With everything going on in the world, more entrepreneurs than ever before are searching for strategies to help them generate “fast cash.”
So today, I’m going to teach you three of my favorites.
I’m not talking about get-rich-quick schemes…
But legitimate and easy-to-implement strategies that any business owner can use to make instant income (in any economy).
Remember…
No matter how bad things get, your customers are still out there and they are still buying.
And with a few simple tweaks…
You can get them to buy a LOT more today.
1. Leverage High Ticket Offers
Have you ever met someone who always wants the most expensive and high-end item?
The person who buys name-brand shoes or clothes even when they could spend less while still getting the same quality?
Or the person who would rather spend $40,000 on the highest-end Honda even though a $10,000 barebones vehicle will get them to and from work just as efficiently.
Well guess what?
There are people just like that inside your business.
You have customers and prospects who would rather pay you $2,000 a month for direct access to you and your best material than $497 a month for your group coaching program.
They would rather spend $20,000 a year to join your in-person mastermind than spend $35/month for your online alternative.
Customers like this are “low-hanging fruit” sitting in your database just waiting to generate fast cash.
The problem is that most entrepreneurs never give these people a chance to invest more because they’re too scared of going for the sale.
Listen, it’s unlikely that you will sell 85% of your existing clients or prospects on your highest-tier products or services.
But those 15%?
They are willing and eager to invest with you…if you will only give them the opportunity to do so.
On your next sales call or in your next product funnel, I have a challenge for you.
Once the sale is made but before you deliver the first product, ask your prospect a simple question.
“Are you interested in a bigger outcome?”
If they say “Yes,” then you can segue into a pitch for a bigger package…
If they say “No,” who cares? You still made the sale and lost nothing.
I’ve used this exact tactic to upsell $5,000 coaching clients into my $20,000/year mastermind…
And to upsell $20,000/year mastermind members into my $25,000/day 1-on-1 coaching.
It’s worked for me and it will work for you too.
2. Remember – The Money is in the Follow-Up
What if I told you that you could generate 20% more revenue in your business this week, without:
- Investing in expensive marketing campaigns - Buying media - Hiring a PR agency or out-of-house marketing team - Or spending any more money on your business than you do right now?
Well, you can.
In fact, using this “Monster Follow Up” strategy, I’ve helped clients more than double their conversion rate, quite literally, overnight.
Most entrepreneurs are terrible at follow-up.
When a new lead hits their inbox, they will message them once and, maybe, if they’re experienced two or three times.
Listen, lazy follow-up does not work in 2023.
People are busy. They have mortgages to pay, kids to raise, businesses to run, and thousands of tiny distractions diluting their attention.
If you are not intentional and aggressive with your follow-up, you won’t even appear on their radar and they’ll forget all about you in a matter of weeks.
Remember, your goal here is to generate fast cash. Success loves speed, and delay kills dreams.
So here’s what you’re going to do:
The second a new lead comes into your business, you or one of your team members will immediately follow up with a phone call…
If they don’t answer, you’ll send them a text message…
If they don’t respond to that, you’ll find them on Facebook and send them a message there…
And if that doesn’t work, then you’re going to hunt them down on Instagram and send them another<> direct message.
I know this might sound like overkill, but you need to remember…
These people came to your business because they have a problem. There is something in their life that isn’t working and you have the solution.
If you had a friend with a serious medical condition and you knew of a new treatment guaranteed to help them fix their health, would you just send them one text and hope for the best?
Of course not! You’d beat down their door if you had to and you wouldn’t stop until you got ahold of them and helped them solve their problem.
And, if you’re still worried about ‘annoying’ your new lead, I want you to re-read that last section… because you aren’t done following up yet.
In fact, you’re going to use that same follow-up formula (phone call, text message, Facebook message, Instagram direct message) for the next three days.
If you do this your conversion rate will skyrocket…
And you’ll quickly realize just how much money you’ve been leaving on the table.
3. Harden-Up Your Offer
After working with hundreds of entrepreneurs, I’ve noticed that so many people are trying to sell soft or “unsellable” offers.
Or rather, that they are making their offers unsellable by positioning them in the wrong way.
I hate to be the bearer of bad news, but people don’t care about your “confidence coaching” or your “mindset program.”
They only care about three things:
1. Making more money 2. Changing their body (gain muscle, lose fat, get healthier) 3. Having more sex (or improving their relationship, which…leads to more sex)
And if you aren’t directly addressing and solving one of these three problems...
You aren’t going to make the money you want.
So does this mean that you shouldn’t offer confidence coaching or help people fix their mindsets or get more motivated?
Of course not!
In fact, as a business coach, about 70% of what I do revolves around helping people become more confident, fix their mindset, and get more motivated.
But you can’t sell those things.
You have to sell them on the tangible benefit that will result from those things.
Think about it…
People want to be more motivated so they can:
Make more money… Change their body… or Have more sex.
People want to fix their mindsets so they can:
Make more money… Change their body… or Have more sex.
People want to boost their confidence so they can:
Make more money… Change their body… or Have more sex.
So, by all means, offer those services to your clients. But don’t sell them on those services.
When you use this knowledge to “harden-up” the positioning of your offers and marketing…
You will see your sales start to improve almost overnight.
If you want more help on EXACTLY how to implement and execute these and dozens of other “fast cash” strategies in your business…
I strongly recommend attending our 1-day Instant Income Intensive virtual event, taking place on April 27th.
A quick warning though — seats are very limited and filling up fast.
So if you’re looking for proven ways to quickly add new profits to your bottom line…
...WITHOUT making any huge changes to what you’re currently doing…
>>> Go here to join us and learn how to generate FAST cash in your business
Success Loves Speed,
Craig
PS - Here’s what some of our clients have already said about this training…
“I went through the Instant Income checklist and made $4,000 in 4 days using the strategies to reactivate past clients and get more referrals. It reminded me to do things which I simply forgot to do consistently and I think that’s where the biggest strength of this program is - to remind us of the simplest ways to make money fast in our business.” - Petar J
“I just sold another high package – my fourth in 8 days. Thank you for helping me with the Instant Income System. This will be my best month ever.” – Shannon L “The 1st P has been a game changer for me. It’ll add $5,600 to my bottom line.” – Britt L
Get the same strategies they used HERE
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