When you first think about becoming a life coach, you probably think about setting up coaching calls and working one-one-one with clients.
Of course, working with people one-on-one is one of the best ways to facilitate change for your clients and offer your services.
But one-on-one coaching is actually only one path to making money!
While I’m definitely a fan of learning how to market authentically so you can book out your coaching practice, I’m also a fan of creating multiple revenue streams.
It’s just smart business and money sense!
That means that the richest people in the world do not rely on just one avenue to make money.
They go out and create multiple streams. That way if something happens in one area, they’ve still got other areas to back them up.
In most millionaire’s worlds, that probably means real estate plus investments et cetera.
But even if you’re not a millionaire mogul just yet, you can still apply this same principle to your own small coaching business.
This is one of the reasons why I’m so passionate about passive income!
One of the things I’m really great at as a spiritual business coach is helping people find more (bigger! better!) ways to serve their community and make money for themselves.
So if you need a little help thinking outside the box with how you can create multiple streams of income for your spiritual or life coachi