This is a YouTube video titled "How to make Money Online with Justin Welsh" containing a monologue by Andrew Huberman recorded on October 11, 2022. The content focuses on various strategies for monetizing online content, including digital courses, coaching programs, and diversified entrepreneurship approaches. There is only one speaker, and the discussion centers on creative ways to generate income online.
In your opinion, what are a few ways that we can monetize our content? There's so many different ways and I think that's where it's so fun to be creative about earning income online. And once you figure out how to make a little money online, you can't stop seeing opportunities, which is really neat. So I'll give you a few examples of just things that come to mind. For me, the simple one is digital courses. Other ones are things like cohort based coaching programs where or you invite a group of students in for a cohort or a group. I have a product called the Monthly Templates where I actually send out five, fill in the blank Twitter and LinkedIn contents that people can use to scale their writing. I charge $9 a month. In 45 days, it's a $9,000 a month product. You know, I also go through and say things like, here's 50 posts of mine that are my top 50 posts. I find that in a piece of software, Send that to somebody in upwork, turn it into an ebook, sell it. Like, there's so many different ways to make money online. And I take an approach I call sort of like this diversified entrepreneurs approach, where it's not like don't find one, find five or find one, double down on it, get really good at it, add a second, add a third, add a fourth, add a fifth. Because when you have a diversified approach to entrepreneurship, you're like a venture capitalist, right? You're not making one bet on one startup. You're making many, many bets and hoping that one big one pays off.
