As a general rule, when starting out in business, it’s best to aim for smaller income levels and then increase it as you go.
There’s no sense in trying to make $10,000 or $20,000 straight away when you haven’t even had one client yet – it’s only going to leave you feeling frustrated and like you’re failing, which you’re NOT; you just need to start slowly and work your way up.
So, in this post we’re going to share some ideas with you on how you can easily add an extra $1,000 to your business this month – even this week if you want to.
Now, please keep in mind: if you want this to work, you have to take action on these. You don’t have to do everything, but you have to do something.
It won’t be perfect and polished, but it will get you results if you actually do it.
Take a notepad or open up a new document on your computer and write down all the ways you can start making money. This covers everything from ideas you have for products and services to things you can sell. Some of these ideas will be a bit whacky, but some will be winners, and you certainly don’t have to try all of them;
Run a flash sale. Do you already have some products or services you’ve offered before but that you’re not actively promoting at the moment? If so, running a flash sale on those is a great way to generate some fast income. Offer a good discount and make it available for a very short time (think 24-48 hours) and send it to your email list or whatever other networks and groups you’re a part of.
Run a PWYC (Pay What You Can) sale. PWYC sales are amazing things to do; they allow you to generate some income very quickly if you need to, and also allow people who may not have a lot to spend, or who simply want to get a taste of you work the opportunity to do so at a much more affordable cost. When doing a PWYC sale, always give people some kind of guide price to work with so that you’re not leaving them guessing about what’s appropriate;
Do a paid beta test of your product or program. If you have something you’re getting ready to launch but want to make sure people will actually buy it and also test out how the program works, then a beta test is the way to go.
Doing this is as simple as announcing it to your groups and email list and letting them know that for a very small group, you will offer a huge discount on the cost of the program in exchange for feedback and a testimonial. This is definitely a win-win;
Have an upsell page. After people have opted in for your free thing, don’t just send them to a standard thank you page. Offer them something of great value at a very low cost that they can only get from this page. Things like e-books, webinars, audio trainings, etc are great for this, as they give people a low-risk, low-cost way to get an idea of what it’s really like to work with you. This offer is typically less than $10;
Run a paid online training or webinar. If you have some really good information to share, but don’t think it warrants a full-blown course, then doing a webinar and charging for it could be the way to go. Somewhere around $30 is usually a pretty good starting point for something like this; plus you can always keep the recording and sell that later, too;
Write an ebook or e-guide. Depending on the length of it, this might not be something you consider to be worth it; however, even though an e-book is generally quite low cost (again think no more than $10), once it’s done, it’s done. It really doesn’t matter what kind of business you run – anyone from a copywriter to someone running an Aviation Law Firm will benefit from having digital products that people can buy from them. It’s also a good way to let people access your paid content who may not be able to work with you in one of your higher-cost programs yet;
Follow up. ALWAYS. One of the biggest ways business owners like you and me are leaving money on the table is by not following up with people who have either expressed interest in working with us, or who have worked with us before. A simple message to see how they’re doing and if there’s anything you can help with is really all it takes, but the power of the follow up is seriously underestimated