SIGRUN

Europe's #1 Online Business Mentor

  • Blog
  • Work With Me
    • RED CIRCLE
    • Momentum 360°®
    • SOMBA Kickstart
  • About me
    • Media
    • Speaking
  • Jobs

Oct 25 2017

#94: Three Ways to Monetize the Same Passion

Three Ways to Monetize the Same Passion


Spotify Podcast Button


Apple Podcast Button

Finding your passion is important in both life and business. If you can find a way to monetize your passion, you are considerably more likely to enjoy your working life. This is why it's so important for online entrepreneurs to build their lives around a topic they feel strongly about.

If you are looking for a way to monetize your passion, I recommend learning about the Japanese concept of Ikigai. Ikigai revolves around combining four core factors.

  • What you love.
  • What you're good at.
  • What the world needs.
  • What you can be paid for.

It’s true: some passions are easier to monetize than others and some may be better expressed as a hobby. Often, your true passion is destined for greatness – destined to become a great, successful business that can be monetized in several ways.

In this episode of The Sigrun Show, I share three ways you can monetize your passion. I also explain the benefits and challenges you can expect from each of these strategies and how you can decide which strategy is right for you, your business, and your lifestyle.

Always remember, when customers buy from an online entrepreneur, they are not just purchasing a product. They are investing in you – your energy, your expertise, and above all, your enthusiasm. If you find a way to monetize your passion, especially through a range of different revenue streams, you are likelier to enjoy a long and success online business journey.

Not all passions are created equal. - Sigrun

 

In This Episode of The Sigrun Show:

  • Trading hours for dollars
  • Selling your passion based on your brand’s value
  • Creating passive income

Key Takeaway:

  • Choose a business model that works for you and your lifestyle.
  • How To Help Ukraine
  • LinkedIn
  • Facebook
  • Instagram
  • Twitter
  • Contact

© Copyright 2025 Sigrun GmbH - Privacy Policy - Terms & Conditions

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ESSENTIAL cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
Make 2022 your best year ever with my most popular masterclasses!
                                                                                           
CHRISTMAS GIVEAWAY! GET 12 OF MY EXCLUSIVE MASTERCLASSES FOR FREE!