With business comes uncertainty.
If you’ve been in business for any significant amount of time…
Then you know that it’s not always sunshines and rainbows.
There’s the ups and the downs.
It can be a weird contradictory mix of euphoria and concern.
One moment you’re on cloud nine because you just landed your biggest deal…
And the next month you seem to be having cash flow issues.
While 2024 for us, is pacing to be our best year to date!
I’m nooooo stranger to cash flow issues in the past.
Here’s a sneak peak of the 3 strategies (I go deep into the exact scripts and steps on the podcast).
1. Launch a new offer
Before your mind starts wondering about the amount of work this might take, let me start by saying not to think about building an entire new product or service.
Simply ask yourself “what is a very specific need that my audience has that I can solve?” For example: Instead of a broad course on social media marketing, get specific and create a short course that teaches how to get 10k followers in 30 days or how to create the 5 most powerful reels for audience building.
Something short, specific and meausrable will sell over broad and conceptual.
On the podcast, I share my favorite strategy that almost takes no-time, but can make you a few thousand in under 5 days.
2. Offer limited one-on-one coaching
Hands down the fastest way to make money is one-on-one coaching. It’s obviously not scale-able but for initial momentum and immediate cash flow, nothing is better. It’s also a great way to build confidence and hone your skill more.
There is a simple email strategy that can make this happen in under 24 hours…which I share on the podcast.
3. Run ads (especially if you never have before)
There isn’t a faster way to scale your business than to run ads. I’ll admit I was late to the party with ads but when I did decide to go all in – years ago – my business and launches grew exponentially almost overnight.
When I’m not running ads, my minicourse make about $15K per month, but with ads they make $50K per month. The difference is profound.
On my ELITE coaching call this month, I shared some simple stragies for using ads to scale your coaching business. If you’re serious about scaling, you can book in a quick call to see if you are a good fit.
For a full breakdown and examples of each strategy…
Make sure you tune in and listen!
>>> LISTEN ALL PODCAST PLATFORMS: Episode 231 | 3 Quick Cash Strategies
>>> iTunes ONLY: Episode 231 | 3 Quick Cash Strategies
Cheers!
Colin “Million-Dollar Roadmap” Boyd
P.S. If you haven’t yet checked out my Conversion Story Formula™ it’s been getting crazy results for people. We have had over 7,452 people join it in the last few months! So many of them are already designing their signature story in under 48 hours and are sharing it with their audience! Don’t miss out any longer!
Create your Conversion Story
P.P.S. I just shared on my youtube The One Psychological Shift You MUST Make In Order To Feel Comfortable Selling – Check it out here (and remember to subscribe)