These days, there are so many ways to monetize your knowledge.
You could write a book or an ebook. You could create a course that people can go through at their own pace. Or you could run a live program where you guide people through the material and help them apply it. You could provide coaching or consulting or even a service where you use your knowledge to help others.
Over the last five years or so, I've monetized my knowledge in almost all of these different ways. And some of them took a lot of effort and time and didn't pay very well. And then others have been extremely profitable.
So today I wanted to share with you what has worked best for me and has allowed me to build the multi six figure information business that I run today, and also what I would recommend someone do if they’re interested in getting started in the information industry.
Listen to the full episode to hear:
- The first two steps to turning your knowledge into a business
- The research questions you need to ask when you’re developing your idea
- Why you need to sell your product before you create it
- How to go small to make sales
- The two sides of automating your business
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