Though the terms are often used interchangeably, there’s a BIG mindset difference between a “small business owner” vs. an “entrepreneur”.
Most “small business owners” are 100% focused on driving more sales of one main product – to the point they have blinders on and simply do not see other opportunities to create wealth.
High-income earning “ENTREPRENEURS”, on the other hand, bring together different sources of revenue.
I ask all the time: why refer and get 10%, when you can add a stream of revenue and get 100%?
Dream Business Entrepreneurs Leverage Multiple Streams Of Revenue
This is a key focus of my work with members of my Dream Business Mastermind and Coaching Program.
In fact, I recently outlined the strategy during a live training in my Facebook group.
See, I have about two dozen websites – here are some of the main ones:
My Facebook Group – I go live almost every day and it’s a great chance for us to chat directly
Captain Jim Palmer – tune in to my weekly podcast, check out the Marketplace (for on-demand courses, which many of you said you wanted to see), and enjoy my posts.
Dream Business Coaching and Mastermind – everything from coaching, to masterminding, to literally a Business-In-A-Box at the VIP level
The Private Fast-Start Coaching Program – where you and I work one-on-one to create your multiple streams of revenue
No Hassle Newsletters – the #1 customer retention and referral tool I’ve built several businesses with over the past 40+ years (I print and mail newsletters, too!)
Custom Article Generator – need content but can’t get to it? I’ll write it for you!
Success Advantage Publishing – here’s where you’ll find all 12 of my Business-Building books
How to Sell From the Stage Like a Pro – includes both a course that creates your signature talk, and the chance to work with me and create your entire live event!
Our Floating Home – my wife Stephanie and I chronicle our adventures living full-time on our boat and traveling up and down the Eastern Seaboard
As you go through these various websites, you may notice how the various products and services complement each other.
It’s Pretty Simple To Identify YOUR Multiple Stream Of Revenue Opportunities
Ask these questions:
What do your current customers ask for that you don’t currently provide?
When you find out your previous customers went somewhere else, what made them switch?
What do your paying customers ALSO need in order to get the most out of what YOU offer?
What’s holding your customers back from getting the most out of what YOU offer?
I bet you find lots of revenue streams within your answers to these questions.