Do you know that you can turn your life experiences, struggles, tragic moments, and happy times into paid content? Just like the popular saying about making lemonades out of lemons, it is possible to make cool cash from your personal experiences. Your life encounters can teach, inform, inspire, entertain, and motivate others while you generate income from them.
Hence, this article aims at exploring ways to monetize your personal story.
How to Monetize Your Personal Story
If you have an interesting story that you think can educate, inspire, entertain, or motivate others, here are a few ways to monetize it.
Publish a Book
One of the most common ways to make money off your story is by publishing it. Publishing a story helps it to reach a wider audience which attracts more cash. As a novelist, simply turn your story into a novel, and afterward, publish it offline, online, or both. Whichever way you choose, you’ll earn royalties from the sales made. You can promote your book using social media or email lists.
Start Up a Blog
Blogging is another means of monetizing your personal experiences. All you need to do is choose a blogging platform that best appeals to you and sign up for it. Some popular blogging sites include WordPress, Blogger, Wix, Medium, etc. Write your story on your blog and people that find it interesting and helpful can read it. You can make money from your blog by posting ads, making sponsored posts, or through affiliate marketing.
Coaching or Consulting
Taking advantage of your personal experiences to coach and consult for individuals or firms is another strategic means of generating income as a novelist. Depending on your knowledge base and area of interest, you can offer personalized support or guidance to others. Such services are often rendered at a charge.
Public Speaking
Just like rendering coaching and consulting services to individuals and groups, you can get paid for your story through speaking engagements. Avail yourself to share your story at conferences, seminars, or workshops to inspire or educate the audience. Organizations can hire you and you get paid in turn. However, endeavor to grow your public speaking skills and market yourself rightly.
Write in Magazines & Newspapers
Most magazines and newspapers feature certain kinds of stories such as tales on family living, lifestyle, career, or even real-life experiences on some of their pages. Interestingly, some of these publications are available to people of all ages. As such, it is easier to get your story across to all levels of individuals including adults and teenagers. Ensure to present your story in a captivating manner, especially with illustrations and you’ll see a good amount of money rushing into your account.
Podcasting
Podcasting is another effective way of letting out your personal story to the public and generating income for yourself. First, you need to decide what story you wish to share, identify your potential audience, and then choose a format for sharing your story. You may invite guests to your platform and converse with them while unleashing your story or share it directly with listeners. Alternatively, breaking your story into different episodes might be better or you a Q&A session. Whatever format you choose, you’ll need to record and edit your story and host it on any platform. Then, publish and promote your podcast on social media to engage your audience and earn.
Conclusion
Sharing personal stories is an effective strategy for novel writers to diversify their sources of income. While educating, motivating, and inspiring others, you can turn your life experiences into a highly-priced resource through blogging, podcasting, book writing, coaching, or consulting. However, be sure to develop a unique voice, be realistic, and strategically build a loyal audience, to be successful.
Written by Emily Cyril