• Publisher’s Profile
  • Markets
  • Digital Store
  • Newsstand
  • Contact Us
Saturday, June 14, 2025
24 °c
Accra
25 ° Mon
25 ° Tue
25 ° Wed
25 ° Thu
My Story Magazine
Advertisement
ADVERTISEMENT
  • Home
  • Entrepreneurship
    • All
    • MSM ENTREPRENEUR OF THE DAY
    My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience

    My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience

    My Story Magazine Launches Its 18th Edition

    My Story Magazine Launches Its 18th Edition

    MY STORY MAGAZINE Launches 17th Edition Focused on Education and Leadership.

    MY STORY MAGAZINE Launches 17th Edition Focused on Education and Leadership.

    Download now – MY STORY MAGAZINE Launches 16th Edition Focused on Fundraising

    Download now – MY STORY MAGAZINE Launches 16th Edition Focused on Fundraising

    Download now – MY STORY MAGAZINE Launches 15th Edition

    Download now – MY STORY MAGAZINE Launches 15th Edition

    Trending Tags

    • Conferences & Events
      Hope in Full Bloom: Me Boafo Foundation’s Easter Fest Touch in Asamankese

      Hope in Full Bloom: Me Boafo Foundation’s Easter Fest Touch in Asamankese

      Ghana’s Ing. Justice Ohene-Akoto appointed Future Energy Leader at the World Energy Council

      WE NEED TO TAKE KEEN INTEREST IN PREDICTING FUTURE GLOBAL HAPPENINGS AND TRENDS- ING. JUSTICE OHENE-AKOTO

      MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

      MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

      The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

      The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

      GTIW:MESTI hails organizers of first-ever tech driven Event

      GTIW:MESTI hails organizers of first-ever tech driven Event

      Trending Tags

      • Newsstand
      • Digital Store
      • Contact Us
      No Result
      View All Result
      • Home
      • Entrepreneurship
        • All
        • MSM ENTREPRENEUR OF THE DAY
        My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience

        My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience

        My Story Magazine Launches Its 18th Edition

        My Story Magazine Launches Its 18th Edition

        MY STORY MAGAZINE Launches 17th Edition Focused on Education and Leadership.

        MY STORY MAGAZINE Launches 17th Edition Focused on Education and Leadership.

        Download now – MY STORY MAGAZINE Launches 16th Edition Focused on Fundraising

        Download now – MY STORY MAGAZINE Launches 16th Edition Focused on Fundraising

        Download now – MY STORY MAGAZINE Launches 15th Edition

        Download now – MY STORY MAGAZINE Launches 15th Edition

        Trending Tags

        • Conferences & Events
          Hope in Full Bloom: Me Boafo Foundation’s Easter Fest Touch in Asamankese

          Hope in Full Bloom: Me Boafo Foundation’s Easter Fest Touch in Asamankese

          Ghana’s Ing. Justice Ohene-Akoto appointed Future Energy Leader at the World Energy Council

          WE NEED TO TAKE KEEN INTEREST IN PREDICTING FUTURE GLOBAL HAPPENINGS AND TRENDS- ING. JUSTICE OHENE-AKOTO

          MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

          MY STORY MAGAZINE’s 12th Edition is out now! download your exclusive copy now

          The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

          The Africa Transformation Summit (Afritrans) 2022 ; A Daring African Project Set To Propel Transformation

          GTIW:MESTI hails organizers of first-ever tech driven Event

          GTIW:MESTI hails organizers of first-ever tech driven Event

          Trending Tags

          • Newsstand
          • Digital Store
          • Contact Us
          No Result
          View All Result
          My Story Magazine
          No Result
          View All Result
          Home Business

          How to Monetize Your Skills – Nana Akua Amofa

          My Story Magazine by My Story Magazine
          July 5, 2020
          in Business, Entrepreneurship
          Reading Time: 3 mins read
          1 0
          1
          0
          SHARES
          323
          VIEWS
          Share on FacebookShare on TwitterShare on WhatsApp

           

          Monetizing one’s skill is the new cool for many millennials and a major source of creating several streams of income. In order to monetize one’s skill, there are various steps to undertake.  

          1. Know Who You Are

          The first step to monetizing your skill is knowing who you are. By doing so, you will find what you love doing with ease. What’s that one thing you find less stressful to do? Is it creating design concepts, designing clothes for women to feel stylish, or helping SMEs to implement necessary structures? A helpful tip for discovering your passion is by asking these questions:• What do I live for?• What do people think I am passionate about?• What problems do people ask me to solve?

          2. Identify and Develop Your Skills

          Now that you have found what you love to do, how can you monetize your passion? Some skills are innate, while others are learnt over a period of time. No matter which skill you possess, you need to build it up. You become skilled at your craft by being consistent. We are a sum of what we do repeatedly. In order to monetize your passion, you must be good at what you do, and make a conscious effort to evolve in your offering when the trends change. People are looking for value and once you can create the value they need, you will be able to monetize your knowledge or craft. To hone your craft, several resources, such as online courses, YouTube videos, internships, and volunteering opportunities, may be helpful.

          3. Identify Your Audience

          The next step is to determine who your target market is. Does your skill solve a problem? If your skill solves the relevant needs of your target market, then you are on your way to monetizing it. People who need your solutions will be willing to pay for the services you render in order to solve their problems. Your product or service may be a relevant need for a big or niche market depending on what you provide. Knowing this will help you position your business strategically.

          4. Create relevant products

          So after you have developed your passion into a skill, what next? The next step is to find ways to monetize your knowledge. Apart from selling your product or service, you can also teach people what you know at a fee by organizing workshops, creating e-books, or teaching online courses. In Ghana, workshops and YouTube videos are two of the most popular products. You can start with the basics for growing a business in your field, such as starting a business, raising capital, and getting clients. Technology has provided unlimited ways in creating resources for people across the globe and various platforms to leverage on building your brand.

          5. Promote your hustle

          Recently, Will Smith shared one of the most profound pieces of advice. If we want people to buy into our vision, we must show them why they need to buy into our vision. We need to consistently put ourselves out there and show the world what we are good at doing. No one can advertise our products or services better than we do. People love aesthetics. Create relevant content and share. With time, people will notice what you have to offer.

          Once you find what you love doing and start creating value, there will be no compromise on what you offer.

          My Story Magazine

          My Story Magazine

          My Story Magazine is the one-stop platform for up-to-date trends and information on entrepreneurship and also on investment opportunities in Africa.

          Related Posts

          My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience
          Business

          My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience

          by Nana Akwasi Bonsu
          April 28, 2025
          “My Story Magazine 19th Edition dubbed; Legacy & Leadership – A Journey with Legends launched”
          Business

          “My Story Magazine 19th Edition dubbed; Legacy & Leadership – A Journey with Legends launched”

          by Nana Akwasi Bonsu
          February 25, 2025
          My Story Magazine Launches Its 18th Edition
          Digital Magazine

          My Story Magazine Launches Its 18th Edition

          by My Story Magazine
          December 18, 2024

          Browse by Category

          About MSM

          My Story Magazine

          MY STORY MAGAZINE is a platform for all African Entrepreneurs. One of our goals is to create opportunities for readers to go beyond the confines of the page and engage their ideas through the inspiration and motivation that will inextricably be embedded in our content.

          Trending on MSM

          • Taabea CEO Dr. Christian Kwasi Agyeman Featured in Landmark 20th Edition of My Story Magazine
          • Hope in Full Bloom: Me Boafo Foundation’s Easter Fest Touch in Asamankese
          • My Story Magazine Launches 20th Edition Celebrating African Entrepreneurship and Resilience
          • “My Story Magazine 19th Edition dubbed; Legacy & Leadership – A Journey with Legends launched”
          • My Story Magazine Launches Its 18th Edition
          • MY STORY MAGAZINE Launches 17th Edition Focused on Education and Leadership.

          Our Digital Store

          • MSM Issue No. 11 - The Beauty in Diversity ₵0
          • MSM Issue No. 10 - The Game Changers ₵0
          • MSM Issue No. 9 - Disruptive Edition ₵0
          • My Story Magazine - 8th Edition MSM Issue No. 8 - The Investor's Edition ₵0

          Wall of Honour

          © 2024 My Story Magazine // All Rights Reserved // Crafted by GET Systems.

          No Result
          View All Result
          • Home
          • Conferences & Events
          • Entrepreneurship
          • Newsstand
          • Digital Store
          • My Account
          • Contact Us

          © 2024 My Story Magazine // All Rights Reserved // Crafted by GET Systems.

          Welcome Back!

          Login to your account below

          Forgotten Password? Sign Up

          Create New Account!

          Fill the forms bellow to register

          All fields are required. Log In

          Retrieve your password

          Please enter your username or email address to reset your password.

          Log In
          Are you sure want to unlock this post?
          Unlock left : 0
          Are you sure want to cancel subscription?
          ×