Three ways to make money

Three ways to make money

I was talking to my dear friend today, I just love her so much. She doesn't make a lot of money but she does do a lot of good and she over-delivers on everything she does.

So I was talking to her today about her business and I told her something (free of course, I'm not charging during this time)

I want to share it with you.

There are only three ways to bring in money. There aren't 4, 5, 10, 1,000, millions there's literally only 3 and I want to explain in simple terms what they are.

1. More customers.

That's what most people focus on. If they are business owners looking for more money they look for more customers. If they are employees they look for more hours. That's by far the most common way to get money.

2. Offer more things to sell to new and existing clients.

The more times your customers can willingly reach in their pockets to pay us the more money we can get. I suck at this. I'm the absolute worst at this because when I create something new I just give it to them for free. I worked so hard to get them in the first place i don't want to lose them so I give it to them for free. I'm not into the upsell.

3. Sell at a higher price.

Walmart sucks at this. Everyday low prices. They actually avoid this category and they live in number 2. They want you to reach in the pocket as many times as possible. I personally would rather offer more products and services and raise the price. Real Estate agents aren't good at this either. They all stick to the 6% model. Can you sell it for 10%? Sure you can but You'll sell less houses and offer more services to do it.

That's it.

There's no other way.

Now you can boil this method down to a job or selling household items on the Facebook marketplace.

I hope this plants a seed in someone's head and they can do something with it.

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