Does your business allow for “mailbox money” and a lifestyle you love? If not, what would you need to create this?

Let’s start with the definition of mailbox money. This is the money you receive both in your inbox and in your physical mailbox.

I first heard the term Mary Morrissey. When I heard your definition I realized that I have had mailbox money for years.

Depending on how you’ve set up your business, you probably have a general idea of ​​a minimum amount of money that will come in daily, whether it’s a few hundred or a few thousand. Beyond the baseline, you probably don’t know how much cash will arrive on a day-to-day basis. The reason? Multiple streams of income that fluctuate from day to day.

Multiple streams of income is exactly what it sounds like; money that comes from various sources. One way to create multiple streams of mailbox money is with information products; yours and the ones you sell for others.

The more information you have to offer that interests your market, the more revenue you can generate.

If you don’t have products of your own, you can start by becoming an affiliate marketer. Make sure that you are selling to whoever you are selling to and whatever you are making available, that you are selling an exceptional product or service that you are proud to make available to your market. Never, ever, ever sell anything you can’t put your personal stamp of approval on.

Keep this in mind.

Don’t sell just to make money. Making money simply for the sake of making money can be short-lived. Start from the point of “What would create the most value and really serve my market?” When you think in terms of service, the money will follow for a long time.

You may need to test some products to identify the sweet spot of your markets with both the type of information you are entering and price.

Some online entrepreneurs are very successful selling the products of other experts. Others prefer to create their own. Others like a combination of the two.

I prefer the second one.

If you plan to develop your own products, now is the perfect time to start. However, it will do you good to plan what you are going to present.

Follow these simple steps to get moving in the right direction.

• Identify what your potential customers are interested in. A survey can help considerably in this area.
• Determine what knowledge you have that people would be willing to pay for.
• Decide the format of the information product; video, audio, MP3.
• Determine the method of delivery; ClickBank, autoresponder, others.
• Determine the method of payment; PayPal, credit card.
• Develop the product.
• Develop a landing page. If you’re not qualified, you can find many enthusiastic designers on elance.com or get a free or low-cost template program.
• Market.

Obviously, there are more details that I could cover, but this will be a great place to start. I can assure you that when you have several things to offer your market, both yours and other experts, you will get very used to seeing your “money mailbox” arrive daily.

In fact, you will know what it means to have a lifestyle business.

What is your experience with mailbox money? Are you getting your share?