Misfit Entrepreneur
  • Start Here!
  • About
  • Podcast
  • Media
  • Archives
  • Blog
  • Speaking
  • Contact

Misfit Entrepeneur Blog

​

3 Ways to Grow Your Business That Cost Nothing

7/27/2021

0 Comments

 
Picture
​

Entrepreneurs are always looking for ways to do more with less.  Whether you are a seasoned veteran with a successful business or a new startup, you are always going to be looking for ways to grow.  Some ways of growing are worth the expense.  For example, hiring a great sales person.  But, there are other ways to grow that can help you succeed in big ways that don't cost anything.  Here are 3 of them.

1.)  Partnerships/Joint Ventures

One of the easiest ways to grow is to create a partnership or joint venture with another company or entity that has complimentary products or services.  You can then bundle your services with theirs an they with yours to create an even more compelling offer.  Additionally, you can do a revenue share together when you bring them opportunities and they can do the same with you.  You also get access to now sell to their customers and they get access to yours.  It costs nothing to do this other than a little time and ingenuity.

2.)  Affiliates

If you have a product that people people can buy online or without interacting with a sales team on your side, an affiliate program may be a good way to go.  You can pay commission to those that bring sales to your door.  This works great with influencers, brand ambassadors, and those with big networks looking to monetize them.  All this takes is creating an affiliate page for people to sign up and coming up with a commission structure.  You can use Paypal to start as a way to pay commissions and then go seek out influencers and those that would be a good fit with a good audience for your product or service and invite them to be an affiliate.

3.)  Current Customers

This last should come as no surprise.  One of the best places to get new business and grow is by getting referrals from your current clients.  If you take good care of your clients, all you really have to do is ask them.  But, you may consider putting in place referral program where they receive an incentive of some kind for referring you if it makes sense for your business.  Again, this costs nothing except taking good care of your clients and some sweat equity.

So, there you go.  3 ways to grow your business whether you are seasoned or start up that cost nothing other than time, a little work, and ingenuity.
0 Comments



Leave a Reply.

    Click Below to Join Misfit Nation and Get Your Free Copy of "The Top 10 Lessons to Thrive and Succeed!"
    Join the Misfits!

    Archives

    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016

    Categories

    All
    Entrepreneurship
    Life Lessons
    Mindset
    Productivity
    Sales
    Success Habits

    RSS Feed

    Follow Misfit on Twitter!
    Picture
    View my profile on LinkedIn
    View my profile on LinkedIn
    View my profile on LinkedIn
© MISFIT ENTREPRENEUR 2018. ALL RIGHTS RESERVED.  Terms and Conditions.  Privacy Policy.   Affiliate Disclaimer
Photos from shixart1985 (CC BY 2.0), focusonmore.com (CC BY 2.0), island deborah- New Book "Song of the Sparrow" vig, Frank Shepherd, shixart1985, focusonmore.com, TheTimeTraveler!, shixart1985, wuestenigel, wuestenigel, shixart1985, homegets.com
  • Start Here!
  • About
  • Podcast
  • Media
  • Archives
  • Blog
  • Speaking
  • Contact