Archive for the ‘Passive Income’ Category

Turn Your Design Knowledge Into Quick Profits

October 15th, 2009 by Nika Stewart | Comments Off
Turn Your Design Knowledge Into Quick Profits

If you are looking for a quick way to profit from your expertise, teleseminars are the way to go.

Teleseminar: An informational presentation done over the phone, where people can attend (call in) from all over the world.

Why should you add teleseminars to your business repertoire?

  • You gain credibility by boosting your expert status
    Teaching a class in design gives you professional clout. You are instantly seen as the expert designer with all the answers. And the easiest way to present a class is by doing a teleseminar. It is not only more relaxing for you (because no one is looking at you, and you can teach in your PJ’s from the comfort of your office, kitchen, or bedroom), but it is easier and more relaxed for your attendees, as well.

  • Generate another stream of income
    Many potential clients are just not ready to spend the “big bucks” on full design services right now. They may be perfect clients in the future, but in the meantime, they would be thrilled to pay $25 – $250 to learn some of your design techniques. Take advantage of this great opportunity, and create another stream of income by teaching over the phone.

  • Leverage your time
    As designers, we traditionally work one-on-one. With teleseminars, you can teach an unlimited amount of people at the same time. Whether you have 3 participants on the line or 300, you are doing the same amount of work. Leveraging your time like this – to give value to more people while doing the same amount of work – is how you create bigger wealth for yourself.

  • Create an instant product
    By recording your teleseminar, you have created an instant digital product that you can sell on your website – for an additional stream of passive income.

  • Expand your reach
    I know there are many of you who want to be known and recognized around the world. With teleseminars, you are no longer limited to your local market. You can promote your teachings anywhere, and you can get clients from any state or country. All they need is a phone, and they can join in your class. Become an International speaker instantly!

Teleseminars are very inexpensive to produce In fact, you can do them for free!

I encourage you to plan your first teleseminar right now. If you’d like to learn exactly how to get started – and get a specific, simple step-by-step guide to doing teleseminars, check out this useful program.

Can’t wait to hear about your teleseminars!


Multiple Streams of Design Income

December 15th, 2008 by Nika Stewart | No Comments
Multiple Streams of Design Income
span class=”Apple-style-span” style=” font-style: italic; font-family:Verdana;font-size:13px;”span style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”span class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”Let me give you a little-known secret for protecting your income – no matter what the economic climate: /span/spanbspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”multiple streams of income./span/span/bpspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”Let’s face it. If you have income coming in from /span/spanbspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”various sources/span/span/bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”, you are less likely to suffer when /span/spanispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”one/span/span/ispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” or /span/spanispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”two/span/span/ispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” of them is slow./span/span/ppspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”As designers, most of us have ONE source of income: /span/spanispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”working with clients./span/span/ispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” Yes, we do many things for them and sell various products, but THEY are our only way to make money. /span/spanbspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”Without clients who are willing to hire and pay us, we have no business./span/span/b/p/spanp/ppspan style=”font-style: normal; font-weight: normal; color: rgb(153, 0, 0); color:#990000;”bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”But it doesn’t have to be that way!/span/span/b/span/ppspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”span class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”Designers are finally learning that they can make money from other sources. And I do NOT mean getting another job working for someone else or starting a completely new business. All of your streams of income can be /span/spanbspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”design related/span/span/bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”./span/span/span/pspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”pspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”This is one thing that sets apart the designers who are thriving (and truly /span/spanispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”confused/span/span/ispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”about why everyone is whining) and those who are buying into the overwhelming complaining about how “bad” the economy is./span/span/p/spanpspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”span class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”One of my favorite things to do when I coach designers is look at their current income stream (working one-on-one with clients), and then talk about what they really love about it. Then I help them figure out other outlets for creating income, taking into account their passions and talents. This not only helps guarantee more money for them (even in “tough” times), but /span/spanbspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”they start enjoying what they are doing more than ever./span/span/bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” For the purpose of this article, I’ll share 3 examples of additional streams of income for your interior design business./span/span/span/ppspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”1. Writing:/span/span/bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” Put your expertise down on paper. You don’t have to be a five-star writer to profit from writing. There are many possibilities for income when you write about design. Newspapers and magazines are often looking for a steady columnist. If you are ambitious, publish your own book! The quickest way to make money this way is to create an /span/spanispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”e-book/span/span/ispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” and sell it on line./span/span/span/ppspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”2. Teaching:/span/span/bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” Even when homeowners aren’t spending as much on decorating, they still want to know how to make their homes beautiful. Since you know a lot of tricks of the trade, why don’t you share some of them? You can teach live classes at a local college or in your showroom. Or you can make it even easier, and use my favorite way to teach – as a /span/spana href=”http://www.windowdressernj.com/HowToTeleseminarsRec.htm”span class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”teleseminar/span/span/aspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”./span/span/span/ppspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”3. Membership Programs:/span/span/bspan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;” Large stores have been profiting from this stream of income for many years, and it’s time for you to join the bandwagon. What can you offer your clients and prospects as a wonderful convenience? Customers pay you monthly or yearly to receive certain benefits, like upholstery cleaning when needed, service calls on motorized window treatments, carpet freshening, pillow fluffing, etc./span/span/span/ppspan class=”Apple-style-span” style=”font-style: normal;”span class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”br //span/span/span/ppspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”span class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”For designers, sources of income are really unlimited. I’ll keep sharing more ideas in upcoming ezines. But please get started. Add an additional stream of income now!/span/span/span/ppspan style=”font-style: normal; font-weight: normal; color: rgb(0, 0, 0); color:#000000;”span class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”Seriously folks. You can sit around complaining (and watch what you are focusing on become a reality in your life), or you can join me and create more streams of income. /span/spanispan class=”Apple-style-span” style=”font-size:medium;”span class=”Apple-style-span” style=”font-family: arial;”What is your choice?/span/span/i/span/pdivbr //divpspan style=”font-family: Verdana, Geneva, Arial, Helvetica, sans-serif; font-size: 10pt; font-style: italic; font-weight: normal; color: rgb(255, 255, 255); font-family:Verdana,Geneva,Arial,Helvetica,sans-serif;font-size:85%;color:#FFFFFF;”/span/pspan style=”font-family: Verdana, Geneva, Arial, Helvetica, sans-serif; font-size: 10pt; font-style: italic; font-weight: normal; color: rgb(255, 255, 255); font-family:Verdana,Geneva,Arial,Helvetica,sans-serif;font-size:85%;color:#FFFFFF;”/span/span


Leverage your business using the Internet

May 13th, 2008 by Nika Stewart | No Comments
Leverage your business using the Internet
span style=”font-size:130%;color:#ff6666;”strongAnd make a lot more money, while working less/strong/spanbr /span style=”font-size:130%;”/spanbr /span style=”font-size:130%;”My next program designed to help you skyrocket your income – while working LESS hours – will be starting in June. It is an intensive course that includes lots of one-on-one time. I am going to show you specifically how to use the Internet to leverage your business – and create extra money every month. (This program requires a strongsubstantial investment/strong, and if you think it is for you, /spana href=”mailto:scott@wealthydecorators.com”span style=”font-size:130%;”email my assistant Scott/span/aspan style=”font-size:130%;” for more information)/span


Do you want to create a source of passive income?

May 12th, 2008 by Nika Stewart | No Comments
Do you want to create a source of passive income?
span style=”font-size:130%;”I’m thinking up ways to help you work less. I got lots of emails asking for more information after I sent my article on strongcreating sources of passive income/strong (see below). So I’m creating a program to help you design your own passive income product. But I need your help! If you are interested in creating an e-book or doing teleseminars from home, would you take a moment to answer a few questions for me? Your answers will help me design a program that meets your needs.br /br //spana title=”http://rs6.net/tn.jsp?e=001WpDpW_HgjMsVOH2xBZwtmfPdEqxIAkj5sOE1uks3T9uCOPUU5zMprZJIvq90CfENyhqq4ZXGsfhBw6Y4rGql6mTp-wf5o0xAX8Jk7nxmoGcSmaNiEVLNQbWhSloTcHVzDvuqGvyfxrTw1F0lu9CDfhyxdzLRB2wj_ra-I13ld_I=#10;CTRL + Click to follow link” href=”http://www.surveymonkey.com/s.aspx?sm=QUjIkVl4ZNxWL9Sys028Ew_3d_3d”span style=”font-size:130%;”Take the survey here/span/aspan style=”font-size:130%;”./span


Stop Trading Hours for Dollars

April 7th, 2008 by Nika Stewart | 1 Comment
Stop Trading Hours for Dollars
span style=”font-size:130%;”span style=”color:#ff0000;”(Create Passive Income)/spanbr /br /emOnce again, I’m actually writing this article from my bath. You have to try this! It’s so much fun to get work done while soaking in the tub. /embr /br /emThis is a perfect example of what you can do if you learn how to leverage your time and create passive sources of income for yourself (I explain all this in the article below)./embr /br /span style=”color:#ff0000;”strongHow Designers Can Make More Money in Less Time/strong/spanbr /strongspan style=”color:#ff0000;”/span/strongbr /How did I turn my struggling 7-day workweek into a thriving, successful design business (where I work only 4 days a week, make lots more money, and enjoy my life more than ever)?br /br /Well, of course it wasn’t from applying one single technique. But I want to share one of the best things I did to create more income strongAND/strong emmore free time./embr /br /I created a source of passive income.br /br /strongWhat is passive income?/strong Basically it is something that brings in money emeven after you are done doing the work./em The traditional business model for interior designers is working with clients one-on-one. Well, even if you had a completely full practice, you still have a ceiling on how much you can make. You can’t work more hours than there are in a day (although many designers often try!).br /br /But what if you finished doing work for a client, and then other people emkept paying you for the job you did?/em Sound like a fantasy? Well, when I created my first e-book and saw sales come in while I was sleeping (literally!), it emdid/em feel like a fantasy.br /br /Yes, an e-book is a source of passive income (and designers and decorators are finally joining in on this incredible source of profit). Here are some other ideas for generating income when you are not actively working:br /br //spanullispan style=”font-size:130%;”strongCustomer Care Membership Programsbr //strongBe creative and offer a service that your clients pay for monthly or annually/span/lilispan style=”font-size:130%;”strongRecorded Seminarsbr //strongThese can be delivered digitally or on CDs /span/lilispan style=”font-size:130%;”strongLive Seminars or Teleseminars/strongbr /Not exactly “passive,” but a great way to leverage your time, by presenting to many people at once /span/lilispan style=”font-size:130%;”strongRentals/strongbr /If you have an office or showroom, you can rent a part of your space to a complementary (but not competitive) business /span/lilispan style=”font-size:130%;”strongAdvertising/strongbr /Yes, YOU can make money on other people advertising – on your website, your newsletter, etc. /span/li/ulspan style=”font-size:130%;”I’m not saying that it doesn’t take work to create these passive income sources. Good products take a lot of care, energy, and commitment (and sometimes quite a bit of time) to create. But once the work is done, it’s done. emYet the money keeps coming in!/embr /br /strongInstead of the traditional model of:/strongbr /Work for a client, get paid…. Work for a client, get paid…. Work for a client, get paidbr /br /strongYou can transform your business into:/strongbr /Work… get paid, get paid, get paid, get paid, get paid, get paid, get paid, get paid…br /br /So come join me (there’s room in my bathtub for everyone)!br /br /strongspan style=”color:#ff0000;”/span/strong/spanbr /br /strongspan style=”font-size:130%;color:#ff0000;”/span/strong