You might have read the title of this article and thought that it sounds like one of those annoying “get rich quick” schemes. The truth is, it’s entirely possible to start a business and grow it to the point where you no longer have to worry about money.
What’s more, it’s even possible to do all that without hiring any employees to work for you. No, this isn’t some riddle. Today’s digital age makes it possible to achieve any sum of turnover without needing staff to work for you. The question is: how?
Work from home
Gone are the days where you need to spend lots of money on leasing business premises. These days, it’s easier than ever to forge a business empire from the comfort of your living room at home!
If you feel you need a dedicated space in your home for your business, you could always convert a spare bedroom into an office.
The great thing about the outsourcing industry is you can outsource virtually any aspect of your business empire. Put simply, you pay another company to perform a particular function like logistics, and your customers will assume it’s your business handling that side of things.
Did you know you can even outsource things like your company’s IT management? For example, you could get a firm to handle the IT systems for your virtual call center. They can build and manage the hardware, and your call center agents connect to them remotely.
Take a look at sites like www.inc-systems.com/ to see what kinds of IT systems management can get outsourced for your business.
Franchise your brand
When you build a profitable brand, the last thing you want is market saturation to drive down your turnover and profit. One way you can influence the number of businesses in your industry is by franchising your brand.
You might not realize it, but many of today’s well-known national and international brands are franchises. Check out this article over at www.entrepreneur.com/ to find out more on how you can franchise your brand.
Apart from lowering market saturation, another advantage of franchising your brand is you aren’t technically hiring any employees. Your brand can have branches or outlets wherever you wish, and you’re still not paying anyone to work directly for you!
Make your customers your unpaid sales team
Last but not least, many companies pay lots of money to hire salespeople. The perceived benefit of doing so is they help to generate those businesses new sales leads and orders. However, the reality is each firm’s ROI (return on investment) isn’t great.
It might seem like a crazy idea, but you could make your customers your unpaid sales team! You can entice customers with lucrative affiliate schemes. All they have to do is drive new traffic to your website, and new customers to sign up to your services.
Your existing customers could get a discount on their products and services from your business, and you get new customers and orders. It’s a win-win situation!
(Cover Image source: Pixabay)