Income stacking, james clear and 22 startup principles

Idea

Centralized income truly defined is you have one income stream, or one single point of failure. Such as if you work in a job and lose it like the 1-3 Americans who have during Covid-19.

Decentralized income means you are like a computer network, if a hacker gets to your one income stream (or a politician decides to deem you non-essential), you just revert to one of your backup servers. You are diversified in your income.

Most of us by now have heard the term Horizontal Income Streams or Passive Income. I like the term horizontal income because let’s be honest, there is no such as TRULY no work money. Passive income ain’t so passive. That said, it can be upfront work for continual pay. An asset you are generating income from on a reoccurring basis.

My term there is CREATE ONCE, SELL CONTINUOUSLY

One way to decentralize your income is to build an audience and have an email list.

Resource(s)

James Clear explains his writing and idea-generating process.

'Atomic Habits' Author James Clear: 'I'm Never Far From a Good Idea'

One bonus: The ultimate guide to being an idea machine: https://jamesaltucher.com/blog/the-ultimate-guide-for-becoming-an-idea-machine/

Cool Project(s)

1. Print Friendly & PDF

Print or Save any webpage as a PDF

Generate PDFs for archiving, sharing, or saving. PDFs include clickable links, and source URL so you can continue to interact.

https://www.printfriendly.com/

2. Omni: shortcuts for chrome

Supercharge Chrome with commands, shortcuts, and more

With Omni you can use Chrome like a pro. Manage tabs, bookmarks, your browser history, perform all sorts of actions and more with a simple command interface.

https://chrome.google.com/webstore/detail/omni-bookmark-history-tab/mapjgeachilmcbbokkgcbgpbakaaeehi?hl=en&authuser=0

One creator

Danny Miranda

Host of The Danny Miranda Podcast. Sharing on how to become the best version of yourself. Best episode:

Inside The Mind of Gary Vee | The Danny Miranda Podcast #039

Gary Vaynerchuk is an entrepreneur and media mogul.He’s also been a personal mentor from afar for the past decade. In this episode, we spoke about how Gary c…

www.youtube.com

Updates

1. Launched Podfinder: Tinder for podcasts. Check us out at https://typedream.site/podfinder

2. Broke down @naval’s rise on Twitter

🦄 Veer Dosi @veerdosi

Breaking down @naval's rise on Twitter

What Next?

1. Putting out one thread every 3 days

2. Podcasting consistently