Making Money Out of Anything… Anything!
The first thing you have to realize when you are trying to develop the confidence to make money out of anything is this – You CAN make money out of anything!
But what is this ‘anything’ is the question we are talking about. It could be a product that you have invented. If it has a utility (a use) – and sometimes, even if it doesn’t – you can make money out of it. Or, it could be a product you have obtained from someone else and are now authorized to make money out of. Or, it could be a talent that you have. It could be simply your knowledge or some special know how about a particular subject or item.
Even people who think they have nothing in their life to expand on, have a lot of things they can make money out of. No one is wasting space here. It is a great time to pull out the pen and paper and write all of the things you do that you love doing, all of the hobby’s you have and what subjects in life interest you enough to research further? It really is not hard to come up with a project or two that can get you started!
Law of Attraction
Before plunging headlong into discussions about how you can do this, let us speak about something very, very positive. The Law of Attraction. This law has gripped the world by storm and it is very much poignant to our topic of discussion. In a nutshell, the law says that – When you think about something very strongly, the whole universe aligns itself to fulfill your desire. Yes, the law states that thoughts bring results. It speaks about the energy of the mind, which can actually make things happen.
This is quite a true law, and people who have stated that the law is nonsense and doesn’t work for them started with disbelief in the first place. If you want the law to work, you have to put your full faith in it. Think solely about your objective. Think about what you want. Think without flinching or hesitating. Slowly, things will start happening. When you think so deeply, you are bound to take actions in that direction. Everything that you do will be toward achieving that single goal. Naturally, things are going to start working out. Your deep, unwavering thoughts will bring you closer to the fulfillment of your desires.
Even when you are planning to monetize something, you have to put this law into action. Never for a moment must you think that there is no money in this. In fact, don’t think in monetary terms, think of the larger picture. The money comes in as an aside. When you put in your efforts whole-heartedly, it doesn’t take time for you to be rewarded monetarily anyway.
The Name of the Game
If you conduct some research on the Internet for what monetization actually means, you will be thrown up with a lot of definitions. Actually, monetization is an umbrella term for a lot of assorted things, but in a much generalized manner, we can say that monetization means making money out of things that people don’t usually consider money-worthy. For example, if you have an old collection of Archie’s Comics from your dad or your uncle and you are able to sell them for a tidy sum, you have monetized the collection.
Monetization means making money out of ordinary things, in unexpected ways.
It is quite easily understandable why people are going all out trying to monetize everything that is in their sight. Or, even out of sight. People are making money out of special talents that they have. If you have a special talent for math and are using it to tutor the neighbor’s kid for money, you are monetizing your talent. If you are writing a piece of content and selling it to someone, you are monetizing your flair for writing.
We are all very conscious of monetizing, but have probably never done it in an organized manner. Our occupations pay us, and we are usually content with what we get and don’t try to stick our necks out much. However, it is essential to know that there are several other things that we can make money out of. If we play our cards well, we can actually generate streams of passive income through things we set up once and enjoy the influx of money for our lifetime. That would be something like royalties on your products.
Monetization refers to what you can make money out of, over and above your usual profession. It is about your attempt, not the product’s worth. It is about how you understand a particular thing or talent is monetizable and then how you go about it.
Here, we are going to see various methods in which you can build streams of income for yourself, out of things that you never felt you could make money from. Visit how we set up a money making business here.