How To Create A Side Hustle Online Coaching Business
Are you looking to create a side hustle online? Online coaching can be very lucrative with minimal financial outlay. Create a side hustle online coaching business.
Hi Trish Davies, here to talk about a popular trending topic which is creating a side hustle online. A few years ago, the term “side hustle” sometimes came across as a bit dodgy, maybe underhanded. Maybe people has this perception of deals being done on the sly and very much in the dark.
Thankfully that is now not thee case so much because a side hustle online can be a legitimate way to earn a second income. Technology and mainstream platforms such as Amazon, Etsy & eBay welcome independent business owners to leverage their systems.
I personally know friends and business associates who have developed successful online businesses doing just this. They are great ideas for a side hustle online, but they do require financial outlay and time to operate. Now there is nothing wrong with that but there are other ways that you can create a secondary income with less moving parts.
We live in an information age and it is very easy for people to access that information. The internet enables that accessibility even in far flung places of our beautiful world.
Information sells, fact! Demand for information and learning new skills is booming. By 2025 the online coaching and learning industry is projected to be worth around $325 Billion.
A sobering number that I am sure you will agree with. Imagine if you could have just a minute sliver of that pie. A lucrative side hustle online that requires low investment and does not require much of your time.
Online Coaching Is The Perfect Side Hustle Online
For a moment I want you to think about the amount of times you have gone online to find out how to do something. You go onto Google, or any other search engine, and type in what information you are looking for. For example, “side hustle online” or how to create a side hustle online”.
Then you are delivered thousands of search results which contain articles, videos and other links to training material. Things like eBooks, video courses and audio courses. Up until very recently those video and audio courses would arrive in physical sets straight to your door. Now everything is streamed online which is more convenient.
What I have just mentioned is proof of concept. You have searched online for “side hustle online” and landed on this webpage. The information that I am going to share with you will show you how to create that side hustle online through selling information.
That information will be based upon what you know, your experience and expertise. Then packaged up and delivered online. Then when people search online for a solution they will come across your online coaching program, or other training material.
How To Create An Online Coaching Business
You have natural talents, gifts and skills which you have accumulated over your life. The value that you have inside of you has the potential to be life changing for other people. Now I know that that is a massive statement to make but it is so true.
You will have had so many life experiences and overcome so many obstacles that have been put in your way. The thing is there are so many people just like you who are experiencing those problems now or will in the future.
Therefore, you are perfectly positioned to provide the solutions that they are looking for. You have already been there and got the t-shirt so to speak. You know the answers to their questions before they ask you. That’s how powerful your position is!
Now you may be wondering how you can share your knowledge and expertise. Your online coaching business can incorporate simple word documents which you convert into PDF’s.
These PDF’s can be eBooks, worksheets, instruction manuals etc. Using your phone, you can create videos, or you can use inexpensive video editing software on your computer.
From you videos you can extract the audio files which you can offer for download or even create a podcast from. As regard to live coaching, you can use Zoom to hold a weekly mastermind as I do for my Build Your AU members.
Everything I have just mentioned is a product or service that is inexpensive to create. Once you have created the product or service there is no fulfilment costs, so margins are very high. You can sell as many copies as you want, and they are delivered automatically online.
A Side Hustle Online That Gives You Time Freedom
This is very much a hands off business when you have everything set up. Your time involvement is creating the products such as eBooks and videos and setting up your marketing system.
Then your time management is monitoring any marketing campaigns you have and customer support. Real time weekly involvement will be if you decide to offer a weekly mastermind for your members as I do.
I allocate 1.5 hours per week on a Monday morning because that is the best time for me and my members. In fact, by doing this process I created a full online training course which I sell for hundreds of dollars, all on auto-pilot.
The only other time you will need to allocate is when you offer one on one consultation. For this service you can charge hundreds, if not thousands, for. Therefore, you only need a few consulting clients per week or month.
As you can see this is a side hustle online that you can do around any professional commitments you already have. The majority of this business model is automated by leveraging technology. The minority of the time is when you need to show up personally.
Therefore, this business model is ideal as a second income or something that you can do part time. I would call this a lifestyle business model because it can potentially deliver huge rewards and give you time flexibility.
Putting This Side Hustle Online Together
What I have shared with is the overview of how a side hustle online coaching business looks like. Now it is time to get practical and take action. What I have done is create a 9-week program that will show you how to put the fundamentals of this business in place.
The program is free for you to enrol into, and you can learn more about this by clicking here. In just 9-weeks you will have the foundations in place to build your side hustle online to whatever you want it to be. Register here and I look forward to seeing you on the inside.
Helping you build your authenticity, authority and audience.
Trish Davies
Build Your AU
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