Cover art for podcast The Freelance Podclass

The Freelance Podclass

86 EpisodesProduced by Craig CanningsWebsite

The Freelance Podclass is not your ordinary podcast! It features a series of actionable lessons designed to help you solve the biggest challenges you are facing in launching and growing a profitable Freelance Business. Join the founder of Freelance University, Craig Cannings, and an amazing faculty … read more

26:28

The Multiple Streams of Income Class

In this class we talk about practical ways that you can add more income to your freelance business. Some of you may be looking at ways to scale your income, while others may be trying to smooth out your cash flow on a month-to-month basis. In this Podclass, I unpack 6 excellent income streams to help you grow the business you’ve always wanted.

 

Podcast Outline:

0:00 - Opening thoughts

0:45 - Introduction to topic: Adding more monthly income to our business and stabilizing our income

2:46 - Six Different Income Streams to Add to Your Business:

  • 3:08 - #1: Niche Expansion (Service Expansion)
    • 3:26 - Example - offering ActiveCampaign services

 

  • 4:54 - #2: Consulting and Coaching
    • 4:59 - Definition of an “implementer”
    • 5:38 - Definition of a coach or a consultant
    • 7:27 - The imposter syndrome
    • 7:44 - Encouragement not to sell yourself short - You may know more than your clients do!

 

  • 9:08 - #3: Public Speaking
    • 9:58 - Types of speaking opportunities
    • 10:27 - How speaking can be another income stream

 

  • 10:55 - #4 - Affiliate Marketing
    • 11:09 - Example of a successful affiliate marketer
    • 11:27 - Definition of affiliate marketing
    • 12:18 - Types of affiliate marketing activities
    • 13:15 - The benefits of membership programs - how income can build

 

  • 14:10 - #5 - Product Creation (Digital Product Creation)
    • 14:50 - Different types of products you can create:
      • 15:20 - Courses
      • 16:50 - Digital Books
      • 18:14 - Subscription Business or Membership Site
      • 19:36 - Ecommerce Business (e.g. Dropshipping)
      • 20:44 - Software and Apps (e.g. plugins for WordPress, mobile apps)
      • 21:17 - Printables (e.g. checklists, calendars, to-do lists)

 

  • 22:23 - #6 - Partnerships
    • 22:36 - Practical examples of a partnership

 

24:40 - Recap of the different types of income streams

25:29 - Final thoughts and how to get on the notification list for Freelance University

Resources and tools discussed in this episode:

ActiveCampaign: https://www.activecampaign.com/ 

WordPress: https://wordpress.org/ 

 

Pat Flynn - Smart Passive Income: https://www.smartpassiveincome.com/ 

 

Infusionsoft: https://keap.com/infusionsoft 

Skillshare: https://www.skillshare.com/ 

Udemy: https://www.udemy.com/ 

 

Teachable: https://teachable.com/ 

Thinkific: https://www.thinkific.com/ 

Kajabi: https://kajabi.com/ 

 

Amazon Kindle: https://www.amazon.com/Kindle-eBooks/

Kindle Direct Publishing: https://kdp.amazon.com/en_US/ 

 

Shopify: https://www.shopify.com/ 

 

Facebook: https://www.facebook.com/ 

Instagram: https://www.instagram.com/ 

Pinterest: https://www.pinterest.com/

 

More info on Freelance University: https://www.freelanceu.com/university/ 

 

ActiveCampaign workshop at Freelancer University: https://my.freelanceu.com/courses/mastering-active-campaign

Freelance University Affiliate Program: https://www.freelanceu.com/partner-with-us/

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