In a recent episode of the Profitable Musician Show, host Bree Noble delves into an intriguing topic: the dangers of having too many income streams. This might seem surprising coming from someone who has long advocated for exploring multiple income sources, having previously introduced the “39 Little Known Income Streams for Musicians.” Bree shares, “I very clearly say in the email that follows it, don’t try to do all of them. In fact, don’t even try to do more than three.” She emphasizes focusing on one or two streams to master and solidify, saying, “You need to be able to go deep in one or two things to really get that solid.”
Bree discusses the mental and physical strain of handling numerous income sources, pointing out, “If I’m running five businesses, I’m not going to do any of them well unless I have really good systems in place.” She warns against the temptation of escaping to another income stream when one becomes challenging, highlighting, “Everything that we do takes a lot of effort, and to get it over that hump where it’s actually successful, you got to put a lot of work into it.”
Moreover, Bree stresses the importance of becoming known for one thing, asserting that dedicating a year to one stream can help create a name for yourself in that area. She shares, “There just something to be said with that, like how many hours you put into it and the consistency that you put into it.”
For musicians and entrepreneurs, her advice is clear: focus deeply on a few avenues rather than spreading yourself too thin. Bree invites listeners to reflect on their journey and reach out with their experiences, saying, “If you’ve done that, I would love to hear about it. Definitely let me know.” So, if you’re navigating the world of multiple income streams, Bree’s insights are indeed valuable for building a sustainable and focused career path.
