How to Survive Lean Times When You're a Solopreneur

Written by Susan Dunn, M.A.

Building a viable coaching practice takes time, sometimes months or years before your practice is self-sustaining. Here are some ways to supplement your income in lean times, generate money quickly when you need it, and make productive use ofrepparttar extra time.

1. Take a temporary job or part-time job that still allows you time to coach clients and build your practice.
It generates income, but also extends your reach. You'll meet new people who might need your coaching services Everyone's curious about temps! You'll also get a taste of different offices which will make you a better coach inrepparttar 117588 long run.

2. Have sources of passive revenue -- tapes, ebooks, Internet courses.
Run a special. If they buy inrepparttar 117589 next two weeks, they get half price. Give a Bonus -- buy one, get one free.

3. Make a push for referrals. Offer a bonus for referrals.
We so often forget to ask our current clients to recommend us to their friends! You should always be working referrals, but at low times, go back over your list. Email, phone, or ezine your list asking for referrals. Don't forget to ask other coaches for referrals.

4. Go back overrepparttar 117590 80-20 principle.
20% of your efforts and clients probably account for 80% of your revenue and return. Go back over your data and see whererepparttar 117591 20% is.

In doing that, you'll re-findrepparttar 117592 'sphere of influence' clients who've referred a lot of other clients to you or helped you in other ways. Take this time to take them out to lunch, write them a thank you note or call them and ask them how they're doing.

Insider Secrets To Internet Profits

Written by John Colanzi

Why are you onrepparttar internet?

Are you here to show how smart you are?

Are you here to show how many tricks you can get your web site to do?

If that's what you're into all well and good. I'm here for a different reason.

I'm here to avoid that four letter word called work. My goal is to simplify my life not complicate it.

I do my best to become dumber every day.

I do my best to write simple and torepparttar 117587 point.

So what isrepparttar 117588 simplest way to market? There is one method that guarantee's your success.

Build your list and keep in touch.

The old adage "repparttar 117589 numbers don't lie," is bull. A thousand visitors to your web site, isn'trepparttar 117590 same as a thousand email addresses added to your list.

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