The Download: 5 Daily Prompts To Help You Identify Your Online Business To Create And Curate A Life That Works For You.

Day 4:
How should I package and monetize this knowledge?

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Good morning, my budding Solopreneur! This is day 4 of 5 Daily Prompts To Help You Identify Your Online Business and Create And Curate A Life That Works For You.

I took a sending pause yesterday to celebrate Independence Day. Rest assured, I still took my daily 20 minutes to reflect, brainstorm, and plan for the goals I have set for myself and my business.

(Yes, even as I'm off being a softball mom at a tournament 2 hours away from home. And yes, they kicked off the actual tournament on the 4th of July! 'MERICA! 🇺🇸)

Ok, back to the prompt du jour...

Prompt 4: How should I package and monetize this knowledge?

There are so many ways to go about this; it can feel overwhelming. Read through these options, and don't let the fear of the unknown get in your way.

As a solopreneur, I often build as I go and learn a hell of a lot along the way. That's why I'm laying it all out it here these days. There is always someone willing to share what they learned at any stage of the game.

So here are a few different ways you can package and sell what you know. Read through them and ask yourself these questions about each one:

• How much time do I have to invest in this business?
• What questions do I have to further execute on this option?

1:1 Coaching

Yes, it involves trading time for money. However, the insights you gain from tailoring your teaching to an individual’s needs are invaluable for scaling your business into a passive income generator.

Teach a Cohort

To efficiently broaden your impact, consider coaching small groups within a cohort. This approach allows you to generate significant income while addressing industry-specific challenges.

E-Books and Digital Products

In today’s digital age, self-publishing is incredibly accessible. It allows you to instantly share your knowledge with eager learners. Creating e-books, guides, and other digital products establishes your authority in your vertical and serves as a lucrative avenue for income generation. Embrace the convenience of instant accessibility and position yourself as a trusted expert by creating and selling valuable digital content.

On-Demand Courses

An on-demand course with lifetime access becomes a premium product, justifying a higher price point. The online format also offers the advantage of continuous updates, allowing you to enhance the course with new information as your industry evolves.

Content Subscriptions

Platforms like Patreon and BrandArmy allow you to keep your expertise behind a paywall for paid subscribers only. Think OnlyFans but for creators! (I’ll admit, I have been tempted to sell feet pics more than once after reading a few case studies on the platform. 😏)

Curious to learn more about any of the above?

I'm opening a few office hours in the upcoming weeks. If you get stuck on any of these prompts and want answers to the best platforms, tactics, tips, and tricks to execute any of them, please feel free to book some time to pick my brain!

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Let's Be Social I share a lot on my social platforms about how I left my 9-5 and built a business with multiple income streams in an effort to control my career narrative and calendar and obliterate the salary cap. Connect with me across my platforms, and let's do it together.