Imagination generates multiple streams of internet income

As part of my book review on the Think and Grow Rich book, written by Napoleon Hill, today I want to discuss chapter six, imagination. In particular I am going to discuss how you can utilise synthetic imagination to generate multiple streams of internet income.

Synthetic imagination is when you create new opportunities from old concepts. It is called innovating rather than creating. Taking some known concepts, combining them and creating something new rather than creating something completely new from scratch.

When you relate this to the internet you can see that synthetic imagination is widely used. The internet is not new though when it was first created this was a good example of creative imagination, a completely new concept.

Innovate, Innovate and Innovate!

What is happening now is that people are combining the internet with tried and tested business approaches and are coming up with new opportunities. Innovation is a powerful approach to keep your business ahead of the competition.

It is always a vital way for you to generate multiple streams of internet income which is required to grow your business and keep it sustainable. Through innovation you are constantly identifying opportunities to promote to your customers and generate more revenue streams.

When I started as an internet entrepreneur I went through a large learning curve around my turnkey business opportunity, but also the internet as a whole. I soon became aware of not just the huge opportunity I have with my primary business but also the unlimited opportunities available on the internet.

Every day I receive information from different sources where I see people innovating on the internet. They are constantly building on other people's ideas, joining forces with other people to create more powerful opportunities that benefit everyone involved.

Always be on the outlook for ways to generate multiple streams of internet income

The key is to always be on the look out for different concepts, either in the normal business world or the internet world, where you can use your imagination to create something new that would provide you an opportunity to generate multiple streams of internet income.

The more revenue streams you have the more sustainable your business will be. Though you need to be careful that you do not lose focus on what are your core revenue streams. Keep vigilant on these core revenue streams but always look for potential add on opportunities that you can also offer your customers that would add value to them.

Today I have discussed chapter six on the importance of imagination from the Think and Grow Rich book, written by Napoleon Hill. Particular focus has been on how you can utilise synthetic imagination to generate multiple streams of internet income.

Synthetic imagination, which is another word for innovation, building on already known concepts, is widely utilised on the internet as ways to generate multiple streams of internet income.

People are constantly building on other people's ideas, joining forces with other people to create more powerful opportunities that benefit everyone involved. The more revenue streams you have the more sustainable your business will be, though you need to be careful that you do not lose focus on what are your core revenue streams.

Have a quick look at my video on this chapter where I provide you classic example of how innovation can turn a beer company around.

Mark Macdonald

Business Coach and Internet Entrepreneur

Blogsite: markmacdonaldblogsite.com

Email: mark.s.macdonald@gmail.com

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