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5 Steps to Turning Your Passion To Profits

Turn Your Passion To Profits

Surely you can’t be serious? Yes I am and don’t call me Shirley. People all over the world are earning a sizeable living from their passions now we’re living in the Information Age. Times have changed. It’s so much easier now to live the dream thanks to the Internet. I’ve done it myself – written a few ebooks in the men’s health and fitness niche and they’re selling. They may not be selling like hot cakes just yet but they’re selling. I’m just working on the marketing to up the sales. You can research your market so quickly nowadays and figure out whether demand is there. You can see what your competition is doing within minutes. Here are 5 steps to turning your passion to profits from Enrepreneur.com. 

5 Steps To Turning your Passion To Profits

1. Research Your Market

Knowing what the competition knows, won’t cut it, get deep. Dive in to your market and study like an expert.

2. Set a Tangible Financial Goal

I set new goals every 6 months and I always stretch my initial mark. Work backwards and figure out what you need to do each day, to get to where you want to be.

Related: 5 Steps to Dominating in Business in 2014

3. Create a Sharable Site

It’s great to reference some the leaders in your space, but when you are developing your own brand, it’s important to create unique content on a single hub. A site that your readers and viewers can reference back to, for more of your incredible content. I lean on Derek Halpern who’s a pro at this.

4. Build a List

This is one of the most important tools in building a business. As you develop your sharable site, begin building a list of emails of the people that visit your site, and continue to provide them with value. This will translate into buyers for the future launch of your product or service.

5. Launch a Product or Service you can sell

If you have a financial goal that you’ve set out for the next 6 months, then you have to sell something. Figure out the biggest challenges your audience is facing and build something that solves their problem.

Click here to view the whole article on Entrepreneur.com

Don’t let fear stop you, nor your limiting beliefs, nor any lack of confidence! If you’re passionate about something, the chances are, other people will be too. It’s just a matter of figuring out how to get your product over to them and thus add value to their lives in exchange for compensation – the crux of wealth creation.

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