How to Make More Money Without Having to Create a Product Yourself

We all want to grow our business without burning out. But how can you generate more revenue without the heavy burden of creating a brand-new product or service? That’s exactly what we’re about to dive into.

Let’s cut to the chase—here’s how you can make more money without ever creating a new product yourself.

Imagine this: you’re able to serve your customers even better and increase your revenue—all without the stress, time, and cost of developing something new. Sounds great, right? Now, let me show you how it works.

Have you ever thought about expanding the number of products and services you offer? If you’re already delivering quality, your customers probably trust you. And when they trust you, they’re more likely to buy additional products or services that you introduce, recommend, or endorse.

But here’s the problem: most businesses don’t have these additional products or services ready to go. So, what’s the solution? Instead of immediately jumping into product creation mode, consider this: “What other products or services could my customers find valuable?”

There are two main approaches here. The first, which is the most obvious, is to create a new product or service yourself. But before your brain goes straight to the workload involved, let me introduce you to the second option—selling other people’s products.

Yep, you don’t have to create something yourself to offer more value to your customers. This is where affiliate programs or referral-based agreements come into play.

How does it work?

It’s simple. Companies give you permission to refer clients to them, and when those clients make a purchase, you earn a commission. Easy, right?

Let’s look at a practical example. Think about a landscaper. The clients love the work he does on their lawns and gardens, but they might also need services he doesn’t offer, like tree trimming, fencing, or even an outdoor kitchen. Instead of trying to do all these things himself, he could refer them to trusted service providers. The landscaper could negotiate a commission, say 10% to 25%, from each sale. That way, he increases his revenue without having to lift a finger to offer those services himself.

That landscaper could double their annual revenue by simply becoming an affiliate for those additional services. Imagine the possibilities for your business!

But, if you do want to create something yourself, you don’t have to start from scratch with a big investment of time or resources. Take it from me—I'm a business coach who has done this successfully. For my top-tier clients, I’ve created a range of additional services: access to an online business academy, weekly implementation workshops, and monthly mastermind sessions. These add immense value to my clients while setting me apart from competitors. And guess what? The cost to develop these services was minimal.

Here’s the big question for you—how many additional offerings could you create or affiliate with right now? If you want to learn how to tap into the power of affiliate marketing, streamline the process, and even start seeing results in a matter of weeks, I’ve got something for you. I’m offering a Free Business Assessment where we’ll explore ways to grow your income without creating anything new. It only takes 5 minutes to take the Profit Power Assessment. Take the assessment to discover key strategies for increasing revenue and optimizing profits.

Ready to make more without working harder? Let’s connect today!

Larry Davis

Business Coach

@DavisCoaching