The Secret to Passive Income in Your Physical Therapy Business

Today, I wanted to share the secret to passive income: a.k.a., how my businesses run without me!

Passive income is something I can teach you how to achieve, but you have to go do it for yourself. If it’s what you really want, it takes a lot of hard work. It’s awesome to wake up to messages that you sold something overnight, but it takes effort to get there.

Passive income is going to family camp for a week (with no internet!) and coming back with over $22,000 in revenue. I left my businesses and they still generated that number without me. That’s passive income.

How did I manage it? I set up systems. Hence, the secret to passive income is (you guessed it) systems.

A system is something that replicates or describes an activity you do every day. It’s simple: great people run systems and great software runs systems.

I’ve spent 20 years figuring all this stuff out. I worked hard to build our systems, and now I can take upwards of eight weeks of vacation within six months… or something like that, lol!

Every business—from the smallest lemonade stand to the largest evil conglomerate—has systems. You need to spend the time, money and effort to build them now so you can enjoy the payoff down the road.

If you haven’t gotten your ticket to the ultimate business growth event for physical therapists yet… what are you doing? Secure your seat here!

 

 

About The Author

Aaron LeBauer

Aaron LeBauer PT, DPT, LMBT started a 100% cash based physical therapy practice right after graduation. He's on a mission to save 100 million people from unnecessary surgery & enjoys helping passionate therapists build successful businesses without relying on insurance.

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