We were having a conversation the other day and someone mentioned that shop owners find it hard to pursue a passive income stream since theyâre so focused on their products â both creating and selling. And sure, we acknowledge that it might not be the first thing on our minds, but it should be far from the last! If youâre asking yourself, âWhat even is a passive income stream and how can I create one?â Youâre in the right place.
First things first, a passive income stream is a stream of income that could make money without you ever having to hop on an intake call, answer an inquiry email, or even be awake! You create something once, publish it, determine how youâll market the product and release it into the world for people to buy.Â
But what can you specifically do? Today we focus on one suggestion (though there are many if this doesnât tickle your fancy!) and thatâs an online course. Think about what you know that people might be interested in. A few ideasâŚ
Once you have a course idea, sign-up on a website like Teachable or Skillshare that helps you to put your idea into a digestible format (not to mention they have tools that will help make it look #onbrand) and get to creating! The world is your oyster.
Tell us: What about passive income perplexes you?
and then Add to Home Screen.
