Why it pays to use a proven passive income business model
You could say I’m something of an expert (or at least almost obsessed) in making passive income. I can’t stop myself from talking about it all the time!
I love this business model and believe it is the best digital business model.
Why do I love it so much?
Passive income fulfils these basic principals:
- You have a sellable, digital product.
- There’s an automated process.
- It can sell an infinite number of times.
This model means you create one digital product that requires no further customization or work on your part. It is ready to sell “as-is” in a digital file. Once you utilize an automated process that handles the transaction and file transfers, you only need to wait for your revenue to hit your bank account. Best of all, since it’s a digital product already set up in an automated process, it can sell repeatedly.
Imagine creating a $5 digital pattern file that is purchased 100 times. That’s $500 for one product you made. Imagine having a whole library of digital products that can perform this way.
Passive income for artists is like a match made in heaven. It’s a great way to monetize your existing work, make money off your hobby, supplement your income, or even help you begin your solo artistic career. Some graphic designers even make a living with passive income.
And you don’t even have to be a traditional or digital artist!
If you are a creative of any kind, you can find a way to create passive income streams. Check out what Karen did with her bead-weaving hobby. She makes patterns for bead-weaving that she will be able to sell over and over again.
What It Means to Fast-Track Your Passive Income and Why You Should
When you start a business of any kind, there is plenty to learn. You can start from scratch and learn the ropes as you go. But learning a business model while starting a business are two different tasks to do at once. You will make mistakes, pick the wrong platforms, and create products that do not sell.
You may even quit since you couldn’t figure it out. Many do: it’s hard, a little humbling, and it’s easy to lose patience. Or even worse, people have all the patience and desire but lack time to learn while also creating.
Fast-tracking your passive income business means taking someone else’s proven model and adapting it quickly to your needs.
Instead of figuring it all out from the ground up, you can invest in a model someone else has already tested with their own mistakes and sales.
“But everything you need is available on the internet for free!”
This argument is used against hiring a coach or purchasing a course or blueprint. Yes, it’s true, most things are available on the internet for free. Here’s what often happens when you stick to free information on the internet:
- You get overwhelmed by all the different opinions and methods.
- It’s easy to take bad advice.
- You will spend A LOT of time researching.
- You will be trialing each idea to see if it works.
People in competitive sports do not get their advice and routines from the internet. They hire a coach who already has a tried and true routine.
Sometimes you save money, in the long run, to invest in the proper starting foundation. It not only gives you more time to create, but it gives you confidence in your business.
How to Fast Track Your Passive Income for Beginners
There are many business coaches and courses out there that can be overwhelming to pick the best one. What is the best one for you? Here are a few things you will want to look for:
- Numerous and positive testimonials
- Created by someone who LIVES passive income
- Gives you a comprehensive, in-depth, and step by step process
- Offers a free sneak peek into the training to make sure it’s right for you
- Includes a community to ask questions with other students and the instructor
- Lifetime access to the course
are you ready to start
making money while you sleep?
the beginners' guide to passive income
When you purchase my course, you’re getting my personal step-by-step process that took years of trial and error to create. I’ll help you figure out the real mental block that is keeping you from starting.
It has all my mistakes, best secrets, and guidance on testing, selling and pricing your products. Additionally, I show you how to boost your automation to keep your shop running smoothly.
what students are saying...
I set out to create the best passive income for creatives course that would be all you need to fast-track your new business.
And, hey, did I mention my course includes a bonus 1:1 call with me?
“Claudia was very helpful during our call, she had looked at my existing work and helped clarify for me future goals and steps to reach them.” – Anna Kennedy