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Johnny / May 9, 2021

How Passive Income Can Save Your Business

In today's connected world, passive income is more than just an idealist's dream. Many coaches and consultants are achieving financial stability and maximizing growth by implementing passive income strategies. This approach creates exciting new possibilities. Multiple income streams can cover any revenue gaps when business is slow. However, you need to invest considerable time and effort to start earning money as a side hustle. You should pick the right source of passive income that suits your coaching niche. Here are some of the passive income ideas for your coaching business. eBooks Publishing an eBook enables you to generate income to save your business while showcasing your expertise. Platforms like Amazon Kindle Direct Publishing (KDP) provide a convenient way to reach hundreds of thousands of readers from around the world. You can capitalize on your subject matter expertise to publish bestsellers that boost revenue. Some authors who opt for self-publishing sell …

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