Spend your PC$ first. Many times people forget that they have PC$ until the last minute. After they have tried every available option they have for cash, and either can’t find what they need or have spent all of their available cash, then they try to see what is available on PCX. However, conserving your cash generally works best if you do it the other way around. If you spend every PC$ you can first, then you will generally have a few things left that you still need to buy with your cash. But now you will be left with some cash. And that is really the goal isn’t it?

Today’s Tip: Spend PC$ first every time!

Aloha,

I am starting a new regular post called PCX tips. I will be presenting ideas on how to use your Private Currency Exchange to grow your business. PCX can be thought of a stepping stone to growing your business. We bring new people in your door, which gets your name out. But think about how those people can help your cash business as well. Figure out the best way to get referrals for your business. If you are a service business, you might just ask for referrals directly. However, if you are a retail business maybe you can give people coupons for their friends or family. Or if you are a business that sends out a newsletter, you can ask them to forward it on to other people. Think of creative ways to leverage the PCX members, that come to you, to bring in new cash business.

Todays Tip: Leverage your PCX business by asking for referrals.