It's Never Too Late to Diversify Your Income Streams: Insights from Bryan Magee

Discover how to diversify your income streams and transform your business in the digital age, inspired by Bryan Magee’s unique approach to financial independence.

Welcome to this week’s edition of The Small Business Corner newsletter!

Bryan Magee's Unconventional Career

Bryan Magee (1930 - 2019) was a philosopher, broadcaster, politician, and writer.

In order to pursue his wide-ranging interests, he decided he did not want a traditional career.

a sketch of bryan magee
A sketch of Bryan Magee

"A question I had to face immediately was that of earning my living. And here I ran up against a problem. I did not want a career in the normal sense at all."

To solve the money problem, he decided to create a portfolio of small bets, diversifying his income.

He made enough money doing part-time teaching and working in television and dedicated six months to writing and politics.

With time, it dawned on him that all he wanted was to be making enough so as to enjoy life in London, buy a lot of books, attend concerts, and travel abroad.

"And it was essential for me to combine these activities with devoting most of my time to work of my own choosing."

Magee was able to do that before the internet. In the digital age, the opportunities are endless to pursue your interests and start a thriving business, diversifying your income streams.

Quote of the Week

“When you focus on solving problems or on making a difference, passion may follow, because you’re actually involved in the work you’re doing instead of just dreaming that you might be passionate about something.”

Paul Jarvis, Company of One: Why Staying Small is the Next Big Thing for Business

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Podcast Episode of the Week

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As the name suggests, The Small Business Corner focuses on starting, managing, and running a small business. Hosted by the Xiva team, we also develop an app that simplifies business management and payments for small businesses and the self-employed. Here, you will find articles on managing and marketing a business, industry updates, tech trends, and in-depth analyses of lifestyle design, work-life balance, and small business communities. Join us as we support each other in learning and growth.

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