We all know teaching 40 hours worth of yoga classes every week is unrealistic! Luckily, as a yoga teacher, you have some options to generate a steady income while you are sleeping.
Not only is passive income great for your bank balance, but it's also excellent for business. When you expand your offerings, your database of students increases too.
Sell Your Content
Content here can be anything! You may have recorded classes, PDF guides for students or books available digitally. Having digital content that you only need to work on once, then sell indefinitely, is fantastic. Once it's done, it's done.
HeyMarvelous is an excellent way to showcase your content and create an 'on-demand library'. Yoga Alliance Professionals members receive an exclusive plan with added value (at no extra cost). Learn how to access the plan here.
Create A Membership
Similar to the above, but a bit more in-depth. Memberships are typically recurring revenue for a business. You can create a community, offer them content and include some classes for one monthly price. You will need to continually expand the resources available to keep them coming back, but it's worth it.
Again, HeyMarvelous is your go-to for this! Learn how to access the exclusive plan to YAP members here.
You likely already recommend products and services to your students, so why not get paid for it?! Reach out to your favourite brands and find out if they have an affiliate partnership you can sign up for. You'll typically receive an agreed percentage of any purchases your students make.
Our partnership with Ekotex gives you a wholesale discount, and you can also become an affiliate! Affiliates receive a 10% discount code for their students and a 10% commission on every sale. Learn more here!
I hope this blog is a good starting point for you to start expanding your revenue streams! With the cost of living crisis impacting so many, it's a good idea to start making money while you sleep.
Leave a comment below on how you generate income out-with events where you have to be there!