Chapter 3: Monetizing Your Core
Competencies
The best way to start your business off the right foot is to examine yourself and see what your best skills are. Here is a list of which business model you are able to excel with:
1•
Writing
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Graphics Design
•
Statistics
•
Programming
•
Networking
Monetizing Your Writing Skills
A writer is always in demand amongst Internet marketing circles. You will be able to monetize in the areas of ghostwriting, copywriting, blogging, article writing, newsletter publishing and content creation.
Contrary to what some people may assume, creating a written product is one of the most daunting tasks a person can undertake. Unless you have a flair for writing, nobody in their right mind will mass produce E-books (unless they are willing to make huge sacrifices for their financial goals).
Writers are also a great asset when it comes to product launches in Internet marketing. You will be able to find joint venture partners easily if you are willing to contribute your writing skills to the areas of writing sales letters, E-courses, and promo E-mails.
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Monetizing Your Graphics Designing Skills
Graphic designers are also very important within the Internet marketing niche. A graphic designer can easily earn a hundred dollars for good quality E-covers, blog banners and site graphics.
You can even sell the Photoshop PSD file by giving away the rights for someone to rebrand them on their own sites.
One of the reasons why a graphic designer (or artist) is always in demand is because graphics tend to sell themselves.
People DO judge a book by its cover and it is very important to tap into this psychological factor. It can make the difference between getting a sale and NOT getting a sale.
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