You would most likely not pay enough attention to your talents and skills until you start getting responsibilities on your shoulder as you get older. While getting a good job is okay, it takes a moment of strandedness to open your eyes and see additional ways of making cool cash from things you know how to do.

A lot of people are already complaining bitterly about how the lockdown us affecting this jobs and businesses which is indirectly affecting their flow of income. The ugly truth of this lockdown is that, you tend to spend more money than you envisaged, hence the need to start looking for alternative ways of making money.

Making more money could likely solve a lot of your problems. 

Luckily, in the age of the internet, making extra money with your skill is incredibly easy if you know how to position yourself.

Here are 5 ways to monetize your skill:

1. Create a Product.

One of the easiest ways of monetizing your skill is creating a digital product that is easily accessible to your potential customers online without you having necessarily to be there.

Digital products are easy to distribute, significantly more sustainable, can be replicated infinitely, and are oftentimes simpler to create. 

This could be in form of short online courses splitted into modules, podcasts or e-books.

Something that can inform your audience without your physical efforts.

2. Offer A Service.

Asides from creating products, another way to monetize your skill is to offer a service you’re excellent in delivering.

All you have to do is ensure that you know the pain point of your clients and tailor your service in such a way that it perfectly suits their needs.

This would make see value in your service and be willing to pay for it. 

What service at you good at? Do your best to be updated about the latest trends of delivering it and show up.

Such services could be writing, coaching, web design or digital marketing.

Be conversant with the global tend and your environment to know what services to offer.

3. Create a Consulting Package.

This is another way of making money. You can leverage on the knowledge you’ve gained so far in a particular field and offer it to brands or businesses on how to upscale their game. 

Simply create a structure around what you do so that, you won’t be giving too much for a token or delivering something that is less valuable. 

4. Start a membership site.

One of the best ways to make money online us to have a community where you give value to people based on what you know and  you get paid for it.

This could be in form of a closed Facebook group, WhatsApp subscription group or any other that suits you.

It would be a paid class where people get paid to renew their membership. This could be weekly, monthly, quarterly or even yearly based payments. It all depends on what you want.

5. Create a DIY Solutions.

Everybody wants to become a pro in what they do, especially when it comes to culinary skills, beauty tips and the likes.

You can earn yourself a cool source of income by simply providing solutions to people’s problems. This could be in form of detailed articles or explainer videos.

There are many fields to explore on this; ranging from cooking, to natural hair, skin care tips and even some fashion hacks.

All these and more are several ways if making money from your skill.

What skill do you have and how do you think you can start monetizing it?

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