Bonus 025: How to Create Monthly Recurring Revenue as a Coach

The Courtney Sanders Podcast

Courtney Sanders

Business, Careers

4.8 • 645 Ratings

🗓️ 4 February 2021

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Do you struggle with earning a consistent monthly revenue in your business? Do you have consistent clients but it seems that you're not hitting your financial goal? In today's episode, I share how you can create monthly recurring revenue as a coach! If you're tired of just working on your coaching business on the side, stay tuned to this episode!

Join my free upcoming Masterclass all about how to consistently get clients: http://courtneylsanders.com/masterclass

Mentioned in this episode:

Related Episodes:

098 Make Money, Don't Chase It: The Art of Creating Repeatable Revenue in Your Business:

134 How to Break the $10K/mo Ceiling in Your Business:

Want to know the system I used to rapidly grow my business and quit my job? Find out more here: http://courtneylsanders.com/masterclass

Follow me on instagram! https://www.instagram.com/courtneylsanders/

Transcript

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0:00.0	Are you making occasional sales in your business, but not enough to quit your 9 to 5 job?
0:04.2	Do you feel like you're always hustling for more clients, but you're not sure what you need to do
0:08.2	in order to attract them consistently? If you're looking for the secret to making more consistent
0:12.7	income in your business, make sure you watch this entire video because I'm going to share the
0:17.2	details on how to create monthly recurring revenue in your coaching business.
0:23.6	Hey, hey, Courtney Sanders here. Welcome back to my channel. If you're new to me, I'm a full-time
0:31.7	online business coach as well as wife and mom. I do all the things. I wear all the hats. And
0:36.1	today I want to talk to you about a topic
0:38.3	that I'm increasingly passionate about, and that is creating monthly recurring revenue in your business,
0:43.8	particularly as a coach or a consultant, because it's so important. So even though I've been full-time
0:49.5	in my business for four years now, and I've been fortunate to always make at least six figures in my business every single year, even when I was just getting started.
0:57.0	It didn't always come from recurring, you know, systematic, consistent revenue, right?
1:04.0	So if you can believe it in the beginning, I was actually not that good at creating recurring revenue in my business.
1:09.0	How I drove a lot of those numbers was
1:11.7	doing these launches all the time. I was feeling like I had to release a new product, do something
1:16.7	new. And even though I like releasing new products and I like doing launches, I don't like
1:21.3	depending on them, right? I sometimes feel like in the entrepreneurial space that constantly
1:26.0	having to do a launch just to get income coming in the door is a bit like the
1:29.3	entrepreneurial version of living paycheck to paycheck and so I thought that I was fine because I was making all this money and who cares you know how the money was coming in as long as I was making it well I felt that way until I had my son okay so I had my son in 2018 and I just simply did not have the time nor the
1:47.6	energy to do a lot of the things that I was doing previously in order to keep income coming
1:52.4	in my business. And so that's when things got real for me and I was like, oh, wait a minute, I got
1:56.6	to figure out a way to create monthly recurring revenue in my business. So for the next year,
	...

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