Put More Cash In Your Pocket

In this fast paced world where nothing really permanent except change, this book tells us that we can make money from whatever we have right now. Yes you heard it right. No more extra degree of specialization or further study to turn your hobbies into money making venture!

You don't need to make it complicated as the usual businesses, all you need to do is to pattern it to a Lemonade Stand in your neighborhood, just as simple as that.

Then, the next thing is you have to DISCOVER that IDEA for your money making venture. You have to get it from what you have already right now. According to the author, services are faster medium than products in earning extra income every month.

Next thing is, you have to set a target on how much you want to earn in a month/year by using, FAST CASH FORMULA. In using this formula, you just simply set your goal in one month then divide it by four weeks in a month then divide it further by five days a week.

Now that you know your target, the next step is to REPLICATE and DUPLICATE. You don't need to reinvent the wheel. All you have to do is to find existing standard in the market. Gage your business ideas against a winner in the industry that you choose. You also have to realize that it is not important to be unique, but the more important is to be distinct that will standout among the rest!

After the REPLICATE and DUPLICATE, your next step is to set the RIGHT PRICE. Are you going to priced your product/services according to the existing market? Well, as the author said, you can set a price a little bit higher just by adding more value in your product.

You already have the system in place plus you have the price, next to that is STAND and DELIVER your products. Of course it is important to sell your idea, because that will earn you money. You have to practice your sales talk and materials that will improve your sales.

ASK for the CASH that you deserved in selling your services and products. You should put a payment system so that you will not have a problem in terms of finance in your business.

We are not yet over, you also need to BARE NECESSITIES meaning you have to know what's the need of your client. You may put add on that will increase your product/services value over time.

OPENING DAY and BEYOND. You need to think of not just now, but also about the future of the business. Who know's your business might grow and you'll have to decide if you want to expand and grow.

BREAK the PATTERN, you are now to do a new routine which is - money making routine - turning your ideas into profit. You have to leave the old self where you are not in charge of your life and finance. Now that you learned this, all you have to do is to start NOW!

Put More Cash in your Pocket - 
Turn what you know into Dough by Loral Langemeier