102: How to Generate Passive Income & Avoid Passive Income Mistakes in Your Yoga Business

How to Generate Passive income & my Top 3 Passive Income Mistakes to Avoid in your Yoga Business These days "Passive Income" seems to be the pot of gold at the end of the Yogirepreneur rainbow! It may be something you've thought about and something you're working towards, and it's no surprise, as making money whilst you sleep or whilst on the beach sounds very appealing! But the thing is it's not a case of set your evergreen sales funnel up and that's it, you can put your feet up and chill on the beach drinking a coconut. And so this is WHY I don't really like to use the phrase passive income because it's never really passive. If you’re thinking about adding a passive income stream into your business, please watch this training first so you don’t make these three mistakes! This episode covers: ▪️  What passive income is ▪️  Examples of passive income streams for yoga businesses ▪️  Why doing market research is so important ▪️  Why you need to launch your course live first before going evergreen ▪️  The work that goes into creating and promoting passive streams Join the Digital Yoga Academy Facebook community The Digital Yoga Academy Facebook group is a community of thousands of yoga teachers all over the world. There are weekly live trainings with Kelly McHugh, our founder & CEO, business talks with inspiring yoga teachers, daily educational content and loads of support. Follow us on Instagram Subscribe to our Youtube channel Like us on Facebook