The More Cash Formula and Your Skillset

14 Sep The More Cash Formula and Your Skillset

more_cashDo you want more cash? Build a cash machine.

Do you already have a cash machine (aka small business)?

One of the most asked questions I get is what kind of business should I build today and how do I get it started?

Let’s not worry about what is the best business to build in this economy. The question should be, what are your skills, because those are what are going to help you make more cash now.

Your cash machine should be based on what your skills are, not the other way around. If you’re a teacher, be a tutor. If you love dogs, be a dog walker or pet sitter. If you love to cook, start a catering business.  It’s easy. Just keep it simple and employ local marketing. Keep your intentions on making more cash every day.

A skill is the learned capacity to carry out pre-determined results often with the minimum outlay of time, energy, or both. – Wikipedia

There are so many skills that you already have.  The problem is you don’t know how to monetize them. Let’s talk about that.

Look at your skillset, then 1. Google it. There are already businesses out there doing what you want to do. They are already making money at it. 2. Put a price on your skill and start marketing yourself. Literally, go from business to business in your town and tell people what you do.

My mom started with a cake decorating business. First she decorated wedding cakes. Then she went to event cakes and it’s now a full blown business. She goes to bridal shows and networking events and introduces herself and her catering business.

Don’t settle for a smaller life, generate a bigger one. Say Yes! and figure out how.

Use my sales model, ask tell ask. Ask someone how you can help them. Tell them how you’re going to help them. And ask them for the money.

Stop making this so difficult, please!

You are in charge of what you want. Get your mindset right and only spend time with those that support you.  Then ask yourself, what do I really want to create? What are the skills I have? How can I create more with what I have?

Replicate and Duplicate

Stop recreating. Stop creating from scratch!

  • Price like someone else
  • Market like someone else
  • Ask for the money like someone else

There are too many excuses and not enough doing out there. Say Yes! Get the Energy and do it!

Use this formula:

  • Decide what you want to do based on your skills
  • Research on the Internet and model a business that’s doing it now
  • Start selling by using my Ask Tell Ask model

Stop worrying about what you don’t have and you don’t want. Somebody is making money doing what you do. Why is they are making money and you aren’t?

It’s because they made the decision to do it.

Now it’s your turn.

Do you want to stay stuck in your life and have excuses or do you want to get ahead in your life? That’s a decision you can make every morning when you wake up.

2 Comments
  • Teedostar
    Posted at 09:34h, 18 September Reply

    Ive read through a number of wonderful articles here and must say that I appreciate your outlook and wisdom found in your blog. Vast knowledge and great service. Thanks!!! Keep it up.

    Teedostar

  • Gary Barr
    Posted at 01:31h, 04 October Reply

    Confused about what to have for a cash machine. Stressed do my loss of job and have to pay my bills. Want to have a cash machine but it seems that I have a block maybe due to my lack of resources. I don’t want to make excuses and be stuck. I want to act but feel paralized for the first time in my life. Don’t understand and have gone to Cash Machine Workshop and LBT and still feel like I have concrete on my feet. I want to get going bad and made good money again. Seems that everything is in slow motion and going nowhere.

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