{"id":1689,"date":"2012-06-25T11:11:41","date_gmt":"2012-06-25T15:11:41","guid":{"rendered":"http:\/\/www.completemarketingsystems.com\/cms\/?p=1689"},"modified":"2012-06-25T10:25:12","modified_gmt":"2012-06-25T14:25:12","slug":"are-you-overlooking-this-passive-income-stream-like-most-business-owners-2","status":"publish","type":"post","link":"https:\/\/www.completemarketingsystems.com\/cms\/are-you-overlooking-this-passive-income-stream-like-most-business-owners-2","title":{"rendered":"Are You Overlooking This Passive Income Stream?… Like Most Business Owners"},"content":{"rendered":"

\"\"<\/a>Do you want to make more money while working less?\u00a0 We\u2019re always looking for additional income streams in our businesses and ways to do things that generate money but don\u2019t create more work.\u00a0 You\u2019re busy and have enough work to do between staff and everything you\u2019re managing in your business.<\/p>\n

Think about this\u2026is there a way, in your business, right now, that you could create an income stream, or streams, where you are the conduit through which the product or service comes, but you aren\u2019t actually the one providing the service?<\/p>\n

Is there a way you can set up, in your business, services that someone else provides, someone else does, and you just get a percentage of the sale?\u00a0 Something like an affiliate, only it\u2019s an ongoing relationship.\u00a0 An ongoing joint venture that happens over and over again for you.<\/p>\n

For example, maybe you don\u2019t have the capability of offer website services, but you know somebody who\u2019s really good at building websites.\u00a0 So you contact them and tell them you would like to offer websites to your clients and have them actually do the work.\u00a0 Then, you work out a mutually beneficial deal.\u00a0 What happens is, you\u2019re simply the person who\u2019s the pass-along, or the referral source, or the conduit, and the other business is doing the work and you\u2019re getting paid a small referral fee.\u00a0 It becomes a passive income stream for you.<\/p>\n

There are a lot of different ways to do this in business, you just have to sit down and think about how it will work best for you.<\/p>\n

Another example would be if you\u2019re somebody who does direct mail, and you could use an outside printing service or mailing house to actually print and mail the pieces.\u00a0 You contact them to do the work for you while you get a percentage of the job or a flat fee for each referral.\u00a0 It\u2019s an extra income stream for you and your business.<\/p>\n

A passive income stream like this uses other people\u2019s resources, and allows you to make more money while doing no additional work.<\/p>\n

Imagine setting up five or ten different ways similar to this where you\u2019re bringing money in through various resources.\u00a0 You\u2019re adding additional income streams using the power of other people\u2019s time and skills.<\/p>\n

\"\"<\/a>One is always the worst number in business, because if something doesn\u2019t work, or something doesn\u2019t work as well as you\u2019re used to it working, or laws change like it did with faxing and phone calling and those types of things, and you have to change what you\u2019re doing, guess what?\u00a0 Those income streams stop.<\/p>\n

You can certainly add streams of income where you\u2019re doing the work, where you\u2019re going out and hiring staff getting more leverage in your business, and you already know how to do that. Also think about how you can make money and how you can add additional streams of income, by simply being the portrayer of, the referrer of, the conduit through which the business flows.<\/p>\n

Hopefully this gives you some ideas and you can think of more ways to work less and make more money in your business.<\/p>\n","protected":false},"excerpt":{"rendered":"

Do you want to make more money while working less?\u00a0 We\u2019re always looking for additional income streams in our businesses and ways to do things that generate money but don\u2019t create more work.\u00a0 You\u2019re busy and have enough work to do between staff and everything you\u2019re managing in your business. Think about this\u2026is there a…<\/p>\n

Read More<\/a><\/p>\n","protected":false},"author":89,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25,23,24,32],"tags":[524,551,552,29,148,709,13,10,16,53,550,554,523,555,300,553,44,31,549,556],"class_list":["post-1689","post","type-post","status-publish","format-standard","hentry","category-articles-direct-mail","category-articles-events","category-articles-info-marketing","category-articles-marketing","tag-affiliate","tag-affiliate-parterning","tag-affiliate-partnering","tag-business","tag-business-owner","tag-business-strategy","tag-complete-marketing-systems","tag-diane-conklin","tag-direct-mail","tag-information-marketing","tag-joint-venture","tag-make-more-money","tag-make-more-money-while-working-less","tag-make-more-money-working-less","tag-passive-income","tag-passive-income-stream","tag-small-business","tag-small-business-owner","tag-strategic-alliance","tag-working-less"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts\/1689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/users\/89"}],"replies":[{"embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/comments?post=1689"}],"version-history":[{"count":1,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts\/1689\/revisions"}],"predecessor-version":[{"id":1692,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/posts\/1689\/revisions\/1692"}],"wp:attachment":[{"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/media?parent=1689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/categories?post=1689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.completemarketingsystems.com\/cms\/wp-json\/wp\/v2\/tags?post=1689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}