Very Dangerous… « The Blog of Matthew Loop

Very Dangerous…

In today’s bizarre environment, it’s very dangerous to only have one stream of income. Here’s a prime example. In the last year, I’ve had many business owners tell me a similar story to this one. A chiropractor gets a call from the local health department and tells them that one of their patients has Corona. So, they recommend closing the office for 10-14 days. The doctor complies then quarantines at home for the time period.

Has this happened to you? If not, what would you do if it did?

If you had a client or customer contract this virus with all of the hysteria at the moment, this could definitely be some bad press for your business. That may then lead to negative reviews, which would have a dramatic impact on your bottom line.

Not only that you might just be FORCED to close the doors for a couple weeks. How would your livelihood be affected? Could you go a long time without any new income rolling in?

Here’s why I’m even talking about this.

It’s so risky to have just one source of income in today’s time. This last year proves it.

I love helping doctors and business owners grow their brick and mortar locations BUT it’s also super important to plan for the future, in the event you cannot be in business any longer. What we are dealing with now should drive this point home more than ever.

It’s not all doom and gloom, though. You have options AND immense power at your fingertips. For the last 16 years I’ve been teaching people how to create additional “Internet based” income streams on top of their current jobs or businesses.

These include things like:

– Selling physical products on Amazon
– Creating online courses that are digitally delivered
– Offering virtual coaching programs
– Building and marketing software
– Publishing, launching, and marketing a best selling book
– Launching an iPhone or Android app
– Learning affiliate marketing
– Buying businesses that are already making money
– And the list goes on

From what I’ve witnessed, these types online ventures are recession proof. Not only that but it’s a great way to DIVERSIFY your income. Ideally, you want your finances set up like the Parthenon. If one pillar goes down you still have multiple others supporting the overall structure.

Traditionally, I’ve taught these strategies in three places.

One, at the seminars I host. The Caribbean Adventure Mastermind in Fort Lauderdale is the next event. This takes place at the end of April. You can learn more at

The other event is the Social Media Revenue Summit here in Atlanta. This year it happens on August 21st. Public registration opens up soon. You can learn more at


Two, in my private coaching program where I work with you personally, walking you step by step through the process. This is where we are on Zoom for 12 sessions. The trainings are recorded and I help you get profitable fast. You can learn more about the Insider VIP private coaching at this link.

If working with me one on one interests you then complete the application and follow the instructions to see if we’re a good fit.

I’ll pull back the curtain and show you how I’ve been able to use the Internet to create security, freedom, and sustainable financial growth. More importantly, you’ll discover how you can do the same thing.


Three, inside the Internet Income Club online course. This training comes with 70+ video tutorials that walk you step-by-step through selling on Amazon, affiliate marketing, consulting, telemedicine, creating/launching online courses, launching a best selling book, and buying businesses that are already making good money.

I even go live in our private Facebook group periodically so I can answer your questions to keep you moving forward.

You’ll even get to see several expert presentations from people who are doing 7 and 8 figures on the Internet and what they’re doing to generate traffic and sales.

You can register for the IIC training here.


Regardless of what you choose to do, prepare yourself and your family. Don’t get caught off guard again. People are spending money online more than ever on products and services that bring them value.

Read that last sentence again.

If you are serious about creating an additional stream of income on top of your practice, we should talk. You’re never too old to learn a new skill set either. Knowing how to start and grow an Internet based business can pay you handsomely for years and years to come.

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Related Blog Posts:

Post COVID-19 Small Business Trends

Never Give Up On A Dream (Matthew Loop’s Story)

4 Business Growth Tips for Introverts

The Social Media Revenue Summit (highlights)

About the Author

Matthew Loop is an author, speaker, investor, philanthropist, and the highest paid social media revenue strategist in North America. He helps brands, startups, and small business owners multiply their influence, impact, and income by harnessing the power of the Internet. Since 2005 he’s trained over 21,000 clients in 25 countries. Millions have viewed his free business growth tutorials online. Connect with him on FacebookInstagram, and Twitter.


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