The $100 Startup
Problem-solving
Increase your income by tweaking your business
from The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future by Chris Guillebeau
How to Apply This
- Set aside dedicated time every day to work on business improvements.
Create a schedule that allows you to focus on making changes to your business that can increase your income. Set aside time to work on your website, marketing campaigns, and product or service offerings. - Implement strategies to boost traffic, conversion rate, and average sales price.
How will you increase the number of people who visit your website, the percentage of visitors who become paying customers, and the average amount of money each customer spends? Brainstorm ways to achieve this and implement those strategies right away. - Transform your business from product-based to service-based or vice versa.
Explore opportunities to diversify your revenue streams by offering complementary services or products to your existing ones. This can help you attract a broader range of customers and increase your income. - Try out new strategies to acquire more customers.
Implement different tactics to encourage customers to spend more money with your business and refer others to your products or services. These strategies could include upselling, referrals, contests, and guarantees.
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