Are you facing challenges when it comes to the hunt for fresh customers? Numerous folks who are new to the world of business often find themselves grappling with this particular facet of entrepreneurship. But what if there existed alternative avenues for income generation that don't necessarily involve constantly acquiring new clients?
That's precisely what we'll delve into in today's episode. I'll be sharing some insightful analogies to illustrate how you can leverage your current business position to generate extra revenue, both from your existing clientele and through strategic collaborations with other businesses.
What you'll hear in this episode:
[0:50] Exploring the reasons behind certain individuals' aversion to sales.
[3:10] Unveiling the conventional revenue generation method that many people instinctively turn to.
[4:19] Method 1: Have you considered revisiting, reinvigorating, or upselling your existing clients based on their current needs?
[7:13] Collaborate with professionals who offer services both preceding and following your own, establishing mutually beneficial partnerships.
[10:38] Maintain a heightened awareness of referral fees and the potential increase in your workload they may entail.
If you like this episode, check out:
The Benefits of Creating a Sellable Business
Coaching Alone Can't Resolve Your Cash Flow Problem
Differentiating Between Margin and Markup
Want to learn more so you can earn more?
CFO On Demand click here
Visit keepwhatyouearn.com to dive deeper on our episodes
Visit keepwhatyouearncfo.com to work with Shannon and her team
Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ
Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/
The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.