124 Passive Income: The 5 Blocks Holding You Back From Passive Income

<p>124 Passive Income: The 5 Blocks Holding You Back From Passive Income</p><p><br> “Making money while you’re asleep” has a good ring to it, doesn’t it?</p><p><br></p><p>But what if I tell you that while developing passive income, we can still have blocks?</p><p><br></p><p>In today’s episode, I want to share with you some of the blocks and challenges that I faced and you might potentially face while developing passive income streams in your business!</p><p><strong>You have to get comfortable with selling<br></strong><br>02:18- 03:00 First, you have to get comfortable with selling. Passive income products are not going to sell themselves. You will need to spend a lot of your time developing sales funnels for these products, running launches and activities such as webinars to reach large numbers of people. The other day someone said to me "You’re a great salesperson" and I instantly felt this icky feeling as I hate to be ‘sold’ to. I hope she meant that I was persuasive and really convinced her of the benefits of our program. Selling will only get easier as your confidence grows from seeing the results your customers achieve. </p><p><br></p><p><strong>Comparing yourself to bigger competitors</strong></p><p><br></p><p>03:03- 03:07 Number two: Comparing yourself to bigger competitors. </p><p><br>03:25- 03:43 I think it's not really awesome to compare yourself with others however I really find it useful to focus on how different you can be or I am different from them or what I have in my product or service that they do not have. So what is your unique selling point? </p><p><br><strong>Stop comparing your prices</strong></p><p>04:21- 04:42 Number three: Stop comparing your prices. The market is flooded with passive income products these days, especially now. Everybody moved online. And consumers have so much choice available to them. It can be difficult to not base your price on what other people are charging.</p><p><br><strong>Using your own money blocks to price your product</strong></p><p>05:55- 06:19 Numb