Ten Creative Ways to Create a Passive Income in Your Online Practice

You love being a clinician. Plus, you regularly help your clients enhance and improve their lives. Let’s face it, you’re also exhausted. Anyone would be after seeing back to back clients on a daily basis. Here are 10 creative ways you can create a passive income in your virtual private practice, so you don’t have to burn yourself out doing what you love.

Create Online Courses

Many people create online courses and sell them! You can learn anything from cooking to how to play an instrument. If you have a personalized technique or skill that you teach your clients and see success with, you can make it into a course. With courses you teach a step or certain parts of the skill. The great thing is you can record, edit, and sell it. You only have to do it once. Afterwards you can post it to your site and then market it.

Create a bootcamp series

This is a similar idea to the course, however, it’s multiple courses in one. So imagine you want to teach members of your site how to have a full reset in a weekend and you want to teach self-care, goal writing, and how to make vision boards. That can be packaged into three days one weekend. You could teach live the first time, record it, and then later sell as courses.

Offer Coaching Services

If you are a licensed professional, you already have the skills to be a life coach. It is a heavily saturated field, so you’ll have to niche down and focus on something specific. Maybe you excel at parenting skills, or perhaps you want to work with other therapist. Whatever your niche, coaching online offers you more flexibility. Your focus would be more on implementing and refocusing rather than processing and sifting through the past. Coaches are often able to package together their offers and charge high end prices for their services.

Write a Book

Do you have an experience that you often share in therapy? Or you have have a specific technique or have advanced knowledge on a certain topic. You can write a book. It doesn’t even need to be all words. It can be a planner or a workbook. You don’t have to go through a publishing house either. You can self-publish your book and sell it on your own website.

Consult

A consultant is a person who has knowledge in a specific field and offer their advice. Different from a coach who works with their clients through the specific method. A consultant reviews, makes an analysis, audits and then advices solutions to solve the issue. If you love case conceptualization and what to be able to offer advice on different approaches, consulting is for you. Other consulting areas include, business consulting, theory and skill consulting, and even educational consultations.

Product Reviews

This one is a bit slow to burn but can be a way to generate an income, or at least get free or discounted stuff. If there are products that you regularly use in therapy, do product reviews. Share the usefulness and helpfulness of the product. Some products you can review include, books, personal care items, and even meal boxes.

Create a Membership Site

Perhaps you have therapeutic materials that you have created and you want to share that with members of your site. You can create a resource library and then release new items monthly for members. This is a really good way to have people utilizing material on their own, and then working one on one with a select amount of clients.

Create a Youtube Channel / Podcast

Youtube is certainly saturated with content but people are able to still generate income from it. If you have a knack for videos and visual content and you want to share your thoughts with the world, Youtube is a place to be. You can also post videos on Instagram TV. Some people offer paid services to subscribers who want extra material and will share more content that way as a source of income.

Create a Subscription Box

Subscription boxes are curated boxes shipped once a month to subscribers. The items inside vary from company to company. People love the convenience as well as receiving something in the mail. Imagine sending subscribers a self-esteem box, with items that help them shift their self-esteem. Or a self-care box that helps them engage in more self-care on a monthly basis. The possibilities are endless in this area.

Create a Physical Product

You can put the phrase you are known for on a T-shirt or create affirmation cards. There are many options when it comes to creating a physical products. Ethically you cannot make it a requirement of your services, however if people want access to your services but, are not able to purchase yet, you can still offer something that may be useful with a physical product.

So what did you think of my list? There are many options in a virtual world, you are not stuck to the client therapist relationship. Many of these programs are simple, cost effective, and easy to start up. Want more information about how you can change your online practice? Hop on a strategy call with me…