5 Tips to Jump-Start Your Revenue

  • By Marquita Miller
  • 25 Jul, 2017
  1. Problems Yield Money Change how you think about problems. Your business is a solution to someone else’s problems. You are solving, answering or providing a solutions. Start thinking about streams of income when you hear someone say they have an issue or a problem. Your talents, gifts, experience and knowledge are solutions! What solutions do you provide?
  2. Find Your Problem Child Surround yourself with people who are experiencing the problems that your business provides solutions for. Birds of a feather flock together. What personalities tend to have the same problems? What organizations market to your problem child? What products does your problem child purchase that are complementary to your business? Finding your group could potentially lead you to the client mother lode! 
  3. Bankroll Your Brilliance You should be in business to make money. Of course you will and need to provide value! Yes, you have a heart of service to all mankind! But business is about engaging in a transaction for commerce. Are you ready to be in business or do you like playing with your hobby? If you are in business, you must establish pricing. What is the price your market will pay for the solutions your business provides? Do the research. Make sure your fee supports your level of excellence. Unapologetically set your fee and confidently quote your pricing.
  4. Eat More Fruit Business owners often go after the low hanging fruit - what is easy to get, what is simple to handle and what is the obvious solution. What about the fruit that takes a little work to eat? The orange is refreshing once you peel it. Peel off the outer layers of your customers. What other service do they need from you? What other services could you offer them? Do you have add on values that could be up charges? You already have the customer so don’t hesitate to probe for more!
  5. Learn To Ask You have not because you ask not. Your network is your net worth. That doesn't mean that your sorority sisters, family or friends are your customers so don't get mad if they don't or won't buy what you have. Are they your customer? If they aren’t, who is? Learn to ask the right questions and ask for the right business. Also, don’t assume everyone knows what you do. Ask your network if they know someone who could benefit from your business. Ask them to connect with you. When someone does business with you, ask for a referral. Word of mouth marketing is the original and one of the best sources of advertising there is. Learn to ask!
By Marquita Miller 25 Jul, 2017
  1. Problems Yield Money Change how you think about problems. Your business is a solution to someone else’s problems. You are solving, answering or providing a solutions. Start thinking about streams of income when you hear someone say they have an issue or a problem. Your talents, gifts, experience and knowledge are solutions! What solutions do you provide?
  2. Find Your Problem Child Surround yourself with people who are experiencing the problems that your business provides solutions for. Birds of a feather flock together. What personalities tend to have the same problems? What organizations market to your problem child? What products does your problem child purchase that are complementary to your business? Finding your group could potentially lead you to the client mother lode! 
  3. Bankroll Your Brilliance You should be in business to make money. Of course you will and need to provide value! Yes, you have a heart of service to all mankind! But business is about engaging in a transaction for commerce. Are you ready to be in business or do you like playing with your hobby? If you are in business, you must establish pricing. What is the price your market will pay for the solutions your business provides? Do the research. Make sure your fee supports your level of excellence. Unapologetically set your fee and confidently quote your pricing.
  4. Eat More Fruit Business owners often go after the low hanging fruit - what is easy to get, what is simple to handle and what is the obvious solution. What about the fruit that takes a little work to eat? The orange is refreshing once you peel it. Peel off the outer layers of your customers. What other service do they need from you? What other services could you offer them? Do you have add on values that could be up charges? You already have the customer so don’t hesitate to probe for more!
  5. Learn To Ask You have not because you ask not. Your network is your net worth. That doesn't mean that your sorority sisters, family or friends are your customers so don't get mad if they don't or won't buy what you have. Are they your customer? If they aren’t, who is? Learn to ask the right questions and ask for the right business. Also, don’t assume everyone knows what you do. Ask your network if they know someone who could benefit from your business. Ask them to connect with you. When someone does business with you, ask for a referral. Word of mouth marketing is the original and one of the best sources of advertising there is. Learn to ask!
By Marquita Miller 02 Jul, 2017

Whether it’s not working out, eating out way to much or procrastinating, we ALL have bad habits. We often accept our bad habits without thinking about how they may be roadblock to accomplishing our goals.  Bad financial habits are roadblocks as well. When it comes to making the most of your money, consider curbing the following habits that may be taking a toll on your wallet.

1)   Ignoring bills
Just because you don’t look at them doesn’t mean they don’t exist. Mail has an unfortunate way of piling up quickly. Take a few minutes each day to sort through your papers to make sure you don’t miss bills or other important paperwork. Setting up automatic payments through your bank or through your creditor can make this process easier.

2) Maxing out credit cards
 The key to credit cards is to pay off the balance each month. You do not want to spend up your credit limit and just pay the minimum payment each month.  Read your statements closely each month.  Credit card providers are required to tell you how much you'll pay and how long it will take you to pay off your card if you only make minimum payments.  

3)   Not contributing to your 401(k) plan
Investing in your retirement plan is vital to your positive financial future. If you have an employer that matches contributions; make sure you take advantage of that match by investing the maximum amount. This is basically free money towards your personal savings.  

4)   Spending blindly
It is important to be aware of how much money you spend on a daily, weekly and monthly basis.  Small purchases can add up very quickly if you are not tracking your spending every day.  $10 each day eating out and buying coffee is $50 each week.  That's $200 per month or $2400 per year!  Don't think you spend that much?  For one week, write down everything you spend. EVERYTHING.  At the end of the week, add it up.  Multiply that by 52 for an idea of how much blind spending you actually do.

5)   Not having an emergency fund
It is important to save for emergencies.  Emergencies WILL happen but they do not have to break the bank if you have a savings plan for them.  Just finished paying off your car?  Put the amount of your car payment in a savings account each month.  When it's time for new brakes or new tires, you've already saved for them!


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