Need Extra Income? Before People Pick Your Brain, Monetize Your Expertise

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I turned meetings requesting to pick my brain into my full-time six-figure business.

Peer payment apps like Zelle, Venmo or CashApp can work just fine, or you can level it up to a platform like Square or PayPal that only charges a percentage of each invoice, rather than a monthly fee. If you choose a platform that charges a processing fee, don’t forget to include that in your consideration for pricing.

I decided I wanted people to get 10 times the value of my service and set $400 as a target price. That may feel like a lot to charge for one meeting, but when you assess what someone would gain from the meeting, it feels fairer.The first meetings I charged to pick my brain were for requests to help people with their resumes. As a recruiter, I didn’t realize this skill set was difficult for others because I read dozens of resumes a day.

I also responded to any incoming requests to pick my brain with my new scheduling link. A LinkedIn profile circumvents the need to build a website and allows you to share with your existing professional network.If imposter syndrome is preventing you from moving forward at your target price point, it’s okay to start somewhere rather than not at all.

I took those five to 10 questions, added them to my meeting confirmations as a questionnaire and asked people to complete them before our meetings to help save time. This helped us jump-start the sessions into troubleshooting their problems, leaving more time for answering more detailed, complex questions.Along with the pre-meeting questionnaire, providing a post-meeting summary allowed me to bump up my pricing to the $400 target fee over time.

 

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