Try to diversify your income streams, both inside the business and on a personal level.

• Within the business, that could mean selling multiple different types of products and services, monetizing your content or applications in different ways, or even targeting different audiences.
• The same principle applies to you as an individual. You can diversify your income streams by investing in dividend-paying stocks, investing in real estate, starting independent blogs or websites, or even picking up side gigs.

• Budgeting and frugality: Be smart with your budgeting and try to remain as frugal as possible.
• An emergency fund: Set aside at least enough money to cover a few months of personal expenses.
• Tax-advantaged investment vehicles:...