Let me paint a picture of a scenario we’ve all probably heard of or been a part of at one point or another when hanging out with friends or a group of people:

“Let’s make a website or start a blog! We’ll cover the entire site with Adsense, and just wait for the money to start rolling in!”

You tell your other friends and family about it, hoping to get a few clicks here and there – which by the way, I would highly advise against, seeing as Google’s Terms Of Service don’t allow it!

But you push your luck anyway, and yes! You made a dollar! You can almost smell the money coming in! The next day, week, and month go by and you find that the money just isn’t racking up as you expected.

So, your first mistake was obviously taking the “shot in the dark” approach to making money on the internet, but the bigger mistake was relying only on Adsense to cover those startup costs and any expenses you might spend while online.

What’s your backup plan if Google suddenly bans your account for those fraudulent clicks? You’ll be stuck and probably wasting more time while waiting for approval from an alternative advertising solution. You should really be concerned about this because it means no revenue for that entire time, and I’m willing to bet that ‘no profit and no growth’ wasn’t the game you had in mind to play when you first started, right?

So, what’s the solution? You need to diversify your income! Let’s replay that scenario again but with a different perspective. Now imagine that your same website is not only set up with Adsense, but you also have Text Link Ads or any other text link solution serving as an extra income stream. At least now if you get banned by Google, you still have your text link advertising solution in place to fall back on. This will help prevent you from losing revenue and profit to help grow your business.

The term “income stream” is a pretty popular word on the internet, but in the real world, it’s even more important. Having that extra money to fall back on that you’ve created from another source will surely help get you out of a tight situation, and can also increase a considerable amount over a few months or years. Who doesn’t want a little extra money in their pockets, huh?

If you were to surf the internet right now, you’d find so many examples of things people use to profit and use to their advantage to help increase their chances of conversions and sales. The following is a list of things most of the top bloggers out there use to maximize their profits and potential for sales.

1. Using Google Adsense to provide visitors or readers of your blog a “1-click exit option”, or a chance to go to a page that interests them, and that is associated with that specific article.

2. Using affiliate links in your sidebar or anywhere else on your site will definitely help increase profits, especially if those links are to high-priced products that you know your readers or visitors would be interested in.

3. Using extra features like Adbrite, which is another text link solution that handles the processing of payments, links your website, and more. You just have to paste a specific piece of code on your site and you’re good to go. Here is a list of other text link solution providers that offer services like this as well, so go ahead and check them out to see which one suits you best.

4. Finally, and probably my absolute favorite option is to set up your own e-course on your website that provides true value to your customers. I’m actually in the middle of preparing courses and an entire member’s area dedicated to helping solo entrepreneurs and like-minded business owners learn how to tap into their own knowledge and skills and develop that into their own brand or online business. Selling these kinds of courses or providing memberships to exclusive content that you can help improve people’s lives with is certainly a great way to start building an extra income stream.

Hopefully, by now, you’re sold on how important diversifying your income is, and as you can see there are so many ingenious ways to help you do that. Explore the different options and see what else is out there that might work for you and your niche. I personally use Bidvertiser along with Adsense, and suggest you check them out. You might even be able to benefit from their affiliate programs!

Here’s to your success and achieving great things…