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How to Monetize Your Passion

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https://www.lifehack.org/articles/money/how-monetize-your-passion.html

lifehack.org

How to Monetize Your Passion
Whether you're five or ninety five, the internet has a lot to offer. Particularly when the topic is education, the resources on the internet are endless. Best of all, many high quality sites are completely free. From history to coding, excellent free online education awaits on the following 25 sites.

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Monetization is the *final* phase of a project

Monetization is the last thing that happens in the whole creation cycle. All the work has to be done upfront though. And even if you have cash, all of this needs to happen without even a min...

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Be Clear On Your Passion

Your passion is what you want to spend your time doing and not some random vision written on a blackboard in the sky that you somehow need to “discover”.  

Ask your...

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Align Your Passion With Your Skills

If you pick your industry based only on how much money you think you can make, then you can expect to always be chasing the money.

If you take the time to align your day-to-da...

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Find A Market

Work out what their biggest pain is.

Again, most people do this the wrong way. They think “who is most likely to pay me the money”, and even if they aren’t in the market they want to w...

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Tailor What You Offer

Think of a character that represents the people you want to work with (your avatar) and design your offering for just that person. Give them a name, and describe every detail of ...

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Work A Marketing Plan

Create a plan around how you are going to connect with them.

Create a database of people you can email (or snail mail) and build up a relationship with them. This is your ...

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What Are You Going To Do About It?

Never leave the scene of learning something new without taking a new action. It’s time for you to declare which action step you’re going to put some attention onto and why...

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SIMILAR ARTICLES & IDEAS:

Easy and Convenient

Easy and Convenient

Online learning gives us a choice and is a flexible virtual approach to learning, but it is not easier or faster, and one still has to learn. It is convenient due to zero commute time, no parking ...

Online Vs Physical Books

Are online books as good as physical books in terms of reading?

Reading on paper (physical books) is slightly better than online, but it comes down to personal preferences. In most cases, students have a choice.

The Cost Disparity

Online course development is a relatively new learning technique, and regular brick and mortar universities did not traditionally have any resources allocated in their operating budget. 

Over time, this cost disparity may fade away as online learning becomes a regular part of the budget, and initial capital costs are normalized.

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Real To Virtual

Due to the global pandemic, there is a shift towards Digital. Worldwide events, once attracting gatherings of thousands, are either being canceled or have gone virtual. This impact is subs...

Going Digital: Benefits

  • Online training has certain toolsets of evaluation, recording, and sophisticated analysis of attendance, feedback, and even emotions, which was never possible in an actual classroom.
  • Course materials can be downloaded instantly, as opposed to printing and shipping books every semester, reducing costs and environmental impact. The content is also updated easily and can be scaled at minimal costs.
  • As information is real-time, many complex, time-sensitive models of learning can be developed, the speed of which could never be a reality in traditional methods of learning.

Convergence

A convergence of virtual models with physical aspects of learning can help us with innovative solutions to existing problems in numerous sectors. 

Technology is now poised to provide better healthcare, education, and other services to everyone in an affordable and ultra-efficient system.

Dr. Seuss

It is better to know how to learn than to know.

Dr. Seuss

False Beliefs About Self-Education

Despite having easy access to information, few people take full advantage of the opportunity we have for self-directed learning.

We still believe that in order to learn something, we need to be formally educated on it, when in fact we're able to educate ourselves.

Self-Education In The 21st Century

Self-education is the core skill for the 21st century.

Our ability to respond to changes in the landscape of work and technology will be dictated by how skilled self-educators we are, how well we can take full advantage of the information available to us to grow our skillset.

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