MOB #24: Addressing Natural Attrition and Maintaining Your Income Once You’ve Reached Your Passive Income Goal
This really is not difficult at all for one very simple reason. One of the criteria for what we chose to market in the first place are services that are needed and where the merchants have a very high client retention rate due to the necessary nature of the need and the service itself.
There will be a certain number of people that drop off, so you’ll want to make sure that you are adding more clients each month than drop out. This will ensure that your income grows and does not decline as time goes by.
This is the other reason that they system was created the way it was. Once you’ve got the 5-Step system down, it will only take you about an hour to have the whole process underway and you’re done.
All you will need to do is once a month, or maybe twice, take an hour to go through the five steps. That’s it! The neat thing about this system is that it will allow you to give yourself a raise anytime you want!