Nobody knew then that the internet would morph into the biggest information, entertainment and shopping portal ever seen in human history. But that is exactly what it’s become. And even though your Aunt Martha might tell you otherwise, there are tons of ways to make money online, at home, in your pajamas or even over-looking a beach if that is what you prefer.
–>It takes massively more effort to market and sell. Private coaching practices can be built on referral and word of mouth. Landing one high-end private coaching client can pay for your all of your monthly expenses, which can be a giant relief, especially in the beginning! But most group coaching can’t come at the same premium price, so you need more people to enroll in your programs to make up the difference in price. That means a LOT more marketing and selling has to happen to fill your programs. That takes time and effort, and a whole separate skill set that you have to learn (or hire).
I will say that while coaching and consulting isn't passive by any means, it is one of the most rewarding and fulfilling things that I do. While creating passive income streams is fun and the best use of your time, sometimes you lose that human connection and relationship with people. I've found it to be very pleasurable and rewarding to work with someone on a personal level and help them achieve their goals. You don't get that same level of joy and fulfillment through a video blog or a course, as you're sometimes disconnected from people.
If you’re a fitness buff and have the right combination of charisma and business sense, working as a part-time online personal trainer can be both physically and financially rewarding. Once you build up a reputation and client base for yourself, it could easily turn into a full-time endeavor for you. Check out this interview with several fitness blog owners who are making a living online, from MonetizePros. As well, I'd recommend checking out this resource if you want to take this business idea seriously and get started with a business plan for your personal fitness trainer business today.
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.