There are many people out there who want to know how to make more money from home. Are you one of them?
In the video below, I’m going to share multiple ways to do just that.
HOME BUSINESS BOOTCAMP {EVENT}
On May 21st, will be hosting our first Home Business Bootcamp for entrepreneurs in Adamsville, Tennessee! This will be a one day only event (from 9am-2pm) with a deep dive into marketing, branding, prospecting, recruiting and much more. If you’re close to Southwest Tennessee or know anyone in the network marketing or home based business industry that is, have them check out the details and grab your tickets here! This will be a small event so seats are limited. Hope to see you there!!
More Resources:
8 Steps To Supercharge Your MLM Business
5 Ways To Work Smarter Not Harder
How To Make More Money:
All too often people tend to put all their eggs in one basket by only having one way to make money. I see a lot of network marketers who don’t have any other way to make money aside from their primary mlm.
The thing is, there is so much money being left on the table by doing this and what happens if the company you’re with gets shut down or goes out of business? Well, I’ll tell you what happens, your income vanishes and you’re left devastated.
Another truth is that most people aren’t going to be interested in the one thing that you’re offering so why be a one trick pony? Why not get creative and learn other ways of adding income so you’re able to not only serve more people but make more money off of the vast majority who will never join you?
A few ways to make more money is to
- Become an affiliate by promoting products created by other people. If you’re big into personal development (which should be a part of your daily routine anyway) find out if the courses you buy will allow you to promote them as well. There are also websites out there that will allow you to join for free such as Amazon. Therefore, if you mention a book that you got value from or products you’ve purchased, you can create a link to share with others. When a person then goes to that site using your link and buys, you will generate a commission.
- I am a member of a marketing system that has been valuable to my own business growth. It provides training on a ton of marketing strategies and gives people the tools and resources they need to grow their businesses online. A big perk to this is they allow their members to become an affiliate so as you share the system with others, you earn a commission each month from those you refer (kind of a no-brainer to me).
- Create your own products
- Write a e-book or guide to help those in your target market
- Host webinars and charge a fee to attend
- Coaching. There are many different types of coaching you can do and I plan on diving more into this soon but you can create coaching packages and charge a fee.
- Live training events
Just make sure that whatever you’re doing is congruent. For example, I wouldn’t suggest joining multiple network marketing companies (even if they are completely separate products) but instead focus on how to add income streams that will go along with what you’re already doing. So for me, I’m with a MLM but I also promote training courses, a marketing system, provide coaching and will be doing live training events that will help those in the network marketing industry. Make sense?
The Tools I Use to Build My Business:
- My Toolbox – I have been asked quite a bit about what tools and resources I use so I’ve put together this page just for you! Enjoy 🙂
Was that helpful? If so, I would greatly appreciate if you commented below and shared it out so we can help more people!
txt me @ 731-926-6412
Email: Sherri@SherriBrownCoaching.com
Facebook: Sherri Brown Coaching
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P.S. If You Aren’t Generating Leads Into Your Business and Your Upline Doesn’t have An ONLINE Marketing Blueprint In Place, Click Here For Access. (Unless you have too many leads already)
See Ya Next Time!
Great post Sherri…. totally agree with your points… great value here… thanks for sharing this
Thank you Ron! Appreciate your feedback.
Become an affiliate by promoting products created by other people is a KEY Ingredient when looking to maintain multiple streams of income. Thx for sharing such value.
You’re welcome Terrance and yep, I agree. 🙂
Never put all your eggs in one basket!! Great info here!!
Thanks Rhonda!
So true- MLMs come and go all the time. Multiple streams is an absolute must. Thanks for the post.
You’re welcome Joseph!
great tips sherri.. love reading your blog!!
Thank you Ganesh! You rock. 🙂
Your points are right, Sherri. With MLM, we can go forward from selling to training courses, coaching, having webinars, etc. The growth actually is endless and that makes marketing industry more successful. Thanks for all the tips.
Yes, there are so many possibilities and you’re more than welcome!
Sherri…The ideas for making money are so on point. You gave some great ideas on how to create those multiple streams of income! Thanks 🙂
Thank you Theresa! 🙂
Definitely agree that all your income streams should not interfere with each other, and everything should be congruent! Thanks so much for sharing this Sherri!
You’re very welcome Jelena and yes, making sure they don’t compete is important!!
Great post Sherri! You nailed it again! Too many people get into networking and leave all their eggs in one basket, I couldn’t tell you the number of people I know that have then lost it all when something happens to that one company! Like you said find an affiliate that will help you build your business and also give you an other avenue to those that say no! Thanks for sharing!
You’re welcome Zach and yes, I’ve heard several people who have went through that same thing!
All of these are excellent ways to make money. My favorite is doing webinars!
Dr. Lisa
That’s awesome Dr. Lisa and thank you!!