Somehow, some way, you wound up gaining a ton of money through unexpected means. While this is a lucky break, the truth is that wasting this money would be a bad idea. Just because it’s money you didn’t expect doesn’t mean it’s not money you could use. Is there a bill you haven’t been able to pay? Maybe you require a much needed paycheck yourself. If you can’t think of anything else to do with it, at least save it and make some interest off of it. However, you can also do one of the two things below.
Give Your Employees a Bonus
If you want to motivate your employees to do better, hand them some cash. If everyone is getting a good salary (including yourself), then you can pass on some of your windfall money to your hardworking team. Even a few hundred dollars per team member can be a welcome blessing to just about anyone. You’ll see a rise in morale and productivity.
Build a Blog
Blogging may seem out of your league, and in some ways, it can be quite complicated. Still, direct traffic leads (i.e. leads which come from blogging and active content) have an incredible 15% conversion rate, which equals many more sales for you. Websites with blogs also have an average of 50% more visitors to their websites on a monthly basis. If you don’t think you can manage your own blog, there’s no shame in hiring a freelancer to get things done for you. They are often much more experienced at blogging and can write expert content for reasonable prices. Alternatively, you can teach yourself to blog. Either way, a blog is an excellent investment.
