How Intelligent Creators Will Make Money In 2024 (The Build Teach Earn Method)
Dec 3, 2023
auto_awesome
Exploring the future of work in the creator economy, the podcast highlights the profitability and growth potential of being a creator. It emphasizes the value of content creation, building a massive audience, and going broad to create a niche. The Build Teach Earn method is discussed as a way to make money as a creator. Monetizing expertise through long-form posts and services is also explored, along with the importance of continual product innovation and sales for business growth.
Content creation is a powerful tool for attracting and retaining an audience by crafting relatable topics, impactful ideas, novel perspectives, and effective writing structure.
The build, teach, earn method provides a pathway to financial independence by developing high-value skills, creating and selling products or services, and building an audience through teaching and achieving results.
Deep dives
The Future of Work and the Creator Economy
The industrial age created traditional jobs, but with the information age, new and more profitable jobs are emerging. The creator economy, where everyone can be a content creator, is projected to double in size over the next five years. Employers are increasingly hiring creators, and creators are building their personal brands as their public resumes or portfolios. Content creation is seen as a way to solve real problems by leveraging personal experiences, and it allows individuals to pursue self-actualization and transcendence. Content creation is about being human and embracing the gift of creativity and problem-solving.
Writing Impactful Content
To create content that attracts people, it is essential to pick a side and express firm beliefs. Impactful ideas engage readers and occupy their attention even when they're not consuming the content. By providing a unique and polarizing perspective, creators can create content that resonates and encourages positive behavior change. Writing structure, such as using line breaks and lists, enhances readability and increases engagement. Crafting content with relatable topics, impactful ideas, novel perspectives, and effective writing structure helps creators attract and retain an audience.
Content Creation and Product Development
Content creation is a powerful tool to attract people to products or services. Creating a product or service that solves a specific problem in someone's life is essential for monetization. Teaching and enhancing one's own learning through content creation can build authority and trust with an audience. As creators build an audience, they can begin selling their products or services, leveraging the trust they have gained over time. By constantly refining their product offerings and launching new ideas, creators can drive growth and profitability.
The Path to Becoming an Independent Earner
The build, teach, earn method offers a pathway to becoming an independent thinker and earner. Developing high-value skills, creating and selling products or services, and building an audience are fundamental steps in this method. By teaching what they have learned and achieving results, creators can establish authority and guide others. Ultimately, creators can earn more by leveraging their results and audience, and by productizing their expertise. This enables solopreneurs to scale their income and achieve financial independence.
Creators need to learn every "high-income" skill to succeed. If you are going to treat this as a business, you need the skill set to make a business work. The beautiful thing about the internet is that you can learn and practice these skills faster than ever.
This podcast was originally a YouTube video, you can watch that video here: https://youtu.be/fY7B5ZermSw