Guest Post: How To Clone Yourself To Create More Income

By Yvonne Bynoe

As a coach or solo-entrepreneurs one of the biggest challenges that you have is that your income is directly tied to the number of customers that you can serve in a given day, week or month. For some of you, you’d literally have to work around the clock to earn a decent living. Rather than burn out, why not expand the ways that you can generate revenue.

There are three things that coaches and solo-entrepreneurs can do to “clone” themselves as a way to increase their incomes, without personally working with more clients.

1. Consider Hiring “Understudies”: 
In the theater understudies perform when the lead actress is ill. It’s a concept that’s perfect for many businesses. For instance, in many upscale hair salons, the owner only personally services a handful of clients—the ones who are willing to pay a premium price for her time. In this business model the majority of clients are delegated to understudies; these stylists and colorists are trained and supervised by the salon owner. Coaches and solo-entrepreneurs can easily use this model by hiring and training other people to use their signature systems with clients (people the owner brings into her business).

The main benefits of this arrangement are:

1) the owner can still work with directly with clients; and

2) there is more income generated because there are more service providers.

The only caveat is that the business owner has to ensure that her understudies  provide the same quality of service as she would. An array of businesses owners could use this or a similar model including: consultants, web designers, photographers, personal trainers, day spa owners, personal shoppers, aestheticians, virtual assistants, etc.

2. Create Service Packages: 

Stop offering single sessions and instead create bundles of services or ”packages” geared toward particular outcomes. You and I know that single sessions rarely solve your clients’ problems. It usually takes several sessions to accomplish most goals.  By offering a package you are actually providing more value to your clients by giving them a clear pathway to reach their goals. This strategy also allows you to ethically raise your rates; meaning that you receive more money per client.  Your package’s rate reflects the transformation that the client receives not your “hourly” rate.  Lastly, by offering packages you can request payment in advance; this alone could increase your monthly revenue by thousands of dollars.

To create packages think of 1-3  main goals or outcomes that your clients routinely seek.  Then create specific multi-session packages that achieve those results. Be sure that the packages’ names clearly spells out the aim of the package. Some ideas: ”End Your Sugar Cravings in 30 days” ; ”Attract Your Soulmate in 90 days”; ”21 Days to a More Productive Home Office”.

3.  Home study courses:
One of the things that entrepreneurs overlook is that many people want to learn in the privacy and convenience of their own homes.  What this means for you as an entrepreneur is that there is a big opportunity for you to provide your guidance and expertise, without actually meeting your clients.

I tend you use the term “homestudy” loosely.  A make-up artist can create a video (or video series) to teach women how to properly apply their cosmetics. Ditto for yoga, pilates instructors and personal trainers.  There are “how to” books and ebooks on nearly every imaginable subject.  If you’re not a fan of video or writing, then do a series of audio recordings could be just as effective.

Virtual classes and retreats are also a possibilities to work 1-to-many.  You have the ability to work with a group of people around a particular subject for any length of time from a few hours to a few weeks.

Homestudy courses are a gateway to establishing a long-term relationship with your clients.  Clients have the opportunity to test-drive your business—your methods and your results. If the client is satisfied, then she or he will want you work with you personally or will buy the next product that you make available for sale.

Yvonne Bynoe is an expert in holistic business and wealth development. She is the founder of the Business Alchemy System(TM). the proven, step-by-step program that shows you how to create a more profitable business…quickly.Click here to download her F.R.E.E. report “15 Secrets To Help You Charge What You’re Worth and Get It!” and to receive her weekly marketing and success mindset articles on attracting high-paying clients and catapulting your income.

 

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Be Sure to Grab Your Seat: SistaSense Power Circle TeleSummit for Web Women Entrepreneurs

 SistaSense Power Circle Telesummit

Regular readers of this blog know that I am a big fan of LaShanda Henry, founder of Black Business Women Online. LaShanda is hosting another SistaSense Power Circle TeleSummit for Web Women Entrepreneurs, and I wanted to tell all of my readers about it. If you are a women entrepreneur with a business on the web you can’t afford to miss this fabulous event.

Are you ready to take your online business to the next level of greatness? The SistaSense Power Circle TeleSummit for Web Women Entrepreneurs is BACK by popular demand and its happening on March 1, 2012. LaShanda posted the registration page a few days ago and the virtual seats are going fast (BTW, there are only 50 seats available).

There will be a power house of speakers including some of your favorite business women from last year’s circle and 5 new women you need to have in your circle today! Speakers include: Pam Perry, Jai Stone, Richelle Shaw, Deborah Owens, Katrina Harrell, Beverly Mahone, Ananda Leeke, Tara Jefferson Pringle, and Artiatesia Deal.

The mission of this TeleSummit is to help women entrepreneurs take their online businesses to the next level with solid PR, branding, blogging, wealth-building, marketing, working with media skills and more. The Success of Your Business Depends on the Company You Keep! Get in Good Company by joining us for the next Power Circle – 12 Live Sessions + Access to all Replays –->> Use Early Bird discount code EAR10.

You don’t want to wish you were there and you don’t want to keep wishing things will just get better. Join us for the next all day Power Circle. To register today and get session details visit: http://bit.ly/ACOhQ8 and use discount code AFF10 if the early bird discount code has expired.

 

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Audio Interview with Yvonne Bynoe of SoulfulAffluence.com on Making the Mindset Shift for Women Online Entrepreneurs

Interview with Yvonne Bynoe SOulful Affluence

Last week I had the pleasure of sitting down with Yvonne Bynoe of soulfulaffluence.com. Yvonne is an author, speaker and entrepreneurial mindset coach who speaks from experience as she shares her knowledge, wisdom, experience and humor with us in this audio program.

Listen up and learn about some specific mindset shifts that you can make to help transform your business’s profitability, how you can use your book as a marketing tool for your business, and a bit of encouragement and inspiration for those who want to build a business around the things that they love and have a passion for.

To learn more about Yvonne and her Inner Circle Coaching Program please visit:

http://soulfulaffluence.com/inner-circle-training-series-with-entrepreneurial-mindset-coach-yvonne-bynoe/

Please listen and enjoy and please leave a comment.

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Managing Fear During Growth Spurts

Suzanne Masefield

Suzanne Masefield

Please enjoy this guest blog post by Suzanne Masefield:

We all deal with fears, stress and anxiety at times as we expand and grow.  It seems to be a natural part of life and brings our attention to the fact that something is missing for us in that moment.  What is missing during those times is usually a feeling of safety and certainty.

Here are some simple techniques to help create stability and centre us during our growth spurts as conscious entrepreneurs.

Break it Down. When facing new challenges that elicit fear, overwhelm or stress the first thing to do is break it down into a series of small steps.  Complete each small step one at a time to make it more manageable and increase your chances of success.

Take a Breath. Sometimes we get stressed when everything seems to happen all at once. When this occurs, take a deep breath and refocus your mind away from the challenge for a few minutes. Get some fresh air, listen to music, or do an activity that will give you a fresh perspective on the situation.

Visualise. At times we can experience fearful thoughts that may be hard to manage. Visualize a Red STOP sign to interrupt the negative thought. Take a breath and replace the thought with a positive affirmation eg. ‘I am always given the courage to move through difficult situations and succeed’.

Get the Facts. When we encounter challenging situations that upset us it is valuable to remember to get all the facts. Gathering the facts prevents us from scaring ourselves with exaggerated and fearful assumptions.  Check out what is real and what is not by asking yourself – ‘Is this real?’, ‘What is the worst that could happen?’ ‘What support could I get to help me with this?’

Re-focus. We always have a choice to dwell on the negative things in life or choose to focus on all the positive things around us and acknowledge and be grateful for those. As they say ‘Energy flows, where attention goes’. Whatever we focus on expands – choose what you focus on.

Take Action. Ask – ‘What small action can I take right now that will make me feel in charge?’ then take it.  Taking action gets you moving rather than going round and round in your head, empowering you to move through any fears and anxieties that pop up one step at a time.

Everyone faces fears at some time in their life especially when trying new things, it is normal. Overcoming fears and anxieties is not always easy and might take some hard work and persistence but by using strategies to face, move through and overcome these fears your trust in your own abilities grows along with your self confidence and self belief.

So, you could look at fear as a positive opportunity to grow and expand as it is moving you towards a stronger believe in yourself, how good is that?

Create Your Own Destiny

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Suzanne Masefield is a contributing author to Align, Expand and Succeed; Shifting the Paradigm of Entrepreneurial Success. This “just released” book is based on the premise that the world is changing at a very rapid pace. We are starting to see that cooperation brings better results than old style competition. It’s a new era and we need to work together to create success for everyone, not just for a few.

This book is designed to raise the vibration of the planet like never before. Get your copy of Align, Expand and Succeed and enjoy an abundance of gifts with your purchase. http://www.aesbook.com

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