30 Day Passive Income Challenge

Have you ever considered a Passive Income Challenge? I ask because it might just be the number one complaint I hear from my clients is that they are always just trading time for money.

I know a lot of readers of my blog sell physical products, so I have to ask you, do you have any passive income or digital products to go along with them?

One of the keys to building a sustainable business, that doesn’t burn you out, lies in the ability to leverage your time by creating passive, recurring income.

Now, that doesn’t mean you don’t have to work. In fact, building up that stream of passive income will take a lot of work indeed. But once you create the systems, you can leverage them over and over and over again to create a steady cash flow that no longer depends on you and your time.

Just imagine the freedom that would bring! And it’s not that difficult to do, with just a little planning…

For the month of December, this is what I am going to be focusing on. Helping you plan and create a Passive Income.

Of course, you love your clients, you enjoy helping them solve their biggest problems and watching them succeed. You genuinely like the work you do, whether it’s helping out with a technical glitch, or talking a client through a tough mindset issue.

But no matter how much you love your chosen field and those you work with, two things are holding you back:

You—just like everyone—have limited hours available
If you aren’t working, you aren’t earning money

By definition, these two limitations put a cap on your earning potential. And while you may not want for anything—you may, in fact, be leading a wonderful, blessings-filled life—you still cannot make the impact you want to make, simply because you’re lacking in either time or money.

If you’re working all the time, then you have precious little time to…

Volunteer
Travel
Enjoy your kids and their growing up years
Pursue a hobby
Learn a new skill
Or anything else you’d like to spend your time on

And if you aren’t working, well, then you have less money for…

Family vacations
Charities
Church
Education (for you or the kids)
Exciting new hobbies
Or whatever else makes your heart sing!

It’s a true catch-22, isn’t it? You need to work more to earn the cash to build the life you desire, but the life you really want can’t be had if you’re working all the time.

The answer? Passive income.

Ask any successful entrepreneur, and they’ll tell you that having multiple streams of income is a game-changer.

As I mentioned above, this isn’t a way to never work again. In fact, building up that stream of passive income will take a lot of work indeed. But once you create the systems, you can leverage them over and over and over again to create a steady cash flow that no longer depends on you and your time.

Just imagine the freedom that would bring! And it’s not that difficult to do, with just a little planning…

This is why for the final month of 2020, I will be focusing only on helping YOU create a passive income stream that is right for your business.

There are 3 ways you can make sure not to miss a single day!

1. Join the Leave the 9-5 Facebook group.

Each day I will be going live inside the Facebook group to talk about how and why you should be adding passive income to your workflow.

2. Sign up for the daily emails.

Sign up on the Passive Income Challenge page and Each day, you’ll get an email from me with a tip or a strategy designed to help you learn about the importance of adding passive income streams to your business model.

3. Keep an eye on the blog.

Every day for the full 30 days, I will be posting here, on the TVS Blog what you need to know about creating your passive income.

Finally – If you realized that in order to reach your goal you’ll want to set aside time to really create your passive income streams! Then you’ll want to consider the 30 Day Passive Income Challenge Fast Track option. More on that will be available on launch day!

So – set your calendar, join the group or sign up on the page and get ready to start creating multiple income streams!

See you on December 1!

Passive Income Challenge

Explore Your Talents and Create a Side Hustle

Have you ever wanted to create a side hustle?

A side hustle is a way of earning an income doing something you love on the side of what you normally do…as the name states. Generally, it supplements your main source of income and is done when you are off-duty from your main job.

A Side Hustle can be something you have a special skill set in or a creative outlet that brings you joy. Some ideas might be:

Skill Set Based Side Hustles:

Copywriting
Creating killer websites
Coaching
Virtual assistant
Car Repair
Carpentry

Creative Outlet Based Side Hustles:

Customized sewing projects
Interior design
Personal Styling
Handmade Signs or Tee shirts
Typography
Metal Work
Craft Beer or Wine Making

Creating a side hustle can have a wonderful effect on your bank account and your self-esteem. Bringing in extra money is always a good thing, and a side business may be a way to help you with your taxes.

AND having one can rejuvenate your enthusiasm for work when you may feel burned out with your 9-5. A side hustles can demonstrate proof that there is a need for what service or product you have to offer, and they can wake up your motivation and help you find that sense of purpose, you may have felt was missing.

When you create a side hustle you will also learn new skills you hadn’t anticipated. Taking your hobby or skill to another level requires an understanding of owning a business that you may not have considered. This is always one of the fun and exciting aspects of working a side hustle.

Things like:

Marketing
Finding Clients
Networking outside your circle
Creating Products
Sales

If a side hustle sounds like just the thing you need to bring in extra income or get excited about sharing your gifts and talents, then explore what those talents are and see if a side hustle can be created from those gifts.

Ask yourself these questions:

Q: Do you have a skill set that others perceive as valuable?
Q: Do you have an aptitude for an aspect of life that others could learn from?
Q: Do you have a gift that is marketable through today’s social media platforms?
Q: Do you have a family tradition, recipe, or artisan skill that can be profitable?

Begin thinking about your skills and hobbies in a whole new way and you may hit on something that is the perfect side hustle – which will bring you more income, more fun, and more ways to express your creativity.

Jump into the TVS Leave the 9-5 Workshop Group and tell us about the side hustle you would like to start! Or better yet – do you have any other tips you can share? We’d love to hear them!

Explore Your Talents and Create a Side Hustle

How to Know if Your Vision Board Will Work

How to Know if Your Vision Board Will Work
Creating a vision board is a fun activity and some people hold vision board parties filled with friends, fun, laughter, music, and food. Who doesn’t love a party and what’s not to like about cutting out photos of your ideal life?

However, some people are quick to dismiss vision boards as being “woo woo” or magical or as a creative puzzle that just doesn’t work. Whether your vision board will work for you or not boils down to a few simple tips; follow the tips, and you’ll likely see success. Ignore the tips and you’ll likely get distracted, frustrated, and angry that you wasted time making the board.

Less is More

Typically, people like to fill a gigantic piece of cardboard with dozens of photos of their hopes and dreams, everything from the dream mansion by the ocean to the diamonds and private yachts. But how can you focus on achieving all those big-ticket items all at once? Most people can’t focus on multiple goals at once – especially huge ones – so they get distracted and miss important opportunities. Edit the number of photos you use on your vision board and decide which of those goals you want to reach first.

Prioritize Your Goals

What is most important to you: working a 4-hour workweek or living by the ocean? The fancy sports car or the ability to travel around the world? These are just examples, of course, but you need to prioritize each photo you find and really ask yourself WHY you want this on your board. Is it truly important to you or is it a flashback from your childhood? If a photo isn’t important to you, your subconscious will know that and you will only get distracted or confused about what you should be working toward.

Take Action

Vision boards are not mystical or magical; just because you put the photos together and post it in your office doesn’t mean things will start magically appearing. Even if you want to win the lottery, you still need to take the action to buy the ticket, right? The same is true of vision boards. If you want to buy your first home, take some action: do some research or hire a realtor, talk to a mortgage broker to get pre-approved, and then increase your marketing efforts to find more clients.

Believe that You are Good Enough

Mindset is everything when it comes to making goals a reality. If you fall victim to the negative self-talk that says you’re an imposter or undeserving of reaching greatness, then you will be less likely to take action toward those goals. How many times have you talked yourself out of creating a class or program because you think, “Who wants to learn from me?” Changing your mindset and releasing the blocks that hold you back doesn’t happen overnight but when you hear those negative thoughts invading, say out loud, “Why NOT me? Why shouldn’t I be the one to reach success? If not me, then who and why do they deserve it more?”

If you’re willing to take action, you will reach your goals. If you want things to be handed to you, then you’ll remain stagnant in your business and in life. Vision boards are tools used to visualize your goals and dreams and WILL work if you use the tool correctly.

Did you know TVS has launched the Inspired Action Mastermind?

A premium mastermind for mission-driven, service-based women entrepreneurs who are ready and willing to put in the work it takes to reach the next level!

Inside the Inspired Action Mastermind, we are an intimate group of entrepreneurs, all of which are committed to the success of one another’s businesses. It is a mastermind that provides the support and guidance you need to help you move your business forward. Because, when you’re in the right mastermind group, you can start to see your business and yourself through someone else’s eyes as you support one another and leverage each other’s experiences.

If you are ready and willing to shift your mindset and tackle all the hard questions to accomplish your dreams, then join us.

Learn about the Inspired Action Mastermind

How to Know if Your Vision Board Will Work

5 Ways to Make Vision Boards Work for You

If you are a regular reader of my blog, you know I love vision boards. Vision boards are meant to be a tool to focus on what’s important in your life – focus on your family, business goals, or living a carefree lifestyle. Make Vision Boards Work for You

What you need to know about vision boards is that how you create your vision board or what it looks like aesthetically doesn’t have any bearing on how well it will work.

If you have the Martha Stewart crafty gene in you, make your vision board as pretty as can be. Add pieces of fabric, paint an abstract background with your favourite colours, or dig out your long lost scrapbook supplies and utilize those beautiful printed papers and fun stickers.

However, if you are ANYTHING like me, you don’t have a crafty gene nor have the desire to develop a crafty side – have no fear: you can still make a no-frills vision board that suits your style and that will work!

Cork vision board.

Buy an inexpensive corkboard and use thumbtacks to attach your photos. Using tacks makes it especially easy to move your photos around or to take some off after you’ve reached your goals.

Vision books.

If you have multiple goals for different parts of your life, then creating a vision book keeps all those goals on separate pages but still compact in the same book. A simple journal or a larger scrapbook serves the purpose. However, make a concerted effort to look at your book every day or find a unique way to keep your vision book where you can see it often instead of closed up on your bookshelf.

Digital vision boards.

For those who can whiz around the internet at the speed of light, digital vision boards are time savers. Search for a free template or use Canva’s grid template. Simply upload your photos and quotes to your chosen template and save. Save it as your wallpaper on your computer and phone. Go one step further and get it professionally printed on photo paper at your local photoshop.

Hang a single photo.

In a 60 Minutes interview, Adelle said that she hung a photo of an Academy Award near her treadmill where she saw it every day, just to keep that goal at the back of her mind. She reached that goal in 2013 when she received the Oscar for her song from the James Bond movie, Skyfall.

Write a vision statement.

For those who are born wordsmiths, forget about the pretty pictures and write out your goals instead. However, write it as a letter to yourself, 10 years into the future. Describe what you’re doing and where you’re living, among other things, as if you’ve been living that life for 10 years and are giving an update to your long lost friend. That’s exactly what Luvvie Ajayi did as a training exercise for her job. She went from being laid off from the job she loved to be a NY Times Bestselling Author! You can read Luvvie’s story here.

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So much time is spent describing traditional vision boards but as you can see, creating a non-traditional vision board or writing a vision statement is just as powerful. The most important point is voicing your goals and taking action to achieve those goals. How you package up your vision is completely arbitrary.

TVS has launched the Inspired Action Mastermind!

A premium mastermind for mission-driven, service-based women entrepreneurs who are ready and willing to put in the work it takes to reach the next level!

If you are ready and willing to shift your mindset and tackle all the hard questions to accomplish your dreams, then join us.

Learn about the Inspired Action Mastermind

Make Vision Boards Work for You

make vision boards work for you