This one is really simple and surprisingly lucrative.
It all started when Bob (not his real name) offered coaching services to his customers.
Bob only wanted to take on a certain number of students and no more, so he referred any additional students beyond his limit to other coaches.
These other coaches thanked him profusely for the referrals, and Bob realized he’d goofed up because he should have been smarter and made a commission on the referrals.
Oddly enough, none of these coaches had affiliate programs, and so he asked each of them to create an affiliate program just for him.
On $1,000 to $2,500 a month coaching, Bob typically earns $250 to $500 a month in commissions. And that’s usually over the course of 3 or more months.
Because promoting other coaching programs to his leads and customers turned out to be so lucrative, Bob seldom does any coaching anymore. Instead he simply refers people to the other coaches and cashes in, earning about $10,000 a month.
Of course, you could do both; coach students and promote other coaches too, if you want to make even more money.
But if the idea of coaching doesn’t sit right with you, then promoting other coaching programs might be the way to go.
And if those coaches don’t have affiliate programs, see if they would like to create one. If you joint-venture with them to create their affiliate system, then the returns will be even higher!