I believe the term was coined by the illustrious Barbara Winter, and I have finally come to love the concept and how it applies to my experiments in lifestyle design.
You see, generally speaking, most people in lifestyle design genre talk about creating passive income, or auto-pilot income to support their lifestyle design life.
I wrote about my epiphany on passive income just the other day, and then yesterday, I was awakened to the possibilities of Multiple profit centers. I mean really awakened.
Consider this. You are working at a job that just happens to be a job that you have. How you got there, or whether you love it or hate it is irrelevant. You make a certain amount of money doing that. Consider that to be your profit center #1.
I happen to be Joyfully Jobless, another Barbara Winter term. I twist balloons for profit and fun, and I do that seven days a week (or however many days I want in a given week). I normally work around 35 hours a week, usually less, occasionally more. I make a comfortable living doing that.
But it’s not a living that I want to make, it’s a life that I want to create. A life of Delight and Fun, which I do experience in my work, no doubt about that. But I want more. More in the sense of being able to travel, do some photography, take flying lessons, just goof around, and sleep… a lot.
But working seven days a week gets in the way of doing some of the things, like traveling and taking time off. I do get to sleep plenty, though.
They call me lazy. Guilty as charged.
Who says laziness is a vice? I consider it a virtue. I mean look around in Nature. You don’t don’t see the grass sweat trying to grow. It sweats being lazy, and we call it dew. Contrary to the motivational poster, a gazelle and a lion do not hit the ground running as the sun rises. Gazelles just lazily grazes the grass, and the lions mostly lay around. Just lay back and chill. When hungry, the lion will stalk the herd, and upon spotting an opportunity, charge. After satisfying the hunger, it will leave the rest of the kill for the scavengers and lay around until hungry again. That’s the way Nature operates.
Ambition is for the losers, if you ask me. Aspiration is the natural tendency, but I digress.
Well, I thought about creating some passive income. You know, the kind where you make money in your sleep? Guess what I found out? Most people making money in their sleep are working like crazy when they’re not sleeping. Not my definition of passive income.
But, what if I have Multiple Profit Centers?
Then I could be working on one of them, or none of them, and all of them would be making profits, allowing me to take time off when I want. Now, there is an idea to get excited about. So I have decided to explore different venues to create multiple profit centers.
I could network with other balloon artists and help them find work for a fee.
I can possibly do the same with face painters and clowns and magicians.
I could write a book about twisting balloons and sell it from this blog and other websites.
I could start teaching classes on Twisting Balloons for Profit and Fun.
I could record those classes, and sell the recordings online, and offline.
Possibilities are endless and I am getting excited about this idea of Multiple Profit Centers.
Stay tuned as I make progress with this concept and I’ll share my findings with you.
One of the things I have found is that my friend Karol Gajda is releasing an e-book titled How to live anywhere on Tue, June 8th that teaches us what he has learned over the last 10+ years about just that. I had the privilege of reading the beta version, and it is awesome. Click here to visit Karol Gajda.