Do Something Everyday to Increase Your Income

If you’re self employed, you likely experience income slumps. It may be because your business is cyclical (being a tax professional, I am extremely busy the first 4 months of the year, but then things slow down drastically during the summer months), or it may be because the economy is slow, or it may be just because you haven’t done any marketing in a while.

Whatever the reason, I like to take some time to brainstorm about ways I can increase my income. And when things are really slow, I pull that list out and try to do something every day to get my income back up to where I want it to be.

So… here’s a few things I do to boost my income when I’m in a slump:

• the most obvious is to complete any client work I have in progress (usually because I’m waiting on info from the client, so time to nag… I mean contact the client for that info!)
• contact potential clients to see if I can answer any questions or objections they may have
• contact old clients I haven’t heard from in a while… time for an annual review?
• write an article or two and post to article directories
• add new products or services to the product funnel
• post to blog (stock up on posts for a while so you don’t get behind when business picks up)
• create a Squidoo lens or Hub page
• hold a teleclass
• hire someone to help out with the menial tasks so you can focus on billable hours or income generating projects
• create a system in your business to make you more efficient
• optimize your blog/website for keywords to increase traffic
• answer questions at Yahoo! Answers or on related forums

These are just a few ideas (in no specific order). What do you do when you’re in an income slump to increase your business?