Valerie Young on turning your interests into income
Career change coach Valerie Young leads ChangingCourse, providing resources to help people “discover their life mission and live it.”
In her article A Little Knowledge Can Go a Long Way: How to Generate a Steady Cash Flow Using What You Already Know, she writes about examples of entrepreneurs “tapping into the best capital there is – their own intellectual capital” by using subscription programs.
“Training others to do what you do is a great way to ‘monetize’ your knowledge and experience. But it’s not the only way.
“There are lots of different ways to ‘package’ and sell what you know – teaching on- or off-line classes, getting your own syndicated radio show, writing a book and so on.”
Young mentions another form of business: “But there is another lesser-known way to turn your interests into income… ‘continuity’ or ‘subscription’ programs. Not too long ago Ryan Lee was struggling to get by as a physical education teacher in the Bronx. Today he runs 48 different membership sites – all in the health, fitness, and sports training field – and by all accounts Ryan is a millionaire.”
Visit ChangingCourse to learn more about the many workshops and other resources available to help you live your dreams in a career or as an entrepreneur.
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