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Sell Your Knowledge on the Side

Sell Your Knowledge on the Side

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    Having a side line of income can come in handy — but not everyone is in a position to set up a full-fledged business or even take on freelance projects. That doesn’t mean that there aren’t any opportunities to make some money on the side. If you’re knowledgeable about a specific area, you can sell your know-how, rather than selling your time. You’ll still need a little time, of course, but there are several ways to come up with ways to make a little money within your time constraints.

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    1. Write an ebook or white paper

    You can turn your knowledge and experiences into a document on your own schedule. While it does take an investment of some serious time to translate an ebook into serious earnings, you can start selling your work through sites like Scribd almost immediately. Your vendor will certainly take a cut, but the publication process is easier and faster than for print. There are also simple ways to up the likelihood of earning some good money: even something as basic as laying your document out in something besides Microsoft Word can give you an immediate boost. As far as topics go, how-to guides tend to do well, as do papers that address current issues in most fields.

    2. Offer a seminar or class

    While seminars and classes are generally a little more time-sensitive than projects that don’t require you to interact with other people, there are a long list of ways to make them a little more flexible. One of the most basic is picking a time and date for the class that works with your schedule and then taking care of planning and other details when ever it’s more convenient for you. Another option is offering a class online, even by email if that’s what it takes. The biggest difficulty with selling slots in a class is that you have to have a good reason for prospective students to buy from you. If you aren’t a well-known expert in your field, you’re going to have to do some marketing to make sure that your class is full.

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    3. Tutor on your topic

    If you specialize in a topic that is taught in school — from kindergarten through grad school — tutoring is an option. You don’t even need to worry about trying to find local students: you can tutor online. That can make managing time easier, because you can work with students in different time zones so that you can better take advantage of your time. Sites like Tutorz, offer an opportunity to list yourself for a variety of subjects.

    4. Write for websites

    There are many websites that allow writers to post any number of articles and take a cut of the profits. You’re not going to get rich off of such articles, but there’s no problem if you need to write on an odd schedule — or even stop writing suddenly. You can write about pretty much any topic, although you’ll probably be able to write more often if you focus on a topic you already know well. There are thousands of such sites. HubPages and Triond are just two examples.

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    5. Provide advice or consulting

    You can offer your consulting services on your own online, but if you don’t have a lot of time to devote to the project, it may be better to offer your services through a site that connects experts with individuals looking for advice. There are quite a few out there: one example is LivePerson.com. It’s a pretty typical site. You post your information and then clients can hire you through the site. You decide on the time and date you’ll actually talk to clients.

    6. Answer questions

    The number of websites offering payment for answers to specialized questions seem to grow every day. SmallBizAdvice, for instance, offers payment for answers to questions about small businesses, for example. There are also plenty of sites with multiple topics, as well as sites specially for students to post questions they have with (or, more often, from) their homework, like Student of Fortune.

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    Selling your knowledge

    It’s worth noting that none of these approaches are exactly get rich quick schemes. In some cases, they may not even be get rich quick schemes. You have to have some knowledge worth sharing, although that list can be pretty long — you’d be surprised what some people are willing to pay for video game tips or basic technical support — and you have to be able to share it in a fashion that other people can understand relatively easily. If you can handle those requirements, though, selling your knowledge can be a good way to bring in a little extra money. It doesn’t hurt that there are plenty of websites and online services ready to handle much of the marketing and promotion, and let you focus on your own expertise. The pay goes down when you work through these sites, of course, but the amount of time you need to devote to finding clients and related aspects of being in business also goes down. It doesn’t hurt that being associated with a larger site also establishes your credentials a lot faster than you can if you aren’t already particularly well known.

    If you’ve worked with a website beyond the ones I’ve mentioned here, please note them in the comments — there really are thousands of websites providing similar options out there, and I only discussed a handful here.

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    Last Updated on January 2, 2019

    7 Steps For Making a New Year’s Resolution and Keeping It

    7 Steps For Making a New Year’s Resolution and Keeping It

    Are you keen to reinvent yourself this year? Or at least use the new year as a long overdue excuse to get rid of bad habits or pick up new ones?

    Yes, it’s that time of year again. The time of year when we feel as if we have to turn over a new leaf. The time when we misguidedly imagine that the arrival of a new year will magically provide the catalyst, motivation and persistence we need to reinvent ourselves.

    Traditionally, New Year’s Day is styled as the ideal time to kick start a new phase in your life and the time when you must make your all important new year’s resolution. Unfortunately, the beginning of the year is also one of the worst times to make a major change in your habits because it’s often a relatively stressful time, right in the middle of the party and vacation season.

    Don’t set yourself up for failure this year by vowing to make huge changes that will be hard to keep. Instead follow these seven steps for successfully making a new year’s resolution you can stick to for good.

    1. Just pick one thing

    If you want to change your life or your lifestyle don’t try to change the whole thing at once. It won’t work. Instead pick one area of your life to change to begin with.

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    Make it something concrete so you know exactly what change you’re planning to make. If you’re successful with the first change you can go ahead and make another change after a month or so. By making small changes one after the other, you still have the chance to be a whole new you at the end of the year and it’s a much more realistic way of doing it.

    Don’t pick a New Year’s resolution that’s bound to fail either, like running a marathon if you’re 40lbs overweight and get out of breath walking upstairs. If that’s the case resolve to walk every day. When you’ve got that habit down pat you can graduate to running in short bursts, constant running by March or April and a marathon at the end of the year. What’s the one habit you most want to change?

    2. Plan ahead

    To ensure success you need to research the change you’re making and plan ahead so you have the resources available when you need them. Here are a few things you should do to prepare and get all the systems in place ready to make your change.

    Read up on it – Go to the library and get books on the subject. Whether it’s quitting smoking, taking up running or yoga or becoming vegan there are books to help you prepare for it. Or use the Internet. If you do enough research you should even be looking forward to making the change.

    Plan for success – Get everything ready so things will run smoothly. If you’re taking up running make sure you have the trainers, clothes, hat, glasses, ipod loaded with energetic sounds at the ready. Then there can be no excuses.

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    3. Anticipate problems

    There will be problems so make a list of what they’ll be. If you think about it, you’ll be able to anticipate problems at certain times of the day, with specific people or in special situations. Once you’ve identified the times that will probably be hard work out ways to cope with them when they inevitably crop up.

    4. Pick a start date

    You don’t have to make these changes on New Year’s Day. That’s the conventional wisdom, but if you truly want to make changes then pick a day when you know you’ll be well-rested, enthusiastic and surrounded by positive people. I’ll be waiting until my kids go back to school in February.

    Sometimes picking a date doesn’t work. It’s better to wait until your whole mind and body are fully ready to take on the challenge. You’ll know when it is when the time comes.

    5. Go for it

    On the big day go for it 100%. Make a commitment and write it down on a card. You just need one short phrase you can carry in your wallet. Or keep it in your car, by your bed and on your bathroom mirror too for an extra dose of positive reinforcement.

    Your commitment card will say something like:

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    • I enjoy a clean, smoke-free life.
    • I stay calm and in control even under times of stress.
    • I’m committed to learning how to run my own business.
    • I meditate daily.

    6. Accept failure

    If you do fail and sneak a cigarette, miss a walk or shout at the kids one morning don’t hate yourself for it. Make a note of the triggers that caused this set back and vow to learn a lesson from them.

    If you know that alcohol makes you crave cigarettes and oversleep the next day cut back on it. If you know the morning rush before school makes you shout then get up earlier or prepare things the night before to make it easier on you.

    Perseverance is the key to success. Try again, keep trying and you will succeed.

    7. Plan rewards

    Small rewards are great encouragement to keep you going during the hardest first days. After that you can probably reward yourself once a week with a magazine, a long-distance call to a supportive friend, a siesta, a trip to the movies or whatever makes you tick.

    Later you can change the rewards to monthly and then at the end of the year you can pick an anniversary reward. Something that you’ll look forward to. You deserve it and you’ll have earned it.

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    Whatever your plans and goals are for this year, I’d do wish you luck with them but remember, it’s your life and you make your own luck.

    Decide what you want to do this year, plan how to get it and go for it. I’ll definitely be cheering you on.

    Are you planning to make a New Year’s resolution? What is it and is it something you’ve tried to do before or something new?

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