Passive incomes Vs Inflation... Monetize your talents now!
Everything is always more expensive than yesterday, and even when we save, cut expenses and constantly looking for good investments… that inflation is haunting us, is hard to keep up with it, but maybe there’s another tool we are overlooking that can help us in the battle.
Maybe what we need is more income… Have you heard of passive incomes?
Imagine periodically receiving money for something you did in your past… well imagine no further, passive incomes are just that, money you receive for work you did before.
Of course, if you are not aware of passive income, there’s probably no work in your past making money for your, but perhaps you’ve earned a talent that you haven’t exploited yet, or in the new millennia way of saying it, you haven’t “monetized it yet”.
So, its time to work that talent out, think well about any musical, theatre, conversational, writing, arts or crafts you may have learned in your past, and bring it back to life to generate you some earnings, also, if you are specialized in anything, perhaps you can give classes for a buck or two.
Depending in your talent, there’s a platform to share your talented work, so check the next options, and decide in which one your going to ‘upload’ your next masterpiece to, and follow the instructions in their sites to do so.
Do-re-mi-fa-so is music your thing?
Provide your music in a digital catalog so that movie producers, tv editors, advertisement makers, videogames programmers or any other industry worker that likes your material can use… and pay for it.
TuneCore
You can register your composition in more than 60 countries around the world and, the best part of it is: you get to keep your copyrights.
Premium Beat
If you own all your composition rights, you can have world exposure thanks to this platform, check out for more details in their website.
One more strike over here and maybe is art what you like the most
No matter if you do it as a hobby, if you studied graphic design or not, you can share your creations, for a price, and get some money on your way (you may already have something in your computer to show the world).
Canva
This web, desktop or mobile app is a great tool for entrepreneurs everywhere, but as a graphic designer is also a great way to sell your creations for a price, photos, templates and even videos are sold through their catalogs available for anyone who uses it. More than 55 million users in 179 countries are ready using this app every day, and every time they decide on your work, you’ll get a percentage of their purchase.
Adobe Stock
Just like Canvas, your content can be sold through Adobe Stock, keep your copyrights and get 33% of royalties.
Shutterstock
Every time someone downloads your content (images, videos, or vectors) you get paid, this platform is available in 150 different countries.
Send your knowledge across the world
Perhaps you are some kind of nerd in specific issues, well maybe there is someone eager to learn about it, thanks to many platforms today you are able to broadcast that knowledge and coordinate a class for it to multiply across the universe… well, the digital universe at least.
Udemy
Upload your courses and gain some money. If students use your referred link or use a coupon of yours, you’ll get up to 97% of the sales, if they do it through their platform you still get 37% of the income.
Tutellus
Record your own classes and earn for them. Tutellus helps you promote them, and you’ll get 70% of the earnings.
Domestika
The biggest community and network of creative experts. Take profit of your artistic knowledge, you only need to send your course proposal and once they’ve approve it, they take charge of the rest.
The soul of a poet may bring you dough
It can take you as long as you’d like, write an article or a book, keep a blog, if you use right tools you can make some profit out of it, then again, some won’t make you a dime so be wise to look into the details of your endeavor… however, here are some options for you to make money out of it.
Kindle Direct Publishing
There’s no need to sign exclusives with a big editorial house for your book. You can publish your ebook all by yourself and get to keep 70% of the royalties over sales.
Monetize your blog
Writing about life, kitchen, business, traveling or why the sky is blue, maybe a great way to relax for you, well, it may be time to allow the rest of the world to know about your point of view, write it in a public blog and ear money from it. It may take a little bit longer to see some money, because you’ll need to grow an audience, but once you’re there, you are set my friend.
- Content targeting advertising service can be a good idea, you only need to register and put their announcement on it, is not the biggest business at first, but it can grow, with Google AdSense, for instance, you will be making anywhere between $0.30 to $2 per thousand views.
- Traditional advertisements, the difference between traditional and content targeting is big, even though the advertisements seem very similar, although you get the whole 100% of the investment (taxes aside), you also have to the 100% of the advertisement sales, so you can charge anything between $5 or millions of dollars, depending on how big your audience is (or how rich your network is).
- You can sell merch, your own, your friends or a business partner, you can either ask your audience to contact you directly or set an online store on your website.
- Product placement advertisements can also be a good profitable way to monetize your blog, once your audience is big enough, many companies maybe interested in affiliating your content to their labels.
Lights, camera, action!
Maybe you were made to be a star, with no doubt the cameras are waiting for you, perhaps you can be a comedian or an interviewer, an actor or a cook, or even an expert on tech or home improvements, no matter what’s your expertise, the video format can be the way to go. So checkout the following options for you:
Videoblog
With the same options as your blog, try it on a video format, the good part is you can use the same content and try other platforms to gain more money, YouTube is great for longer videos while, Instagram and TikTok are excellent for short ones; and the three of them combined can help you grow your audience in a shorter period of time.
YouTube
At the beginning it won’t make you any money, you’ll need at least 1,000 subscribers, and more than 4,000 watch in the last year to be eligible to generate earnings from the YouTube Partner Program (YPP), after that you can make profit through the video ads in your content, gifts from your subscribers, YouTube Premium subscribers, and other schemes, such as selling merch.
The beat of your heart goes round and round? Fiverr can keep up
If your talents have no limits, and you know your way through many disciplines, maybe it will be helpful to use a multiformat platform that let's you sell work of the following crafts:
- Designer
- Developer
- Writer
- Video Editor
- Musician
- Voiceover Artist
- Social MediMarketer