Have you noticed that no matter what’s happening with the economy, there are always businesses that thrive while others get trapped in a feast or famine cycle?
Inconsistent cash flow can be really stressful. You have a few months of steady, flowing revenue, then BAM: zip. zilch. nada.
Thankfully, creating steady income is something you can take control of in your business.
In today’s video, I’ll show you how to make it rain during a business dry spell and why you should never get too complacent in your business.
I’ll also talk about how, ultimately, YOU have the power to keep the cash faucet running steadily.
HINT: Pay special attention to tip #2 and implement it exactly as shown for best results. (You’ll see what I mean when you watch.)
Of course, these are just three simple ideas to get you started.
There are many more sophisticated tools and strategies to put in place to further support a steady and consistent income depending on your business model.
In the comments below, answer one or both of these questions:
1. What’s the best strategy you’ve used to get out of the feast or famine business cycle in your business? If you’ve got a great strategy, please include a bit about your business too.
I’d love to create a nice list of tactics and ideas for different businesses.
2. What’s the biggest, actionable insight you gained from watching this video? Tell me what you can implement right now in your business.
Of course, if you liked this video, share it with your friends. Thanks, as always, for tuning in to my how to start a business ideas!
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