Tag Archive for: Cash Flow

Tips to Overcoming your Personal Financial Crisis

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Would you like to know the secret to overcoming your personal financial crisis?

How would your life be different when you no longer “worry” about where your cash will come from?

DC Cordova has assembled a list of 10 distinctions she’s learned from her own personal path, distinctions that have served her well through many years of entrepreneurship and business development.  From the upcoming book, Walking With the Wise: Overcoming Obstacles, this excerpt includes some of the most powerful habits of surviving difficult financial times.

1. Know that this is about YOU. It’s not about the economy. There are many people making money when others are not.

2. Determine what you are good at and what will bring you money now. Not later – now! Don’t worry about the tasks. Some of us had to roll up our sleeves and do jobs we had paid others to do for many years.

3. Focus on income generating activities. Let go of all those things that waste your time and don’t bring in the cash flow that you need.

4. Tighten up your belt. No new clothes, cars, or any other doodas that are not going to create money for you. You now spend money only on those things that will make you more money.

5. When you’re done with your personal financial crisis, keep your agreements and pay everyone back. If you cannot do that for years, create new agreements as necessary.

6. Do a good transformational program that will “kick-start” you in making new decisions and creating new references for yourself.

7. Surround yourself with loving and supportive people – particularly a good mentor – who will tell you the truth and give you good feedback to accelerate your progress towards getting back on your feet.

8. Do something once a day and one day a week that brings you pleasure. Exercise, ride your bicycle, spend time with your loved ones, watch your favorite program, read a novel… This is crucial to keep your spirits up.

9. Don’t make yourself wrong – forgive yourself for things that you think you could have done differently.

10. Keep taking action… Your life will turn around!

Six-Figure Marketing: Marketing Strategies to Attract New Clients and Improve your Cash Flow!

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As with any type of marketing, you have to open your eyes and ears to new ideas. When you hear an idea or technique being used in an unrelated industry… PAY CLOSE ATTENTION. When you take a proven marketing strategy from an unrelated industry and make it fit your own – you will experience a breakthrough.

It’s always easier to look within your own industry for ideas – but the real good, profitable ones will almost always come from outside.

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What are you doing to keep in touch with your clients and prospects?

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It always amazes me to watch how the typical business treats their clients… after they become clients.

At first, it seems they would do anything to get you to buy from them.

Run advertising, offer special deals, bundle things together, new customer discounts… you name it, they do it.

BUT, as soon as they get you as a paying client – you get dropped faster than a steaming hot iron.

Why?

After all the work you put into getting your first deal from a client: earning their trust, showing them you are different, getting them to pull out their wallet, and getting them to put their cash on the table for the first time.

You do all of this – and then never communicate with them again. It makes no sense if you think about it.

You know as well as I that it is MUCH easier to get a person to buy from you if they have already bought before.

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Step #1: The biggest and most immediate returns you can see from your marketing efforts involve your existing clients. Not in finding a new army of eager first-time-buyers… which is where most small business owners put their efforts.

Your existing clients are where the real money is.

Cultivate a solid relationship with them – and build in a consistent communication stream with them – and you will see a big difference in your revenue growth.

The easiest way to use Step #1 in your business? Read more