In this article we are going to explain the risk with single source income.
People who earned through tiktok are now sitting with zero income. Who would have thought tiktok will be banned suddenly. Lesson to learn here is, once you have good content and built your own user base, try to use other social media platforms and monetize it.
As a content owner, you have all the rights to distribute your content and list them in any platform. Film producers are releasing their movies through theaters, selling the rights to TVs, selling them to OTT platform such as Amazon, Netflix and some are even listing them in youtube!! If you are making videos and earnings through youtube, its high time that you many want to consider diversifying your portfolio to facebook, IGTV etc. Multiple income source helps to mitigate your risk.