It’s difficult to do something you don’t want to do.
I see it in my daughter Madeline all the time…when she’s stoked about something, it’s easy peasy.
Dancing around the living room in her favorite dress?
Yes.
Eat an entire carton of coconut milk chocolate ice cream?
Yes.
Do her homework and wash the dishes.
Nope.
When you’re passionate about something….it’s fun. It flows. It comes with ease.
The same idea applies to your biz.
When you choose to do something you actually care about, that you’re actually interested in, that you’re ACTUALLY super duper passionate about — the work doesn’t feel so much like... work.
The dream is to have a job that doesn’t feel like a job. Am I right?!
And I don’t know about you, but it’s also my dream to have my business make money for me long after I do the actual “work”.
In other words, make residual (passive) income.
That’s why joining the doTERRA family was like a match made in heaven.
I truly believed in the product, the essential oils, and I felt passionate about growing a business around these life-changing substances.
And now I’m earning 7-figures doing what I love (whah? YUP), making more passive income all the time, and enjoying an incredible work/life balance.
Residual income is money you make that requires little work to maintain. You could’ve worked hard on let’s say… your online course. But now that it’s done, it’s made, it’s live...you can enjoy the income from it long after it launches.
Active income is basically where you’re trading hours of your precious time for income — which I would say is the majority of people out there….whether you’re a femtrepreneur like me, working a 9 to 5, or you’re a freelancer or consultant trading time for money on your own terms.
I don’t know about you but I love the active income part because I love what I do.
But I also strive to make residual income so I can sleep in, go to the gym, hang out with my fam jam, buy a new house, travel the world…you know...the usual.
If you’re just starting out...whether that’s in the network marketing game, the health coaching game, or you’re building a biz around a product or service — the first step to residual income is to find your passion because that’s what will fuel you on the daily.
This is a long-term game.
It takes time to build trust.
It takes time to build an audience.
So if you’re passionate about what you do, creating valuable content around your brand will not only come a heck of a lot easier, it will resonate with your target audience.
With my doTERRA biz or the life and health coaching side of my biz, I work hard to create content through my blog, social media and podcast that inspires people and makes a difference in their lives.
It’s important to not only build these relationships and form this kind of trust...but to build up a sales channel where people ultimately buy from you and keep buying from you.
People ask me all the time how to make money with doTERRA and the answer is simple — fall in love with the oils and the rest will fall into place.
It’s your job to keep showing up, creating content and providing a product or service that you’re passionate about.
I’ve talked about finding your niche and targeting your ideal client avatar before but it really comes into play at every corner.
In order to build your audience, and get yourself on the path to residual income, you have to be talking to the right people.
Don’t shout out to the world, speak to the person next to you.
Figure out exactly who you want to sell your product or service to...how old they are, where they live, what they like to eat for breakfast, where they buy their sneakers...and create content that serves them.
After you complete this crucial step, you’ve formed the basis for every piece of content you’ll put forth into the world.
You’re going to be able to create amazing evergreen content like an online course or program, amazing in-depth articles, an e-book or whatever you can dream up that will make you money long after you create it.
That’s the dream. Scratch that, it’s the reality, as long as you put in the work.
If the idea of residual income resonates with you, make it your goal and start doing the work today, to help you get there tomorrow.
It’s all so possible.
Just start with what you’re passionate about and it will flow from there.
Let me know in the comments what passive income ideas you have!