Lisa Johnson- Single mom £30,000 In Debt To A Multi-Millionaire

Lisa Johnson- £30,000 In Debt To A Multi-MillionaireLISA Johnson was in thousands of pounds worth of debt when she started her wedding planning business.The 42-year-old single mum, from London, was desperate to turn her fortune around and so sought the advice of a business coach.In just five months she saw her company go from a flop to a runaway success, and Lisa soon found women looking to HER for business advice.Lisa soon worked out that her coaching skills were invaluable and has since become a successful business coach.Women now pay a membership fee for her coaching services, and Lisa enlists speakers to further educate them.Explaining the theory Lisa said: “Think of it like a spare room. At the beginning you have an asset, you have a room, you decorate, you put a bed in it, do all the work, but then a lodger can stay in that room and pay for it time and time again and you don’t have to do any more work.What are the key steps you teach to make passive income?**************************************Johnson: I take the same steps every time:Figure out who you want to help. Usually, this audience is similar to yourself and where you've been so you know you can help them.Grow a Facebook group audience full of my ideal clients. You can find them through email opt-in freebies and create as well as going into Facebook groups where that person might hang out in and helping them as much as I can with their issues. Once people see that you can genuinely help them, they’ll want to know more and come into your group to get further assistance.Ask your audience what they want. Once you've fostered a tightknit social media community where people can open up about their struggles, it’s easier to get answers for what they really need on a deeper level.When the same issue comes up over and over again, You know it’s the right time to create a solution. For instance, when your audience was struggling with how to build their own audiences in an authentic way, I created a course on exactly how to do that. It didn’t take me very long since I’ve already done it myself.Plan out the perfect launch for the product -- it has to be right for the audience. I don’t like stressful launches and I’ve seen how they burn out business owners. It doesn’t need to be that way -- prepare all of your launch material (e.g. emails and social media posts) beforehand and keep it fun for you and your audience.  If you need more help with creating a passive income join Lisa Johnsons winning team @lisajohnsoncoaching | LinktreeFollow me on @happy_singlemompodcastThank you @mayaisac for letting me use her song 'when i get there'.