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In this episode of the She’s Making an Impact podcast, Rachel discusses five killer business ideas that can give you ultimate freedom and to remind you how important it is to choose your business and money-making strategies wisely. Get ready to learn all about the moolah-making methods she swears by. Trust me, it’s gonna be mind-blowing! 🤯
Flipping and Ad’s:
First up- the world of physical products. Rachel highlights the power of going digital, explaining how it can be a game-changer in terms of efficiency and scalability. Imagine creating a killer online course or coaching program instead of physically flipping furniture. She shares an amazing success story of one of her students who made the switch and started teaching others how to flip furniture through a coaching program and course. Talk about turning your passion into profit!
Rachel then spills the tea on sponsored ads as a moneymaking avenue. However, she smartly points out that while they can bring in some extra cash, they can also divert traffic away from your own platform. So, what’s her brilliant alternative? Building that coveted email list, my friends! She emphasizes the power of cultivating and nurturing a loyal tribe of subscribers and then exploring the exciting world of affiliate programs. Cha-ching!💰
What are your thoughts on sponsored ads as a moneymaking avenue? Are you concerned about the potential diversion of traffic from your own platform?
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Want to learn how to grow your email list fast? Listen here now
Network Marketing:
Rachel kicks things off by revealing a little secret about her own entrepreneurial journey. Guess where she started? Network marketing, baby! That’s right, she dipped her toes into the world of network marketing and had a blast doing it. Not only did it provide her with incredible personal development opportunities, but it also opened doors to entrepreneurship.
So, what’s the deal with network marketing? Rachel wants you to know that it can be a game-changer. It’s not just about selling products or services, but it’s also about building a network of like-minded individuals who are passionate about what they do. It’s a community where you can learn, grow, and support each other on your entrepreneurial journeys 👯
One of the major perks of network marketing that Rachel highlights is the potential for ongoing passive income. Imagine waking up to deposit in your bank account every month without having to lift a finger. Sounds dreamy, right? Well, network marketing has that magic touch. By building a strong network of customers and team members, you can enjoy the benefits of residual income that keeps flowing in even when you’re sipping margaritas on a tropical beach🍸
Rachel Knows that network marketing may not be for everyone. It’s important to find the right fit for your interests and goals. But she encourages you to keep an open mind and consider the personal development opportunities that come along with it. Network marketing can teach you valuable skills like communication, leadership, and sales.
Have you ever considered exploring network marketing as an entrepreneurial opportunity?
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Want to be part of a community where you can learn, grow, and support each other on your entrepreneurial journey? Sure you do! Come and join us!
Coaching:
Whether you’re an expert in a specific field or have valuable skills to share, coaching can be a game-changer.
Rachel explains that while private coaching may have its limitations due to time constraints , she introduces a fantastic alternative: group coaching models! Picture this: instead of working one-on-one with clients, you gather a group of like-minded individuals who can support and learn from each other. It’s like creating a little coaching community.
The beauty of group coaching lies in its scalability and the ability to amplify results through a shared experience. You can impact more people, share valuable insights, and facilitate powerful transformations within a supportive community. It’s a win-win for both you and your clients! 📈
Imagine the energy and synergy that comes from a group of motivated individuals working towards their goals together. The collective wisdom, accountability, and support can take everyone to new heights! Plus, it allows you to leverage your time and expertise, reaching a wider audience without sacrificing the quality of your coaching.
What niche or target audience would you like to focus your coaching efforts on? Is there a particular group of individuals you feel drawn to serve and support on their journey?
Need some coaching for yourself?
Come and talk it through with one of our coaches.
Retreats:
Rachel spills the beans on her absolute favorite method of monetization: retreats! 🌴✨
Rachel recently hosted a beautiful retreat in the enchanting land of France 🇫🇷, and it was nothing short of magical. From picturesque landscapes to soulful conversations, the retreat was an unforgettable journey of growth and connection. And guess what? The demand was so high that there’s already a waiting list for next year’s retreat! 🎉
So, why are retreats Rachel’s go-to monetization strategy? She explains that retreats bring immense joy and value to her business in more ways than one. Not only do they offer an opportunity to travel to beautiful destinations and create unforgettable memories, but they also foster deep connections and transformative experiences among the participants. It’s a chance to come together with like-minded souls and embark on a journey of self-discovery and growth.
Imagine spending days immersed in a nurturing environment, surrounded by supportive individuals who share similar passions and aspirations paired with visiting castles and making patisserie together! The bonds formed during a retreat can last a lifetime, creating a network of friends and allies who uplift and inspire each other even beyond the retreat itself. It’s an incredible feeling of belonging and camaraderie.
Now, you might be wondering how you can get in on the action. Well, if you’re as excited as we are, you’ll definitely want to join the waiting list for next year’s retreat! It’s an opportunity to experience the magic firsthand and be a part of a transformational journey with Rachel as your guide. Trust us, you don’t want to miss out on this! 🌟🎉
Join Rachel next year!
Put me on that list! – Go!
Start envisioning the retreat experience you would love to create. Where would you like to host a retreat? What kind of activities and workshops would you offer? Dream big and let your imagination run wild!
Take action!/Next steps
Action items:
- Research and Plan: Dive deeper into the business ideas that resonated with you the most. Do thorough research on the digital product or service you want to create. Outline a plan that includes your target audience, unique selling proposition, and a roadmap for launching your offering.
- Build Your Email List: Take Rachel’s advice to heart and focus on building your email list. Set up an opt-in form on your website or landing page to capture leads. Offer valuable content or a freebie that aligns with your business niche to incentivize visitors to subscribe. Start nurturing those subscribers with regular newsletters and valuable insights.
- Explore Affiliate Programs: Once you have a loyal tribe of subscribers, it’s time to explore the exciting world of affiliate programs. Research and identify affiliate products or services that align with your audience’s needs and interests. Sign up for relevant affiliate programs and start incorporating affiliate links in your content or newsletters. Make sure to disclose your affiliate partnerships transparently.
- Consider Network Marketing: If network marketing intrigues you, take the next step by researching reputable network marketing companies and products that align with your interests and values. Join online communities or attend networking events to connect with experienced network marketers who can provide guidance and mentorship. Remember to approach network marketing with an open mind and focus on the personal development opportunities it offers.
- Start Planning Your Retreat: If hosting a retreat is your dream monetization strategy, it’s time to start planning! Visualize the retreat experience you want to create, from the location and activities to the workshops and guest speakers. Research suitable venues and start calculating the costs involved. Create a waiting list or a sign-up form to gauge interest and start building anticipation for your retreat.
Want to know how we’ve built a million dollar business while I work 20 hours/week?
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