Thursday, July 18, 2013

James Malinchak Give Entrepreneurs Permission To Take Compensated For Their Services

By Stanton Harper


I understand you get badgered to speak or work to provide for others. While I am all about service, you have to do in your business like the airlines tell you on the plane, put your oxygen on first, then take care of others around you. The same applies in business. You have to be in the money else you're not going to be in business very long. You should be compensated for all the work and the reliable information you provide to others so they can live their lives to the fullest!

Probably, you're giving away or really missing out a small fortune because you are not putting yourself first, which is causing you to work harder than ever! Chances are you are passing up on various income streams. Chances are you will find different income streams you do not have setup. This missed income is holding you back from being paid higher for the original products or services. You need to keep a clear head on completing those income streams.

Income streams act like things i call spider webbing. Any time you create any company, you need to spider web it. Spider webbing is similar to the analogy of driving your vehicle around the freeway when a pebble cracks your windshield. That crack spider webs out and then thing you know it starts to spider web all around the windshield. Well, spider webbing is added way to consider creating income streams for yourself.

You want your initial income stream to be thought of as the pebble, because the initial crack. Then, you need to start thinking "how will i spider web my income?" If you have one product that you sell a treadmill service that you sell for one price, figure out how you add a higher level price an additional product or perhaps an expanded form of that product. Also, consider the best way to add a lower price and a lower version of the product. Now, you will be able to get folks who may not come to you at this middle price, but they might enter into your customer funnel in a higher or lower price point.

One more reason to have a lower price because some people want to try you out before they feel confident purchasing in a higher price. Therefore, you need to build trust as well as credibility with them. Therefore, if you have a cheaper, lower price in conjunction with the other higher price and also the medium price. Now you must different doors that may be opened allowing somebody just to walk in at the price range they are comfortable. That is just one way of getting paid in multiple ways. You are going to need to consider people with whom you can setup strategic partnerships. These partnerships will be sending you referral business, and you can compensate them for sending you referral business.




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