80. Diversifying your TPT Business Without Jeopardizing the Golden Goose

The Savvy Seller with Kristen Doyle

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Over the last year, I’ve received many questions about how to diversify your TPT business. Diversification can seem like a big business word, but it just means not putting all your eggs in one basket.
Before discussing diversifying, I want to be clear that diversifying aims not to replace your TPT income but to add additional income streams to your business. We never want to jeopardize our Golden Goose (aka your TPT store!) to start a new income stream.
In today’s episode, you’ll learn why diversification is so important in business, the three different types of diversification, how to ensure you never jeopardize the golden goose, and the various options for diversifying your TPT business.
Stay tuned for future episodes in the diversification series to hear from TPT Sellers who successfully diversify their TPT business while protecting their Golden Goose.
02:29 - Why diversification is so important in business
03:51 - The three different types of diversification
05:34 - How to ensure you never jeopardize your golden goose
08:25 - The different options for diversifying your TPT business
Resources:

• Episode 23, 6 things to consider before opening a Website Store | Selling on your site
• Episode 28, 23 TPT Seller Tips for 2023
• Follow me on Instagram @kristendoyle.co
• Join my private Facebook community: Savvy Teacher Sellers
• More resources for growing your TPT business
• Rate & review The Savvy Teacher Seller on Apple Podcasts

Show Notes: https://kristendoyle.co/episode80

Check out my Everything Page at https://kristendoyle.co/everything