Passive Income Streams For Therapists

How to diversify your income as a therapist.

Passive income streams for therapists. A few months ago i wrote a blog on a couple passive income ideas for therapists i have successfully implemented both ideas and they continue to bring in extra cash every month. Examples of a passive income stream include book royalties website product sales employees pre recorded webinars commissions and so forth. A passive stream of income is any person place or thing that brings money into your business without you being present. If you are passionate about massage therapy you can build a passive income stream to turn it into a passive income source.

Sometimes the stars align and you have a steady stream of clients. Some streams include blogging podcasting creating niche sites chatbots selling ebooks affiliate marketing and many more. That blog has proven popular and i received many follow up questions from therapists around the world. Passive streams of income.

It may sound like a pipe dream but it s actually not. Therapy now begins and the client can message their therapist whenever they want. Other times there s a tumbleweed blowing through your office. But before we list all of these fabulous passive income ideas let s have a quick chat.

The hope of passive income is that you ll put in the time money or effort in today so that you can generate more income in your business for days and years to come. The therapist responds 1 to 2 times daily and video chat is available if the client needs more interaction. Are all of your eggs in one basket. As a therapist working in private practice you re very aware of the ups and downs of self employment.

We thought it would be helpful to create a list of passive income ideas for your practice from the perspective of two private practice coaches who have seen a lot of people create other streams of income beyond the couch. Many a therapist and private practice owner have successfully added passive income streams to their business. As a licensed psychologist you can sign up and become a therapist and begin to earn a side income through this avenue.