- Education and Science
How to turn your passion to profit and make loads of money
How many times have you heard that you can turn your passion into profit and be paid doing it? Or that knowledge is power because you seem to have insight into one area of knowledge and could probably have influence ; maybe, financial by exploiting such knowledge. Either way both propositions are true only if you've developed your senses to proactively position yourself in such a way that people will see the benefit of such knowledge, skill, talent or gift and pay you for it.
It means that you have to decide to seek for opportunities or create one so as to showcase what you're capable of doing. You have to train yourself in the skills of problem solving, business, leadership as well as marketing; the ability to create ideas that could be turned into products or services. The amount of sale you'll make will depend on the number of people that will find your product or services valuable, therefore you need to know where to find them and possibly develop a network. So you have to be clear who your customers are and where you'll find them as well understanding their wants, needs and their aspirations. This intelligence is important so as to enable you tailor your design to their value and not what you want.
Let me give you an example. Say you are knowledgeable in on topic and also you have the ability to write. The first question would be:
How can I turn this passion of reading and writing to profit so that I can be paid doing it? You have to generate as many answers as possible. Assuming one of the answers is to write an e-book. You need to decide on a topic and why you should write on this topic. Remember, you need to research the topic and find out the target audience you want to target. This is called the niche market. The idea here is that you have to narrow your interest as per the market that you want to target.
The next question is how to create this product. This is the difficult part but it requires that you have to transform the intangible idea or tacit knowledge in your mind or head into a tangible form. This is ideally in form of the representational system. What people can see, hear touch, taste or smell. This is has to do with what will tangibly appeal to their senses - creation of value (experientially speaking); on part of the customer. It is the ability to create the product or service in question by marrying the world of imagination and reality. You have to be courageous in this pursuit because if you don't believe in yourself or idea no body will. You need to think in terns of the benefit of your idea, product or service to your customers.
The ability to satisfy one customer determines whether you'll profit from the idea. Peradventure you have a lot of customers who appreciate your product or service and they are willing to exchange their money for product as a score card for what you've produce, then you're in business.
In a nutshell, it demands your ability to provide people with the solution to their problem and creating the environment to enable them achieve this need, This requires leadership and business skills. You can as well find those who have done what you want to do and learn from their experiences.
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