Creating Passive Income as a Service Provider with Jessica Stansberry

Podcast

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April 13, 2022

APPLE PODCASTS | SPOTIFY | STITCHER

In this episode, I’m sitting down with the awesome and funny Jessica Stansberry! You may know her from her YouTube channel with over 100,000 subscribers, where she teaches about passive income, starting a YouTube Channel, course creation, and more! She’s an amazing teacher, and it was an honor to have her on the show to chat about where to start with passive income as a service provider. Jessica also shares her thoughts on being a good team leader as a small business owner and overcoming obstacles in business. Be ready to take notes, this episode is packed with amazing takeaways!

Meet Jessica Stansberry

Jessica helps women who are fed up with societal norms do life differently and live a life with more freedom by showing them what’s possible through her YouTube channel, with over 100,000 subscribers, social media, and her programs and products.

Episode Highlights

In this episode, you’ll hear us chat about:

  • How Jessica pivoted from owning a graphic and web design company to being an online educator (03:05)
  • What Jessica’s bad experiences in the corporate world taught her about team leadership (07:47)
  • The meaning of passive income, and why “passive” isn’t always the best word to describe it (12:55)
  • Where to start with passive income as a service provider (16:36)
  • The two most common roadblocks to creating passive income, and how to overcome them (20:40)
  • How to problem solve as a business owner (24:00)

Passive Income Examples

As you’ll hear her explain further in episode, Jessica shares that as service providers, it’s a great idea to create products around what clients will need before or after working with you. Beside creating your own offers, you can also be an affiliate for other products that your clients will need. Jessica goes on a roll and shares some awesome examples of passive income! Here’s a summary:

Examples for Website Designers:

  • Being an affiliate for domain registrars or host companies, graphic packs, etc.
  • Creating a course on how to DIY your own website (Jessica did this when she wanted to transition away from offering her services completely!)

Examples for Copywriters:

  • Creating a course or digital product that clients can use before or after working with you
  • This could be a $27-$47 workbook to help business owner’s get clear on their messaging, ideal client, etc. for a sales page. Once people have filled that out, if they decide to work with you they will be coming with most of their homework done!
  • You could also partner with a website designer to create a sales page template that’s built for the way you write copy. Then, once you’ve finished writing the copy, you can offer clients the template!

Link Mentioned: The Kolbe Assessment

Here is the Kolbe assessment that Jessica recommended in this episode!

Connect with Jessica:

If you loved what Jessica had to share and want to connect with her further, be sure to check out the links below! Her YouTube channel and courses have been so helpful to me on my business journey!

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