Implementing Sources of Passive Income as an Interior Designer

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With the new year comes new opportunities to grow your business, and the best part is that you don’t always have to trade time for money to generate income. It’s possible to sit back, relax and make money while you're sleeping, eating, or on vacation. With a little work upfront, you can implement sources of passive income in your interior design business!

There are many ways that other interior designers are making passive income from digital downloads, online shops, courses, design workbooks, sponsorships, affiliate marketing, membership sites, and even art. 

Here are a few tips to consider if you’re interested in implementing various sources of passive income in your interior design business:

  • Figure out what you enjoy creating. Do you love teaching? Then maybe a course on a subject that you’re an expert on is a great opportunity for you.

  • Listen to what your clients and others are asking you. Are people always asking you where you source your products and decor from? Maybe it’s time for you to create an online shop with your favorite products.

  • Network with others. If you’re interested in creating a corporate partnership, sponsorship, or licensed products, it’s essential that you build relationships with these companies.   

  • Focus on a consistent social media presence and marketing. If you’re interested in affiliate marketing or creating digital downloads, it’s important to get those products in front of your audience. Don’t get overwhelmed by the number of ways you could market your business. Instead, focus on consistently showing up on a platform that will have the biggest impact for you. 

Do you want to learn more about passive income for interior designers? Check out my ebook, Creating Passive & Multiple Income Streams for Interior Designers, to learn more. This ebook contains 37 pages of tactical advice and steps for creating a variety of different sources of passive income, including a bonus chapter on marketing. Learn more about digital downloads, online shops, courses, product licensing, affiliate marketing and more. Once you create your passive income stream you must market it. 

What source of passive income are you ready to implement in the New Year?

xx Danae