Using Tech To Become An Entrepreneur
By 2026, the global e-learning market is expected to hit $400 billion – how can you earn a piece of the pie?
How To Make More Money
Sell Your Knowledge to Earn Extra Income
Choose a topic you are knowledgeable about and target your audience with a few highly-practical tricks:
Write an eBook
Kindle Direct Publishing
Free tools for formatting, creating a cover, and promotion
Earn up to 70% royalties by publishing to Kindle readers
Barnes & Noble Press
Self-publish both electronically and in print
Earn up to 65% royalties by publishing to NOOK readers
Develop an App
BuildFire
Create a custom app for iOS & Android 一 No coding required
Or, hire a team to build, support, and sell your app idea
Zoho Creator
Drag-and-drop interface to build or customize existing apps
Integrates with payment gateways for easy monetization
Sell Your Designs
Etsy
Curate your own online shop where you can sell original goods
Listed items cost only $.20 and 5% of the cost when purchased
Redbubble
Upload your design and add to the site’s product templates
Built-in network of printers and shippers for hands-off selling
Adding a side job increases Americans’ monthly income by an average of 25%
Sharing your knowledge online can start as a side-hustle and can grow to become a full-time job in some cases
Start a Blog, Podcast, or YouTube Channel
Blog
1stWebDesigner
Learn from a professional web developer innovative and beginner processes
Subscribers: 50,000+
Podcast
The Tim Ferriss Show
Entrepreneur and author hosts famous names such as Arnold Swarzenegger for insight on their routines and personal development tips
Downloads: 400,000+
YouTube
Smart Passive Income
How-to videos on how to start your own business using podcasts, ebooks, and online marketing
Subscribers: 200,000+
Tips For Digital Side Hustles
Time Blocking
Give yourself structure by creating and sticking to a set schedule
Organize your work by grouping tasks together in blocks
8 AM-10 AM: Answer emails
11 AM-12 PM: Schedule posts
12:30 PM-1 PM: Lunch
1:30 PM-3 PM: Marketing
Create An Office Space
Have a designated workspace, whether it be in-home or in a coffee shop
Make sure your set up works for you to encourage the best productivity
Ergonomic computer set up
Decluttered space
Comfortable chair
Learn New Skills
Websites like edX and Alison offer free courses for any level of beginner
Some skills could improve your day job AND provide a side hustle
Coding
Copywriting
Web design
Use Your Knowledge To Build A Valuable Online Course
How To Start An Online Course
Find Your Niche:
“Know your audience and stay on topic. Get rid of the fluff. Once you know your purpose with your content… stick to teaching how they can achieve that result.” – John Lee Dumas, host of Entrepreneurs On Fire podcast
Test Your Product:
Give friends and family a demo and ask for their feedback
“Smoke test”: Start marketing to gauge interest among your audience
Find Tools for Success:
GumRoad
Make and sell content with built-in assistance
Add affiliates to expand your audience market
“Discover” feature recommends your products to customers
Link to Twitter, Facebook, Instagram, and more
Includes analytics to understand and grow your core audience
Skillshare
Create online video courses on any subject you’re passionate about
Students can access on mobile and go at their own pace
Connect with others through project-based learning
Teachers are paid per minute watched and students referred
Content is available to over 4 million students
Knowledge is money ─Cash in on your knowledge by creating valuable online learning materials
Sources:
https://www.bankrate.com/personal-finance/side-hustles-survey-june-2019/
https://www.theladders.com/career-advice/how-to-make-extra-money-from-home-with-skills-you-already-have
https://alison.com/
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https://www.etsy.com/sell
https://www.zoho.com/creator/?src=top-header
https://buildfire.com/
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