Ep 3: 5 Ways to Generate Income Using Your Ministry Skills
This episode discusses five ways to monetize ministry skills, including speaking and training, consulting, physical and digital products, events, and coaching. We talk about formalizing your skills into a coaching program or other income-generating venture.
Follow the podcast on IG: https://www.instagram.com/monetizeyourministrypodcast
Follow Kymone on IG: https://www.instagram.com/kymonehinds
Visit our website: http://monetizeyourministrypodcast.com/
Show notes
00:00 - Introduction
The topic of how to generate income using ministry skills.
00:05:47 - Speaking or Training
The first way to generate income using ministry skills is through public speaking or training. The skill of public speaking is valuable in the marketplace, and the ability to train people is in high demand.
00:07:34 - Transitioning from Ministry to Marketplace
Preview of the upcoming weeks, where we will have guests who will share how they have transitioned from sharing within a religious context to sharing in the marketplace.
00:09:32 - Speaking and Training
Using ministry skills to speak and train people can be a way to generate income. Taking difficult concepts and making them simple is a valuable skill in the marketplace.
00:11:39 - Consulting
Consulting is another way to generate income using ministry skills. This involves providing access to knowledge and expertise in a particular area. Knowledge in leadership, decision-making, and project management can be valuable to organizations.
00:15:55 - Physical Products
Creating physical products, such as books, is a third way to generate income using ministry skills. Books can be created from sermons or personal experiences. Physical products can be a tangible way for people to understand and buy into a ministry skill.
00:20:10 - Physical and Digital Products
The benefits of creating physical and digital products, such as t-shirts, mugs, ebooks, and audio and video courses, to generate income using ministry skills.
00:24:22 - Events
Planning events as a way to use ministry skills to generate income. We look at how to create a theme, sell merchandise, and attract attendees.
00:29:05 - Coaching
Coaching can be a way to use ministry skills to generate income by giving people access to knowledge and expertise in a specific area.
00:30:08 - Recap of the 5 Ways
We recap the five ways to generate income using ministry skills, including speaking, consulting, products, events, and coaching.
00:31:50 - Conclusion and call to action
Encouragement to take action and increase your income and impact.