Solopreneurship is a goldmine for monetizing expertise, experience, and stories.
I’m talking about leveraging your skills and life stories, and turning it into a cash-generating machine.
Let me share with you some ways I do this as a solopreneur:
• Selling courses
• Affiliate marketing
• Marketing services
• One-on-one consult calls
These are just a few ways I cash in on my knowledge and skills.
And let me tell you…
It’s a lucrative endeavor.
Let me show you:
Coaching may not be my biggest money-maker, but it still brings in a cool $10,000 to $20,000 every month.
I love teaching people how to do what I do – selling, content creation, idea structuring – and they love learning from me.
Selling courses may not be as profitable as other ventures, but it’s a steady $5,000 to $10,000 a month.
I don’t promote or launch courses as often as I did before.
The best part?
I’m not selling my time, but rather my knowledge.
It’s a fantastic way for people to monetize their expertise.
Affiliate marketing is another way I cash in.
It may not be my go-to, but it’s a nice bonus when I get an email about an affiliate sale.
For instance, I promote a fat loss guide created by my friend and previous client, Alex Feinberg.
I loved it so much that I asked for a cut of the profits in exchange for promoting it, and now I get a little extra cash from each sale.
And all I did was write a short blog posts about the benefits I got from his guide.
Then there’s my marketing services, where I rake in a hefty $30,000 to $50,000 a month.
I’m the strategist, managing a team of freelancers who handle the nitty-gritty of copywriting, landing pages, and graphic design.
This frees up my time to think and grow my business partnerships with clients.
One-on-one consult calls
Lastly, there’s the one-on-one consult calls
While similar to coaching, they’re not quite the same.
Coaching is long-term and structured, while consult calls provide quick clarity.
Plus, they often lead to clients.
Just take Jason, who paid me $500 for a call before becoming a coaching client and dropping $20,000 on my services.
So, there you have it.
Solopreneurship is a treasure trove of opportunities to monetize your brand and expertise.
As a solopreneur, I’ve found multiple ways to cash in on my skills and knowledge, and I’m always on the lookout for more.
The only question is, how will you monetize your expertise?
PS: I woke up to these notifications today. Let me show you how. Click here to get my course, Digital Launch.