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Making an income online can't be beaten in terms of the low cost of doing business and the benefits of working from home and being your own boss. Your income can however be unpredictable and sometimes the program that worked for you great last month fails to perform this month. Read on for five great tips on how to diversify your online business so your income stream is more predictable. 1. Find more affiliates. If most of your income is from one affiliate then deliberately go and find that affiliate's competitors. If that affiliate program suddenly changes you don't want them to affect your entire income. 2. If most of your income comes from one website - build more websites. Being dependent on one website means that if anything goes wrong e.g. your hosting provider becomes unreliable or a competitor reports you to Google - there goes your entire income - have more websites. 3. Use more than one host. Along the same lines - if you have issues with one host - don't let it effect your entire online empire - get another hosting account. 4. If you are entirely dependent on paid traffic - diversify, learn SEO and you will get traffic for free. 5. If your websites are just not producing consider doing some online consulting or freelance work to help pay the bills. Making a living online can be tough - its an ever changing business with some cut-throat competition. You need to stay ahead of the game and diversification is key to building a long time business - be careful out there!
Lis Sowerbutts started her Legitimate Online Businesses website to help beginners learn the basics of building residual income online using niche websites.
Article Source: http://EzineArticles.com/?expert=Lis_Sowerbutts
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