>> If
you really want to earn more money with your at home
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 to earn long term income.
What exactly is a Passive Income Generator?
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?
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