Episode #234 – Make Money While You Sleep… But Do It To Infinity!

“Don’t stay in bed, unless you can make money in bed.” George Burns

That quote is really funny… I remember the old TV advertisements that promoted a system, “Place one tiny ad in the newspaper and watch the money roll in your mailbox” – this was the original equivalent to making money while you sleep.

Now it’s much easier!  You can make money while you sleep by selling products online.  If you haven’t had the opportunity to wake up, check your email and see new money!  Meaning, new orders.  You’ve got to find the way to  make this happen.

In fact, what’s even better is when you forget to mute your phone and you are woken up at 3:00am to the sound of the cash register ringing.  HA!  Perfect.

But really, the ultimate goal when you set up your Infinity Marketing Machine is to have one form of it connected to an Infinity Product that sells itself.  You may think of this like a product you sell on Etsy or eBay, but look even a little further.

Is there a product that you currently sell that can be converted into a subscription product?  That way every month, you receive payment.  Any long term rental product can be converted into a subscription… for example, the lease payment of your car!   Every month you pay the same amount, over and over.  Gym and health club memberships are subscriptions.  Time shares are also subscription based.  Maybe you sell T-shirts… is there a demand for a “T Shirt of the Month” club.  Look at what you already sell and see if there is something that can be converted into this “Infinity Product” type model.

For me, I’ve created the level one social marketing system. It’s a small calendar/guide that I’ve dubbed “Best and Simple“.  It allows you to practice your consistency and get into a habit.  It’s a digital product, therefore, it’s an Infinity Product.  It’s the same concept as a freemium, but it has more information, therefore, I charge for it.  But check it out to help understand how you can make money while you sleep… the ultimate reason we are all building our Infinity Marketing Machine!

Character + Content/Consistency + Goals/Motivation + Customers =
Infinity Marketing Machine

PS: thanks for reading!  I really appreciate you being here.  Make sure to “like” this post… and follow me! (and please do me a favor… if you want more great ideas like the one in this post, just fill out this form and I’ll send them to you…  start here

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Action Steps
1-  Brainstorm 3 ways you can create Infinity Products, either by subscription model or by info / downloadable product!
2- Install my free app! (SmallBusinessClubApp.com)

Podcast:
Listen to Episode #234 of the Two Minute Commute audio blog Podcast

 

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