Game Change: Business of Massage Therapy
About This Show
A podcast for the massage therapy and spa industry. This show takes a different spin and is a weekly show that will discuss such topics as setting up a business on a budget, time management and how to grow your business. We will also have interviews from successful entrepreneurs who will share their challenges and successes. The question is - are you ready to game change your business?
Most Recent Episode
65: Earning Passive Income
5 days ago
Today we are discussing Earning Passive Income, something that can be very helpful to entrepreneurs in any field. If you don’t have passive income, then you are in the trap of always trading your hours for dollars. There IS a better way! Let’s jump right in! What is passive income? Also known as “residual income”—do the work once and keep getting paid Receive income even when you aren’t working Three ways to successfully create passive income: Product sales Very common but often overlooked Instead of “selling,” make a suggestion about a product that you sell Affiliate marketing Easy for entrepreneurs to do (mostly online) Can work with other health and wellness entrepreneurs Sessions with other therapists Allow independent contractors to use your office space to work with your clients Make sure the fee split is pre-arranged in order to cover your overhead and bring a small profit These suggestions are ways for you to practice and improve your negotiating skills AND grow your business. The most important thing to remember is to keep an open mind to all opportunities and possibilities. It’s another piece to game-changing YOUR business!