What Is an Impact-Driven Business Model and How Can It Benefit You? | Entrepreneur

When we think about a diversified business model, it’s almost always followed by thoughts of multiple streams of income. Sounds wonderful. Wouldn’t we all love money coming in from many different sources? Better yet, let some of those sources be passive income streams and we can just sit back and watch the money roll in, right? It doesn’t exactly work like that, though.

If you’re like many entrepreneurs, you probably also spend a great deal of your time and energy on parts of your business that you intend on being future income streams that aren’t paying off quite yet. They may be efforts that aren’t currently bringing in the dough but are what you intend to be the future of your business and primary income sources.

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