Having several sources of income is extremely important in a career like ours. You might tell me “well Jess, I’m going to have a booming naturopathic practice, I won’t need anything else”. And, that’s amazing! We all should be shooting for the stars. But, what about when you go on vacation, maternity or paternity leave, or have to take some time off? If your one-on-one patients are your only source of income, you can see how there might be some obstacles in your way. It will become challenging when we have to depend solely on the number of new and returning patients to support our families, pay off our loans, or achieve our financial goals. We have to get creative.
This is where other sources of income can make a big difference. Here’s a few examples:
– Creating courses, eBooks, books, apps
– Selling products (i.e. supplements, skin care, etc.)
– Investment and saving accounts
– Owning a rental property
Recently, creating online courses has been quite common among naturopathic doctors, especially as we immerse ourselves more into the online space. Some of you might have already thought of different courses you would want to run. But where do you begin?
In this awesome interview with Dr. Amanda Chay, an ND, clinic owner, co-founder of Enliven Naturals, and business consultant, we go through the basics of running an online course. Figuring out how to diversify your income, will not only help you to build your brand and increase your income, but will also enable you to live a more balanced and fulfilled life.