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Multiple Streams Programs and Packaging Articles |
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All Multiple Streams Programs and Packaging Articles
Yes, you love your clients but honestly, too much 1-on-1 work can leave you feeling exhausted and strapped for time, plus limit how much you can make. You end up not only feeling burnt out but feeling broke too, even though you’re working plenty hard. The good news is that the solution is actually pretty simple.
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In re-designing my business I discovered how to create both “passive” and “leveraged” income streams. Passive income is money that flows in from the sale of products or programs that have already been created. Leveraged income is large amounts of income created from very little time spent, such as with a membership program. It didn’t take me long to see that EVERY business has the opportunity to create both kinds of income. But, creating passive revenue can take some time. Which is why I recommend focusing first on creating leveraged income streams such as membership programs. Here are three more quick tips you can use to creatively add membership income to your business.
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Before my business evolved into what it is now, I was trading my time for money, dollars for hours. As a website designer and developer, I charged by the hour. As a writer/editor, I charged by the hour. As a public relations and marketing consultant, I charged by the hour. Do you see the problem here?
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One of the most important intentions in your business, even in passion-based business like yours, is to make a profit. Yes, you want to make money while making the world a better place by contributing your magical gifts. In order to keep contributing and changing the world in your unique way through helping your clients, you need to also be financially successful. This is part of the holistic model of success.
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Whether you are a provider of products or services it is important to clarify for yourself and your clients exactly what you offer.
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I was privately coaching with one of my EnergyRICH® Boot Camp members a few weeks ago (we’ll call her Debra) and she was frustrated with how to incorporate the EnergyRICH® concept of packaging her services. She was blocked and could not see how this could be done in her business.
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You'd be surprised how many of your clients are willing to pay top dollar to spend a day or two with you in a private, intensive retreat type of setting. Here are 4 quick tips to make your income stream successful for you and your clients.
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There are many ways to leverage your time and talent, but these three will get you started in the right direction to building a more satisfying business for you ~ one that gives you the freedom to enjoy both your work and your life.
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How to create packages that are rich with benefits, worth more money and offer greater value to her clients.
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Quit focusing on features and start relishing results. Learn more.
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Focus on creating a steady stream of potential clients. Here are 3 ways to take action right now.
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Here are 3 quick tips you can use to quickly sift through your ideas and choose the ones that are MOST likely to be high-payoff for you!
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You don't have to be a savvy internet marketer or webmaster to learn how to create a global market for your business. Learn how.
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One of the biggest shifts that came for me in building my own successful business was learning about - and implementing - what I call my Marketing & Product Funnel.
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