And if your next six figures had not just worked for more hours, but the implementation of a system once … More
Most business owners think that winning an additional $ 100,000 per year requires a lot of jostles. But what happens if your next six figures had not just worked for more hours, but the configuration of a lateral jostling system once and let it roll?
The truth is that owners of small businesses who seek to increase their income in a sustainable way do not work harder, they work differently. They build a jostling that diversifies not only income, but also increases the value of their business.
Additional resource: if you want to know how much your business is worth today, consult this independent commercial assessment tool.
If you run a business and are looking for ways to diversify your sources of income, here are 4 ideas that you can start aside that will bring 6 other figures to your income.
4 ideas for lateral stirring to earn $ 100,000 +
In this article, I will show you four powerful side traffic jams that you can launch now, without exhausting, to add $ 100,000 + in annual income:
- Digital products
- Micro-community
- Affiliation income
- Rent what you already have
Lateral hustle 1: digital products that sell while you sleep
The fastest growth founders I know do not only sell services. They have packed their services in an excessive framework and sell this framework as a digital product to customers. Think: models, tool boxes, planners, scanning files, online course, niche guides and books.
Here’s why it works: you create the frame and create a digital product once. You sell it forever. You have almost 100% of the margin.
How to start with digital products:
- Identify your reproducible process or method. This is your frame.
- Transform this frame into a toolbox, a model or a micro-cours.
- Sell via your own site or an existing market (such as Udemy, Amazon, Kajabi, Etsy).
- Promote by email, Instagram or partnerships – No fancy marketing required.
A word of advice: stay simple, so you can launch quickly. First test the market and get sales of $ 1,000 before optimizing or making your digital product “perfect”.
Hustle 2 side: Build a micro-community with monthly income
Your content is free. Your customer reception box is full. So why not create a space where customers pay to be closer to you and your team?
A paid micro-community is an easy source of income with a lot of leverage. Whether you have 10 members or 1,000, your effort will be the same.
Why does it work: it transforms customer service into a business model. You don’t need to be a guru, just help your customers. Something you are already doing today. With only 50 customers who pay $ 200 / month to learn, grow and build with you.
Example: Joey, owner of a web design studio, launched a paid disk group for creative freelancers wishing to leave Upwork. $ 49 / month. 300 members in 5 months. $ 176,400 annual recurring income. With his community, he shares pitchs, courses and client play lessons.
How to start with micro-communities:
- Choose a niche pain point that you have already resolved.
- Give access to your knowledge, models and time.
- Host on community platforms like Circle, Discord, Slack, or even via WhatsApp or a Facebook group.
- Low price to start, like $ 10 to $ 49 / month. Grow from there.
Additional bonus: Business buyers like recurring income. Micro-community is incredibly attractive when it’s time to sell your business.
Hustle 3 side: affiliated income of what you already use
When you already recommend tools, software and books, why not be paid for this?
Affiliation income is the most underused hustle and bustle for owners of service companies. You have built confidence. Customers ask what you use. This is an influence that you can monetize.
How to start with affiliation income:
- Make a list of 10 tools you use every week.
- Find the tools that have affiliation programs. Register for them.
- Add links to your marketing messages, welcome emails, website, social publications.
- Create a page of resources on your website called: “Tools that I use to manage my business.”
Mindset Shift: You are not commercial. You monetize your own recommendation engine. Possess it.
Hustle 4 side: rent what you already have
Let’s spend an old -fashioned second. The cash flows do not have to be digital. Sometimes wealth is hidden in your storage unit.
Really example: my client Tania had lighting equipment for her days of photography by collecting dust in her office. She started promoting it to creatives who prefer to rent equipment instead of buying it. He now rents $ 90 / day twice a week. It’s $ 720 / month from things that were just taking up space.
Other ideas to rent what you have:
- Rental of the office space per hour (Coworking style)
- Subharge your Podcast studio
- Rental of unused land or a parking space
Why does it work: there is no creation time. Just monetization. Most business owners are sitting on income flows without knowing it.
Step of action today: browse your workspace, garage or storage unit. Ask: What did I not use in 90 days that someone else would pay to use?
Final reflections on jostles to win $ 100,000 +
The biggest error I see business owners doing? While waiting for the perfect idea, the perfect platform, the perfect moment. The truth? Lateral jostles do not succeed because of perfection. They succeed because someone started in disorder, then quickly refined. You don’t need to add more hours of work to your calendar. You should add an intentional income flow to your ecosystem.
Start with the one who feels the most fun. Create momentum. Test quickly. Optimize later. And soon you will have a jostling that is $ 100,000 + for your business. Because Real Flex is to gain more income while keeping your calendar open.
