I was recently asked about multiple streams of income for coaches. Creating multiple streams of income is a passion of mine, and something that I teach to my clients. I think that different income streams is the best way to leverage your time and earn more money. Many streams are about packaging your knowledge into different Here are a few diffent income streams that I recommend to my clients:

– Ebooks and Special Reports. Many professionals package their knowledge into an ebook, and/or create shorter special reports on smaller topics.

– Group coaching – lower fees per person, and better profits for you.

– Teleseminars. A great way to teach your target market in groups, and get them familiar with what you have to offer.

– In person workshops.

– Subscription web sites.

– CDs.

– Audio recordings.

– Ecourses.

– Selling other people’s products.

There are many different ways to re-package what you already know, and create products from it. I teach members of MarketingSalad.com how to take their knowledge and turn it into products and passive income streams.

This entry was posted on Friday, August 4th, 2006 at 3:16 pm and is filed under Internet Marketing, Internet Marketing Coaching, Solopreneurs, Teleseminars. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.