Tag Archives | make residual income

Short and sweet: If you’re making good money coaching others to do or accomplish something, then you can probably double the money you make without much effort.

It’s sort of a recycle and reuse kind of thing, where nothing in your business goes to waste.

Let’s say you spend time coaching people on how to start their own businesses. You show them the sequence, how to get things done, how to outsource, the shortcuts, the little things they need to know and so forth.

But consider this: There are other marketers who want to get paid for coaching, too. Except they don’t know where to start or what to do.

So you also coach other marketers on how to do coaching.

You let them in on all your secrets of how to get clients, how to work with clients, how the whole process works and so forth.

I suppose you could even let them listen in on your coaching calls. If you do, you need to let your students know someone else is on the line.

And whatever you’re charging your regular coaching clients, you can probably about double for your new students who are learning how to become coaches. Again, it’s up to you.

You’ve got a skill – coaching – that others want to have. So why not become a coach’s coach?

You can give your future coaches templates for their sales pages, techniques for getting their first clients and ongoing support. And for this you can easily charge $5,000.

Even if you just take on two new students a month who are learning to be coaches, that’s an extra $120,000 a year.

I mentioned this to a friend, and he’s a bit snarky. He wanted to know, “If you’re coaching students, and you’re coaching coaches on how to coach students, couldn’t you also coach people on how to train new coaches that teach coaching?”

Actually, yes. But that might be taking things a bit far. 😉

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Work expands to fill the time allotted – and even more time beyond that – if you don’t have a hard deadline. Thus, if you make it a goal to finish your new ebook in 3 months, at the 3 month mark you’ll either just be finishing, or worse yet you’ll realize you’re only halfway done. If, however, you had a hard launch date, then you’ll have the book ready. Deadlines are a magnificent thing – they give you permission to ignore the email, ignore Facebook, turn the phone off, tear yourself away from the video games and television and actually get your work done.

So how can you create a product in a short amount of time? By doing two things:

First, set a deadline that is almost impossibly close, such as 10 days from right now.

Second, hold yourself accountable on a massive scale. That is, call up your best marketing buddy and schedule a live webinar with him or her to sell your new product. Now promote the webinar heavily.

Guess what? For the next 10 days you’re going to move heaven and earth to get your product finished for that webinar, and on Day 11 you are going to party!

First, you’re going to be celebrating the sales you made on the webinar.

Second, you’re going to be looking forward to all the sales you will make in the future with your new product. In fact, you’re going to take the momentum that webinar created and use it to contact other marketers and set up more live webinars for their lists.

Third, you are going to feel fantastic. That new product that you thought would take 3 months of your life only took 10 days!

Fourth, you’ve now got a system for not only getting products done fast, but also getting your first sales the moment the product is completed for an immediate payoff.

How great is that?!

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Save Money Around the World at Over 1,500,000 Locations! The average savings are more than $100 a month – that’s $1200 to $1400 a year savings on all the things you already buy! Join Great Life Worldwide International Business Opportunity & Make Residual Income Too.

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Are You Looking For Digital & Physical Products Like High Quality Supplements & Financial Education & Make Money From Home Too? Please Join Great Life Worldwide International Business Opportunity.

Would You Like To Backup All Your Files & Pictures & Make Residual Income Too? Please Join Got Backup International Business Opportunity.

Would You Like To Have All The Tools, Training & Resources Needed To Succeed As An Affiliate. Please Join Master Affiliate Profits. Complete Affiliate Business Setup With Awesome Digital Marketing Courses.

Business Owner? For Business Funding – Preferred Funding – Instant Micro Funding – Line Of Credit & Payment Processing Please Visit David Allen Capital. Join David Allen Capital Affiliate Program Free & Make Hefty Commission Too.

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You read a book and a week later you hardly remember a thing.

You watch a video and a day later it’s lost from your memory…

The fix? Always write down your three biggest takeaways from anything nonfiction that you read or watch.

Keep a notebook or file just for this purpose. Review it often. And put those three things to work in your life as soon as you possibly can.

The world’s wisdom and secrets is at your fingertips inside books old and new. Many of the world’s greatest teachers and successful people share their secrets and strategies inside the pages of a book.

When you read for learning, you are only moments away from discovering some new information that can change the course of your life in new and better directions.

But you must take action.

And you must REMEMBER the insights that really matter.

Read to learn and grow, and remember to write down your three biggest takeaways from each session, and then take action on what you are learning so that it becomes internalized wisdom.

Start doing this, and every day can be a better day as you absorb the knowledge of the happiest, healthiest and wealthiest people in the world, and incorporate it into your life so that you can be one of them too! Then write your own book for other people to remember! 🙂

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Save Money Around the World at Over 1,500,000 Locations! The average savings are more than $100 a month – that’s $1200 to $1400 a year savings on all the things you already buy! Join Great Life Worldwide International Business Opportunity & Make Residual Income Too.

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Do You Need High Quality Advertising? Please Join Traffic Authority Or Leads Leap International Opportunities Free & Make Passive Income Too.

Are You Looking For High Quality Supplements & Make Money Online Too? Please Join Live Good International Business Opportunity.

Are You Looking For Digital & Physical Products Like High Quality Supplements & Financial Education & Make Money From Home Too? Please Join Great Life Worldwide International Business Opportunity.

Would You Like To Backup All Your Files & Pictures & Make Residual Income Too? Please Join Got Backup International Business Opportunity.

Would You Like To Have All The Tools, Training & Resources Needed To Succeed As An Affiliate. Please Join Master Affiliate Profits. Complete Affiliate Business Setup With Awesome Digital Marketing Courses.

Business Owner? For Business Funding – Preferred Funding – Instant Micro Funding – Line Of Credit & Payment Processing Please Visit David Allen Capital. Join David Allen Capital Affiliate Program Free & Make Hefty Commission Too.

Secrets Of Success Movement Affiliate Program By Russell Brunson Earn 40% Lifetime Commission, Join Free Now!

Please Contact Us If You Have Questions, Concerns, Feedback, Partnership Ideas. Thank You For Your Time & Have A Wonderful Day.

Let’s be candid – You can discover these outsourcing secrets the easy way or the hard way, but you’re going to find this out sooner or later.

The hard way is the way most marketers do it. They make mistakes when outsourcing, lose time and/or money, and then learn from their mistakes.

I propose we cut out all that nonsense and I’ll just tell you what you need to know here and now. Ready?

1: Outsource customer service as soon as humanly possible.

Reason why: If you don’t, you’ll waste half of each day doing things like answering support tickets, changing email addresses for members who changed their email address (yes, that is a thing) issuing refunds, answering questions and so forth.

That is time you could spend doing something else like… let’s see… wait, I know – MAKING MONEY.

Your focus should be on building your business, not answering support tickets (“When I log in, I see a funny thing at the top that says I’m logged in… is that what it’s supposed to say?”) I’m not kidding, that is a real support ticket I once received.

Another reason why: Your virtual assistant who is handling your support can shield you from the negative ninnies. What’s a “negative ninny,” you ask? It’s that person who buys your product and then rants on for 6 pages on how awful your product is, how awful you are and so forth. You don’t need to hear that stuff. Just tell your V.A. to handle it for you without ever telling you about it. (In this case, refunding the person and removing them from every list is all that’s required.)

And by the way, if you’re thinking that your products will be so great, everyone will love them, well then I know you haven’t created any products yet.

I don’t care if you invent the method for turning pixels into gold, someone will hate it. And that’s okay, as long as you don’t have to hear about it.

2: Outsource the things that bring you profit FIRST.

So let’s say you want to outsource website building, content creation, product creation, sales writing, software creation and so forth.

Ask yourself this question: What’s going to bring me the fastest return on my money?

That’s the project to outsource first.

Maybe you pay someone to create a product for you, and then you turn around and sell that product to hundreds of buyers. BOOM! You’ve just made your money back and much more.

But what if you don’t have any customers yet? And no list? Then maybe you need to outsource the building of your squeeze page so you can start list building so you can start selling stuff to your list.

Whatever will put you in profit first is the thing you need to outsource first. This way you are not coming out of pocket by thousands and thousands of dollars without a return.

3: Pay outsources based on the JOB, not by an hourly rate.

You want to know going in what it’s going to cost you to get a specific job done. And a true professional will be able to tell you exactly what it will cost.

A lot of marketers make the mistake of paying by the hour to get a job done. So not only don’t they know exactly what the job will cost – they also don’t know if the outsourcer is dragging the job out longer to make it pay more. Yes, it’s been known to happen.

The exception to the non-hourly rule?

Your virtual assistant or customer service person. Because of the nature of their work, in most cases paying them by the hour is the way to go.

4: Outsource work you’re putting off.

Did you create a new product, but you haven’t edited yet? Or maybe you haven’t built the website or made the sales letter.

All the time you invested in creating that product is going to waste. Outsource someone to do what you haven’t done, so you can get it online and start making sales ASAP.

5: Outsource what you’re not good at, and what you don’t like doing.

Sure, you love building websites, but let’s face it: You haven’t updated your website skills since 2007. Or you know how to write sales copy, but you HATE doing it.

Those are things you should be outsourcing. By focusing on your strengths as well as strategically planning your business, and letting other experts handle the rest of the work, you’ll make more money faster than if you try to do everything yourself.

6: Outsource the instrument playing while you conduct the orchestra.

There may come a time very soon when you have a system in place for making money. It could be as simple as creating a product in your niche, write several pieces of content preparing people for the product, record several videos leading up to the launch, and then launching.

Yet all of that is a lot of work. You’ve got sales copy to write, JV’s to contact, swipe emails to write, etc.

If you can afford it, outsource everything you can so that you can focus on working ON your business instead of IN your business.

People who focus on working on their business while outsourcing a lion’s share of the work tend to make 5 to 10 times as much money as those who work in their business.

Sort of a no-brainer, don’t you think?

7: If you haven’t yet outsourced something – what are you waiting for?

If you already have an online business, or you’re in the process of building one and you haven’t yet outsourced something, odds are it’s simply because fear is holding you back.

Go to Fiverr, Upwork, Craigslist or Warrior and outsource a small job, just to see how it works. I promise, you’ll be hooked and your business will grow twice as fast.

There is not a seven-figure internet marketer out there who doesn’t outsource. So isn’t it about time you did, too?

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Save Money Around the World at Over 1,500,000 Locations! The average savings are more than $100 a month – that’s $1200 to $1400 a year savings on all the things you already buy! Join Great Life Worldwide International Business Opportunity & Make Residual Income Too.

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Are You Looking For High Quality Supplements & Make Money Online Too? Please Join Live Good International Business Opportunity.

Are You Looking For Digital & Physical Products Like High Quality Supplements & Financial Education & Make Money From Home Too? Please Join Great Life Worldwide International Business Opportunity.

Would You Like To Backup All Your Files & Pictures & Make Residual Income Too? Please Join Got Backup International Business Opportunity.

Would You Like To Have All The Tools, Training & Resources Needed To Succeed As An Affiliate. Please Join Master Affiliate Profits. Complete Affiliate Business Setup With Awesome Digital Marketing Courses.

Business Owner? For Business Funding – Preferred Funding – Instant Micro Funding – Line Of Credit & Payment Processing Please Visit David Allen Capital. Join David Allen Capital Affiliate Program Free & Make Hefty Commission Too.

Secrets Of Success Movement Affiliate Program By Russell Brunson Earn 40% Lifetime Commission, Join Free Now!

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I feel almost silly writing an article on this topic, because I can sum it up in one sentence:

Write about your own personal experiences in story form.

That’s it! People love stories – especially true ones – that show you overcame an obstacle, solved a problem, created something positive and so forth.

So if you’re writing a blog post about how to increase traffic, use your own examples of what you did, how you did it, and the results. If you can flavor it with storytelling skills that keep your reader riveted, so much the better.

And who better to show you how to tell a story than professional stand up comics? These guys and gals live and die by the story – they either get it right or they’re booed off the stage, and being booed is not funny or fun.

The steps to great storytelling according to comedians?

1. Be Brief (don’t ramble – get to the point)
2. Give Details (the useful ones – don’t bog the story down with useless stuff)
3. Use Story Twists (surprise is a wonderful thing)
4. Work the Crowd (or in this case, your readers)
5. Act Out The Characters (difficult to do in a blog, but I’ve always thought lending your own personality or character to your writing is extremely important)
6. Practice (write often – the more you write, the better you’ll get)
7. End on the Biggest Laugh (or point if you’re a blogger)

Get the details on how comedians tell great stories here:

http://www.askmen.com/money/how_to_400/443_how_to.html

Implement these storytelling tips into your blog posts, and you’ll engage your audience on a deeper level, and keep them hooked on your content.

“Huge Savings + Income Opportunity” want up to 50% off your bills and earn weekly checks? Join & Secure Your Position 2 x 16 Matrix, Join Save Club International Business Opportunity Today! Save 50% & Make Money Online Too!

Save Money Around the World at Over 1,500,000 Locations! The average savings are more than $100 a month – that’s $1200 to $1400 a year savings on all the things you already buy! Join Great Life Worldwide International Business Opportunity & Make Residual Income Too.

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Are You Looking For High Quality Supplements & Make Money Online Too? Please Join Live Good International Business Opportunity.

Are You Looking For Digital & Physical Products Like High Quality Supplements & Financial Education & Make Money From Home Too? Please Join Great Life Worldwide International Business Opportunity.

Would You Like To Backup All Your Files & Pictures & Make Residual Income Too? Please Join Got Backup International Business Opportunity.

Would You Like To Have All The Tools, Training & Resources Needed To Succeed As An Affiliate. Please Join Master Affiliate Profits. Complete Affiliate Business Setup With Awesome Digital Marketing Courses.

Business Owner? For Business Funding – Preferred Funding – Instant Micro Funding – Line Of Credit & Payment Processing Please Visit David Allen Capital. Join David Allen Capital Affiliate Program Free & Make Hefty Commission Too.

Secrets Of Success Movement Affiliate Program By Russell Brunson Earn 40% Lifetime Commission, Join Free Now!

Please Contact Us If You Have Questions, Concerns, Feedback, Partnership Ideas. Thank You For Your Time & Have A Wonderful Day.

If you’ve ever read Napoleon Hill’s “Think and Grow Rich,” you know that he repeatedly alludes to “the secret” without ever stating exactly what the secret is.

A quick aside here – I wonder if his book would still be popular to this day if he had simply STATED the secret, rather than leaving it a bit of a mystery? I don’t think so.

Some have said the secret is to, “Conceive it, believe it and then achieve it.” That is, you need to decide what you want, believe with all your heart that you can and WILL achieve it, and then take the action necessary to make it happen.

Others have said the secret lies in Chapter 2, where even Napoleon’s own son said he was able to identify the secret. That chapter is about “Desire: The Starting Point Of All Achievement.”

Chapter 2 reads, “The method by which desire for riches can be transmuted into its financial equivalent consists of six definite, practical steps…”

“First. Be definite as to the amount.” Desiring a lot of money or to be rich won’t work. Making a goal of $5,000 a month in income will.

“Second. Determine exactly what you intend to give in return for the money you desire.” You don’t get something for nothing – if you did, you could simply make a wish and your desire would appear. You’ll need to exchange your efforts for the money you desire, so what is it you can do? How can you give tremendous value to others?

“Third. Establish a definite date when you intend to possess the money you desire.” Never underestimate the power of a deadline, or the need to be accountable to someone. Tell the person you least want to disappoint of your deadline, and be sure they hold you to it.

“Fourth. Create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.” Decide what you’re going to do, and then just do it. Don’t wait – procrastination leads to excuses which leads to more procrastination. Begin immediately.

“Fifth. Write out a clear, concise statement of the amount of money you intend to acquire, name the time limit for its acquisition, state what you intend to give in return for the money, and describe clearly the plan through which you intend to accumulate it.” You’ve heard this before – Write it down. Make it concrete. Make it REAL.

“Sixth. Read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning. AS YOU READ – SEE AND FEEL AND BELIEVE YOURSELF ALREADY IN POSSESSION OF THE MONEY.” Twice a day? I would suggest several times a day. Keep your goal right in front of you so that it’s on your mind always, like a mantra. It should be the last thing you think about as you fall asleep, the first thing you think of upon waking, and your predominant thought throughout the day. As you think about it, BELIEVE it is already done – you are simply going through the formalities.

You’ll notice that these 6 steps assume one thing – that you will take ACTION and do whatever it is you need to do to make it happen.

Six steps, plus action.

If we were to boil this down to its essence, what would it be?

Conceive it
Believe it
Achieve it

And there you have it – Napoleon Hill’s secret to Thinking and Growing Rich.

Famous sales person Ben Gay tells the story of being on an ocean going fishing boat with a very successful friend. His friend hooked a whopper of a fish on his line. The crew went crazy with someone shouting out “slow down, speed up, hard to port, etc.” Crew members were running around doing whatever they do and the entire boat had a feeling of total chaos while his friend was working on landing this fish.

But his friend was as calm as could be. When Ben asked his friend how he could stay so calm amid all this frenzy, his friend replied, “While the fish and the crew don’t know the outcome of this struggle, I do.”

His friend had already conceived and believed he would catch a giant fish. All that was left was to calmly and serenely land him.

“Huge Savings + Income Opportunity” want up to 50% off your bills and earn weekly checks? Join & Secure Your Position 2 x 16 Matrix, Join Save Club International Business Opportunity Today! Save 50% & Make Money Online Too!

Save Money Around the World at Over 1,500,000 Locations! The average savings are more than $100 a month – that’s $1200 to $1400 a year savings on all the things you already buy! Join Great Life Worldwide International Business Opportunity & Make Residual Income Too.

Secrets Of Success Movement Affiliate Program By Russell Brunson Earn 40% Lifetime Commission, Join Free Now!

Do You Need An Autoresponder? Please Join Send Shark Autoresponder

Do You Need Email Marketing? Please Join Udimi.

Do You Need High Quality Advertising? Please Join Traffic Authority Or LeadsLeap International Opportunities Free & Make Passive Income Too.

Are You Looking For High Quality Supplements & Make Money Online Too? Please Join Live Good International Business Opportunity.

Are You Looking For Digital & Physical Products Like High Quality Supplements & Financial Education & Make Money From Home Too? Please Join Great Life Worldwide International Business Opportunity.

Would You Like To Backup All Your Files & Pictures & Make Residual Income Too? Please Join Got Backup International Business Opportunity.

Would You Like To Have All The Tools, Training & Resources Needed To Succeed As An Affiliate. Please Join Master Affiliate Profits. Complete Affiliate Business Setup With Awesome Digital Marketing Courses.

Business Owner? For Business Funding – Preferred Funding – Instant Micro Funding – Line Of Credit & Payment Processing Please Visit David Allen Capital. Join David Allen Capital Affiliate Program Free & Make Hefty Commission Too.

Secrets Of Success Movement Affiliate Program By Russell Brunson Earn 40% Lifetime Commission, Join Free Now!

Please Contact Us If You Have Questions, Concerns, Feedback, Partnership Ideas. Thank You For Your Time & Have A Wonderful Day.