Multiple streams of income, no matter how small or insignificant you think they may be, can culminate in a river of revenue! Let me share 5 income strategies I have used successfully.
1: Conduct a Live Workshop
You know your stuff! Teaching a hands-on workshop or an introductory program is an effective way to not only educate but to generate new leads.
2: Offer a Monthly Webinar
There are a number of free conference call services that you can use. Ask or survey your clients to uncover what their biggest challenges are. Use those challenges as your topics, and share your solutions in the form of a paid webinar.
3: “Tip” the Scales in Your Favour
Do you have an ezine or newsletter that you send out? If not, creating a monthly “Tip” that you send out to clients and prospects is perfect for ‘soft’ promotion. TIP: Always have a special offer for subscribers only. A great passive income generator!
4: Propose a Strategic Alliance
Not everyone should be viewed as the competition! There are many companies that have products and/or services that would complement what you have to offer.
5: Start a 12-month Mentoring Program
This is a membership-based program. Choose the focus of your program, create an outline of the content that will be provided, and promote it to your list of prospects. (remember Strategy #3?)
Keep in mind that your ‘River of Revenue’ can start with the smallest trickle. Choose one and start today!