Lawyers need more than one income stream to thrive these days. Some people believe that passive income is like getting money for nothing. Nothing could be further from the truth.
Passive income is about creating a product once and selling it many times. It takes marketing and networking to sell your product. There is definitely work involved. But if you get it right, you also get an ongoing source of income that can smooth out your cashflow or provide needed income if something happens to you.
In this mini-masterclass, I discuss the reasons to add income streams and several ways for lawyers to generate that new income:
- Online Courses
- Subscription Model
Discover how to pick the right income stream for you, key insights on creating the product and how it can fit into your practice.
But that’s not all. I’m an Outsourcing Strategist. I want lawyers to delegate and to get help with your products.
I created a Money for Nothing Cheatsheet for you. It will make it super simple for you to get started. Instead of spending your precious time looking for the best tool or freelancer, I gathered my favorites all together for you in one place!