@mya.nichol: One of my biggest pet peeves is when I see content that talks about passive income as if there’s no work involved once the income stream is set up It’s just simply not true. Now there are ways you can get your business to a place where things are pretty dang passive but even then, there’s still one key piece needed for passive income streams to work that will never be 100% passive… & that is VISIBILITY You need to drive traffic to your passive income stream(s) which means posting on social media, running ads, etc. All of which take time and energy & if you’re at the beginning of your business it takes work, hard work, to build up to a place where you have passive income streams and have those streams actually bring in income I didn’t make money while I was sleeping, on the beach, or playing with my baby until after I put in the work of selling my offers DAILY for months and building my brand I am a big believer in building passive income and I think everyone should have passive income streams set up but don’t get caught up in the notion that passive = no work Here are few passive income streams that are about as passive as you can get as an online business owner: -subscriptions/memberships (aka building recurring revenue) -affiliate programs that payout recurring commission -courses or any offer that is ran evergreen (aka not ran live) 👉🏼If you’re ready to put in the work and are ready to take your first step towards building passive income? Join my Around the Clock masterclass. Drop the word “clock” in the comments and I’ll DM you a link🫶🏻 this masterclass is only available for another 11 days!
Mya | Business Coach
Region: US
Wednesday 19 June 2024 19:29:21 GMT
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