(without abandoning my values or needing a whole second business).
I will never forget the first time I made $36 in my sleep.
Now wait, Michelle, you might say. $36 is NOT a lot of money. But as a therapist, ALL of my income had been tied to being in my chair, across from a client, giving them my full attention. For 7-8 hours a day.
So $36 in my sleep felt like a very huge deal, and an important milestone.
Why is passive income important?
I discovered that for me, having diversified income sources, including passive income is the key to a sustainable, fulfilling career as a therapist. All of my income coming from butt-in-chair time was becoming mentally and physically unhealthy for me, and frankly, unsustainable.
I had already started a second business doing coaching, but it was a lot of work to get it off the ground. It turns out, starting a coaching business is 100x harder than starting a therapy practice. And while I do enjoy 1:1 coaching and find it to be an entirely different skillset and challenge than therapy, it still required my time.
I had previously taught CEU courses and enjoyed it, so I thought why not? I’ll figure out how to become a CEU provider on my own. And so I did.
How I turned my CEU courses into passive income.
Teaching CEUs is a PERFECT way to start getting some passive income going WITHOUT a huge time or money investment or a second business. I teach CEUs under my therapy license, within my existing therapy business.
It becomes PASSIVE income when you place your CEUs on demand, for people to purchase and consume whenever it works for them.
There are several different platforms available for this, and you’ll need to choose the one that works best for you. But I’m here to tell you, it CAN be done.
Here’s to your first $36.
PS, if you need help getting started, click here for the free CEU course planning checklist!
