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4 ways piano teachers can earn passive income
As a piano teacher, most of my income is from teaching and likely yours is too. It was just a few years ago that the idea of "passive income" was introduced to me and it's really helped to increase my income without having to increase my student numbers.
Passive Income = Creating an item once and then selling it online an unlimited number of times is such a powerful idea. Here are a few ways that may help you too:
You can create and sell your own arrangements of popular songs, public domain pieces, or almost anything. ArrangeMe.com looks after all the copyright and legalities and you get commissions.
There are so many public domain pieces that have not been notated into computer software nor recorded. By transcribing a piece you can make much more commission as the copyright has lapsed. You can also transcribe popular music that hasn't yet been published and be one of the first in the market.
👉Writing Books
You may have ideas for a new method book, piano exercises, a guide for a particular topic that hasn't been written about, or just a perspective to share. AmazonKDP is easy to use to get your book published.
👉Online workshops or courses
Package your knowledge into a video course and advertise it to the appropriate audience. Once it's created it can generate income repeatedly.
The great thing about these ideas is that you can earn money while you sleep. Yes, it does take the initial hours to create it but once it's done, it's done.
I'd love to hear if one of these ideas sparked some interest for you. I've done all of them, so if you need help just reply!