How to make money while you sleep – is it even possible?

Make money while you sleepWhen someone told me I could make money while I sleep I thought yeah, right…..

You’re probably thinking yeah right, too

So let me tell you a story….

Some years ago, I used to run a little bed and breakfast business in France, and when I first opened it in 2000, we didn’t even have the internet!

We’d wait in on Friday nights to see if anyone turned up. Most of the time someone did, but hey, we weren’t relying on the money to pay the bills, it was just a bit of fun for me, so it didn’t really matter.

Fast forward to 9 years later, and suddenly, overnight, that little B&B had become our only source of income and making €10k a year just wasn’t going to cut it. Something had to change…..

In that time lapse, the internet had happened and that made a huge difference to the way we did things. I discovered that I could make money while I sleep.

Yes it was real.

And all it took was a change in the way I did business, to allow guests to book online whenever they wanted, from wherever they were in the world, and make a deposit payment into my Paypal account.

I can still remember the excitement when I opened my email in the morning to find that someone had booked a room and paid me some money, while I was sleeping! Incredible!

So how does this relate to you and your business?

Making money while you sleep is not just for B&B businesses. It can work for any business, and it works especially well for service providers, professional services, and those in the “how to” sector of business. Is that you?

If you’re in any way in the business of selling expertise or know how, then this model can and will work for you. I worked with a client recently, and we packaged up some of her products and services which were lying around gathering dust on her computer, and within a couple of months, she had dramatically increased her income.

I helped another client with her systems to sell online and make money while she slept.

There is a system to making money while you sleep, and it’s not complicated. However there are a couple of moving parts:

  1. Decide on who you can best help, specifically and what their “pain” is that you can help alleviate
  2. Do a quick survey to find out what their words are when they describe ther “pain” – it’s very important to use their words
  3. Create a free report, addressing 3-5 “pain” points and use their words to desribe the problem and then offer the solution. Caution here – you don’t want to be giving away the whole farm here, just what you do to help solve the problem, not the “how to” – that’s for later.
  4. Use client testimonials to back up your claims. Just one liners will be good enough
  5. Let them know inside the free report what their next steps are to get your help – is it a free consult, is it your next low cost product, is it taking them to a webpage? Always be thinking about the next logical step that your potential client needs to take to solve their “pain”.

I want to inspire you to put in place a mechanism where you too can make money while you sleep. How good would it feel for you to know that your business is making money without you?

How good would it feel to know that you are in control of your income?

And how good would it feel to know that you are serving hundreds of people without you even being there?

Just imagine the impact you could have on the world, if you took the time to learn how to do this.

Could you change the way you do business to allow people to purchase from you while you’re sleeping?

How good would it feel for you to wake up in the morning and find that someone has bought something from you while you were away in never-never land?

How hard is it for people to buy from you? Are you putting YOU in the way of that smooth online purchase?

Do you even have anything that people can buy while you’re not there?

Ponder on this, because in the second of this 3 part of this blog series, I’m going to show you how easy it is to set this up, no matter what business you’re in. So stay tuned

In the meantime….. To your success

Yvonne

yvonne-halling

I am a Consultant/Mentor/Coach to fast moving small business owners who have ideas in the morning, create products in the afternoons and want to sell them overnight while they’re sleeping. I’m an award winning online marketer, and an expert in systems and processes which make money.

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