Is your business struggling to make enough money?
Or are you tired of slow growth and limited cash flow that hinders your opportunities?
Let’s face it: You’re working hard, but the returns are small.
For the longest time, that is where I found myself.
But then I found a treasure trove of ways to make money in my business.
What if I told you there are 438 more ways to make money in your business — without working longer or spending more?
Keep reading, and I’ll show you how to unlock new revenue streams by leveraging what you already have.
It’s Time to Try Something New
Many entrepreneurs struggle with these problems:
Not making enough money
Not making money fast enough
Small returns on time, effort, and resources invested
Limited cash flow that holds back growth and opportunities
When business slows down, most entrepreneurs try to fix these problems by getting more customers, working longer hours, or doing more.
But these approaches have their limits.
More customers mean more time, effort, and resources, with no guarantee of return.
Working longer hours leads to burnout and reduces the quality of your services. Doing more can mean either working more or hiring more people, increasing expenses and time spent training.
At best, these bring small gains — but at worst, they can stall your growth completely.
There is a Better Way
Instead of adding more work, add more ways to make money.
By leveraging what you already have, you can open more channels for income without adding more hours to your day. In other words, you’re not doing more work; you’re opening more ways to make money from the work you’re already doing.
Here’s a personal example:
I started a kids' ebook publishing company, and in the beginning, we did okay.
Then, I decided to add more ways to make money:
I added print books
I added hard-copy books
I added audio-books
I licensed the books globally.
I partnered with the Scholastic books program.
I created journals and puzzle books.
I also distributed them in bookstores
I distributed them in supermarkets
I distributed them in libraries.
I even shopped the book for a movie.
And, in less than two years, we sold over 1 million copies.
Without adding more hours, I tapped into new ways of earning — creating more money without more effort.
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Stop Leaving Money on the Table
You see, a business is like a Swiss army knife. It has multiple uses and multiple ways of making money and getting paid.
But most people see their business like a can opener. A one-trick pony that is only good at one thing.
The only problem with this is that you are leaving lots of money on the table. Eventually, you will run out of money and can’t grow your business like you want to.
So instead of leaving millions of dollars on the table, set your business up to make as much money as possible.
Here’s how:
1. Leverage Your Money Channels
Think about how many ways you can make money from a lemonade stand. You could sell lemonade, offer different flavors, sell lemonade kits, host lemonade-making classes, partner with a local bakery, and more.
The truth is that with a regular business, there are 1,000–2,000 ways most businesses can bring extra money into their business. (I asked ChatGPT 🙂)
The best part is that by adding more ways to make money, you’re not working more. That’s because by adding these strategies, the same hour of work gets you more money.
So if you start a business, make it your goal to have at least 10–20 ways to make money from that business. If you do this, making your first 1M in 12-18 months will come easy and effortless.
For a list of 113 ways to make money from your business you can choose from, Click Here
2. Leverage Your Assets
Like I did with my ebook business, you can use the same assets in 10–20 different ways to multiply your income.
There is always someone in need for a special use of your asset, so finding a demand for your asset isn’t difficult. All you need to do is to repurpose what you have to make money in different ways.
For example:
Real estate: Rent out parts of your property, offer event hosting, sublease to short-term renters, etc.
Consulting services: Create courses, write a book, offer group sessions, train corporate events, etc.
Information products: Bundle products, offer subscription services, create premium versions, do audio versions, different languages, etc.
Think creatively about how to use your assets in new, profitable ways.
For a list of 150 ways to use your assets to make more money in your business, Click Here
3. Leverage Your Customers
Instead of chasing new customers, focus on increasing the value of current customers.
Customers are like a goose that lays golden eggs. The amount of value that can be derived from one customer is great, and can add a quick boost to your profits with little extra work.
For example, here are a few ways to get the most value from your customers:
Upsell and cross-sell complementary products
Gain more customer insights (needs, desires, pain points) to provide better quality
Ask for customer referrals
Request testimonials and reviews
Encourage customers to become brand ambassadors
Invite customers to share user-generated content (UGC)
Ask for feedback to improve products and services
Create a vibrant community where customers connect and engage
Form groups of superfans who advocate for your brand
Test new product and service ideas with existing customers
Partner with customers for new ideas
Validate new ideas through customer testing
For a list of 100 ways to maximize customer value, Click Here
4. Leverage Your Timing
Customers tend to spend more on special days and seasons. This is because special days and seasons inspire people to purchase emotionally.
You can substantially boost your bottom line profits by taking advantage of these special times and seasons.
The best part is that taking advantage of these opportunities doesn’t require a lot of extra work. All you need to do is adjust the timing and messaging of your offers to maximize impact.
If you’re interested in taking advantage of this strategy, here is a list of holidays with the highest global sales volume:
Christmas Season (December)
Black Friday (The day after Thanksgiving in November)
Cyber Monday (Monday after Thanksgiving)
Singles' Day (November 11th, China)
Back to School Season (July - September)
Amazon Prime Day (Mid-July)
New Year's Resolution Season (January)
Valentine’s Day (February 14th)
Easter (March/April)
Mother’s Day (the Second Sunday in May)
Thanksgiving Weekend (November)
Back to Work and Routine Reset Season (September)
Just adjust your promotions to align with these peak spending times, and you can double or even triple your revenues.
For a full list of the 75 highest revenue-generating holidays and seasons, Click Here.
Action Plan: Time to Multiply Your Profits with Little Effort
Here are some simple strategies you can try today to begin adding 10-20 more money-making streams to your business:
Leverage Your Money Channels
List all the ways you can make money in your business today. For the 113 Money Making Ideas List, Click Here
Think about what products or services could be added without significant new effort.
Choose 5 new ways to make money that require minimal time or resources.
Implement and monitor results.
Leverage Your Assets
Identify your existing assets: products, services, intellectual property, etc.
Brainstorm 10–20 new ways to use these assets to generate income. For the 150 Asset Money Making List, Click Here
Select the top 3 ideas with the highest potential and low cost.
Launch these new initiatives and track performance.
Leverage Your Customers
Review your customer list and identify your most valuable customers.
Develop strategies to upsell, cross-sell, and gain referrals.
Engage customers for feedback and create a community for them to connect.
Launch a program for customer testimonials and brand ambassadors.
For more ideas on how to Maximize Customer Value, Click Here
Leverage Your Timing
Review the list of high-sales holidays and identify those relevant to your business. For the 75 Highest Sales Holiday List, Click Here..
Plan promotions, offers, and campaigns around these peak spending times.
Adjust messaging to match the emotional appeal of each special day.
Test and refine strategies each season for maximum impact.
Conclusion
It’s time to stop chasing after more customers or working longer hours.
You need to leverage what you already have by adding more ways to make money.
Use your current channels, assets, customers, and timing to multiply your income streams.
The more ways you find to make money, the faster your business grows — without the burnout.
So, tap into these ways to make money and start seeing results today!
Will Peña, MBA
P.S.: Want help adding 10-20 more ways to make money in your business?
Join The Millionaire Factory Skool group and start your journey to making millions! Join here
TL;DR
Many entrepreneurs struggle with slow growth and limited cash flow.
Adding more work rarely brings big gains; it leads to burnout.
Instead, add more ways to make money using what you already have.
Use four strategies: Leverage money channels, assets, customers, and timing.
Start today by implementing these steps to grow your business.
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