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10 Income Generating Activities To Try Out In Your Business
“If you want your income to grow, you too must grow.”
~ Idowu Koyenikan
In this piece, I want to talk about “income generating activities”, what they are, how you identify them and some specific activities you can do to bring more money into your business this year.
Let’s start with what I mean by income generating activities. These are the things you do in your business that generate new clients or more sales in your business. They are not the products or services themselves (because it’s absolutely possible to have a solid suite of products and services and not be making money) nor is it the creation of them. Instead it’s what you do in your business to generate more sales of the ones you’ve got.
Now before I start to share with you my suggestions, I want you to stop for a moment and consider what has previously worked in your business to bring in money. Because here’s the thing, often when I talk to business owners, they are in what I call the feast and famine stage of their business growth, meaning they make some sales and all is well followed by a painful period of no sales and therefore no income.
Typically they’re looking for a coach precisely because they need more consistent income. When I ask these business owners what has worked to…