I have talked about monetising the knowledge and skills you have many times before.
There is a reason for that…
It’s a great way to make money.
Only today I came across a young chap who is making money trading sports on Betfair AND earning money showing others what he is doing.
It looks to me that he only started to share his knowledge in the last year.
I see a profitable future ahead of him.
He shares videos on YouTube which help people and has now set up a Patreon account where people pay him either £3 or £8.99 a month to learn sports trading using Betfair.
He currently has 15 paying subscribers on Patreon.
If all of those subscribers are paying £8.99, he would be earning £134.85 per month minus Patreon’s fees.
It’s not a huge amount… but I believe it will grow to several thousand per month due to the quality of the information he gives away for free on YouTube.
£8.99 a month is nothing if what you learn earns you hundreds or thousands of pounds back.
If he keeps adding new content to YouTube, he will attract a lot of followers which will in turn produce more Patreon subscribers.
His first video was added to YouTube eight months ago and I believe his Partreon account was started a month or two after that.
He currently has just under 2,000 subscribers on YouTube and his 21 videos have racked up an impressive 58,000 views between them.
If he is in the YouTube Partner Programme, he would also be generating an income from the advertising which is shown on and around the videos when they are viewed.
So as well as earning money from trading sports using Betfair, he is earning money from Patreon, possibly from YouTube and I wouldn’t be surprised if he was earning money from promoting Bet Angel, the software he uses for trading.
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This is a perfect example of making your skills and knowledge pay for themselves.
It would be interesting to see where he is in a year’s time. I see a profitable future ahead for him, but only if he carries on doing what he is doing now… creating and sharing new useful content.
Is there something that you do or know which you could profit from?
Is there anything which you can put into an eBook or a video which you can sell?
If there is… get it online in a fully automated passive income system so that people around the world can buy it from you at any time of the day.
Don’t leave it any longer.
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Kind Regards
John Harrison
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Here’s that link again: