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Home > The FITSPRO Podcast > 098 | Ways To Make More Money In 2021


	Podcast:		The FITSPRO Podcast
	Episode:		098 \| Ways To Make More Money In 2021
	Category:		Health
	Duration:		00:22:47
	Publish Date:		2020-12-09 12:00:00
	Description:		Ways to make more money in 2021. If 2020 showed us anything, quite literally on a global level, it’s that we may not be as secure as we thought we were, financially. Now, I fully realize that not everyone has the privilege or even the capacity to think about how to make more money, create more streams of income, or create a larger nest egg for when shit goes sideways. But, a fair amount of people, do. And can. That’s who I am speaking to today. If you have a business or a side hustle. This one is for you. Even if you don’t, this episode may be helpful. I was fortunate enough to continue growing my biz through the pandemic (which mind you, we’re still in, here in the states anyway). But that doesn’t mean I didn’t think about what would happen if I lost my client base, and thus, my income. It’s an unsettling thought. The plus side to having your own business, or side hustle, is that you have freedom to pivot. Even if it is forced upon you. Your employment likely doesn’t depend on the government mandates. And that’s a beautiful, beautiful thing. This is also a reason that I am SO FOR people building side hustles and/or having multiple streams of income no matter what. This is doable even if you work a normal, 9-5 or simply aren’t self employed. Having multiple streams of income is generally a safe bet - again, if you have the capacity to do so. That is in fact the first way to make more money in 2021 Explore how you can create multiple streams of income This does not have to be huge or monumental. You don’t have to create new programs or a full blown course. Though, you certainly CAN. Working with brands is a great way to do this. While affiliate marketing is not the bulk of my personal income, it certainly is a nice trickle of extra income. Especially when times get rough. If there is a brand you’d like to work with, reach out to them. Ask, or apply to be an ambassador. The worst that happens, is they say no. Another way to create streams of income is to create a new product or course, or even branch of your business. It benefits me to coach strength and conditioning, as well as business. I am also aware, if I needed to, I could become a style YouTuber and blogger. I love hair, make up and style, or I could build out a planner and sell it. There are options, if I truly ever had to rebuild, and you better believe I have 100% thought about this. Looking at worst case scenarios and how you would come back from them is one of the BEST TOOLS I ever learned. And I learned it from Tim Ferris in the Four Hour Work Week, which I highly suggest you read. It’s applicable to those who work in an office or a 9-5 job as well. So, you can reach out to brands and focus on affiliate marketing, or create new products/services. You can also invest. Anytime you can make your money make you more money, you’re winning. You’d obviously want to consult with a financial advisor in order to do this safely and effectively. If you don’t have a side hustle, but you have a hobby, or something you enjoy doing, then ask if there is a way to monetize that? Again, I am speaking to those wanting to make more money in 2021 and willing to put in the necessary work to do so. Looking for ways to create multiple streams of income is the ticket. With that, let’s say you have one high end offer. It’s expensive, and you don’t need many clients in order to make a solid income. Great. Now, your offer pyramid is where we do a few things: Add MORE VALUE to our current clients - these people are your hottest leads and the most likely to keep purchasing from you.Creates another level of entry point for new customers who aren’t ready or aren’t right for your high ticket offer. Win for you, and for them.And creates more total profit for you. Now, I don’t suggest offer pyramids until you’ve nailed your higher ticket offers and philosophy. But we’re talking about how to make more money, here.
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