6 Weeks to Your Own PLR Business; Multiple Streams of Income
Published: Sat, 05/21/22
Little Daisy healed up really well from her surgery. It was pitiful keeping her in a dog pen in the living room because she didn't understand why, so we'd all take turns visiting her in it and sometimes I'd sneak her out but make sure the other dogs didn't roughhouse with her. She's back to her rambunctious self now, doing zoomies everywhere.
FYI: Tomorrow's email goes out at 9 AM EST and if you need to see what limited PLR is left and see what big, discounted store bundles are available, go here.
6 Weeks to Your Own PLR Business
Just a quick heads up that Tracy and Suzanne have launched a big course teaching people how to start their own PLR business (which is very lucrative).
It's called 6 Weeks to Your Very Own PLR Business and this is great whether you write, make images, video or audio. From their sales page - it's summarized like this:
For 5 weeks you get a video outlining the steps to take along with helpful printables & workbooks. The last week, you'll meet on Zoom for a Q & A call to make sure all your questions are answered.
Each week will include a video along with some helpful resources to make things easier. They will share the exact steps they took to create their multiple 6-figure business at Piggy Makes Bank.
They have checklists, guides and workbooks to help you. Here's how it breaks down:
Week 1: June 1, 2022
Choose a Niche
Decide on a Format
Get into the Right Mindset
Week 2: June 8, 2022
Research what sells
Plan your content
Start creating content
Week 3: June 15, 2022
Set up your infrastructure
Decide on pricing
Start a sales page
Week 4: June 22, 2022
Marketing & List Building
Create your affiliate program
Build your customer list
Week 5: June 29, 2022
Plan your next PLR pack
Get your customer service chops ready
Marketing - with or without social media
Good, bad & ugly of memberships
Week 6: July 6, 2022
Wrap up
Live Q & A call - recorded for your convenience
Check it out here:
https://piggymakesbank.com/amember/aff/go/Tiffany?i=550
Multiple Streams of Income Yield Big Results
How many streams of income are incorporated into your business? If you’re only coaching one-to-one clients, then you’re missing a huge opportunity to increase your profits and expand your reach. It’s all about reaching the most people possible in a passive way because we only have 24 hours in any given day and not all those hours are dedicated to working.Certainly your one-on-one clients are special and you can charge a premium price for those coaching spots since your presence is required. YOU are adding the value to those sessions so you pricing should reflect that value. Let’s explore other income options that will build your coaching empire.
1. VIP days – Save these days for your most dedicated clients because to be successful, you need to push through a serious amount of work. VIP days are usually 4-8 hours of solid, dedicated work with one single client. Consider it 4-8 coaching sessions wrapped into one day. For this reason not everyone can afford this pricing nor is every client accustomed to doing that kind of quick and strategic work all in one day.
2. Group coaching programs – Still require your valuable time but can be priced at a lower individual cost because your attendees are giving up some privacy in the group dynamic. In this scenario, you decide on the topic as well as the number of sessions. Be prepared to discuss your topic at length and then save time for questions. Not only can you serve more people at once but those who can’t afford your one-on-one coaching can still benefit from your coaching style.
3. Your own online course – Can you see the common thread of helping more people at a time with each of these ideas? Creating an online course requires work at the beginning – the actual production of the course – but then it can sell for years afterward. Your time investment is upfront and you don’t want to give your time away for free but this can still be less than group coaching. Many coaches create a “signature product” that focuses on their specific expertise and then they update it every few years.
4. eBooks – Whether you write one eBook or a series, you can help more people at one time. Marketing is still important, however, because eBooks are one of the lowest priced products available, so your profits will show up when you increase the volume of eBooks sold. Despite the lower cost, adding “Published Author” or “Amazon Best Selling Author” to your website helps to build credibility.
5. Affiliate marketing – what tools do you recommend to your clients? If you’re an affiliate, then you can earn a commission from every sale you refer. Percentages vary based on each product’s program but you can “advertise” these links in your blog, emails, social media, free reports, and paid products, so you have lots of impressions which equals lots of chances to earn commission. This is the easiest way for beginner coaches to implement passive income while building their business and attracting clients.
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