23: PASSIVE INCOME: WHERE TO START & HOW TO GROW IT (W/ MEGAN YELANEY) - a podcast by Isabella Silverio

Today we have the most wonderful guest, Megan Yelaney, business coach and passive income expert! She actually used to be my business coach in FCA and the reason why I got so into passive income.

This biz babe takes us through how her MLM experience was the beginning of it all and gave her the itch to do something larger with her business desires by going out on her own path as a business and life coach because. If you are currently facing resistance because you’re not following your true passion, you are going to continue to face this resistance, you just have to pull the band-aid off. Do whatever you want, just do it unapologetically and go after it. You need to be unapologetically yourselves because that resistance is never going to go away if you don’t itch it. It takes diligence, consistency and planning to get there but if you know what you want, you are going to go after it and you are going to make it happen.

Megan started in network marketing (MLM) which is a business where you build a team of network marketers, and then she signed up to become a coach and made a commission by selling products through Beach Body. She then went on to build and bring on a team of distributors under her and made a percentage of what they are making, which is really where the magic happens because 90% of her income by 2015 was from her team in a 6 figure business. So, that’s why she so naturally went into business coaching because that is what she was doing anyway to build and create that successful team. In 2014 she dove in deep, she then officially left her side hustles and focuses on the business in 2015 and 2016. Then 2017, something changed and she got such a craving for a chance to do her own thing focusing on others in wellness and then began taking Amanda Bucci’s program and started her own business and launched her first passive product.

Before you create a passive product, there are always 5 steps that you have to go through.

1. Market Research.

2. Pick a topic.

3. Create a free offer.

4. Create content around your offer.

5. Host a free challenge, free training, free webinar!

For more details from this episode, click here!

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