passive - Blogs - Black Business Women Online

How would you like to increase your bottom line? One way to increase yourbottom line is by adding income streams. I’m going to share with youpossible income streams. You don’t have to be stuck with one way ofbringing in revenue. There are ways to monetize your efforts.

Here are a few options.

Public Speaking
You can reach more people in a short period of time when you You can getyour message out to them about the solutions you provide. It’s also away for them to get to know you up close and personal.

When approaching this income stream it’s good to come up with your topic. Determine the results you want.

Simplify. You don’t have to go in depth.
Introduce your topic – Share the content and then summarize what you’ve said and close with how you can support them.

You might want to introduce your free offer. Free consult, free tips page.You can also have a free drawing by collecting business cards and letthem know that they’ll receive updates from you.

One essential thing is follow up. Develop a system for following up with individuals.

The one to many model. This is where you’re leveraging your time byworking with groups. Some examples would be my Teleseminars, BoostCamp, live workshops, Make it Happen “30 Days of Empowerment” Mentoring program.

This is a good model for two reasons you’re able to offer your program tomore people and charge less for your time and you can also turn theminto passive income when you record them.

Some other ideas for adding income streams would be ebooks,ecourses,telecourses,CDs,
PDFs,Audios,membership programs etc. These are also called passive income because you create it once and sell it over and over again.

I’d suggest that you start with what you’re most comfortable with. Are youcomfortable with writing? You could start off with writing a specialreport. Do you have tips or articles that you’ve posted? How about blogposts with a similar theme? You can compile these and create a specialreport. Are you better with speaking? Use sites likewww.freeconferencecall.com to record yourself and create an audioseries.

There are many ways to get started. This would also be a great project for my upcoming Make it Happen “30 days of Empowerment” Mentoring Program.

I’d like to offer you a chance to get started on adding an income streamtoday. My new Coaching quick start Silver Program. This will offer youguidance on the basics of adding this model to your current business orthe special report that’s included will offer ways you can get startedwith a couple of great ideas.

Go quickly to http://www.RobinTramble.com/coachingquickstartprogram.html

I am only opening up 50 spaces for this introductory investment level.

What income stream are you going to add to your business?

If you don’t need much, you won’t become much.–Jim Rohn (Jim Rohn’s Weekly E-zine – July 1, 2003)“All things that are truly great are at first thought impossible.” ~ Friedrich Nietzsche …Passive income is a dream of mine, it always has been. My husband is the active income earner in our family & with the active income comes the days and weeks without him home (one reason I am a stay at home mother). I have worked for active income and while I like the camaraderie I cannot say I always liked how my life was dictated in an effort to earn that active income; the late hours or working on Saturdays, the do more with less attitude. There are some items though that I do not want to give up to be a stay at home mother, things some say are impossible to have as a stay at or work from home mother. That is crap!Have you said year after year that you want to take the kids to Disneyland? Or maybe another house? Maybe all you want is to be able to get a paycheck and not have it already claimed by bills. I understand, for 2-3 years I have been saying I want to move yet not actually doing anyhting getting us close to being able to move. This new year we went over finances and determined what we would need to do to get where we want to go. We set a GOAL and it is kinda high up there.The major reason for setting a goal is for what it makes of you to accomplish it. What it makes of you will always be the far greater value than what you get.–Jim RohnYou don’t have to want to be crazy rich, maybe what you want is to be extremely comfortable. As in…-still take nice vacations,-drive a car that is not a traffic hazard (notice I did not say new),-have a house that is a makes you smile when you drive up to it,-have 6 months of living expenses in your money market account,-not have to put off your childs fup dentist appt because you can’t swing the copay on the work they need-be able to give to charities like you really want toWhat is it you want to fund? How are you going to get there? What is your dream/goal ?Got it, good! Now what are you willing to give up for it? Do you just want another job or do you want an income stream that may take some time to build but will leave you with time & money in the end?If you want the time and money look into passive income.Always Progressing.....

Note: this page contains paid content.

Note: this page contains paid content.

Note: this page contains paid content.

Note: this page contains paid content.