
One of most powerful ways coaches and consultants can use to navigate their way out of the “dollars for hours” business model is to develop leveraged income streams. Let me explain what the difference is between passive, earned, and leveraged income. I’m going to give a shout out to Tim Conley of Foolish Adventure Internet Business Radio for giving such a great overview of the different income models. Passive income is money you receive without working for it. For example, if you have a rental property that generates income each month, that’s passive. Earned income is the money you