It's the new year and as work at home mommies (WAHMs) and stay at home moms (SAHMs) Plan on making 2006 better than last year the one goal on their minds is added streams of revenue generators. If this is not what you are looking for then read no further.
Gotcha, good. Let's get down to the importance of passive revenue generators or tools.
By passive revenue generators, which I'm giving a general overview for those of us who still may need to be brought up on the same page - is a tool or revenue generator that can be started and left on it's own with one little message in it's head "I think I can", just like the little engine that could. We are going to look at 'little engines that can' in order to create revenue generating sites or ideas that work while you sleep, but also retain customer loyalty.
I'm a firm believer that it is better to give than to receive - and to whom much is given = much is expected. So in keeping with the dual goal to retain customer loyalty and remain a stay at home mom - work at home mom in these stressful economic times a passive residual income is always a good idea.
A passive residual income cannot be made by some presto-chango solutions, it's always going to take work in some form or manner. And revenue generating ideas are a dime a dozen, although there are several legitmate ways to accomplish this and one way I and many others have found is the tried and true way of writing.
That should not come as a shock to many and some are going to say I ain't no Alex Haley or Tolkien. Don't really have to be, hopefully when you decided to be a work at home mom - stay at home mom the goal was to continue to bring home something to pay the bills and put food on the table. Still further an additional reason would be retirement - when all the children have left home I hope some of you would have your bags packed for a little trip just to see how it felt to go somewhere, anywhere without someone saying - Mom!
You have knowledge in your head! Knowledge that a lot of people don't know about, or either have not experienced the way you have and they want to know. Basically that's what the Internet is about, one big library of searchable information people are searching for to help them accomplish their goals. Write down on a piece of paper everything you know about everything and what particular niche you are aiming to please is where the ideas and experinces can be made into articles. Do a search and take a look at what people are reading, talk to your neighbors, friends, relatives about what's on your mind and they will tell you - I didn't know that. Write about it, and what they tell you that they do know about that's in your niche you can research and add to your knowledge to satisfy your niche. Clients both current and former are great sounding boards for ideas about articles. Any seminars or classes that you have attended, even the ones you will attend - tell your niche market what you learned and spread the knowledge.
Articles are one of the most effective ways to gain credibility within your niche for new clients and the info might bring some old clients back or rejuvenate current clients. If you have a website, articles that are spread around the thousands of niche and general article directories will bring you new business day in and day out. Some articles that I have written have brought me partners for joint ventures where I bring products and services to their clients and vice versa - whatever product or service your partner doesn't cover that you have available and the other way around saves them time and money as well as keeps their clients happy with their company. It's a win + win situation. It's a highly under-used revenue generating ideas that stay at home moms/work at home moms often overlook. Take advantage of it today and get to writing.
This 'little engine that could' called writing can come in the form of e-books, knowledge ready to be downloaded and purchased after it has been published. Or you can just give your ebook away, filled with ideas and experiences that can help others get ahead or even catch up. The same brain storming avenues available in stimulating wrtiting articles can be applied to e-books and e-books are a great passive residual income generator. Even if you give them away, the links back to your site or phone/email will bring in business based on the knowledge you have given away! Awesome! Work at home mommies/stay at home mothers can put out those hundreds of recipes that only you have in your kitchen drawers or closets and stimulate that saved up knowledge into revenue generators. Know how to knit a rug - e-book it. Mastered some ways to make or keep children into being little angels - ebook it. If you can shop till you drop and all you friends keep calling you to find out where you got all those things on sale - ebook it. If you have decorated you home to look like the Taj Mahal in Rankin, Texas (yes I have been there and it's for real) - don't hold back - turn it into a revenue generating website with ebooks. Got a stay at home dad that knows how to type, get him to help bring those ebooks to life or tap his brain for ideas.
These are just a few revenue generating ideas hanging around in my head and I have a dozen more to share with you in parts 2 - 4 of Passive Revenue Generators that work while you sleep. I'll even give you a few seconds to peek inside my head for some of the next article that will be on Niche Marketing (which I unfortunately speeded thru ) and Coaching - a great way to bring down the house with revenue generators. So wake up and stay tuned for part 2, coming your way soon!
Daviyd Peterson: 10-year consultant, instructor, trainer of digital divide solutions for both home and business. Helps African American and minority Small Business Enterprises bridge the digital divide by becoming wireless Small Office Digital Offices (SODO). Free articles on Wireless Internet Security, Internet Marketing and other related articles - RSS Feeds
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