Today’s episode is the final chapter in my revamped, three-part series on getting started with your own passive income business.
Part One brought you the basics, exploring what to put in place before creating your business. Part Two walked you through building an audience once you’ve laid your foundation and a few different models for generating passive income. In Part Three, I’ll explore even more passive income business models that will help you break free from trading your time for money.
I’ll explore how to get started with membership sites, software, and productizing other freelance services. Each of these passive income models allows you to put in time up front, reap long-term profit, and experience the flexibility and freedom that makes the passive income lifestyle so incredible.
No matter what approach you choose for your online business, I hope this series inspires you to take the plunge!
In this episode, you’ll learn:
How to get started creating a membership site.
Software tools for building your membership site.
How to keep your members coming back with new and valuable content.
The biggest, most appealing value-add you can include in your membership site.
Ways to engage your membership community on a personal level.
Strategies for maintaining retaining members across billing cycles.
Tips for getting started with software business.
The hard lessons I learned while building a software product.
The key to turning your freelance gig into a passive income stream.
Stories from my personal experiences with each of these income models, and more!
Right-click here and save-as to download this episode to your computer.
Links and Resources Mentioned in This Episode:
Smart Passive Income Podcast Episode 192: Types of Passive Income Generated Online and What to Expect from Each – Part 1
Smart Passive Income Podcast Episode 193: Types of Passive Income Generated Online and What to Expect from Each – Part 2
WP Wishlist
Zippy Courses
Teachable
Internet Business Mastery Academy
BuddyPress
Vanilla Forums
Fizzle.co
Slack
Smart Passive Income Podcast Episode 46: Building a Lucrative Business with No Ideas, No Expertise & No Money with Dane Maxwell
Smart Podcast Player
ColesClassroom.com
CoverActionPro.com
ConvertKit
Smart Passive Income Podcast Episode 185: Solving a Problem by Building It Yourself – The Story Behind ConvertKit with Nathan Barry
Smart Passive Income Podcast Episode 158: How to Productize Your Service-Based Business
99Designs.com—$99 Power Pack of services, free!
Thanks for Listening!
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Thanks for listening in this week! Until next time!
Transcript
Click Here to Download the Transcript for Session 194 (PDF)
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