Tips on Tips

Where Tips Can Improve Your Life

MAXED OUT

Work less and make more. Great idea, right? A question rattling around your brain might be how you can actually make that happen. After all, you love your work even though you feel like you’re occupied with it eight days a week. That leaves no time to enjoy much of anything else, and yes, you’d love to have more spendable money coming in, too. You’re quickly reaching or already reached the point of frustration, exhaustion, and desire to painlessly do something about all of this as soon as possible.

ONE BREADWINNER?

Your personal circumstance can be that you’re the only one earning any money in your household since you either have no partner or your partner is not able or willing to generate income. Even though you’ve been consistently earning enough to be worry-free, your energy and enthusiasm have been dwindling, now faster than ever.

There are solutions you’ve considered or heard about. None of those seem to have your name on them and those ideas require some heavy lifting in one way or another before you can reach your goal of working less and making more. So, what CAN you do?

ONE BREADWINNER?

Your personal circumstance can be that you’re the only one earning any money in your household since you either have no partner or your partner is not able or willing to generate income. Even though you’ve been consistently earning enough to be worry-free, your energy and enthusiasm have been dwindling, now faster than ever.

There are solutions you’ve considered or heard about. None of those seem to have your name on them and those ideas require some heavy lifting in one way or another before you can reach your goal of working less and making more. So, what CAN you do?

REALLY?

The first direction to explore is adding people to your team. Before you think of a zillion reasons why you don’t want to do that, notice where your thoughts might have led you. Did your first thought go to hiring salaried W-2 employees(an American designation)? Nope, not where this is going. Did you groan at the thought of having to train those you’re adding to your team? Nope on that, too. The additional people in this scenario are already well-versed and successful in their field, making them even more ideal and valuable for expanding your team.

So then are you wondering where this line of thought is going already, huh?

SOLUTIONS

How about forming joint venture relationships with people whose skills, gifts, talents, and business successes dovetail with yours? You can bring services to your audience beyond your personal expertise.

Instead of making the joint venture partner a salaried member of your team with the burden of providing a steady flow of business to them, you agree to share the revenue generated from each transaction. How you divide that is up to you and your joint venture partner.

Sounds pretty good, doesn’t it?

You offer your audience more services and your joint venture partner has more business and revenue than what’s generated solely from their own audience. In an ideal situation, you might even get business from your joint venture partner’s audience if that is appropriate or applicable.

Your joint venture partner gets new business and new income, you have a new service to offer that is delivered by someone else so you expand your revenue streams, and clients enjoy services they want and need to increase their company’s product and service line. Look at how many people benefit from this arrangement!

ANOTHER POSSIBILITY

A variation could be the joint venture partner is a vendor to your company instead. It’s a distinction with a somewhat small difference.Your company can still offer the colleague’s services to your clients and you either mark up the colleague’s service prices or the colleague pays you an agreed percentage as a referral fee for each sale made to your client. This could be the path you take when you are unlikely to serve each other’s clients.

Either way, you expand your business growth seamlessly while you help more people with new, related services so you make more money working less. Your business and your clients benefit plus your colleague benefits by having you as a client even if their people are an unlikely match for you.

SOUND FAMILIAR?

Imagine you are a corporate consultant with your own successful system for problem solving. People love working with you and you have wonderfully consistent positive results.Your only income stream is selling your time interacting with individual executive clients. At first blush, it appears the only way you can increase your profit is by raising your rates, inherently putting a cap on how much money you can make as a corporate consultant, at which you excel, by the way.

DEFINITELY POSSIBLE

Well, think about having your solo practice consulting company also offering:

• Book writing and producing a book of your expertise by working with a small book publisher overseeing it all from start to finish

• Public Relations company who does all the work to get you ideal podcast guest placements and trains you to be the greatest guest

• Translation services for over 120 languages to perfectly and appropriately translate your book, speaking, and any materials you create, expanding your reach and your bottom line exponentially

Your solo practice consulting company now has a team of experts helping your clients seamlessly grow their business and yours, while smoothly differentiating your practice from among the many other top-quality executive consultants in your field. Every bit of that leads to you working less and making more. And the odds are high that adding those services extends the life of that client relationship and size of the lifetime financial investment they make in your company’s services.

WHERE ARE THEY

While your mind hamsters are now running overtime with an idea that makes all the sense in the world to you, you might be wondering how to find these potential new team members for your business. Some likely directions to look are:

1. Ask around for referrals from people you highly respect.

2. Attend some virtual communities to explore the worldwide gold there.

3. Review your LinkedIn connections even if you don’t truly know them.

Visiting virtually is a useful way to explore how good a match you've made. Engage the colleague in experiencing a small piece of each other’s service. Once you’re feeling good about the interaction, simplify your life and theirs by creating a written agreement so you are both clear and don’t need to strain your brain to remember what was said.

Ponder how you want to allocate the additional time and money you now have.

SURPRISE!!

Well guess what? No, I’m not pregnant or getting married…LOL. One is impossible and as far as the other, he has yet to appear.

The above article is based on a true story right here at Tips Products Publishing Agency. I am delighted to tell you that each service area mentioned above is now available to you. There have been numerous productive and fun Zoom conversations over recent months. Plus, each of the three business owners were initially referred to me by people who are so trustworthy they are off the charts. Please read this next section again since there’s more information than when you read it above.

• Book writing and producing a book of your expertise by working with a small book publisher overseeing it all from start to finish, who has handled over 1,000 books in the past 12 years with some authors coming back 10-12 times.

• Public Relations company that does all the work to get you ideal podcast guest placements and trains you to be the greatest guest ever through various service bundles or ala cart.

• Translation services for over 120 languages to perfectly and appropriately translate your book, speaking, website, and any materials you create, expanding your reach and bottom line exponentially. 72% of the world does not speak English (That’s 6.1 billion people). Can you say”untapped opportunity for your business?”

SCHEDULE

Schedule a no-cost appointment with me at: schedule.tipsproducts.com/schedule to discuss what interests you so your experience is easy, effortless, and enjoyable beyond your greatest expectation.

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