The 5 Commandments of Building a Passive Source of Income
We’re all craving that freedom to have time to enjoy yourself and at the same time, have the money to support what we want. Suddenly, we realize that reality doesn’t exactly work that way and we get bummed out because it gets difficult fast. It takes years before you can get your career at a good stage and even with that, you feel like you’re already trapped in a dead-end. However, there’s one thing (or more) that can change that — multiple sources of income without having to increase your work hours. SO, here’s five reasons and rules when building yourself these kinds of income streams that will change your life. It’s time to explore another passive source of income!
How to Price Your Online Course So That It Sells Super Fast
Creating and selling an online course is a big investment. You spend countless hours putting together a good course curriculum, targeting the right audience, and hope for the best. It is a product of your passion and determination! But, how do you make money from it? How do you figure out online course pricing? Understanding how to price an online course can be intimidating, especially if it’s your first time to create one. By looking into the amount of work you put into creating your course business, and valuing your hard work, you will be able to know the right cost your target market will be more than willing to pay.
What is the best type of passive income stream in 2020?
When it comes to making passive income, there’s a lot of buzz words, scams, schemes, and all sorts of shady things that go on. However, if you know where to look, and you know what things REALLY work… you can start living an amazing lifestyle that’s abundant with both time and money. Let’s face it… we all want time. We all want money… but the problem with this is that most of the time, we can’t have both. If we want money, we were always conditioned to think that we should work more, work harder, and we’ll be rewarded. On the other hand, if we wanted more time to do the things we loved, we had to work less, take less responsibilities, and just take it day by day. I suggest you look for awesome passive income streams this 2020.
5 Reasons you should choose to build a Course over a Membership Site
For some, the idea of building a course is already a handful. Everyone thinks it’s an extremely time-consuming task (or you could say it’s a whole project!) to add to your plate. While yes, it does take a while to make, it doesn’t take you as much time as you might think. Here, we’ll be talking about five reasons you should really consider building your course PLUS, some actionable steps you could take that’ll make things easier for you to get started. Also, as a bonus, I’ll also be talking about some of the downsides of having a successful membership site instead of a course. So, are you ready? Let’s get crackin’!
Should You Build A Course Or Build A Membership Site?
Should you build an online course or a membership site?…especially for those who do freelance— charge per hour, bill per project, or those who require a constant amount of time when working. What are the benefits of building a course vs building a successful membership site for your business? I’ve been a coach during my early days of building my business. I’d impart my knowledge, my skills, and my expertise to others who need it day in and day out… and it was a fun experience. I got to meet a lot of people, help them out with their own businesses and learned a lot of things in the process.
What Is The Best Type Of Passive Income Stream?
First, what is passive income? Basically, it’s earning income except you get it without doing any extra work or any extra effort! You’re being paid without spending hours and hours working. Are you ready to generate your own passive income streams this 2020? There are lots of passive income strategies you can explore out there for long-term success!