102: How to Generate Passive Income & Avoid Passive Income Mistakes in Your Yoga Business

The Yogipreneur: Business and Marketing for Yoga Teachers

How to Generate Passive income & my Top 3 Passive Income Mistakes to Avoid in your Yoga Business
These days "Passive Income" seems to be the pot of gold at the end of the Yogirepreneur rainbow!
It may be something you've thought about and something you're working towards, and it's no surprise, as making money whilst you sleep or whilst on the beach sounds very appealing!
But the thing is it's not a case of set your evergreen sales funnel up and that's it, you can put your feet up and chill on the beach drinking a coconut.
And so this is WHY I don't really like to use the phrase passive income because it's never really passive.
If you’re thinking about adding a passive income stream into your business, please watch this training first so you don’t make these three mistakes!
This episode covers:
▪️ What passive income is
▪️ Examples of passive income streams for yoga businesses
▪️ Why doing market research is so important
▪️ Why you need to launch your course live first before going evergreen
▪️ The work that goes into creating and promoting passive streams
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