Make Money Doing What You Do

Can you make money outside of your day job?

Can you make more money on the side than you do on the job?

I am always amazed at the number of people who act as if they have nothing to offer to the world outside of getting a job. In fact, people making over $100,000 per year often tell me the idea of making $1000 outside of a paycheck is hard for them to imagine.

Source: stacyloliver.com

Which one are you?

• I want to quit my job and do something I love.
• I love my job, but I want to increase my income to get more financial security.
• I make plenty of money and cannot spend it all (in this case, do not read further!).

Do you say “But what can I do to make money?”

What can you do to earn more money?

To answer this, look to what you know.

What do you do well?

What do others ask your advice or help with?

What do you enjoy doing?

Next, develop a product that teaches people or shows people how to do what you love to do.

Sounds simple enough I know, but hard in reality to figure out. In my next few posts, we will explore this more fully!

What kind of products can I sell? 

Do you realize people spend over $1 billion per year in information product? How to books, videos, ebooks, audios, etc. What keeps you from being the expert in your area? In fact, I bet others already recognize you as an expert.

Here are some examples of how people sell their expertise.

1. Books –  one of the oldest forms of information products.
2. E-books – a not-so-new mechanism to deliver information  These do not require as much work and can be anything from a few pages stapled together to a fancy electronic PDF book with bookmarks.
3. Audio – Very popular now as we consume more information by listening.
4. Video – YouTube now has more searches than regular search engines. Why? Partly because when we want to know how to do something, we want to be shown.
5. In person – Helping people one-on-one is often called coaching. While we all know about athletic coaching, and many of you have heard about executive or career coaching, coaches come in many forms. I have seen speach coaches, diabetic coaches, organizational coaches, etc. Whatever your expertise need, you can find (or be) an expert.

So what are your areas of expertise? According to Dan Miller, if you have read three+ books in an area you are an expert.