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Secondary and Backup Sources of Income

In business you need to be careful, diversify, and not put all your eggs in one basket. For that reason you must actively create a secondary source of income. This will be very important if your current business or job ever fails your or for whatever reason must be ended. A backup source of income is also important. This is a backup plan or a fall back plan. Whether for businesses or for personal jobs these are two very important parts of life.

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