#46: 5 Hidden Money Opportunities in Your Business

The Amy Porterfield Show

Amy Porterfield

Entrepreneurship, Business, Marketing

4.9 • 5K Ratings

🗓️ 12 February 2015

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As a kid, I loved the Mrs. Piggle-Wiggle book series. It featured a magical and resourceful lady who lived with all her children in an upside down house. When money was tight for Mrs. Piggle Wiggle, she would send all of her kids through the house to find hidden treasures. That story stuck with me from the moment I read it. As a kid, I felt ready for any moment when money came up short—I’d just go on a treasure hunt! Does it surprise you to learn that my perspective hasn’t changed, even now that I’m an adult? What's more, I no longer wait for the “running out of money” moment before I set out on a treasure hunt. Not when I have a five-step treasure map that leads me right to the gold. As an entrepreneur, there are going to be times when cash is tight. It’s natural for you to feel the squeeze when you’re just starting out. Even after your business has liftoff, you might feel strapped from time to time. Or maybe you are looking at investing in some kind of new business tool or business opportunity and you need a little cash before you do so. Running your business means living through cycles of financial growth and…dormancy, shall we say? If that’s where you find yourself now, these hidden money opportunities will definitely speak to you. I’m going to reveal five very specific hidden money opportunities that I’ve used in my own business to bring quicker cash flow. The key to a good treasure hunt is knowing you have gold hiding somewhere. And you do! Let’s go on a treasure hunt together, and find the places where your gold is hiding. Opportunity #1: Finish Your Online Training Program Opportunity #2: Do a Mini-Promotion and Make an Offer Opportunity #3: Creating a Four-Part Email Sequence That Leads to an Offer Opportunity #4: Offering Your Services to Your Audience Opportunity #5: Becoming an Affiliate to Somebody Else’s Program or Product Three tips for smart affiliate marketing: 1. Believe in it. You have to have used the program or product you’re helping to market. You must know that it works, have your own results that you can talk about, and be so excited to sing its praises. You know you’ve made a good affiliate marketing partnership or connection when you tell everybody about it even if you’re not going to get money for it. 2. Build a funnel with your affiliate. Webinars, four-part email sequences, and mini trainings all work for this. For example, if you click here, you’ll find an affiliate promotion that I did a training for. I literally walk you through how to use Lead Pages. For B School, I have an entire B School bonus experience: five bonuses you can’t get anywhere else, including the live two-day event, including a special Facebook ads program, including my new webinar program that’s not even out yet. You only get this stuff in B School when you use my affiliate link. 3. Read this article My good friend, Pat Flynn of Smart Passive Income, wrote a post on his blog “Smart Passive Income” called Five Ways to Unbox the Mystery and Increase your Affiliate Income. It’s a really smart strategy for affiliate marketing, especially for those just starting out. Definitely check that out, along with his other great article, How to Stop Hoping and Start Earning. EPISODE FREEBIE Get "A Course Creation Starter's Guide" FREE DOWNLOAD Make sure to listen to the entire episode for more tips and personal insights from my experience in hunting out hidden money opportunities. And don't forget to download this week's valuable freebie, "A Course Creation Starter's Guide" for creating your own online training programs. Click here to download it now.

Transcript

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0:00.0	You're listening to the online marketing made Easy Podcast episode number 46.
0:06.1	Welcome to the online marketing made easy podcast business advice so easy you'll feel like you're cheating and now your host, Amy Porterfield.
0:16.2	Hey there, Amy Porterfield here and welcome to another episode of the online marketing made easy podcast.
0:31.6	Today's going to be a lot of fun because we my friend are going on a treasure hunt.
0:37.2	Now let me give you a little backstory before we get into this.
0:40.3	When I was little I used to read this book series called Piggle Wiggle and Piggle Wiggle was a story about a mom with a bunch of kids and they lived in an upside down house.
0:51.3	And when money was tight for Mrs. Piggle Wiggle she would send all her kids through the house to find gold or hidden treasures.
1:01.0	And when I was little I thought this is so cool if I ever need money all I have to do is go through my house and just find it everywhere.
1:08.7	Oh if it was only that easy right but as an entrepreneur this story actually is stuck with me because I firmly believe that you have hidden money opportunities throughout your business that if you just dig a little bit deeper you could easily find them.
1:27.1	Now as an entrepreneur there are going to be times when cash is tight maybe you're just starting out your business is not exactly where you want it to be right now.
1:36.4	And so you're a little concerned about the cash flow or maybe you've been at it for a while but you want to invest in some kind of new business tool or business opportunity and you need a little cash before you do so if that's the case then these hidden money opportunities will definitely speak to you.
1:54.3	So throughout this entire episode I'm actually going to reveal five very specific hidden money opportunities that I've used in my own business that you can to model to see a quicker cash flow instead of having to work on something for months and months to realize the actual revenue flow from it.
2:14.2	Also as always I've been having a lot of fun with these freebies that I've been offering with every podcast episode and I think you've been enjoying them too because it's been amazing the feedback and the number of people that are opting in to get my free PDF giveaways as you know each podcast has its own very specific PDF giveaway and I'm going to tell you all about the free guide in this episode when I dive into the very first hidden money opportunity.
2:42.6	So listen for that because it's a good one and I think it's very valuable for where most of us are in our business right now so I'll give you the freebie in the very first hidden money opportunity now before we dive in this episode is brought to you by lead pages so I'll have you listen to a little ditty and then we will dive in.
3:03.3	Okay so here we go this episode is brought to you by lead pages the only tool I use daily to grow my email list lead pages is the easiest landing page generator I've ever used I love it because there's no coding or design skills needed.
3:19.4	If you want to come behind the scenes with me and see which three landing pages have skyrocketed my email list and watch me actually set up a lead page in less than 10 minutes go to Amy Porterfield.com forward slash new
3:32.9	leads to download my mini training video it's totally free so that's Amy Porterfield.com forward slash new leads I'll see you there.
3:43.2	Let's go ahead and dive into hidden money opportunity number one.
3:48.6	This one is all about finishing your online training program.
3:53.8	Now notice I said the word finishing because this hidden money opportunity is for those of you who have started an online training program have been working
4:02.9	on an idea for one or you're almost finished with one but it still hasn't been put out there to the world.
4:11.4	Now if I could steal a term from Seth Godin ship it get it out there because the thing is it's sitting there it's not done yet and you could be getting so much momentum from this online training program.
	...

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