03/13/2018
[How To Monetize Your Skills]
You asked and we listened.
"Sid- how else can I monetize my education, skills, and experiences more effectively?"
I get asked this questions almost every single day.
The people asking me these questions are entrepreneurial-minded people who feel that they have not reached their full potential.
These are people with full-time jobs or those who already operate another business but want to monetize their education and experiences even more.
One of the best ways to monetize your education, skills or experiences, quickly, is to start a consulting firm.
A consulting firm:
(1) Has low setup costs
(2) Can have high-demand
(3) Is easy to scale
(4) Is easy to operate
(5) Can become profitable quickly
There are many advantages to starting a consulting firm, such as:
(1) A consulting firm allows you to share your knowledge and help people
(2) A consulting firm can be put together in about 30-days
(3) A consulting firm allows you to create an additional source of income
(4) A consulting firm can have products, services, programs & software
(5) A consulting firm helps you turn ideas and skills into revenue quickly
Sounds amazing, but how do you go about creating a consulting firm quickly?
I introduce to you: "Digitize. Publicize. Monetize."
A simple 3-Phased Approach to building a profitable consulting firm.
Phase 1: DIGITIZE:
"Go from idea to launch in 30-days"
Transform knowledge, skills, and ideas into consulting digital products and services in the first 30-days.
I'm talking about ideas, skills, education, experience, talents, and knowledge that you already possess. You are just digitizing it.
30-days is plenty of time to do that.
Week 1- Business Model:
Figure out the model, market, message and $ math
Week 2- Legal Model:
Figure out the business and legal structure, risks, etc.
Week 3- Marketing Model:
Create a website and marketing assets (Facebook & Google)
Week 4- Technology Model:
Integrate automation and technology
In the first 30-days, the focus is on LAUNCHING your firm.
It's about taking action.
It's about going for the kill.
It's about stepping out of your comfort zone and making things happen.
Phase 2: PUBLICIZE
Next, it's time to publicize your consulting firm.
In phase 1, you built out a social and digital campaign - which you will now launch. This will start filling the pipeline with leads quickly.
The idea is to perfect the social and digital game while exploring other marketing avenues like radio, print, podcast, video marketing, email marketing, workshop invitation and influencer marketing.
I will not get into the details of the publicity phase in this post because that's a whole different beast. It's one that is going to be perfected as your business grows.
Phase 3: MONETIZE
Here, the focus is on developing multiple revenue streams and conversion points so you can reach your full potential.
It involves creating intellectual property.
It involves entering into joint venture deals.
It involves expansion of your business nationally or internationally.
It involves writing books, hosting workshops and leading a community.
As you can imagine, phase 2 and phase 3 go hand-in-hand.
Everything starts with the first step - starting and launching.
Then you are committed to growing your firm. It will push you forward and help you step out of your comfort zone and market yourself.
----------- an example ----------
As an Intellectual Property Attorney, the process of "creating, protecting and monetizing" knowledge intrigues me.
Intellectual means you "mind" and property is something that can be "owned, traded, or given commercial value".
That's exactly what I've described above. Digitizing your knowledge, protecting it from all sides, and monetizing it in different ways.
Instead of talking about this process, I wanted to guide you these steps by actually creating a new consulting firm, digitizing my skills and knowledge, publicizing it to entrepreneurs, like you, and monetize it using a variety of different conversion points - products, services, workshops, speaking arrangements, joint venture partnerships, etc.
We are going to reveal everything we are doing so you can construct the consulting firm you have been thinking about, with us, alongside us.
If this post has ignited your spark and you are motivated to make this happen, I welcome you to take a look at our site:
>>> https://thinkbiggrowbigger.net
turn knowledge into revenue. START A CONSULTING FIRM SO YOU CAN USE YOUR KNOWLEDGE AND EXPERIENCE TO SOLVE REAL PROBLEMS THAT PEOPLE, YOUR PROSPECTIVE CLIENTS, ARE FACING RIGHT NOW. YOU HAVE A GIFT. WE ARE GOING TO HELP YOU DIGITIZE IT, PUBLICIZE IT AND MONETIZE IT. GO FROM ZERO TO LAUNCH IN 30 DAYS...