I'm working on this 'Portfolio' approach at the moment. Slowly, because I'm choosing to keep my main income fairly high which means it warrants more of my time.

I'm working on this 'Portfolio' approach at the moment. Slowly, because I'm choosing to keep my main income fairly high which means it warrants more of my time. Current income sources: - Primary business, working as a business coach/consultant. Affords us a fairly decent level of life, but I cap my income (well, time) to focus on other streams because consulting income is only ever as good as next month - Investment properties - 1 tenanted at present, with some plans to do the same with our current house. This is in Australia - both would be negatively geared, meaning they 'lose income money' every year (costs>revenue) but that's made up in capital growth. I originally thought property would be my primary wealth vehicle, but then got into business - I have one live profit share arrangement with another business I helped build, where I get x% of revenue for a period of time. Nothing awesome, but a valuable experience and some 'free' income each month - With my newest consulting brand, I plan to build on online membership knowledge base. Working on the structure and product/market fit right now. - There's another company I'm actively working on, with the same membership model in place. Both of the final two are 'proofs of concept' for me - learning by doing. I believe my current business skill set lends itself to creating the brand and product for this business model, so I want to add experience with the online platforms and channels to round it out. If I can get that combination humming, there's nothing stopping me partnering up with subject matter experts to create a few similar business each year. Each that work might only be mid-6 figure pa businesses and I'd have a minority stake, but you don't need too many like that in your portfolio to have the financial independence you're describing.