15 Ways to Increase Your Income This Year

How to Increase Your Income This Year: A Step-by-Step Guide

1. Brute Force: Work More Hours

   • The fastest way to increase your income is by spending more hours monetizing it.
   • Focus on volume first by working more hours to see immediate results.

2. Negotiate a Raise

   • Negotiate a raise by demonstrating increased value through saving time, minimizing risk, or expanding the scope of work.

3. Work on Commission

   • Work for someone else on a commission basis to maximize your earnings without upfront costs.
   • The more you sell and the higher the value, the greater your payout.

4. Surround Yourself with High Performers

   • Learn from those who earn more than you by surrounding yourself with people who push you to work harder and think differently.

5. Incorporate Your Business

   • Set yourself up as a business and contract your services to your current employer to reduce taxes and expand your income opportunities.

6. Outsource Repetitive Tasks

   • Delegate repetitive tasks to others to free up your time for higher-paying opportunities.
   • Focus on monetizing your time effectively.

7. Invest in Real Estate

   • Invest a portion of your income in real estate to generate passive income and build equity over time.

8. Optimize Employee Productivity

   • Focus on maximizing the value per employee by assigning tasks that yield the highest returns for your business.

9. Create Exclusive Offers

   • Develop special offers exclusively for high-paying clients to increase your average order value and cater to a niche market.

10. Implement a Subscription Model

    • Transition your business to a subscription model to create recurring revenue and enhance predictability.

11. Offer Big Discounts

    • Reach out to interested customers and offer them discounts to close deals and monetize potential sales opportunities.

12. Start Something New

    • Instead of starting a new venture, focus on doubling the income of your current business for greater financial success.

13. Continuous Learning and Improvement

    • Commit to increasing your value as an individual through daily learning and improvement to drive long-term success.

14. Consistency is Key

    • Establish a routine and stick to it to achieve real outcomes and increase your income over time.

15. Use the Alux App for Guidance

    • Download the Alux App and follow the Foundation Week lessons to receive actionable ways to enhance your income and achieve success.

By following these steps and strategies, you can effectively increase your income and work towards financial growth and stability.