10 Ways to Get Paid to Do What You Love

Over the last few years, I’ve met hundreds of women all over the country who want to finally stop talking and start doing what it takes to build a business doing what they love. And what I’ve noticed is that many women in our community aren’t even aware of all the opportunities that are out there for them to create multiple streams of income based on their passion, skills, expertise and experience. So I wanted to give you a dose of inspiration and motivation that will help you build your business with less stress and more confidence.

As my gift to you, I’ve put together a summary of the 10 different streams of income you can create based on your passion, skills, expertise and experience. Now, these are not just theories or random ideas. These are all areas that I’ve actually made money in through both of my businesses over the last six years. I hope you find them helpful as you brainstorm strategies to earn more money in your business this year!

1. Freelancing

You can earn income through offering contracted services in a specific area such as photography, web/graphic design, personal styling, copywriting, editing, social media management or personal training. You can offer your services by the hour or in a package, depending on what you offer. As a freelance writer, I was paid a monthly fee for producing several articles per week for a career website.

2. Consulting

You can get paid generous fees for advising businesses, nonprofits, churches and government agencies in your area of expertise. Consultants typically provide key deliverables as part of a time-bound contract, which typically runs for a few months to a year. As a nonprofit consultant, I maintained two long-term contracts with organizations that borrowed my brain and my time for 10 hours per week.

3. Speaking

You can build a lucrative stream of income as a keynote speaker or workshop leader for conferences all around the world. It’s a great way to make a difference with your message AND get paid to travel at the same time! I’ve been a professional speaker since 2008, with more than 100 clients from New York to Nebraska who have paid me to teach, inspire and motivate their audiences. I suggest you start by speaking for free at local events and attracting paid gigs from there. 

4. Training

You can earn a good living as a trainer for the staff or members of businesses, associations, nonprofits, churches or government agencies. Training is usually done with a smaller group than you would speak for at a conference, which allows you go more in-depth with a 90-minute, half-day or full-day session on a specific learning goal. As a trainer, I’ve worked with staff to get them up to speed on social media, show them how to manage millennial employees and build their leadership skills in the workplace.

5. Coaching

You can help people all over the world through coaching in person, on the phone or via Skype. The five most popular areas are life, career, business, health and relationship coaching. Most coaches either charge by the hour or create packages of sessions to help clients reach their goals over a period of one month up to a year. As a life, career and business coach, I’ve helped clients change jobs, improve their lifestyle, switch careers and build businesses doing what they love.

6. Online classes, courses & programs

You can earn income by teaching what you know via teleseminars, webinars, homestudy programs and audio/video trainings. I’ve been teaching online classes since 2010 when I was still an adjunct professor in DC. What I found was that I could make a lot more money with my own courses than I ever would teaching part-time at a university! Once you establish yourself as an expert online, you can begin to offer opportunities for your tribe to learn from you. Setting up a blog and writing useful articles on a weekly basis would be a great way to start building your audience!

7. Physical products

You can add physical products to your business to earn additional income. Items like t-shirts, jewelry, mugs, purses, CDs and DVDs are becoming easier and easier to sell due to advanced online technology. You can post your items on Etsy or Ebay, then ship them out when you receive orders. I’ve sold branded Happy Black Woman t-shirts and mugs through Zazzle over the past year – people love giving them as gifts!

8. Books and ebooks

You can create another income stream by adding books to your business, in either paperback, PDF or Kindle format. I have self-published both a paperback and an ebook on PDF and Kindle. The process is relatively simple and the revenue potential is huge if you can build a following and a brand related to your book(s). The paperback book that I co-wrote back in 2010 is still producing passive income with sales on Amazon.com!

9. Blogging

You can earn money with your blog by participating in affiliate marketing or placing advertising on your site. I’ve been blogging since 2007 and I’ve seen several hundreds of dollars of advertising income come in on my best traffic months! The downside to this income opportunity is that you do have to post often and be getting a decent amount of traffic to your blog to really see some profit. So it’s not the best option for those just starting out, but the potential is huge for adding another income stream through your blog.

10. Live events

You can bring in additional income through hosting your own workshops, conferences and retreats. They can be local or national in scope from a three-hour workshop to a week-long retreat! I held my first paid event back in 2011 as a weekend career training intensive that brought 11 attendees from all over the country. If you have valuable knowledge, resources and tools to share, people will be  excited to come learn from you in person.

Last year, I brought in 30% more revenue than I did the year before, all because I had multiple streams of income coming into my business. I highly recommend that you implement at least one of these additional income streams so that you can grow your business and enjoy the freedom that comes along with being a successful entrepreneur!

About the Author:

Rosetta Thurman is a nationally-recognized author, speaker, mentor and coach dedicated to empowering women through personal development, leadership and entrepreneurship. She is the founder of Happy Black Woman, a supportive community that helps women create lives of happiness, success and freedom.

Rosetta teaches women, step-by-step, how to find their purpose, take action on their goals and build businesses doing what they love, all while becoming happier and more fulfilled. Rosetta’s clients and students value her “tough love” approach to helping them achieve powerful breakthroughs in their lives.

Rosetta is an avid traveler and currently resides in beautiful Honolulu, Hawaii. When she’s not writing or teaching, Rosetta enjoys good food, good music and a good mai tai. Preferably all at the same time!

Connect with Rosetta at the Unlimited You Weekend April 10-12, 2015. www.unlimited15.com