7. They have multiple sources of incomes
Self-made millionaires do not rely on a single source of revenue. Instead, they develop multiple streams.
Corley points out that “Sixty-five percent had three or more streams of income that they created over time." Moreover, “diversifying your sources of income allows you to weather the economic downturns that always occur in life.”
The primary revenue streams include real estate, stock market investments, private equity investments, ownership in side-businesses, and royalties.
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