Show notes
In this class we talk about practical ways that you can add more income to your freelance business. Some of you may be looking at ways to scale your income, while others may be trying to smooth out your cash flow on a month-to-month basis. In this Podclass, I unpack 6 excellent income streams to help you grow the business you’ve always wanted. Podcast Outline: 0:00 - Opening thoughts 0:45 - Introduction to topic: Adding more monthly income to our business and stabilizing our income 2:46 - Six Different Income Streams to Add to Your Business: 3:08 - #1: Niche Expansion (Service Expansion) 3:26 - Example - offering ActiveCampaign services 4:54 - #2: Consulting and Coaching 4:59 - Definition of an “implementer” 5:38 - Definition of a coach or a consultant 7:27 - The imposter syndrome 7:44 - Encouragement not to sell yourself short - You may know more than your clients do! 9:08 - #3: Public Speaking 9:58 - Types of speaking opportunities 10:27 - How speaking can be another income stream 10:55 - #4 - Affiliate Marketing 11:09 - Example of a successful affiliate marketer 11:27 - Definition of affiliate marketing 12:18 - Types of affiliate marketing activities 13:15 - The benefits of membership programs - how income can build 14:10 - #5 - Product Creation (Digital Product Creation) 14:50 - Different types of products you can create: 15:20 - Courses 16:50 - Digital Books 18:14 - Subscription Business or Membership Site 19:36 - Ecommerce Business (e.g. Dropshipping) 20:44 - Software and Apps (e.g. plugins for WordPress, mobile apps) 21:17 - Printables (e.g. checklists, calendars, to-do lists) 22:23 - #6 - Partnerships 22:36 - Practical examples of a partnership 24:40 - Recap of the different types of income streams 25:29 - Final thoughts and how to get on the notification list for Freelance University Resources and tools discussed in this episode: ActiveCampaign: https://www.activecampaign.com/ WordPress: https://wordpress.org/ Pat Flynn - Smart Passive Income: https://www.smartpassiveincome.com/ The Smart Passive Income Podcast: https://www.smartpassiveincome.com/podcasts/ Infusionsoft: https://keap.com/infusionsoft Skillshare: https://www.skillshare.com/ Udemy: https://www.udemy.com/ Teachable: https://teachable.com/ Thinkific: https://www.thinkific.com/ Kajabi: https://kajabi.com/ Amazon Kindle: https://www.amazon.com/Kindle-eBooks/ Kindle Direct Publishing: https://kdp.amazon.com/en_US/ Shopify: https://www.shopify.com/ Facebook: https://www.facebook.com/ Instagram: https://www.instagram.com/ Pinterest: https://www.pinterest.com/ More info on Freelance University: https://www.freelanceu.com/university/ ActiveCampaign workshop at Freelancer University: https://my.freelanceu.com/courses/mastering-active-campaign Freelance University Affiliate Program: https://www.freelanceu.com/partner-with-us/
