So, let's start at the beginning because on a basic level, we've already discussed the two main types of income streams, Active and Passive. Active Income is income earned by actively putting forth effort to create income while Passive Income is the income you earn in your sleep.

Many of us are already hustling and bringing in a second stream of income, whether we realize it or not. Did you know 4 in 10 Americans have a side hustle or a source of income that is outside of their standard paycheck? Now you're wondering - what are the benefits to having multiple streams of income? Well, I'm here to share my three favorite reasons why people are gravitating towards having various streams of income, and I'll share a video explaining my multiple streams covering how I'm expanding my Kingdom.

1. Potential for More Financial Security
   Multiple streams of income make you feel more secure in your finances. Your day job may pay your bills, but if you are already on a tight budget and ready to...

Today we are going to be talking about how to launch a business for your Kingdom, and how to choose an entity type for that business. So first things first, what are the different options?

Sole proprietorship: A sole proprietorship could be right for you if you want to run a small-ish operation, with a few employees or contractors. For this type of business, you need to be comfortable making 100% of the business decisions.

+ there is no legal paperwork involved (apart from local licenses/permits)

- It can be hard to get financing since banks and investors see a sole proprietorship as a risky business entity.

Partnerships: If you or your industry thrive better in a creative and collaborative environment, a partnership might be the right type of business for you. Popular examples of partnerships include law firms, bars and restaurants, creative agencies, and family businesses.

+/- Partners equally share all costs, debts, and losses (except in limited partnerships)

C...