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How To Manage Income Streams In Your Business!

By
Mortgage and Lending with Keller Mortgage NMLS#1239544

When you run your own business you get pulled in several different directions and it can be overwhelming how many different ways you try to generate business and hustle. Here are my quick tips for creating successful methods of generating business.

 

1. Always try new methods for 30 to 60 days. The idea with this method is do determine if something is a money generating stream or not. If its not you simply stop doing it. If it is slow or becoming an income stream, focus on establishing and building that method into something.

 

2. Focus on 3 - 5 methods at one time. Its easy as a business owner to spread yourself too thin and get overwhelmed staying on top of things. Cut back if your doing more than 5 things and focus on whats really working for you.

 

3. Evaluate your methods each month. This is important, because you can determine what is working and what isn't. This is also a good opportunity to evaluate replacing one method with another. Remember to way the cost and benefit when going with new methods, but if there is good reason to switch then do it!

Posted by

Chris Mamone

Loan Officer | Mortgage Master Service Corporation

1425 Lake Tapps Pkwy SE #103, Auburn, WA 98092

Phone: (253) 548-7142| Email: Chris@MortgageMasterWA.Com

Website: www.homelendingbychris.com NMLS ID: 1239544

 

"Referrals are always welcome, appreciated, and reciprocated."

 

Nilgun Foley
Atherton Associates Commercial Brokerage - Shelton, CT
Realtor - Business and Investment Properties

Great post. I agree - however, I would give it a bit longer than 30 days. At least in the Organizing business, results require longer incubation periods.

Mar 17, 2015 02:32 AM