The votes are in! It looks like you want me to do a thread on monetizing your knowledge. There's quite a bit of ground to cover here, but I'm up for the challenge of doing it in a monster thread :)

So here we go: Monetizing Knowledge, from the ground up - the Thread. [1/39]

Let's start with the question of: What does it actually mean to "monetize your knowledge"?

There's two ways to go about this. The "simpler" one is to offer your knowledge as a service ("consulting"). If you know a lot about a particular problem area, you can sell your time.

But how do you accumulate this knowledge, and how do you know it's worth actual money?

I like to think there's a relatively simple formula for this, and comes down to doing the same thing over and over again: Solving problems.

In fact, you can think of it a little like mining.

We'll start with the problem. This can be almost anything - an obstacle, a bad situation, a shortcoming, the gap between how we want things to be and how they actually are.

If you can identify describe something in terms of a problem, you're already halfway to solving it.

For this to work, though, you have to pick a problem you're very interested in - because in order to level up, you're going to have to solve this problem *a lot*. As in, every day.

It could be anything from "how do I make this app suck less" to "how do I become a famous writer?"