prabha_friend
Prabhakaran Karuppaih
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Yeah. I know I know only little but still..,
I want to convert all my knowledge into money. where to start?
- Thread starter prabha_friend
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Start by realizing that knowledge is totally useless unless you actually DO something with it.
When you invest money, the investment agency uses that money, or in other words, the money moves. You get a return on investment because the money moved, it wasn't stationary. Things were done using that money.
Knowledge is similar. If you have knowledge but don't do anything with it, it earns nothing. There are theories of economics (not necessarily agreed by all) that value is gained only through labor, through the utility of what you do. Converting your knowledge into money is simply finding a situation where someone will pay you for what you can do for that someone because of your knowledge.
My uncle Maurice told me many years ago that I needed to decide what I liked to do, then learn how to do that well and find someone who would pay for that enthusiasm and knowledge. Decide what you REALLY like and then explore how to profit from that. Easy to say... though I know it is also hard to actually do.
There is an Americanism that relates to this concept. "If you're so smart, why ain't you rich?"
When you invest money, the investment agency uses that money, or in other words, the money moves. You get a return on investment because the money moved, it wasn't stationary. Things were done using that money.
Knowledge is similar. If you have knowledge but don't do anything with it, it earns nothing. There are theories of economics (not necessarily agreed by all) that value is gained only through labor, through the utility of what you do. Converting your knowledge into money is simply finding a situation where someone will pay you for what you can do for that someone because of your knowledge.
My uncle Maurice told me many years ago that I needed to decide what I liked to do, then learn how to do that well and find someone who would pay for that enthusiasm and knowledge. Decide what you REALLY like and then explore how to profit from that. Easy to say... though I know it is also hard to actually do.
There is an Americanism that relates to this concept. "If you're so smart, why ain't you rich?"
Isaac
Lifelong Learner
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Yeah, realize that your knowledge now needs a new category of knowledge :: the How-to market your abilities.
Cease learning other stuff for a bit in exchange for putting all your effort into learning that category.
Side hustles are awesome! Start learning something about something you think you might enjoy marketing to the world.
You know that you really like a subject when you find out you enjoy teaching it to others!
Good luck Prabhakaran, may God be with you!
Cease learning other stuff for a bit in exchange for putting all your effort into learning that category.
Side hustles are awesome! Start learning something about something you think you might enjoy marketing to the world.
You know that you really like a subject when you find out you enjoy teaching it to others!
Good luck Prabhakaran, may God be with you!
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