4 Ways For Coaches and Consultants to Earn Passive Income with Done-for-You Content

We’d all love to be that person who seems to attract money no matter what they do. 

You know what I mean: the guy who never seems to lift a finger yet consistently brings in revenue from somewhere mysterious (but legal). Or the woman who drifts from beach to beach ( posting to Instagram every time), sipping cocktails paid for by, well, no one really knows.

But as the old adage goes… there’s no such thing as a free lunch. 

Despite what we’re led to believe by dodgy Facebook ads promising the kind of life where zero effort results in massive rewards, it just doesn’t work like that.

Creating successful streams of passive income requires effort. Regardless of the model you choose, you must work to set it up and then maintain it. The key is knowing what method will work best with what you already have, especially without taking up a lot of time.

Speed Up Your Path to Passive Income With Done-for-You PLR Content

Sure, you could put in the back-breaking work of writing, filming, and editing online courses to add a suite of digital products to your business… or you could buy a ready-to-sell PLR course/product and add your own branding and voice.

PLR stands for Private Label Rights, which gives you the right to purchase and tweak a product before selling it as your own. Finding high-quality PLR products can be tricky, but thankfully, there are a few options available that can drastically reduce the resources required. 

And they're extremely affordable. 

You can use Content Sparks' brandable, done-for-you content to put together a range of passive income streams… in a fraction of the time. Once you customize your PLR products to match your brand and tone, they will be ready to sell. Oh, and if you head to the bottom of this post, then you’ll get a link to a free PLR product you can use right away.

Let’s look at 4 favorite options to put that product to work for your business…

4 Ways Coaches and Consultants Can Earn Passive Income

Ready to scale your coaching or consulting business well past six figures? Here are the four best ways to do it:

Passive Income From Online Courses

Use sites such as Teachable, Thinkific, and Udemy as platforms to share your expertise with others. 

You can create a course on pretty much whatever you like on those platforms. All you have to do is prepare and upload it, and then you can start selling to students immediately. You don’t have to do too much after the initial set up because all of the content of the course is pre-prepared.

With self-paced, recorded courses, students will join and work their way through lessons at their own speed, so it’s not like you’ll have to take time out of your day to host classes.

To create online courses with brandable content:

Don't forget to put your branding on everything too!

Passive Income From eBooks

eBooks are along the same lines as an online course. 

Creating an eBook from your Content Sparks content isn’t just a great way of drawing in passive income. Publishing any kind of book gives you the extra benefit of expanding your reputation as an expert in your field.

Since the eBook is already created with brandable content, all you need to do is spend a little time making things your own. Here's how to put together eBooks with done-for-you content:

Now all you have to do is drive traffic to that page, or try offering the eBook as an entry-level paid product for people who don't want to buy something bigger yet.

Build Passive Income With Affiliates

In addition to using your done-for-you content to create paid products, you can also include passive income extras in what you publish. One of the most successful methods of doing this is affiliate marketing. Set yourself up as an affiliate for products or services that your audience might be interested in, and include those links within your content.

To get started with affiliate marketing:

IMPORTANT: Make sure that anything you recommend is something you would use yourself. If you start recommending junk products or bad services, your reputation could be damaged beyond repair.

Use Your Content as an Introduction

At the end of the day, it’s those big sales that are going to bring you a substantial income. If your sales funnel is designed to achieve a specific goal, use your content to nudge people along and make it happen with zero input from you (aside from the initial set-up, of course).

Include a Call-to-Action within your content to push people in the right direction once they're done digesting it. Creating the perfect CTA can mean the difference between a big sale and never hearing from a potential customer again. 

To use your done-for-you content as an introduction to paid offers:

When it comes to generating passive income using the weapons that you have in your content arsenal, you’re only really limited by your imagination. The most important thing to remember is that value = revenue since your audience is actively looking for quality, relevant content. This is the stuff that really converts, so use what you have at your disposal with done-for-you content and adapt it to your needs.

Jumpstart Your Way to Passive Income With a Free PLR Product

PLR isn’t just a way to scale your coaching or consulting business to six figures; it may be the best way. 

If the thought of jumping into the deep end of the PLR pool gives you pause, I’ve got a surprise for you. Click the button below to get a free PLR product. This is a ready-to-sell, entirely done-for-you product that I’m giving away for free. 

There’s nothing stopping you now from adding a new passive income stream to your business. Get your free product and launch it today on your website. 

Enjoy!