Serious question, folks: Have you ever put any thought into how to make money? Or at the very least generate considerably more earning power and revenue than you currently are?
What are some of the ideas you have that could shed some light on things. Or, what are you doing now that we can help with guiding you to better earning power?
Right now, for me, I have a public relations company. Not sure how to go about getting clients. I also have an online magazine, its new so I don't charge subscriptions. I do, however, run two contests- a short story contest and a poetry contest- that is a pay to enter contest. I am in my third year running both, but it has not been as lucrative as I thought it would be. I thought I would have been getting at least 300 entrants- at least 300 entrants.
The contests are geared towards Caribbean and Central American people of their respective diaspora's- meaning, they could be living in the UK, US or Canada and still apply once the can prove their lineage to the region. So far, they have not been yielding as much revenue as I envisioned. What am I doing wrong?
I also run a music competition that I raise money from sponsors for. Other than that, what else can my measly little PR company do? How do I take advantage of the information superhighway and make more money?
My mind is open to suggestions and comments.