If you have a woman owned business that is based on service to others like a beauty business, consulting business or coaching business the only way to increase your business to six figures without over working yourself is to find ways to add passive income programs to your authentic business.
What's amazing about having passive income programs is that it will help you get more VIP one-on-one clients who are willing to pay far more money for the privilege of learning from you in person.
So how do you add more passive income programs? I am going to share three steps that you can use right now.
- Kindle Books
You can expand on any “how to” or informative blog post you've already written and turn it into an authentic Kindle book. You simply compile the materials into the right format and upload. You can market your books on your website and on social media. You can even give them away free but remember to always include introductions to your other products and services within the pages of your book to attract more clients.
- Membership Programs
A group coaching membership is a great way to not only service your audience in a way that is practically self-serve but a way to introduce potential VIP one-on-one coaching or consulting clients to your methods in a less intimidating way. It’s a good passive income model as well as a good way to let your clients afford the opportunity to work with you via more affordable pricing and your clients get to know you so that they trust you.
- Podcasts
You may not realize it but you can make money from Podcasting. You can record them, put them on your membership website or on iTunes for a small fee. It’s a great way to get sponsorships for your podcasting program to bring in extra money.
Recording a weekly podcast doesn't take much time but it can bring you in consistent residual income in over time. You can re-purpose a podcast by transcribing it and making it into a print copy book.
There are so many ways you can create passive income programs that will add a steady stream of income to your authentic women owned business. If you use just one of the methods I shared, you will be closer to your six-figure income strategy goal.
Charlotte Howard is an award-winning transformational lifestyle coach, #1 international best selling author of the “Success In Beauty” book series, “Hair Stylist Riches” book series and How To Easily Publish and Profit. She is a book publishing expert who personally published over 40 best selling books in 13 different languages. She has been called by the Information Marketing Journal a “Information Marketing Genius” and featured in over 100 media outlets including ABC, NBC and FOX. Visit her website at: heartcenteredwomenpublishing.com
