If you want to learn how you can add a second stream of income, read on…
Ya know, when I first started in land investing, I only knew about 1 way to make money
Buy land cheap, sell it for “not cheap”
Later, I wanted to get better at selling my land, so I stumbled onto digital marketing…
As I was learning about digital marketing, I decided to be an affiliate marketer for that holy grail of entrepreneurship…
Multiple streams of income!
But I found out pretty quickly that trying to do different business at the same time means that both businesses suffered.
I would either spend a ton of time learning a new business and the skills that go with it 😤
Or
Spend time with my old business, feeling like I didn’t have enough time to give the new business any time. 😖
I tried to go back and forth between the 2 for a while
But It wasn’t long before I started to feel frustrated and anxious.😰
I stopped being able to relax and enjoy any success.
When I tried to unwind, I would feel guilty that I wasn’t making any progress an either business…
I didn’t know it then, but I realized I was heading toward burn out, and fast!
Learning copywriting and email marketing took a lot out of me, so I didn’t have anything left to find new parcels of land.
I thought I had the first business on auto-pilot, but that was not true.
I essentially created another job for myself with the 2 business.
But it turns out, I had the multiple streams of income idea all wrong (and you probably do to)
Sure, you can have 2 completely different business bring in money
But what you should do is LEVERAGE the business and customers you have now for a new stream of income.
Ya see, the people who buy from you now already know, like and trust you…otherwise, they wouldn’t have purchased from you. 👬🏿
You also know their fears, concerns and problems, so you are in a great position to help them even further.
But, how can you add another stream of income to serve your existing customers?
Create a new product that solves a 2nd pain point for them.
No sure what to create?
Here are the 8 most sought-after products…so create one of these for your customers
1) An eBook 📗
2) A weekly teleconference ☎️
3) A weekly webinar ℹ️
4) Tools, templates and tech to automate a process 🧰
5) Continuity program ♾️
6) A/V programs (video serios, podcast series, etc.) 📺
7) A membership site 🎗️
8) An online certification program 📜
I don’t feel like going into how to do these things here
But, if you want to learn more, let me know, and I can see what 2nd stream of income can work in your business.