I speak to so many pharmacists each week who want to quit their retail (or hospital) jobs and transition into full-time entrepreneurship.
They’re fed up and ready to quit, but the golden handcuffs and paycheck keep them at the job. Trust me, I get where you’re at because that was me 3 years ago working in retail. I was having panic attacks and debilitating neck pain, dreading to go to work every day in the chaos and stress that took a toll on my health. I felt completely powerless, anxious, and frustrated that I was stuck there every day for 12 lonnnnngggg hours.
When I quit, I chucked up the peace sign (and another choice finger) and never looked back. I made a DECISION that I was going to create a profitable business and do whatever it took to leave for good. I hired two business coaches (I invested close to $50k that year) and replaced my pharmacy income in my rapid transformation coaching practice. The next year, my income + impact doubled, and it’s doubled every year since then.
If you resonate with this, I know you’re so done with…
👑Sacrificing your own health to help others be healthy…
👑Working exhausting, long hours, and doing work that is uninspiring and draining…bc you know your purpose is way bigger than the four walls you’re confined to every day
👑Coming home every night collapsing, with barely enough energy to put your kids to bed, let alone help them with their homework or shove a pizza in the oven.
What you really want is to walk away from pharmacy, replace your pharmacy income, and HELP the clients you know are waiting for your magic!
You want a solid, strategic plan to transition out of your job and create a profitable business on YOUR terms, feeling energized and lit up using your gifts.
AND…you don’t want to just walk away without a plan, throw away the years and money you invested into pharmacy school, or scramble and have to figure it out alone. I get where you are right now.
On one hand, you may think that you don’t want to just leap without a net, hoping you’ll land on your feet trying to build a business by yourself. And on the other hand, you can’t see another path (yet) because ‘this is just how it is.’
What if there was a way for you to walk away from the burn out, but actually have a net of support and a proven system to help you walk TOWARD your profitable business? This is a huge part of the deep intuitive/rapid transformation business coaching I facilitate in all of my programs + retreats.
And I’m sharing your path to leave retail for good in my upcoming 3-day Elevate Your Business Challenge from June 8-10.
This 3-day challenge is for women who are DONE with stifling your light, your voice, and your true passion in exchange for a paycheck where you are undervalued, underappreciated, and disrespected on the daily. You’re ready to step into the most confident, authentic YOU to…
👑Monetize your gifts, talents, experience, and passions so you’re able to abundantly provide for your family while enriching the world with your magic.
👑Have a clear plan to scale a PROFITABLE business where you have the freedom + flexibility to WFH without sacrificing time with your family or money in your bank account.
👑Feel lit up, confident, and excited about your next steps and where you’re going for the rest of 2022 and beyond! Instead of being stuck standing all day in one place under fluorescent bulbs surrounded by either chaos or complete boredom, you’ll be on your path to more pleasure, purpose, and prosperity, Queen.
If you are reading this article after the challenge, I invite you into our Monetize Your Magic Facebook Community where you’ll be surrounded by 2.3k supportive pharmacist entrepreneurs on the same growth path!
Join us here – https://www.facebook.com/groups/244625093553163
So here are 13+ ways to monetize your gifts to leave retail –
#1. Start a coaching business…and scale it!
Yes, you can create a coaching or consulting business and work from home coaching others with your area of expertise. I’ve helped so many pharmacists and entrepreneurs create lucrative coaching businesses in functional medicine, health coaching, emotional intelligence, and plenty more.
I always say it’s easy to start a business, but to grow a profitable one takes both INNER shifts and PRACTICAL strategies!
In my Signature course Elevate Entrepreneur Academy, I help pharmacists unlock and monetize your gifts and communicate your brilliance to scale your profitable heart-centered business with more ease and flow. This is a proven system that I’ve curated over the last 10 years of being an entrepreneur and growing a multiple six figure/year coaching business.
Here are examples of the coaches I’ve helped scale profitable businesses –
- Self-love coach
- Fertility + pregnancy coach
- Health + wellness coach
- Functional medicine practitioner
- Lifestyle coach
- Rapid transformation coach
- PCOS coach
- Life coach
- Fitness coach
- Hormone consultant
- Anxiety coach
- Diabetes coach
- Mindset coach
- Holistic pharmacist
- Self-care coach
- Stress management coach
- Management consultant
- Emotional intelligence coach
I’m sure there are many more!
You can monetize your gifts, talents, knowledge, life experience, and life lessons to serve the clients who are already in your world. The key is sharing what you know and making offers. People can’t buy what they don’t know you have!
#2. Take pharmacist surveys
I’ve taken micro surveys on InCrowd Surveys and enjoy their short paid studies and fast payments for supplemental income. Whether you’re a hospital or retail pharmacist, they have all sorts of surveys for you to take to earn extra money from home and help improve patient treatment/outcomes. Click HERE to sign up for free.
I’ve also taken surveys from M3 Global Research, ZoomRx, and Medscape Surveys.
#3. Create a YouTube channel
I’ve been putting up YouTube videos for years and now it’s easier than ever. You can literally create videos from your phone or computer and monetize them to make some extra side cash and build your following if you have a brand or business. Passive income is the way to go. Long gone are the days of doing things in person a thousand times over.
Do you hear yourself telling your patients or clients the same things over and over? You can repurpose your content and essentially duplicate yourself by recording videos, podcasts, trainings, etc and sell them! By doing this, you can reach thousands and millions of people. Here is an example of my channel – www.youtube.com/christinatarantola1
#4. Create a podcast
This is another easy option to consider. I took Dr. Bryan McElderry’s podcast course and started my own podcast, The She Rises into Desire Podcast in less than 1 day. You can also monetize your podcast with mid-roll advertisements and have different guests on to reach new audiences.
#5. Craft a PDF guide or e-book to sell
This is another great option for a passive income stream. You can create valuable content pertaining to your audience’s needs and sell it on your website. I created a guide called Your Sacred Space – 7 Releasing Rituals to Liberate Space for Magic & Blessings and sell it on my website shop page.
#6. Host virtual or in-person retreats or events
Let’s face it, with COVID, many people are not traveling as much for conferences or retreats. Why not host a virtual retreat? I’ve hosted many!
My biannual Elevate Retreat has become one of the most exciting parts of my business. I’ve had the honor of serving over 50 women who have come as far as Seattle, Colorado, all the way from Massachusetts, Illinois, and more to attend these transformative retreats in Florida!
I’ve also created many paid virtual events/webinars to help people with everything from stress management to building their business. You can create a simple sign up + payment link and stream from Zoom.
#7. Write an e-book (or a paperback book)
I’ve written 2 e-books, 4 paperback books and have 1 audiobook. I am working on my 5th paperback with 22 other pharmacist entrepreneurs called Monetize Your Magic – Unlocking + Monetizing Your Gifts to Scale Your Profitable Healing Business. Keep an eye out for that book later this year!
Again, passive income is the way to go. If you’re a coach, the beautiful thing about a book or e-book is that you are giving value as well as increase the KLT (know, like, and trust) factor. That way, if someone wants to work with you, they’ll get to know you through your books, videos, content, etc!
#8. Participate in affiliate programs
This means collaborating with other pharmacists, companies, or partners to share their events or content and you get a portion of the sale. I have an Affiliate program that I offer to all past clients where they can sign up to become an affiliate and they get a commission if they refer someone to one of my programs.
You can also do affiliate marketing with blogging by promoting other brands that you love and trust!
#9. Create an e-course! You can do this through Teachable or Kajabi and make passive income teaching what you love to talk about anyway! I have many mini courses (that I’ve archived for now) and also have Elevate Entrepreneur Academy to help entrepreneurs release blocks holding you back so you can own your brilliance and scale your profitable healing business.
Kajabi vs. Teachable – Course Creation
I have looked into both, but I picked Kajabi as my course platform, hands down.
I have the Growth plan since I have many products I sell, such as my Elevate membership, Monetize Your Magic e-course, retreats, Quantum Queen e-course, and more through Kajabi. You can choose from the Basic, Growth, or Pro plan and switching to annual payments saves you 20%.
What I love about Kajabi is that you don’t get extra charges taken out of your transactions. Kajabi integrates with PayPal, which takes out the 2.3% transaction fee when a customer buys a digital product…but that’s it. Yes, you pay more with Kajabi up-front, but there are no crazy processing fees. It’s very straight forward, which I appreciate.
With Teachable, you get hit with the 2.3% from PayPal or Stripe AND transaction fees and processing fees. PLUS, you have to pay monthly fees for your plan anyway. You can choose between the Basic, Pro, and Business plans. Yes, it’s less expensive up front, but the extra fees didn’t appeal to me, especially because I have a lot of bigger ticket transactions and also multiple transactions per month. If you’re just starting out, maybe Teachable could be a viable option for you.
I also like how Kajabi allows you to have affiliate/referral partners. So if you have a course or membership and want to give your affiliate 10% of any referral, it’s easy to set up. Your affiliate simply signs up through a Kajabi link and has access to specific referral links that they can post on social media. Once someone buys through their link, they get paid automatically through PayPal and Kajabi does the heavy lifting.
Kajabi has everything you need for your business:
-You can have your CRM platform and newsletter sent through Kajabi
-The ability to sell courses, memberships, and any other online program your heart desires
-There is also the ability to have landing pages
I also received a special package when I reached $10k in sales, which I thought was a special touch. Not many companies send freebies like that anymore, so I was VERY appreciative of that!
Click HERE to learn more about Kajabi
You can also use Constant Contact to create an automated sequence of emails that act like a course.
Constant Contact. I really can’t say enough great things about them. I’ve been a loyal customer to them for 9 years now. I love their customer service as they are always available and willing to help you work through a problem or challenge you may have.
I use Constant Contact for my opt-in lead pages, for automated content for clients, and for my newsletters.
Their platform is very easy to navigate and it’s affordable in my book. I currently pay $42/month. Their pricing is based upon the number of subscribers you have on your list AND if you want the opt-in/automated content feature.
Constant Contact also has the ability to help you with:
-Setting up and hosting a website
-Integrations with your website
-Tracking reporting for trends with your newsletters
Use my referral link below and receive $75 credit when you sign up.
Click HERE to learn more about Constant Contact
#10. Developing a VIP day package Do you have a coaching business and want to create an unforgettable client experience? Have a half-day or full-day VIP package that you offer your clients where you have a laser focused day to dive deeper with them for their transformation. You can also add on a VIP offering if you have an in-person retreat or experience.
#11. Write paid articles for a magazine.
Some other ideas are to write for a pharmacy magazine (I wrote for Pharmacy Times for a while there) and have also heard of pharmacists getting paid to write for GoodRx.
#12. Paid Partnerships. Create partnerships with companies that align with your brand to share about their products. If you help diabetes patients, reach out to companies who help that population. Many companies will pay you to promote a product on social media or in a YouTube video. Get creative and reach out to these companies!
#13. Bundle/Repurpose Content
Whether it’s past meditations or recordings you’ve done, you can bundle them together and sell them for $47-$97. I’ve done this with meditations, audios, and video trainings. You’ve already done the work, so now it’s just about monetizing it and packaging it.
In Elevate Entrepreneur Academy, we dive deep into…
How to unlock and monetize your gifts so that you’re communicating your brilliance and attracting more clients…
How to release money blocks along with imposter syndrome, perfectionism, people pleasing and more so you’re not swirling in self-sabotage and you’re ALLOWING in money into your bank account and business…
The step-by-step path to purchase to your pleasure-led product suite and soul offerings that your clients will be MAGNETIZED to…
And so much more..!
ALL in a community of like-minded heart-centered pharmacists waiting to support you as you grow your business!
Learn more about Elevate Entrepreneur Academy HERE.
To learn more about monetizing your gifts to scale your profitable business follow me here –
IG – @thepharmacistcoach
Facebook group – https://www.facebook.com/groups/244625093553163
Feel free to DM me on Instagram to let me know which way to monetize was your favorite!