WHAT YOU NEED TO CREATE A PASSIVE INCOME FOR DESIGNERS

Passive income for designers is equal parts misconception and great opportunity.

First, let’s not call it passive income.

Passive implies no action and I haven’t come across any income that doesn’t require action.

In this episode I share 8 things to build or consider when creating a ‘one-to-many’ passive income stream for designers:

1. A Strong Niche

2. A Substantial Audience

3. Authority in the Subject

4. A Platform

5. Clear Principles and Perspective

6. Product Fit

7. Delivers Value

8. Profitable

One-to-many income streams take time and effort. They require the same time and effort as building a one-to-one offer, often with a slower return

If you’re considering it it’s important to be fully aware of what’s involved to make it a success.