Entrepreneurship isn’t a hobby, it’s a business. And businesses need to make money. I know that most of us get REALLY uncomfortable when it comes to talking about money, but it’s a crucial part of being a successful entrepreneur.
You may have a clear vision on how your business will make money, and that’s great. But you may be missing new and different revenue streams. Or you may be in the beginning stages of business, and while you know what skills and value you bring to the table, you may not know the best way to turn those skills into a revenue stream. Wherever you are in your business, whether you’re 10 years or 10 days in, it’s important to regularly evaluate your revenue streams and determine the best ways to go about monetizing your product and services.
In today’s episode, I’m sharing 10 (yes 10!) different ways to monetize your skill sets. Some may be obvious while others, may feel new and innovative. My goal is to open you up to these different possibilities so you can determine which avenue is right for you.
Try one or try them all. If something doesn’t work, you can always change.
- Podcast episode: When is it time to close a revenue stream?
- What Works Network
- Media Relations Template Package
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Yvonne Marchese says
Just listened to 10 Ways to Monetize Your Skills. Thank you for so generously sharing your ideas and experience. I’m blown away and will be revisiting this episode as I move from one to one service to trying to scale on a many to many basis. Love it! Thank you!