How to diversify your revenue streams
As an independent business owner, diversifying your revenue sources can expand your earning potential. Doing so can be as simple as taking the expertise and resources you already have and transforming them into online courses, speaking opportunities, digital products, and more.Â
In this guide, you’ll learn tips for how you can grow and diversify your revenue streams. Empower yourself to leverage the whole range of your abilities, hobbies, and interests to create a thriving business.Â
This guide covers how to:
- Launch and market your online course
- Secure speaking opportunitiesÂ
- Monetize digital products
How to diversify your revenue streams
Create an online course that drives impact
Learn everything you need to know to create an exceptional online course. Steph Woods shares her best tips that are a surefire way for you and your students to be successful. Ditch the typical online course launch strategy. Amanda Warfield teaches you how to build momentum and hype before your launch that brings in hot leads.Â
Explore speaking opportunities
Learn four key actions to start diversifying your income with speaking opportunities from Bailey Thibodeaux. She teaches you tried and true practices that will help you secure speaking opportunities and grow your income in no time. Want to learn how to sell digital products using automation so you can generate passive income on the side? Claire Bough teaches you how to transform part of your services into a template, online course, workbook, or other offering and allows customers to purchase them on their own time.
Monetize digital products
Selling digital products on autopilot has never been easier since the rise of short-form video. Elise Darma shares everything independent business owners need to know to sell digital products on autopilot. While most independent business owners depend solely on Instagram, there are other ways to get in front of your ideal clients. Molly Ho teaches you how to create digital products that provide value in multiple ways. Ready to market your upcoming product launch? Aleya Harris outlines six effective ways to market your upcoming launch. She shares everything you need to ensure a successful roll-out that’ll have your ideal clients eager to make a purchase.
What's inside
Steph Woods
As an online course creator, you never want your students to walk away from their experience feeling disappointed. That can happen when expectations are misaligned or the curriculum isn’t designed to engage and excite learners. Don’t let this happen to you. Steph shares her most effective strategies to help any independent business owner create an outstanding online course.
Amanda Warfield
Are you waiting until launch week to begin marketing your new course? Ditch the traditional launch plan and check out Amanda’s tips for how to generate momentum, leverage your waitlist, and drive sales for a successful launch. You’ll have the tools you need to launch a successful course this time and every time.
Claire Bough
Check out best practices for automating the sale of digital products so that you can earn income without lifting a finger. Offer an on-demand service such as an online course or workbook that clients can access at their convenience. Claire shares everything that independent business owners need to ensure success!
… and much more!
Disclaimer: The advice featured in this guide and on the blog was sourced from our community members for sharing general information and knowledge. For specific legal, financial, tax, mental health and professional advice, please consult an authorized professional.