In today’s video – 5 Ways To Make Money Today – I want to give you a few very effective ideas for injecting quick and long-term cashflow into your business!
When I started out online it took me a good couple years before I started making money. I was nickel and diming my way through my business with a few affiliate sales and one-on-one coaching sessions every once in a blue moon. I was working my butt off, working 50 on average, and at times 70 hours a week – blogging, writing emails, answering comments, commenting on other people’s blogs, brainstorming, praying and wishing about all the ways to build my authority and by pocketbook.
I wanted success more than I wanted to breath and eat and sleep.
Now fast forward a little more than 4 years later and what set out to be a way to build a network marketing company has turned into an online business or should I say businesses that have allowed me to create significant success.
Over the years, there have been many ups and downs, and I’ve reinvented myself and my brand more than I can count, but the message has always been the same. To make money doing what you love and on your own terms.
When it comes to making money online I’ve tried a lot of things. I mean a lot…and I think I have a pretty good grasp on what works and what doesn’t. I know that without a shadow of a doubt that I would have made 5 times as much money as I do now and be much farther along in my business if I tried to actually SELL and MARKET when I first got online.
But being the introvert I was (and maybe still am at heart) I thought if I built it they would come. If I set up a blog, people would find it. If I joined a company or affiliate program, people would buy in, if I created a product, people would somehow find my product or sales page and hit the buy now button.
But unfortunately it didn’t (and doesn’t) work that way so I had to figure out how to take all those ideas I had in my head and actually put a marketing plan behind ’em that would generate me some income.
In retrospect, and with what I know about business now, I would say that the truth most people never make a dime online is that they never really actually start. I mean really start. You can make a lot of money if you actually actively pursue what you want.
I mean what a concept, right? Actually setting your intentions and then doing something every day to make your dreams true.
So my point is this — just do! Even if you haven’t figured it all out, even if you don’t have all the money yet, even if you haven’t nailed your brand, take action for long enough and you’ll eventually get it together.
Making money online boils down to taking action but if you need a few ideas on how to get the money flowing here are 5 ‘tried and tested’ methods I’ve found actually work when it comes to injecting both quick or long-term cashflow into your business.
So on to those making money today ideas….
PUBLISH AN EBOOK
Anyone can be an author online. All you need is a way to convert that word doc into a PDF and viola you have content you can cash in on. This is actually a really great way to get your feet yet when it comes to attracting money online. At one point I even created an ecourse called Fast Cash Ebook Formula showing people just how quickly you cash in on ebooks.
My ebooks have netted me thousands and thousands of dollars. It may not make you rich overnight but writing down your ideas and selling your solutions in an ebook at the price of $7, $17 or even $37 or more – depending on the quality of the content and the niche – if a great place to start. The cool thing about an ebook is that once you create it, it’s done and it can continue making you money.
And once you knock the first one out of the way, it’s crazy from there on out. My first ebook gave me the confidence to create my first ecourse. I used ebooks as a stepping stone and every time I create an ecourse or a live event I essentially format it as if I was writing an ebook.
You can bust out an ebook in a few days, so why NOT spend your weekend doing something that will pay you again and again for years to come?
Your #livebolder ACTIONABLE: Outline, edit, write and release your first ebook.
CREATE A COURSE
The next money maker is to make the natural progression to creating a signature ecourse. If you have a process you use to get yourself or clients results, show people how they can do it themselves. Why not crate an ecourse ( it can be a short 7-10 day course where you deliver a portion via email each day and it contains a video or audio or you can create a full blown membership site.
You could sell this for anywhere from $20 to several hundred or even thousand dollars, depending on YOUR belief in the content and how it will help people.
I’m currently working on a 7 day video course, my Brandathon – and the way I’m creating it is by running it first as a live (free) event on a very popular social media site. This is really EASY to do.
I’ve created courses where I’ve charged anywhere from $97 to $497. Everyone should have their own signature program – so if you’ve been thinking about putting together something more substantial for your audience this is a great way to do it.
Your #livebolder ACTIONABLE: Take an ebook, course or gather a group of popular articles and create your first short ecourse.
RUN A LIVE EVENT
So speaking of events, release a live event or workshop. One of the most rewarding things for me is helping people in a live setting work through their challenges. Running an event can be a little overwhelming and it takes a lot of energy but it’s also one of the most FUN and rewarding ways to engage with your community.
You can start small, run a 2 hour workshop or go into a full blow 2 or 3 day intensive or even a 7 day retreat. I’ve charged anywhere from $37 up to $497 to attend my events. and at the event you can sell other products and services to create even more cash flow.
And if a live event is not your forte run an online event. People love learning without having to go somewhere to learn it.
Your #livebolder ACTIONABLE: Make it easy! Throw a buy now button via paypal or eventbrite onto a sign up page and start inviting people via FB and your email list. Boom!!
CRAFT A COACHING SPECIAL
Put together a package that includes 1 on 1 or group coaching sessions. You can charge anywhere from $500 – $1000 or more for a few sessions. Throw in some irresistible bonuses, offer only a limited number, create some urgency and start promoting it.
Stop spending all your time thinking and planning, thinking and planning.
If you already have a coaching session, you can still put together a special offer tOR even better you can spruce up the packages you already promote – throw in some addition bonuses and increase your prices!!
One of the best ways to make money in your business is to increase your prices on current products or services. Make an announcement via email and Facebook to let people know “the price is going up in…”, and watch how fast people start taking action. Creating a little urgency can work wonders!
Your #livebolder ACTIONABLE: Send out an email inviting people to join your mastermind or coaching sessions. Also in that email tell your audience you’re increasing your rates and WHY. This is NOT about getting permission or justifying your decision to increase your prices it’s about valuing your time and your worth.
PRODUCE A PODCAST
The last money maker is to create a podcast. I’ve played around with this on another site I run and it’s a great way to get content out there especially if you don’t like writing.
You can create an educational or inspiring podcast audio between 20 and 40 minutes long? or you can record interviews via skype like we do with industry leaders.
You don’t need any super fancy equipment, you can even talk into a recorder while you’re driving. You can give them away for free or sell them. You can include the podcasts as bonuses when promoting other product or programs as well. They take just minutes to create, just make sure they are packed with value.
Your #livebolder ACTIONABLE: Record your first podcast today.
One of the best things about being a entrepreneur is that there are an infinite number of ways to make money doing what you love. But here’s the thing I want you to understand. If you’re not putting content out there, then there is no possible way you can make money right?
So right now I want you to write down the top 3 ideas that appeal to you most then I want you to choose just ONE and start taking action on creating it right away.
Remember we are all about Living bigger, living better, living bolder. It ma be scary but it is going to well worth it when you start seeing the money coming in.
So, leave me a comment below and let me know the one thing you’re going to be working on. When it’s done share it with me. I may even share it with my audience!
Be Bold, Brand U
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