One thing I love about the coaching business is that it opens up so many possible streams of income. Most people think of coaching as a fee-based business. But that’s linear income: you trade your time for money. If you don’t show up for your call, you don’t get paid. Why not work harder, not smarter? Create multiple streams of income from things like speeches, information products, books, etc., and make them into passive streams of income by making them things that you can sell over and over again, through a website, at the back of the room at a seminar, and through sales on other people’s sites. You do the work once, get paid over and over again. Why not get paid while you sleep? Works for me!
Leave a Reply