How to create multiple revenue streams as a coach

In case you missed it: Our latest episode of Growth Dialogues featured Karas Wright, a results-driven business and leadership coach.

In a conversation full of actionable insights, Karas reveals the key strategies that helped her create a variety of revenue streams and achieve sustainable success. Watch now to learn:

?? Why most entrepreneurs get stuck—and how to break free from revenue plateaus

?? The power of multiple income streams and how to design a business model that works for you

?? The biggest mindset shifts needed to scale without burnout

?? How to build a business that supports your life, not the other way around

?? Leveraging technology to streamline operations and amplify results

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About the guest

Karas Wright is a powerhouse business and leadership coach, helping ambitious entrepreneurs and business owners scale with confidence. With a background in business banking and a sharp eye for strategy, she specializes in turning passion into profit by unlocking new revenue streams and optimizing operations. Through her dynamic coaching programs—ranging from one-on-one mentoring to group masterminds and self-paced courses—Karas equips leaders with the tools they need to thrive. Leveraging cutting-edge platforms, she streamlines the coaching experience, making transformation seamless and measurable.

??? Watch the episode

?? Key takeaways

1. Why businesses get stuck – Many coaching entrepreneurs hit a revenue plateau because they’re stuck in the cycle of working in their business instead of on it. Karas explains how to shift your focus and regain momentum.
2. The power of multiple income streams – Relying on a single revenue source can limit growth. Karas breaks down how to diversify income streams without overcomplicating your business model.
3. Mindset shifts for scaling – Growth requires more than just strategy—it demands a shift in mindset. Karas shares the biggest mental blocks that hold entrepreneurs back and how to overcome them.
4. Building a business that works for you – Instead of building a business that drains you, Karas emphasizes the importance of designing one that aligns with your life goals and personal values.
5. Leveraging technology for growth – Automation and coaching platforms can streamline operations, save time, and help you scale efficiently. Karas shares practical tips on integrating the right tools into your workflow.
6. Real-world success stories – Karas shares inspiring client success stories, demonstrating how small changes in strategy and mindset can lead to massive business breakthroughs.

I think a couple of things I would say is a lot of us, including myself, we got into this business because we are passionate about helping people. And what's romantic about that is that we get that ability to influence, impact, and make a difference in the world. But once we're in there, we got to actually take that romanticism and put it to the backside and start thinking about it in a business sense. - Karas Wright

Show notes

00:00 Introduction to Multiple Revenue Streams in Coaching

02:47 The Evolution of Coaching Services

06:06 Balancing Consistency and Experimentation

09:00 Navigating Risks in Coaching

12:05 Validating New Ideas for Revenue Streams

14:55 The Role of Digital Platforms in Coaching

18:03 Marketing Strategies for Coaches

21:02 Transitioning from Passion to Business

Join the Conversation:

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