How Psychologists Can Build Passive Income (And Why You Should)

Dr. Marianne Trent explores the power of passive income for psychologists and mental health professionals. She is joined by Lisa Johnson, a leading expert on recurring revenue, to discuss why psychologists should consider diversifying their income beyond one-to-one sessions. They unpack the biggest mindset barriers, practical ways to get started, and how passive income can create financial security and work-life balance.

To join the race to recurring revenue challenge head to: https://goodthinkingpsychology--lisajohnsonstrategy.thrivecart.com/one-to-many-2025/

Timestamps

• 00:00 - Introduction
• 01:22 - Why Passive Income is a Game-Changer
• 02:20 - Overcoming Money Mindset Blocks
• 04:31 - How Passive Income Reduces Burnout
• 06:36 - Practical First Steps to Getting Started
• 07:23 - Creating Books, Courses, and Memberships
• 08:19 - The Power of Digital Products
• 09:12 - Special Guest: Lisa Johnson on Building Recurring Revenue
• 13:26 - Working Smarter, Not Harder
• 17:04 - Making Money While Helping Others
• 19:29 - Lisa’s Free Passive Income Challenge
• 21:13 - Final Thoughts & Next Steps

Links:

📲 Join the free Race to Recurring Revenue challenge which starts on 24/02/2025 - grab your free space now: https://goodthinkingpsychology--lisajohnsonstrategy.thrivecart.com/one-to-many-2025/

🫶 To support me by donating to help cover my costs for the free resources I provide click here: https://the-aspiring-psychologist.captivate.fm/support

📚 To check out The Clinical Psychologist Collective Book: https://amzn.to/3jOplx0

📖 To check out The Aspiring Psychologist Collective Book: https://amzn.to/3CP2N97

💡 To check out or join the aspiring psychologist membership for just £30 per month head to: https://www.goodthinkingpsychology.co.uk/membership-interested

🖥️ Check out my brand new short courses for aspiring psychologists and mental health professionals here: https://www.goodthinkingpsychology.co.uk/short-courses

✍️ Get your Supervision Shaping Tool now: https://www.goodthinkingpsychology.co.uk/supervision

📱Connect socially with Marianne and check out ways to work with her, including the Aspiring Psychologist Book, Clinical Psychologist book and The Aspiring Psychologist Membership on her Link tree: https://linktr.ee/drmariannetrent

💬 To join my free Facebook group and discuss your thoughts on this episode and more: https://www.facebook.com/groups/aspiringpsychologistcommunity

Like, Comment, Subscribe & get involved:

If you enjoy the podcast, please do subscribe and rate and review episodes. If you'd like to learn how to record and submit your own audio testimonial to be included in future shows head to: https://www.goodthinkingpsychology.co.uk/podcast and click the blue request info button at the top of the page.

Hashtags:

#passiveincome #recurringrevenue

Mentioned in this episode:

📢 Sign up for the FREE Passive Income Masterclass! 🚀

📢 Don’t Miss Lisa Johnson’s Free Masterclass! 🚀 If you’re serious about building sustainable, recurring income, then make sure you join Lisa Johnson’s FREE masterclass on Monday, 3rd March at 8pm GMT. 💡 Lisa will walk you through her proven 5-step CASsH System, breaking down exactly how to add a recurring revenue stream to your business or life. Whether you're a psychologist, mental health professional, or working in a completely different field, these strategies can work for you! 📍 Plus, there will be a live Q&A and some epic prizes to be won! 👉 Sign up now via my link to secure your spot: https://goodthinkingpsychology--lisajohnsonstrategy.thrivecart.com/one-to-many-2025/ Spots are limited, so don’t wait! If you have any questions, feel free to DM me on social media. #PassiveIncome #RecurringRevenue #LisaJohnson #FinancialFreedom #PsychologistsInBusiness