Take the Multiply Your Money Challenge
Participate in each of the activities below and when you’re done you’ll know how to increase the revenue of your business. Share your progress by joining the mastermind community.
Spend Money to Make Money
Our reference article emphasizes focuses on the long-term. Where does it make sense to invest in tools or advertising to grow your revenue, market share or profit margin?
Read the article and put some thought into what you can test doing to multiply your money.
Find Ways to Reduce Expenses
You know it is important to cut costs whenever possible! Check out our best cost cutting ideas for your business.
Then share your best tips for reducing costs with our mastermind community. Or ask members for advice.
Which processes, systems, and workflows are most integral to your company’s productivity and output?
Now think about how you can retool them to be more efficient. Share and brainstorm in our community.
Move Employees to Remote
How can you reduce what you spend on labor? Could you have employees work remote some days or all of the time? Or outsource some work to virtual assistants (VAs) or consultants?
Discuss with the community the pros and cons of each before deciding.
Focus on Customer Loyalty
Share Your Success
If we want to enjoy longevity in our businesses, we have to get real about bolstering profit margins and increasing take-home pay.
Let the community know here that you’ve completed the Multiply Your Money Challenge and what works best for you!
