Turning Your Talent Into A Business

All of us have natural born talents and gifts. Be it physical talents, emotional talents, relationship talents or so on — we come ‘hardwired’ from the factory with certain things we naturally excel at.

If you have plans on becoming great, they say success leaves clues; this implies, great people have a common denominator.

They are those who discovered their talent and then showcased that talent to the world in a “new” and creative way.

It is not about doing something completely brand new but doing something that’s been done before, in a “new” and unique way because there’s nothing new under the sun.

Take Thomas Edison the inventor of the everyday light bulb as an example; many scientist of his day knew that a heated piece of carbon filament would produce a light.  However, the light would only last for a brief moment.

…So what did Edison do?

Did Edison come up with a new idea?  No; Edison improved upon an existing idea through creativity and concentration, by finding a carbon filament that would burn for over 1500 hours if enclosed in an oxygen free case.  It wasn’t a new idea, but his improvement on an existing idea made him great, while most people don’t even remember who invented the first electric light bulb

Your talent can be your job if you approach it with the mindset of an entrepreneur.

What do you do best?

“The biggest mistake people make in life is not trying to make a living at doing what they most enjoy.” – Malcolm S. Forbes. To find out what some of your talents are, you can answer some questions, being as honest as possible. If you can, write them down to go back to them whenever you need.

•    Which activities have you always enjoyed doing?

•    When was the last time you lost track of time doing an activity? Which activity was this?

•    Which activities don’t you need any help to do?

•    What do you like talking about the most?

•    If money didn’t exist, what would you like to do for pleasure?

•    What do you read about the most?

•    What do people ask you to teach?

•    What are your strengths?

After you have answered these questions, you have an inventory of yourself. So, if you really want to turn your talent into a business, here are some key steps.

Polish your talent into a skill:

To make money from your talent, you’ve got to be good at it. If your skills aren’t yet up to par, make a plan for improving them.

Capitalize on your unique talents and build the business that suits you. The key is to conceptualize your idea from the get-go and identify profitable business opportunities and turn them into revenue streams.

Understand your market:

Evaluate existing opportunities and your competition. Who are they, what are their strengths, and where do they fail? Based on that information, you can define your product or service that is clearly differentiated from everybody else’s. You’ve got to look out into the world and identify profitable areas that will continue to grow over the next decades. Then find a link between your talent and these high growth areas. Some of these areas are:

Online business, coaching and consulting, health and wellness, alternative education, green technology, web design, graphic design, digital marketing etc.

Be Prepared:

As you embark on your journey to become a professional, you’ll need to determine the paths your business will take. Where do you start? Diversifying your income is a great way to keep your venture interesting and dynamic, and it also means that you won’t be relying on one source of revenue. When one income stream becomes temporarily slow, another can pick up the slack. Starting small is the soundest approach. Taking on too many income streams at once may cause you to feel overwhelmed.  A business plan will outline the guidelines for how you want to start and manage your business.

Be Consistent: A hobby is something you do at your leisure. When you make it a business, you must show up to work. Think of your hobby as your job and make it a priority in your life.

Develop an online presence

The 21st century has brought with it an influx of technology that we’ve never seen before. The online presence of a business can make or break its success. Word of mouth is no longer actually speaking, but sharing and reviewing on social media. Create a website, join social media platforms and encourage your first customers to review your business online.

If you plan on sharing your talent via video, you’ll need a computer equipped with a camera, microphone and speakers, and a platform like Skype to host one-on-one video calls, for online courses you will need Udemy.com or Lynda.com to create them, and finally a PayPal or a banking account to accept payments. Now you need to let the world know you’re open for business. Here are five low- and no-cost ways to get the word out. You can do it

Becoming Great

To become great you must focus your attention on developing your unique and dominant gifts. The full unhindered expression of your creativity is where greatness resides.

Whatever your talent is, you must focus your attention on doing it to the best of your ability.  Give that dominant talent your focus, and allow it to develop through training.  Given enough time, and enough focus, you will become great at it.

In order to begin monetizing your talent, you have to devise a game plan. This plan will obviously have to be tweaked along the way, but it’s worthwhile to have a strategy in place from the start.

You just need to put yourself in the right environment so you can grow and become all that you were destined to become.

In the words of Paris Hilton, “Life is too short to blend in.”  It really is, you were born an original, don’t die a copy.

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TOGSi

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