This single step vs multi step income statement (SSIS) is an idea that many people have, because it seems so simple. If you want to know what a single step is, that comes from a job where you have to track your income and pay your bills, which makes it different from a multi step.
A multi step is a single step that’s broken into parts. In the case of SSIS, the way to break it down is by identifying the different steps, which are usually very granular in terms of how much income you make. If you try and make a multi step that breaks down into three steps, and your income is 200k, then that’s a multi step with three parts to it.
SSIS is really a single-step thing. It splits the income into 10 parts and then puts them in buckets, giving you a 10k income for the first step, 25k for the second, 40k for the third, and so on. The way it breaks it down is that you make a little under $25k per week after taxes, then you pay your bills on time, then you make a little money and live a little.
I’m not sure how SSIS is actually calculated, but I’m pretty sure that when it comes to the three steps of SSIS, the multi step is just a way to make more money. A good example of this is the “How to start a job here” video that was posted yesterday. I’m not sure if that was a multi step, but it is certainly a multi step.
You could make a good multi step income statement for a few hundred dollars, but then you have to find someone who gives you a million dollars or two. In the “How to start a job here video” video, you can see that it’s not a job, either. Instead, it’s a combination of a job you’re working for (starting from a couple hundred dollars) and you’re making a million dollars in order to pay your taxes.
The first person in the video to make a multi step income statement would be a couple hundred dollars, and then they would figure out how to make the extra $1,000 at the end of the video by the next 30 seconds.
Multi step income statement is a really catchy way to say that we want to make $1 million. However, it can be really hard to do if you don’t have the right motivation. One reason it’s harder to sell multi step income statement is that it’s harder to show people what they need to do in order to get there. That’s why I think single step income statement is better.
Single step income statement is a little bit easier to sell because it’s more direct and it’s a little bit easier to show people how much you’re making. We have an online video where we’re going to show you how to make 1,000. In one minute you’re going to be making at least $500. In one hour you’re going to be making up to $1,000.
To sell multi step income statement, its not that hard. But the challenge is that it is much harder to show you how much youre making. It is much harder to show you a 1,000 hour income statement on your own than a 1,000 hour income statement on your own website.
We’ve done a few multi step income statements on our own website that have been working great, but we’ve also done a few on YouTube where the viewers are able to help us with the transition. We believe that the key to success in YouTube is to provide a consistent flow of content. Making a multi step income statement on your own website is often the most difficult part of the process, but it can be a great way to get a lot of viewers involved.
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