How To Earn Thousands of Dollars Per Month In Passive Income
Have you ever paid to take an online course?
What's stopping you from teaching one?
If you have expertise that you're already being paid to teach in person, why not put it into an online course and make massive income from it?
Your rainy day / college / freedom fund may be sitting between your ears and if you leave it there, shame on you.
Some people use a this setup to generate hundreds or thousands of dollars per month in passive income by teaching an online course.
Why not you?
What Course Could You Teach?
What are you already teaching?
Some of you reading this are already trainers, coaches, workshop facilitators, etc. People are already paying you to teach them.
Why not add a passive income element to your business by putting your expertise into an online course.
If you are already teaching something that's relevant around the country or even around the world, that's a lot of people you can reach through an online course that you'd never be able to teach in person.
And it's passive income!
Real World Examples
One of my favorite podcasts is Side Hustle School.
One one episode of that podcast, a woman on food stamps earned $86,000 by teaching how to make sourdough bread in an online course.
On another episode, a construction inspector earned $200,000 by helping students prepare for a certification exam through an online course.
On another episode, a stay-at-home mom started a podcast on essential oils and generated $2000 per month in passive income.
There are lots of episodes featuring people earning at least $500 per month through an online course.
These are regular people who have established a passive income stream for themselves by sharing their expertise. You can do the same thing and there's no better time to do it than right now.
Your Peak Earning Years
You don't have forever to do something like this because some of you are in your peak earning years.
I'm talking about ages 40 - 60 where you're at the peak of your expertise in subjects that are relevant to the world and you still have lots of energy to get up and make things happen.
That’s not going to last forever.
There’s money you can get now that you couldn’t get earlier in your career and you won’t be able to get later.
It’s now or never.
Start Here
Click here to check out the podcast episodes I referenced so you can hear the stories and get some ideas and motivation for developing your online course.
If you're capable of teaching an online course and you're not doing it, you're leaving money on the table every single day and there's no way to ever recover that lost revenue.
