@ShanesiaWinston - Propel Your Business' Expansion and Claim Your Territory By Shanesia Winston

Propel Your Business' Expansion and Claim Your Territory By Shanesia Winston Self-made millionaires are born game changers. To a majority, they are champions. To a bigger league, they are contenders. Millionaires do more than just survive in business; they bring new thrills the game. One secret I know is that they do thrill us in more ways than one by generating multiple streams of income. My fascination with self-made millionaires does not end with the continuous flow of wealth these various income streams may bring. Not only with generating regular cycles of 6-7 figure revenue, but gaining more wealth through preserving the reputation that goes with owning a territory or more dominion for business. Now, how I claimed my own territory and tapped into self-made millionaire secrets is what I share to my clients. I teach them how to build multiple streams of revenue for their business and these are some of the ways. #1 Add "to die for" products Your "to-die-for" products or services should be utterly unique that only YOU can deliver or solve, as if you have created a whole new industry totally owned by you. So unique that they are the best remedy to a certain addiction, "the only fix offered" or insatiably interesting. When marketing, "Think global, not local." Go for expansive worldwide distribution of your goods and services. Mark new territories outside your locality or open a secured e-commerce website. A new store always means a new source of revenue. While the rest of the brick and mortar business stops operating during daylight hours, an online facility can continue to draw customer attention and sales 24/7. Customers may enjoy personal services from you, but taking home these products is like taking home a piece of you. A tangible "to die for" product remove the boundaries from just making local sales. The sky is the limit and sending your product around the globe is attainable. #2 Get savvy with residual income This is the sweetest thing that can happen to all people in business. Residual can be automatic income. Something that can generate all by itself after a single contract or an investment. Usually, this is capital intensive but requires less hands-on action. Best examples are royalty sales from inventions, books and music. It can come also from residential rentals, insurance renewals and the best example a store that can sustain all by itself 24/7. In a small scale business scenario, a gum ball machine is an example of a residual stream of income. Drop it off at a location, do maintenance when needed and then collect your money. Place several of these planted around key locations can rain in a huge cash flow. #3 Teach others what you know The Dalai Lama once said, "Share your knowledge. It's a way to achieve immortality." This adage also makes a strong connection when you are a respected industry leader. People would pay good money to learn from you or just even see you live or hear you speak. If what you have is highly precious and your true passion moves others, then offer paid classes and show people how to perfect their craft. Why keep the goodies to yourself. Teach people what you know and love, all while getting paid for it. Don't be stingy. There's enough money for everybody. #4 Get your referrals popping Create your own referral program. This can be very lucrative if set up properly. You can have a mountain of people promoting your services and products while the only thing you have to do is honor the sale. You can get people involved in moving your goods by offering a generous compensation package. It also gets them more motivated to sell if your product gives a special one of a kind "fix" and a creates a clamoring demand in the market. In this case, it would be great to take advantage of business people who love to sell other entrepreneurs' products for a nice commission. #5 Have a continuity program Establish an exclusive membership program charging monthly or annual membership fees. This can be in the form of a VIP or private coaching club where you can impart your skills to members who need development in a certain area in their skill set. A paid subscription for services is also one of the best examples around. You can develop your own. If your masterpiece is worth its weight in gold to you, it can be worth more if a multitude pays for it at an affordable monthly price. I brought myself to newer heights of success last year with these pointers in mind. I wish these imparted notes will help propel your business expansion this year. -Shanesia Winston Savvy Business Makers, LLC www.SavvyBusinessMakers.com F: http://www.facebook.com/shanesiawinston T: https://twitter.com/#!/shanesiawinston