Welcome to www.OnlineOrganizing.com -- A World Of Organizing Solutions Your Order Your Shopping Cart About Us Contact Us Site Map
Do You Need Help Getting Organized?Shop For Organizing And Business Development ProductsProfessional Organizing ServicesFind A Seminar, Workshop, Or Keynote SpeakerRead Our Two Free Monthly NewslettersFree Organizing Tips And AdviceResources For Professional OrganizersLearn How To Become A Professional OrganizerUseful Organizing Website LinksUseful Organizing Website Links


Search for:

Category:


Here are some random keywords you might like to explore:

You Are Here: Home - Newsletters - "Organized For A Living" - Article

     How to Create Continuity Income Streams


You cannot be creative when you have to worry about money or where your next client will come from. When you know that you have revenue coming in no matter what, it's much easier to free up your creativity to create whatever your heart desires!

So the most important thing you can do for your business is to create a continuity income stream. Regardless of what type of business you own, there are five continuity income streams you can easily create.

Create your first subscription-based income stream.

At least 50% of my income comes from automated monthly streams in subscription-based programs. There is nothing better than having monthly payments arrive in my bank account automatically. We always hear Internet marketers talk about passive and residual income, but most entrepreneurs still haven't cracked the code of how to do it effectively. I started out with a membership-based web site and charged $17.95 a month, then kept adding other continuity programs over the years. Some require more of my time, others don't require any time at all. What I love most about automated income streams is that they free me up to be creative.

Five Continuity Income Streams

Here are five continuity income streams you can easily create, in no particular order:
1. Content.

This is the most common subscription-based income type you'll see. You can publish industry trends, news, interviews, newsletters, CDs, and any other information of interest to your niche market. You can deliver this information digitally or by mail, weekly or monthly. You can create content yourself or hire someone else to do it for you.

What I love about content-based membership programs is that I can re-purpose the content from my monthly newsletter by including it in my other information products.
2. Community.

Although not the most obvious, this might be one of the easiest subscription-based income streams to create. In fact, my very first membership-based web site was a community site, an association for coaches. At first I thought that I needed to have some kind of license or lots of legal paperwork to fill out before I could create an association.

Then I learned that since I am not trying to start a non-profit organization, this was just like starting any other online business. I offered a membership forum, monthly tele-seminars, interviews with experts, and a member directory. This has not only given me a growing monthly income stream, but significantly raised my profile in the coaching industry.
3. Software.

If there is a truly automated income stream, I'd have to say it's web-based software. Every industry, profession, and group of people wants their own tools that make their lives easier. I discovered a need for two particular tools, which coaches use to improve their lead generation and enhance their group coaching programs. The reason I hardly ever touch these two web-based tools is because they're fully automated or delegated - from sign- up to training to customer support. My assistant communicates directly with the programmer to add new features or to fix a bug if necessary.

If you have an idea for a web-based tool, head over to a site like and post it for programmers to bid on. I had a complete version of a tool developed for less than $500, and it brings about $2500 a month and growing every year.
4. Coaching.

Entrepreneurs and experts all over the world offer coaching to their clients as a way to support them on a monthly basis, and to generate additional income stream. Coaching can be done professionally (in fact, you can become a professional coach by attending one of the 298 coach training schools, with my favorite being or, you can offer support through coaching club, coaching "gym," group coaching, or mastermind groups.

Which one you do depends on how much time you want to spend on the telephone or in person. Some people offer three one-hour calls a month, others prefer shorter "laser-style" support calls during specific call- in days, while others enjoy four annual mastermind meetings as a way to support their clients.

Whichever level of access you decide to provide to your clients, this is a great way to add a continuity income stream to your business. You could also create your own coaching club, which is a membership-based mentoring program with a huge income potential.
5. Affiliate.

This is something you see all the time. There is nothing easier than referring people to another web site and generating affiliate commissions from the products they offer. The only twist I want to suggest to you is that instead of joining dozens of product-based affiliate programs, why not find a handful of continuity-based affiliate programs to refer people to? Once someone subscribes, you'll get monthly affiliate commissions for as long as they are members. Years after I recommended a web-based service, I still receive my affiliate checks from them.

 

Milana Leshinsky shows coaches and consultants how to turn their knowledge into a multiple income stream business empire. To get a FREE copy of her "New Coaching Manifesto: Why 9% of Coaches Succeed, While Others Fail, and What To Do To Prosper In Coaching. For more information, please visit: www.coachingmillions.com


Would you like to reprint this article in your publication -- or distribute it to a wider audience? Click here for reprinting instructions.

Want to receive these kind of articles via e-mail each month? Sign up for a free newsletter subscription.

Click here to return to "Organized For A Living" -- January 2012...

Add this page to your Bookmarks!

E-mail this page to a friend!







www.OnlineOrganizing.com is a service mark of Bradford, LLC.
Content on this site is © Bradford, LLC, All rights reserved.

If you notice any problems with this site, please contact our webmaster.
And if you don't see what you need you are welcome to "ask the organizer" any question!

To see what people are saying about www.OnlineOrganizing.com, check out our visitor comments.

Click here to view our privacy policy.

Calendar Of Organizing Holidays And Events Blog Central Sign Up For Our Free Online Newsletters Join The Conversation At Our Organizing Discussion Board Advertise Your Company On Our Website Be An Affiliate Of www.OnlineOrganizing.com
Check Us Out On FaceBook