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Make More Money With Your Service Business (By Working Less)
You don’t need a more passive way to make money.
“I want a more passive way to make money.”
I hear this way too often not to address it. It usually comes from solopreneurs with service businesses — freelancers, coaches, and VAs.
They don’t like their service business anymore because it’s not passive enough — but here’s the deal.
There are no passive businesses.
- You either make money from previous effort (which you put in for free)
- Or you make money from current efforts (even if it’s “only” sales and marketing because you’ve already built the product)
Everyone wants to make money while they sleep. That’s not why you start a business though. You have that all messed up.
To make money while you sleep, invest.
To earn the money to invest, build a business you love working on.
A business you’re excited to plunge into every morning.
Here’s how you can stop dreaming of passive income and reframe your business so it becomes your favourite thing.