Fast Cash: Taking Stock

You’ll find a number of techniques to help you generate cash throughout this series, and are based on the assumption that you’ve already carved out a niche for yourself and that you have a group of followers to market to. It doesn’t have to be a large market, but you do have to have one.

The first thing you need to do is take stock of what you have available that could potentially make you money. At this point, do not consider creating something new to sell, you need money in a hurry so the point of this step is to make use of what you already have.

Make a list that includes the following:

1. Half Finished Products - I think we all have these collecting dust among our computer files. You know those ‘great ideas’ you had for an ebook, report, coaching program, etc., so you set out to do it and then let it slide half way through? Find them all and write down what you have.

2. Domain Names - Internet marketers are notorious for collecting domain names. It goes along with those ‘great ideas’ we frequently have, so we jump the gun and buy the domain name before we even make a real plan its use. Jot down all the domain names that you’ve collected that you’re not doing anything with.

3. Websites - Yes, yet another thing we seem to have an abundance of. You likely have a couple of sites that you focus all your attention and money on, and then a few others that have fallen by the wayside. If this is the case, write down all the websites that you have like this and be sure to note what you have on the website in terms of content and how much income you make from it in a month (adsense, affiliate programs, etc.), if any.

4. PLR Products - Ah, the Internet marketer’s secret weapon. I’d be surprised to hear that you didn’t have PLR of some kind amongst your files. Even if you don’t think you do, do quick a search of your files anyway in case you picked something up and then forgot about it. It could be in the form of articles, reports, ebooks, software, etc. Make a note of everything you have.

5. Time - If you’re in need of quick cash, then you likely you have a deadline of some sort to come up with that cash. Write down how much time you have to come up with your goal amount so you have an idea of what strategies are going to work best for you. Needing money to pay all your moving expenses in a month is a lot different from needing it in a week to pay for dental surgery.

More about this tomorrow! Feel free to comment below…

Ian del Carmen