Valerie Young on turning your interests into income
Career counselor 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.
“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.”
[Image from membershipsiteowner.com]
October 13th, 2007 at 5:47 am
It’s amazing what you can do when you finally decide to take a different path. I dropped by Valerie Young’s Web site and read how she managed to change her life and leave the old environment behind. But I’m curious to know how Ryan Lee got into the whole subscription program…