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3 Simple Steps To Wean Off 1-on-1 Clients And Create Leveraged Income
May 26th, 2009 by Kendall SummerHawk
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Yes, you love your clients but honestly, too much 1-on-1 work can leave you feeling exhausted and strapped for time, plus limit how much you can make. You end up not only feeling burnt out but feeling broke too, even though you’re working plenty hard.
The good news is that the solution is actually pretty simple: you must add “leveraged” as well as “passive” revenue streams to your business so you have the freedom to choose how much — or how little — 1-on-1 work you offer.
Leveraged streams are ones where you’re making significantly more money for your time spent, or, you’re impacting greater numbers of people. Passive revenue streams are when you do the work once, then keep getting paid, paid, paid.
Obviously, passive revenue sounds like a dream come true, and it can be. But it does take some time and an investment of money to put everything into place that you’ll need to replace your 1-on-1 income. You have to create information products, write a compelling website, drive traffic to your site then convert that traffic into product sales before you see a dime.
Creating leveraging income is actually a lot faster and easier, which is why I always coach my Platinum clients to focus on it first. Truth is, it’s often possible to completely transform your income and free up your time within just a few days of learning what I recommend.
So how do you free up your time and add leveraged income to your business? Here are 3 simple steps to get you started today.
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