Can knowledge commerce become a viable small business? Before the days of the internet and other types of technology, if you wanted to turn your knowledge of something into a career you had limited options. You could be a teacher, a writer, or a documentary filmmaker. That was pretty much it. These days thanks to the breadth of technology we have available at our fingertips, almost anyone can become an infopreneur and turn their knowledge into a thriving small business.
Monetizing educational content is nothing new. YouTube has been helping people monetize various forms of content for several years, but new regulations prevent those with a limited following from monetizing their content. It’s one thing to do it as a hobby, but you don’t have to work for free if you don’t want to.
Becoming an infopreneur is more like being a consultant, only your consulting work isn’t limited to one client at a time. You can set up courses with work and feedback to ensure the people wanting to get your expertise have a way to do so while knowing they are reaching a certain level of mastery rather than just making YouTube videos and hoping for the best. And the best part is that you can sell the same course work over and over instead of starting over from the bottom every time you have a consultation client.
Is knowledge commerce the next frontier for digital work? Becoming an infopreneur may be an attractive option for people wanting to build a reputation as a subject matter expert but who don’t quite know how to monetize their knowledge. It can bridge the gap between subject matter experts and those wanting to learn in a way that is not dependent on geography. Learn more about knowledge commerce and becoming an infopreneur from this infographic.
Infographic Courtesy of Kajabi