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{"id":2318,"date":"2018-11-17T01:44:42","date_gmt":"2018-11-17T05:44:42","guid":{"rendered":"http:\/\/careertipster.com\/?p=2318"},"modified":"2018-11-17T01:44:42","modified_gmt":"2018-11-17T05:44:42","slug":"5-ways-to-monetize-your-knowledge-for-a-successful-start-up","status":"publish","type":"post","link":"http:\/\/careertipster.com\/careerdev\/5-ways-to-monetize-your-knowledge-for-a-successful-start-up\/","title":{"rendered":"5 Ways to Monetize your Knowledge for a Successful Start-up"},"content":{"rendered":"

The business landscape is constantly moving and evolving, presenting an ever-changing array of new opportunities for those who are willing to take them.\u00a0Specifically, this is the age of the knowledge economy. What you know could be the key to a successful business of your own, and without the need for any significant financial outlay. Don\u2019t believe it? Here are five examples of how knowledge can be translated into cold hard cash.<\/p>\n

Training courses <\/strong><\/h3>\n

If you need evidence of the value of knowledge, keep in mind that there is always the need to learn something. Sharing professional knowledge about the evolving business landscape is about more than just IT.\u00a0Accountants, auditors and lawyers also operate in environments where rules are constantly changing and there are new tools to be help them improve their work efficiency.<\/p>\n

If you decide to pursue this direction, you don\u2019t need to invest much. Basic word processing and presentation software along with a high-performance printer and high-capacity ink cartridges will set you on the road to success. As far as the latter is concerned, choose a familiar brand such as HP, and you will find you can get HP 301 ink cartridges<\/a> to go with it online at greatly reduced prices.<\/p>\n

Accounting, audit and consulting<\/strong><\/h3>\n

Whatever is going on in the world, businesses will always need specialist services in finance, audit and tax advice. In this age of outsourcing, many managers prefer to use external specialists rather than employ accountants and auditors on the payroll. Trading on this type of knowledge allows you to work remotely, meaning immense savings in time and commuting costs. You don’t even need start-up capital.<\/p>\n

Creative home-made produce<\/strong><\/p>\n

Bespoke home-made products have become very fashionable and home-based business allows you to make money doing the activities you enjoy most.\u00a0This type of business is especially convenient when you don\u2019t have the start-up capital to invest in infrastructure for the business.\u00a0The world of cooking and baking is a prime example.\u00a0From specialist cake baking to providing meals to other businesses, there\u2019s always money to be made from food. Just make sure your kitchen meets the essential hygiene requirements<\/a> for commercial activities.<\/p>\n

Car repair<\/strong><\/p>\n

If you\u2019ve always loved tinkering with cars, it\u2019s a simple matter to start up in business, either from home or even as a mobile mechanic. To get started, all you really need is a good tool kit and a van. You\u2019ll also need to invest in diagnostic equipment and software in order to communicate with the ECUs<\/a> in modern cars.<\/p>\n

Tutoring<\/strong><\/p>\n

The thirst for knowledge in the modern world means that tutors are in demand like never before.\u00a0Many people are turning to a career in teaching and tutoring later in life, and with demand outstripping supply, there are grants and incentives available to get you qualified. As a tutor, you can work on your own terms and to your own hours. The main thing for you is to know your subject well and be able to convey your knowledge to your students.<\/p>\n","protected":false},"excerpt":{"rendered":"

The business landscape is constantly moving and evolving, presenting an ever-changing array of new opportunities for those who are willing to take them.\u00a0Specifically, this is the age of the knowledge economy. What you know could be the key to a successful business of your own, and without the need for any significant financial outlay. Don\u2019t […]<\/p>\n","protected":false},"author":1,"featured_media":2319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-careerdev"],"_links":{"self":[{"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/posts\/2318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/comments?post=2318"}],"version-history":[{"count":1,"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/posts\/2318\/revisions"}],"predecessor-version":[{"id":2320,"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/posts\/2318\/revisions\/2320"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/media\/2319"}],"wp:attachment":[{"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/media?parent=2318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/categories?post=2318"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/careertipster.com\/wp-json\/wp\/v2\/tags?post=2318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}