April 23, 2025
Can you build wealth by creating multiple streams of income?
Not exactly.
But I hear this advice all the time.
Like diversification is the path to building wealth…
People who have $10k, $30k, or even $100k to their name, and want to invest in 5 different asset classes, all at once:
- Real estate
- Crypto
- Stocks
- Private equity
- Bonds
That’s WAY TOO EARLY!
And, I get it.
The idea of multiple income streams sounds good in theory.
But before you go all-in on that idea, let’s think about how a real stream actually works.
Where does a real stream come from?
It flows from a BIG RIVER.
A massive body of water that’s overflowing.
The problem is people want to create income streams BEFORE building their BIG river.
They think little puddles or small streams are going to help them build wealth.
You need to focus on building your RIVER first.
For most of our clients, that RIVER represents ONE significant business they founded and built.
One that can generate consistent cash flow and scale.
That’s where they focus all their energy.
It’s only after they’ve built something substantial…
Typically an 8-figure business, sometimes even 9…
That they start thinking about diversification.
That’s when you can start creating legitimate streams of passive income.
So here’s my advice:
Focus on building your “BIG river” FIRST.
Get to at least 7-figures in your investment accounts before thinking about widespread diversification.
Then, and only then, start creating your streams.
Focus on growth first.
Remember: Rivers first. Streams second.
To your ELEVATED success,
Chad
Disclaimer: This content is for information purposes only and does not constitute personal financial advice. Always consult a licensed financial advisor before making any financial decisions. We are not liable for any actions taken based on this content.
P.S. If you’re an entrepreneur with $25M or more in liquidity and want to make your money work even harder for you–set up a call with my team, and let’s explore new ways to make that happen.
