Earn More Money in Your Small Business by Creating a PIG

If you really want to earn more money with your small business than you need to strongly consider adding a P.I.G. Obviously, I am not referring to the questionably adorable pot bellied pig that many fine people have adopted for a pet. The concept of adding a Passive Income Generator to your business should be a top priority if you want long term income.

What exactly is a Passive Income Generator and how can it be used to make more money for your small business?

As the names suggests, a P.I.G. is a product, system or service that will pay you and your company long after it has been implemented. In fact, the ideal P.I.G. is one where you do the work once and it pays you over and over and over with little to no maintenance on your part.

An example of a P.I.G. could be a book, an audio CD, a patent, the licence to use your idea, a service that you contract out, and much more. Let's take a book as an example. You diligently research, compile, write, edit and proofread your book. Depending on who you are this may take you anywhere from 14 days to 14 years. Once the work has been done, a publisher will usually help with the marketing and promotion of the book. Once all that has happened, you the author are left with a passive income generator that will keep selling books while you sit in the sun enjoying a margarita.

Making money with a P.I.G. has become so much more important with the acceptance of internet commerce. Today, there are some amazingly quick, simple and inexpensive ways of creating a P.I.G. As an example, take a pay per click advertising campaign. This type of a business revolves around driving traffic from the search engines at a small cost to a sales site. Once at the site, automated software can take the browser by the hand and market and market the product until a sale is made. If the product is virtual like software or an e-book, no human ever needs to get involved in the transaction (other than the buyer).

Another example of an online P.I.G is an affiliate program. Pretend you sell a digital product like an ebook or audio book. Now imagine you get to work testing all kinds of sales literature until you create a very effective selling system on your website. All you need to do now to really expand your business is drive plenty of traffic through this system. By creating an affiliate program and attracting hungry affiliates, you stand to make a greater income while working less and less. The affiliates bring in the customers, your automatic sales website does all the work and once again you get to take off to a warm sunny destination.

So no matter what business you are in, think about how you can earn more money by adding a P.I.G. What parts of your business can you automate for complete hands free operation? Could you create an entire business where you create nothing but P.I.Gs? How much more money, free time and luxury would that add to your business and lifestyle?

Glen Jansen, author of the free ebook, "THE Best Money Making Ideas", helps home based business entrepreneurs find easy ways to make money online. Visit http://www.1st-in-earn-extra-income.com for more free information and money earning articles.

In The News:

How Accountants Can Win New Clients  Small Business Trends
Property Tax Relief for Small Businesses  Government of Nova Scotia

When to Say NO!

When is it a good thing to say no to... Read More

50 Ways to Save Money

There are countless ways to save your business money. Unfortunately,... Read More

Fleet Washing Expansion Considerations

Many times small businesses want to expand their businesses and... Read More

Mobile Car Wash Market Opportunities in California

The current lack of industry leaders represents an exceptional opportunity... Read More

Small Business Opportunities And The Tens

You may find this Newsletter a little long winded but... Read More

What is Rule 15c211 and Reverse Merger

Rule 15C211Under SEC Rule 15C211, a U.S. securities broker or... Read More

Operating Your Small Business ? Everything Really Is a Project

Do you operate your business as a series of projects,... Read More

Find Some Sample Payroll Check Stubs on the Net for Easy Reference

Starting a business? For many people, the bravery to venture... Read More

Asking the RIGHT Questions

Which questions do you need to ask to even get... Read More

Lubbock TX Good Market for a Service Business

We very much like what we see in Lubbock, TX... Read More

Increase Sales in Your Home Business With These 10 Simple Ideas

Every home business has the same problem of how to... Read More

Postcard Marketing Your Small Business

One of the best marketing strategies a business or organization... Read More

The Greatest Challenges the Internet Consultant Faces!

While there are few career paths that some would call... Read More

Small Business Owners - Form a Relationship with Your Bank Manager

It's just like a marriageTo expect a bank manager or... Read More

SBIR vs STTR

SBIR vs. STTR: If you are participating in the SBIR... Read More

Creating Lists to Learn About Yourself, Your Business and Your Customers

I love lists. I make them for everything. And I'm... Read More

Small Home Business: Ad Copy Secrets

So it's time to invest some finances into advertising your... Read More

Build Credibility with Expertise

As an Investment Representative you've worked hard to build trust... Read More

7 Advantages to Incorporating

There's no question that hard work and a little luck... Read More

Facts About Starting Elderly Group Home Businesses

There's been a recent rise in the number of elderly... Read More

Don?t Wait for the Perfect Plan

1. Don't Spend Too Much Time PlanningWhen you are entering... Read More

Do You Own Your Business Or Does It Own You?

What was your aim when you went into business for... Read More

Small Business Health Check-Up

If your home business is not performing the way you... Read More

An Example of Business Automation - eCards with pizazz

The last time I spoke and went into a bit... Read More

North County San Diego Small Business

North County San Diego has had some significant growth, and... Read More