Fall Microtips XIV
A series of tips to help you manage your digital assets
Track Your Digital Income Streams
If your income is flowing in from multiple sources, perhaps it’s time to put those waterfalls into a landscape (thinking like a painter here). See the big picture, you know? It’s not difficult, and you might have already made a stab at defining all your income streams. Three reasons to become serious about that effort include:
You are a sole proprietor. Organization is key to keeping your business straight.
You are growing, and you now need to find an accountant.
You are growing, and you may need to hire more help.
Try this:
☐ Make a simple spreadsheet of all income sources (Etsy, Substack, affiliates, etc.).
☐ Add average monthly amounts next to each.
☐ Highlight your top earners and least profitable ones.
☐ Set reminders to review and update quarterly.
Important: If you sell the same merchandise across all platforms, this categorization is essential; are you wasting your time and effort on any given platform?
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