Welcome to episode 33 of the Passive Income Musician Podcast! What would your life look like as a musician if you could make an extra $1,000/month from passive income revenue streams such as music eBooks or courses? Would it mean you could take on less private students? Save more money? Only play the gigs you want to play? Today’s episode is all about creating a plan for achieving this and keeping the end goal in mind.
Listen to episode 33
Podcast: Play in new window | Download
Subscribe: Apple Podcasts
What would your life look like as a musician if you can add an additional $1,000 to your monthly income — through passive income revenue streams?
Would it mean that you won’t have to teach as many private music students or Skype students? Would it mean that you won’t have to take some of those lower-paying gigs that you don’t really want to play but you just feel like you have to do?
Would it mean that you could maybe save some more money or maybe spend a little bit more time actually working on your music? What would that mean for you to be able to do that?
Now, I don’t want to fool anyone here. Being able to make a $1,000/month from passive income revenue streams as a musician is anything but easy.
So, if right now you are listening to this because you think there’s going to be easy answers, that it’s going to be simple, I want you to stop playing this right now. It’s not going to be for you.
But if you are someone who wants to make a plan, which is where this starts with, and you want to figure out a way to eventually work up to that point, then keep listening.
Today’s episode is all about making a plan for reaching that level of making $1,000/month from passive income revenue streams as a musician.
In this episode:
1. What is passive income as a musician, and how passive is it?
2. Breakdown of the numbers for making $1,000/month
3. The 3 challenges of finding customers and driving sales
4. How to build an audience
5. How to know which products your audience wants
6. How to continually drive sales month after month
Thanks for listening to this episode of the Passive Income Musician Podcast. If you aren’t already, make sure you are subscribed on iTunes, Google Podcasts, Spotify, or wherever you listen to podcasts.
I look forward to having you join me in the next episode!
Important Links:
Episode 12: Content Marketing Strategy 101 for Building Passive Income as a Musician
Episode 02: 5 Ways to Make Passive Income Teaching Music Online
Episode 05: How to Build a Profitable Mailing List of Dedicated Music Students
Episode 24: Building Profitable Music Membership Sites (feat. Tim Topham)
