on Wednesday, 15 September 2010. Posted in Making Money
Are you creating a money-making machine or a just another job? When we embark on our venture as entrepreneurs, we usually start a business in a field that we are good in or that we have passion for. You love to cook so you start a restaurant; you're a great graphic designer so you start a graphic design business.
But the big flaw in this approach is that the company is YOU. Your cooking skills, your design skills are the core of the business. If you're not around what happens? So in reality what you've really done is created a lifelong job for yourself. It needn't be all bad news though...
on Thursday, 19 August 2010. Posted in Making Money
Wouldn't it be a dream if you came home at the end of the day and had so much time on your hands you would have to find a few more hobbies or plan a few more vacations? Or you didn't feel compelled to respond you your emails all night long...
As entrepreneurs the one thing we never seem to have enough of is time. Micro enterprise - the solo entrepreneur or private practice professional , we are often behind the 8 ball constantly because we just don't have the resources to "get help." But what if there was a way to multiply the number of hours in your day? What could you achieve? How many times have you said "If I could just clone myself...?"
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Wouldn't it be a dream if you came home at the end of the day and had so much time on your hands you would have to find a few more hobbies or plan a few more vacations? Or you didn't feel compelled to respond you your emails all night long...
As entrepreneurs the one thing we never seem to have enough of is time. Micro enterprise - the solo entrepreneur or private practice professional , we are often behind the 8 ball constantly because we just don't have the resources to "get help."But what if there was a way to multiply the number of hours in your day?What could you achieve?How many times have you said "If I could just clone myself...?"
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If youhaven't Read Rich Dad Poor Dad, make a point of reading it next week.But in the mean time, what is this trick to expand dime and defy the laws of physics?
Read Rich Dad for the full meal deal, but I will share with you one thing you can do TONIGHT to help you leverage your time so you can really make money while you sleep, and it won't cost you a dime.
Affiliate Programs
What!?Affiliate programs are loose but formal arrangements where you get paid a commission to sell someone else's' product or service.But the cool thing is you do this on your website, and you don't SELL, you educate, inform, and demonstrate.
Say you use some of Tony Robbins books in your business, you tell your clients to read them because they have really helped you. Many times your client will go ahead and get the book based on your endorsement.It's genuine, they trust you and they are wanting to learn more.
Same thing happens on your website with your affiliate links.You rave about a service or product you ACTUALLY use or have used, add a link to the product owner's site, and when one of your customers clicks on that link formore information and then later buys the product, YOU get a commission cheque in the mail (or in your PayPal account).
Literally you can make money while you sleep!The easiest affiliate program is Amazon.com (or amazon.ca).As business people we always recommend books, we're all voracious readers.Sign up with Amazon for free, become an affiliate and but some links to your favourite books on your site.
Write a review, tell us why you recommend the book, what it will do to help our businesses, and when someone clicks the link to find out more, and they buy a book (any book on Amazon) ch-ching! you get a commission.
So now you can go home a little earlier, lunch a little longer, knowing that time is n your side.You website is selling for you while you focus on bigger and better.
Some businesses do nothing else - in one recent case study I read, the busness owners is making $18,000 each month selling other people's products. If you want to explode your affiliate revenue into the stratosphere, contact us - we can help.
xLAB Interactive is an award-winning Winnipeg Web Designer and Internet Marketing company. Our mission is to care for, protect and guide you on your quest to get your business on the Internet.
Selected as Manitoba's Woman Entrepreneur of the Year in 2007, our founder understands the unique needs of entrepreneurs, - and the xLAB team understands marketing - after all it's not just your website it's your business!