The same is true for nearly all coaches, healers, holistic practitioners and other spiritual entrepreneurs. That's how the industry works, after all.
But that doesn't mean it's not frustrating, right?
You've probably bumped up against an income ceiling you didn't like, or suffered with a serious income drop every time you wanted to take a vacation. Again, that's often seen as just the nature of the business.
You can work more, or raise your rates.
Again, working more is really only an option in the short term. You might be able to pull off a few weeks or even months of nose-to-the-grindstone work, but eventually, you'll hit a wall.
And yes, you could raise your rates. In fact, you're probably due for an increase right now, if you're like most coaches and holistic practitioners, but that will only take you so far, too.
Your market has a limit and once you reach it, there will be no more rate increases...until you reach super-star status, that is.
Now before you click off the page thinking that passive income is just some hype dreamed up by internet marketers to sell more courses, consider this:
The real definition of passive income is not money you don't work for, but money you work for once, and get paid over and over again. For example, when you write an ebook, you work really hard on it for weeks or maybe months, but once it's complete, those sales that come in are "passive".
Put that way, I think you'll agree that passive income is an option no matter what industry you're in. The only question is, then, how can you put this powerful income-generating strategy to work in YOUR business?
We've all seen the coach or infopreneur who seems to have dozens of products available all the time. It's a confusing mish-mash of options that - rather than increasing sales - actually dilutes the overall message.
You don't have to have lots of options. You just need one. Your signature product.
This is the key to your passive income dreams. It's what will grow your audience, increase your market share, and increase your profit margin.
And it will do it all without you having to work a gazillion hours continually producing more and more products.
In this 4-module course, I've taken the guesswork out of planning, producing and launching your signature product.
I'll take you from confused coach or holistic practitioner to crystal clear action taker in just a few short hours, so you can put together a solid offer that your ideal client will simply not be able to resist.
When you finally learn what your clients want and need (and most importantly, what they'll pay for) you'll be well on your way to realizing not only your income goals, but your lifestyle goals as well.
Everyone has one. It's what your clients are begging you for, but since they don't always tell you in so many words, you might struggle to figure it out.
In this module, we'll go over:
Now that you've got your new program mapped out - if only in your head - it's time to get to work actually creating it. Don't worry though, this will be quicker than you thought possible!
A successful launch doesn't have to involve an army of VAs and hungry affiliates beating down the door to get started. A simple, tasteful and timely launch will go far toward solidifying your brand and your signature product.
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Stop limiting your income to those one-on-one clients and group programs. Use the tools and techniques you'll find in this four-module course to develop your signature product or program - and enjoy the income boost that goes along with it!