Want to know the secrets to building financial freedom and turning your side hustle dreams into reality? In this inspiration packed episode of The Amberly Lago Show, Amberly welcomes entrepreneur, author, and small business expert Malik "Mr. Multi-Streams" Mack, who shares his proven roadmap to creating multiple income streams and achieving your financial goals. As the author of "101 Side Hustle, Small Businesses and Income Streams: A Guide to Financial Freedom," Malik Mack brings a wealth of knowledge from his own entrepreneurial journey, starting with selling bubble gum in middle school to launching successful businesses and helping others do the same.

Malik reveals actionable tips and mindset strategies for anyone looking to pay off debt, supplement their income, or launch a business they've always dreamed about. Discover how to understand the numbers behind your business ideas, avoid common side hustle mistakes, and harness practical steps to balance your 9-to-5 with your entrepreneurial ambitions. Malik also discusses how to identify your ideal target audience, tools for getting started (including leveraging AI!), and why being intentional with your time is critical for success.

Whether you're a nine-to-fiver, aspiring entrepreneur, or even a seasoned solopreneur, this episode is your go-to guide for starting a profitable side hustle and achieving financial independence!

 

They Discuss:

• Building Multiple Streams of Income

• Importance of Understanding Your Numbers

• Intentionality and Time Management for Side Hustles

• Turning Side Hustles into Businesses

• Passion and Purpose in Entrepreneurship

• Learning from Mistakes and Adaptability

• Balancing Work, Life, and Self-Care

 

Timestamps:

00:00 "Entrepreneurial Success Guide"

03:17 Middle School Bubblegum Entrepreneur

09:22 From CD Sales to Tech Support

12:43 Diversify Income Streams

16:29 "Importance of Understanding Numbers"

18:24 "Event Costs and Perceptions"

20:40 "Understanding and Planning by Numbers"

25:37 Finding the Right Market Balance

30:05 "Intentional Information Browsing"

34:54 Prioritize and Find Time Gaps

38:13 "Prioritize Personal Goals"

45:51 "When to Quit Your Day Job"

50:05 "Divine Travel Pause"

51:48 "Divine Inspiration Completes My Book"

55:24 "Side Hustle Book & Workbook"

 

About Malik:

Malik "Mr. Multi-Streams" Mack is a serial entrepreneur, author, and speaker who makes the concept of multiple income streams simple and accessible for everyday people. As the founder of Mack Interactive, a digital marketing and branding agency in Los Angeles, he helps businesses and nonprofits grow through innovative strategies and AI-driven tools. Malik is also the author of 101 Side Hustles, Small Businesses & Income Streams, a resource for entrepreneurs looking to create more freedom and flexibility in their lives. Known for his authentic storytelling and practical wisdom, Malik empowers audiences to build businesses that align with their purpose and their communities.

 

To Connect With Malik:

Website: https://www.mrmultistreams.com/

Instagram: https://www.instagram.com/malik_mrmultistreams_mack/#

Get the book: https://www.101shsbis.com

To Connect With Amberly:

Instagram: https://www.instagram.com/amberlylagomotivation/

Coaching Program: https://go.amberlylago.com/

Website: https://amberlylago.com/

Joy Through the Journey: Get the book on Amazon

Listen to "The Amberly Lago Show": https://amberlylago.com/podcast/

 

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