Passive revenue streams are an amazing add to your business, but they take time and energy to get up and running. That being said, if your goal is to bring more money in without working more hours, then it may be time to incorporate some. Listen in to learn more about easy revenue streams you can start today to grow your business in 2022 and beyond.
Quick disclaimer, if your goal this year is to get more visible and build a bigger following, then bookmark or save this episode and listen to it toward the end of 2022. Focus on the big goal for the year before trying to incorporate more. But if your goal is to bring in more income, listen away.
First things first is determining which direction you want to go in your business. Are you leaning toward education? Digital products? Networking and affiliate relationships? Which makes the most sense for your personality and where you want to take your business?
Then you want to consider the right fit. For instance, if you’re a wedding photographer, then providing a digital product prepping for boudoir photography might not be the best offer for your business. You want your passive income stream to fully align with your overall business goals.
Last, take your time to create this stream. Again, passive revenue streams are not initially very passive. Be sure you’re putting the proper care and attention toward the creation of this product or low touch service, and then promote the heck out of it.
What ideas do you have for passive revenue streams?
In This Episode:
[01:07] Getting your passive income streams up and running is anything but passive on your end.
[02:02] “Make sure you are trading less time for more money.”
[04:18] Listen as I share some ideas for making passive income.
[08:05] Think of some other ways you can bring in money.
[10:58] Now figure out how to deliver it to your clients.
[13:00] You also must consider when you have the time to launch it.
[16:40] Do what feels good and authentic to you and take your time.
[18:41] Here is your homework.
[19:36] Thank you for listening!
Links and Resources
Where Should I Focus My Marketing Efforts For My Photography Business
Find Jenn:
@successbeyondthelens
@successbeyondthelenspodcast
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