37: Rev Up Your Revenue: Finishing 2023 Financially Strong
If you've ever felt stuck or unsure about what steps to take next to make more money in your business, this episode is for you. We'll discuss four key points that can help you generate revenue and achieve financial success as you rev up your revenue to finish 2023 financially strong. Focus on Revenue-Generating Tasks When you're unsure about what to do, prioritize revenue-generating tasks. Ask yourself, "What are my revenue generating tasks for today?" Whether it's making cold calls, following up with clients, creating new products, or launching a new side of your business, start with activities that directly contribute to your income. By tackling these tasks first, you'll set yourself up for financial growth. Create a list of revenue-generating tasks and keep it accessible, whether it's in a Google Docs document, a sticky note, or a project management tool like Asana. Whenever you feel stuck or uncertain, refer to this list for guidance and inspiration. Having a clear roadmap of tasks will help you stay focused and motivated to take action. Create Layers in Your Business to Rev Up Your Revenue If you already have a successful product or service, consider expanding your offerings. However, ensure that your existing offer is already making money and performing well. Creating new products or services prematurely can divert your attention and hinder your ability to refine and perfect what you already have. Think about how you can add layers to your business. Is there a higher-tier comprehensive package you can offer? Could you introduce a subscription model? Are there seasonal opportunities, like creating special holiday-themed products, that can boost your revenue? Explore ways to diversify your offerings while ensuring each addition aligns with your core business strategy. Level Up and Plan Ahead to Finish 2023 Financially Strong Take stock of what you've already created and consider how you can improve or expand upon it. Invest in your personal and professional growth by seeking additional education, certifications, or courses that will help you reach the next level. Plan ahead for your next steps to proactively position yourself for increased earnings. Revamp your packages and consider acquiring more credentials that allow you to charge higher rates for your services. Investing in a coach or mentor who specializes in pricing and packaging can be immensely helpful, particularly in service-based industries where determining fair pricing can be challenging. Allow Sufficient Time for Launches If you have plans to launch something new, give yourself ample time to execute it successfully. Whether it's a product release for Black Friday or a holiday-themed offering, starting early gives you a longer runway to plan, refine, and promote your new venture effectively. By focusing on revenue-generating tasks, diversifying your offerings, leveling up your skills, and allowing sufficient time for launches, you can position yourself for financial success. Remember, taking action and staying consistent are key to achieving your goals. Start implementing these tips today, and watch your business thrive. Other Episodes Mentioned Today Episode 36: Reignite Your Business: A Fresh Start for the New School Year Episode 34: The Power of Networking and Connecting for Every Business Owner with Sara Barco Episode 33: Self-Investment Secrets: Fueling Your Entrepreneurial Journey LISTEN HERE: iTunes | Spotify | Amazon | Google | YouTube Episode Links Ready to try Kartra? Get a $1 14-Day Trial Here! Need a little empowerment in your life? Need a little encouragement, prayer, or just plain tough love? We’re here for it! Book an Empowerment Call with us as we take a peek into your business, offer some advice, and help you get past the roadblocks you might be facing. Sign up here. Leave us a review on iTunes! Help others find the podcast. Take a moment to leave us a 5 star review!