Earn More Money In Your Home Business By Creating A PIG
by Glen Jansen
Published on this site: May 12th, 2005 - See
more articles from this month...
If you really want to earn more money with your at home business
than you need to strongly consider adding a P.I.G. Obviously, I
am not referring to the questionably adorable pot bellied pig that
many fine people have adopted for a pet. The concept of adding a
Passive Income Generator to your business should be a top priority
if you want long term income.
What exactly is a Passive Income Generator?
As the names suggests, a P.I.G. is a product, system or service
that will pay you and your company long after it has been implemented.
In fact, the ideal P.I.G. is one where you do the work once and
it pays you over and over and over with little to no maintenance
on your part.
An example of a P.I.G. could be a book, an audio CD, a patent,
the licence to use your idea, a service that you contract out, and
much more. Let's take a book as an example. You diligently research,
compile, write, edit and proofread your book. Depending on who you
are this may take you anywhere from 14 days to 14 years. Once the
work has been done, a publisher will usually help with the marketing
and promotion of the book. Once all that has happened, you the author
are left with a passive income generator that will keep selling
books while you sit in the sun enjoying a margarita.
Making money with a P.I.G. has become so much more important with
the acceptance of internet commerce. Today, there are some amazingly
quick, simple and inexpensive ways of creating a P.I.G. As an example,
take a pay per click advertising campaign. This type of a business
revolves around driving traffic from the search engines at a small
cost to a sales site. Once at the site, automated software can take
the browser by the hand and market and market the product until
a sale is made. If the product is virtual like software or an e-book,
no human ever needs to get involved in the transaction (other than
the buyer).
Another example of an online P.I.G is an affiliate program.
Pretend you sell a digital product like an ebook or audio
book. Now imagine you get to work testing all kinds of sales
literature until you create a very effective selling system
on your website. All you need to do now to really expand your
business is drive plenty of traffic through this system. By
creating an affiliate program and attracting hungry affiliates,
you stand to make a greater income while working less and
less. The affiliates bring in the customers, your automatic
sales website does all the work and once again you get to
take off to a warm sunny destination.
So no matter what business you are in, think about how you can
earn more money by adding a P.I.G. What parts of your business can
you automate for complete hands free operation? Could you create
an entire business where you create nothing but P.I.Gs? How much
more money, free time and luxury would that add to your business
and lifestyle?
Glen Jansen, helps home based business entrepreneurs
http://www.1st-in-earn-extra-income.com/...business.html
find easy ways to make money online
http://www.1st-in-earn-extra-income.com/...-ideas.html
Visit http://www.1st-in-earn-extra-income.com
for more free information and money earning articles.
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