supportive, in my journey to find a new career path, and is able to increase her income by independent contracting with additional clients. Just like in sales, it is nice to have a broad base of good clients that you can work to make better rather than one great client that can go away overnight and leave you with nothing. An example would be in Real Estate Title Sales, that happened to a friend of mine when the mortgage crisis hit. Tough times! I was surprised to see that you do not get more of a revenue stream from either your affiliates or advertising. I might be the odd customer when I buy books, amazingly mostly from Amazon, but 90% of the time I take a look at the option to "see what other people purchased." I'm not very up to date on how the affiliate system works but, I would expect you to make much more than $83/month from Amazon. Simply due to the number of people who have either bought your book from them or have ended up on their website by looking at your book, I would think that would be a larger stream of income. As far as advertising revenue, just looking at this blog, there is a lot of available space on the right hand side. You wouldn't have to fill the entire site by "putting a bunch of affiliate bling all over." But, by simply adding a few additional advertisers, you could fill some space and make the page have a little more "pop." By looking at the links you have on the left, I'm sure some of those folks would be willing to pay a little cash or a little more cash, to be more prominent or inviting on this website. I understand that you are trying to give back to the folks like me who have, unfortunately, had an unexpected career realignment and I hold you in "very high regard" for that help! But, there is no reason that you should not be "rewarded" monetarily for allowing access to other sites in order for them to make some cash too! Just some thoughts... Thanks. Jason,
I totally agree with your ideas and success with diversifying your income streams! I have been in pharmaceutical sales for over 12 years now and have witnessed how having all of your eggs in one basket is not as secure as diversifying. With the changes in my industry, a lay-off is only a voice-mail away. That can quickly be devastating to your financial situation, as well as compound the issues you might be dealing with in your personal life. I am lucky that I have a wife that is being extremely supportive, in my journey to find a new career path, and is able to increase her income by independent contracting with additional clients. Just like in sales, it is nice to have a broad base of good clients that you can work to make better rather than one great client that can go away overnight and leave you with nothing. An example would be in Real Estate Title Sales, that happened to a friend of mine when the mortgage crisis hit. Tough times!

I was surprised to see that you do not get more of a revenue stream from either your affiliates or advertising. I might be the odd customer when I buy books, amazingly mostly from Amazon, but 90% of the time I take a look at the option to “see what other people purchased.” I’m not very up to date on how the affiliate system works but, I would expect you to make much more than $83/month from Amazon. Simply due to the number of people who have either bought your book from them or have ended up on their website by looking at your book, I would think that would be a larger stream of income.

As far as advertising revenue, just looking at this blog, there is a lot of available space on the right hand side. You wouldn’t have to fill the entire site by “putting a bunch of affiliate bling all over.” But, by simply adding a few additional advertisers, you could fill some space and make the page have a little more “pop.” By looking at the links you have on the left, I’m sure some of those folks would be willing to pay a little cash or a little more cash, to be more prominent or inviting on this website. I understand that you are trying to give back to the folks like me who have, unfortunately, had an unexpected career realignment and I hold you in “very high regard” for that help! But, there is no reason that you should not be “rewarded” monetarily for allowing access to other sites in order for them to make some cash too!

Just some thoughts… Thanks.

]]>