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Episode 150 How to build recurring revenue in your language teaching business (the sustainable way)
Manage episode 448400728 series 2969684
We’ve all seen the hype: create a product once, sit back, and enjoy that so-called “passive income.” But how much truth is there to this dream? In episode 150 of Get richer, teacher podcast I’m getting real about passive income, memberships, and how to build a language business that actually works without running yourself into the ground.
What’s Inside this Episode:
- Passive Income Myths Busted
- Passive income sounds dreamy, but real profit from eBooks or mini-courses demands more than a "set it and forget it" approach, especially without a large audience.
- Challenges with Low-Cost Products
- Mini-courses and eBooks often need a surprising sales volume to be profitable.
- High Effort, Low Return?
- Memberships may seem easy, but they can require constant attention.They’re not group courses and often need more energy than expected
- The Key to Sustainable Income
- Group programs offer a steady, sustainable income without constant hustle. Creating a valuable, reliable offer is the way to go.
Come and build a group language course your clients will love in my live challenge 11-13th November. Sign up here.
153 Episoden
Manage episode 448400728 series 2969684
We’ve all seen the hype: create a product once, sit back, and enjoy that so-called “passive income.” But how much truth is there to this dream? In episode 150 of Get richer, teacher podcast I’m getting real about passive income, memberships, and how to build a language business that actually works without running yourself into the ground.
What’s Inside this Episode:
- Passive Income Myths Busted
- Passive income sounds dreamy, but real profit from eBooks or mini-courses demands more than a "set it and forget it" approach, especially without a large audience.
- Challenges with Low-Cost Products
- Mini-courses and eBooks often need a surprising sales volume to be profitable.
- High Effort, Low Return?
- Memberships may seem easy, but they can require constant attention.They’re not group courses and often need more energy than expected
- The Key to Sustainable Income
- Group programs offer a steady, sustainable income without constant hustle. Creating a valuable, reliable offer is the way to go.
Come and build a group language course your clients will love in my live challenge 11-13th November. Sign up here.
153 Episoden
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