Since coaching and consulting isn't a passive income stream and it actively requires my time, there's an opportunity cost for me in taking on clients. That opportunity cost is it takes away my time that I could spend on creating passive income streams. That's why I'm in a position where I can charge whatever I want if people want my 1-on-1 help. As I grow and make even more money, I will be forced to continue to raise my rates, as whatever I'm charging now won't be worthwhile enough for me to take on clients at.
Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
THOSE are the people that I want to work with – the ones that are committed and make things happen. They find a way. They don't have excuses. They take massive action. They are COMMITTED. And guess what? I have many clients that don't have money, work full-time jobs (or go to college) and don't have the time, have their families, etc, etc… but they find a way to hire me and take action, because they are committed and willing to do whatever it takes. These are people that get results working with me.