Efficiency is the name of the game at Agents of Efficiency (obviously) so we’re making it even more efficient for you to improve your business. Every week, we sort through all the boring stuff to bring you the best tips from the wide world of the web. For this week’s #2tips4tues, we look at new revenue streams for small businesses.
John Meese touches on a handful of these new revenue streams that are revolutionizing the way small business owners earn money.
It may seem as though everyone is a coach nowadays, but that doesn’t mean the market is totally saturated. If you can find a niche in which you have an exceptional level of experience and knowledge, coaching is definitely something to consider. The key is to get super-specialized to ensure you stand out from other professional coaches with similar offerings.
Online memberships are another small way entrepreneurs can bring in extra money through the internet. This avenue is best suited for those who don’t mind spending a good amount of time online, conversing with their members and introducing new offerings. While online memberships are not exactly a “set it and forget it” kind of revenue stream, they can be incredibly rewarding and a great platform for sharing your expertise.