One of the most common questions / concerns I hear from clients, readers, and friends who own businesses is…
“How do I generate more income FAST?”
Whether they’ve had a slow month, an unexpected expense, or the economy is just hitting them hard — this issue comes up again and again.
So a little while back I put together an easy profit plan that can help almost any business quickly boost their bottom line.
All you have to do is ask yourself the following 10 questions...
And come up with the best answers you can.
10 Questions to Generate FAST Income in Your Business:
1. Who is the #1 person who can send you new business? ___________
2. What 3-day promotion could you run this month? ____________
3. What quick new LBO (low barrier offer) could you put out? ____________
4. How could you reactivate old customers? (come up with a no-brainer offer you can email or call them with) _____________
5. What third party / affiliate product (from another company) could you sell to your leads? ___________
6. What premium higher priced product/service could you offer your best customers? _________
7. What one time 1-3 hour “online event” could you sell? ___________
8. What bundle of products could you put together? ___________
9. What expenses can you cut... or inventory you could clear? ___________
10. What “sawdust” can you sell? (what do you have lying around that could be valuable enough people will pay you for it? This could be a recording of an event or presentation you’ve given, or a PDF of your most valuable newsletters / articles etc.) _______________
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Understand…
Not all 10 of these things will work for every business.
But at least a few of them probably will.
And even just one of these things, properly executed, has the potential to boost your bottom line by 5%, 10%, 20% or more.
For example, answering question #7 was worth over $100k in pure profits for my business last year.
Imagine 5-20% MORE cash in your pocket.
That’s a big deal.
Don’t skip this easy exercise!
Success Loves Speed,
Craig
PS - If you’re ready to 2X your income (or more) while working 10 less hours per week...
... Just REPLY to this email with the words “2X 10 LESS” and we'll set up a time to chat with you to find out if we can help. |