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As a women entrepreneur, when you need to generate cash quickly in your business, do you have a clear plan of action, or do you start to feel a little panicky?
Maybe you can relate to what happened for me the first few years of my business: My income would swing wildly from month to month. I kept thinking I was doing something wrong and would try to fix the problem by working harder.
Because I was caught in the emotional charge of the situation, I wasn’t able to see this was a recurring money pattern, or even that I had the power to transform it.
But once I stepped back I could see that I had a lot more control over my cash flow than I had been giving myself credit for. Which is why I’m sharing my top 3 tips to help you generate quick cash flow in your business and even out some of the financial feast or famine you may be experiencing.
Tip #1. List Quick Ways To Create Cash Flow BEFORE You Need Them
In the heat of the moment it’s easy to overlook resources right at your fingertips. Creating a checklist for yourself will give you peace of mind when you need it most.
Some simple ways to quickly generate cash include:
hosting a 1-2 session teleseminar
running a sale on your products or past recorded programs
offering a savings for clients on payment plans to pay their balance in full
borrowing money short-term on your credit card
offering a VIP Day (my favorite!)
asking a colleague for a referral
re-connecting with past clients and offering a VIP Day or short-term program
following up with recent leads and offering something short-term they can easily say yes to
running a simple launch that offers a downloadable version of a past teleseminar or workshop
open up 1 or 2 spots for a private Platinum client and launch to your list
Tip #2. Turn Dead Weight Into Instant Green
If you need a quick infusion of cash in your business, start by gathering all of the unused items in your garage and closets and have a sale. You don’t have to be an experienced yard-saler to still generate hundreds — maybe even thousands — of dollars.
Plus, consider this: all of that old stuff carries with it the energy of the past, often leaving you feeling burdened, guilty or stuck. By ridding yourself of this dead weight you’ll feel energized, invigorated AND you’ll have ready money available to invest in your business.
Tip #3. Tithe Towards Your Future
One of the smartest decisions I made early on in my business was to “tithe towards my future.” Meaning, I set aside a small percentage of every sale and earmarked this money to be used to either fund the development of my business or to smooth out some of the financial rough spots that occurred in those early days.
Tithing is a means of giving financial thanks to those who feed your soul and spirit. By tithing towards your future, you’re giving yourself the resources you need to stay connected to Spirit and to your Soul’s Divine Purpose.
As With All Money Situations, A Cash Flow Crunch Provides You With The Gift And The Opportunity To Grow Both Yourself And Your Business
By focusing on being prepared for a cash flow crunch you’ll find you no longer feel a victim of circumstances and instead, feel empowered to handle any money emergency with grace and ease!
