10 techniques to create independence in your online business

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If you’re working too hard, you can use one or more of these techniques to get more done in less time and give yourself more freedom!

1. Automating emails and funnels

When people sign up for your freebie, they should get a series of automated emails, appropriately called autoresponders. You set these up in advance in your email service provider’s software and these emails should tell people who you are and what you do, help them get value from the freebie, and make a first offer to buy something. That offer should also be on the thank you page after people complete the opt-in form and in the freebie itself. That’s the process of automating your first sales. The funnel is freebie > offer. That offer is often a low-priced one, to get people “in the door.”

Similarly, when people buy something of yours, there should be a next step.

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by Ellen Finkelstein

How can I make passive income?

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online-business-passive-income-1

Someone asked me,  “What is the next big thing for passive income?”

The word “passive” is very relative. If you want to make income without doing any work, you won’t find a solution here. You can outsource a lot of the work, but of course, you’ll have to pay for that.

Usually, you get passive income by doing a lot of work up front. Passive income is not doing 1-on-1 coaching in which you get paid by the session or package. That’s not to say you can’t make a lot of money doing 1-on-1 coaching, but it isn’t passive income.

Partially passive income would be creating an electronic product and selling it. You still have to promote for each sale but the delivery is automatic.

Let’s talk about some ways to make income that’s even more passive, because everyone wants passive income! Read More

by Ellen Finkelstein