Entrepreneurship

10 Important Steps To Make Money From an Idea

Leave a Comment / Creativity, Entrepreneurship, Innovation, Problem-solving, Thinking / By Iredafe Owolabi

https://youtu.be/ppk_m6AySsc Make Money From An Idea: Turning Your Ideas into Profits In the ever-evolving world of innovation, the question of how to transform a mere idea into a profitable venture often looms large. This guide aims to navigate the journey from conception to realization, arming you with the insights needed to turn your creative spark into tangible rewards. Here’s a detailed exploration of the process that can help you make money from your invention ideas. Emotional vs. Business Decisions The first step in turning an idea into a successful product is understanding the difference between emotional and business decisions. Many people fall in love with their ideas, believing it to be a game-changer that will revolutionize their lives. While passion is essential, it’s crucial to wear your business cap and make decisions based on feasibility, market research, and the potential return on investment. 1. Identifying Opportunities Being aware of your surroundings is the bedrock of creativity. From the moment you wake up to the time you go to bed, countless opportunities surround you. The key is observing everyday tasks and identifying problems that can be solved in a new or better way. Whether it’s a minor inconvenience or a more significant issue, if it affects many people, it has the potential to be a lucrative invention. Additional Resources The Simple Reasons Why People Are Not Creative [Yet] 4 Levels Of Wealth Creation – Inspired By Myron Golden 5 Steps To Overcome Creative Blocks 2 Mistakes To Avoid When Solving Problems at Work Where Do Creative Ideas Come From? [10 Channels Everyone Can Tap Into] 2. Evaluating Your Idea Once you have an idea, it’s time to evaluate it critically. Ask yourself these essential questions: –Market Size: Who is your target audience? Is it a niche market, or does it have mass-market appeal? –Uniqueness: How does your idea stand out from existing solutions? What makes it better or different? –Feasibility: Can it be manufactured easily, and is it cost-effective? –Legal Considerations: Are there existing patents that might be infringed upon? Is your idea novel enough to be patented? Grab a copy of Kingdom Currency For Students, Graduates and Business Men on Amazon with this link. 3. Prototyping on a Budget If your idea passes the initial evaluation, the next step is to create a prototype. This doesn’t have to be an expensive process. Start by using available resources and materials to create a working model of your idea. Prototypes help you identify potential design flaws and improve functionality before moving on to production. Listen to this podcast for more insights on this. 4. Intellectual Property and Patents Securing your idea legally is pivotal. Intellectual property (IP) includes patents, trademarks and copyrights, ensuring that your idea or brand is protected from theft or imitation. Here’s a breakdown of the key aspects of IP: –Patents: Protect the functional aspects of your invention. They can be utility patents (covering new processes or machines) or design patents (covering new, original designs). –Trademarks: Protect brand names, logos, or slogans that distinguish your products or services. –Copyrights: Protect the original works of authorship, such as written instructions, technical drawings, and other creative outputs related to your invention. 5. Licensing and Royalty Opportunities If manufacturing and marketing your product seem daunting or outside your financial capabilities, licensing is an excellent alternative. You can license your idea to a company that has the resources and distribution channels to bring your product to market. In return, you earn royalties for each unit sold. If you want to transform your idwas, gifts, skills and talents to profitable creations, grab a copy of this book on Amazon. 6. Real-World Research and Validation Conducting thorough research is critical to validating your idea. Look for similar products in the market, analyze their strengths and weaknesses, and identify how your solution can be better. Conduct surveys or focus groups to gather feedback and refine your product accordingly. 7. Protect Your Idea Safeguarding your idea before discussing it with potential investors or partners is crucial. Non-disclosure agreements (NDAs) are legal frameworks that protect your intellectual property during these discussions. Grab How To Enjoy Kingdom Currency here. 8. Overcoming Financial Constraints A common challenge for many innovators is the lack of capital. Here are some strategies to overcome this hurdle: –Bootstrapping: Start small and reinvest any earnings back into your project. –Crowdfunding: Platforms like Kickstarter or Indiegogo can help you raise funds from a large group of people. –Investors: Seek angel investors or venture capitalists who are willing to invest in promising ideas. 9. The Power of Perseverance Turning an idea into a profitable ventur e is rarely a straightforward journey. There will be challenges and setbacks but view them as learning opportunities rather than failures. Many successful inventors have multiple iterations of their ideas before hitting the jackpot. Use this link to invite me as a keynote speaker for your event. 10. Take Action The final piece of advice is simple but critical: Act on your idea. Don’t let it remain a ‘what if’ or a missed opportunity. Capture it, research it, and then decide on the best path to bring it to fruition. In Conclusion: How To Make Money Off Your Ideas Creativity is about seeing the world differently and identifying opportunities where others see obstacles. With the right approach, your inventive ideas can transform from concepts into profitable realities. Embrace the journey of innovation, and remember that every big success story started with just a spark of an idea. Thank you for exploring this guide on turning ideas into profits. Stay tuned for more insights, and remember to keep fostering your creativity to unlock endless opportunities. Let your imagination guide you towards new inventions and successful ventures! Feel free to drop me a comment or a question in the section provided below and I would be happy to read and respond to them.

4 Levels Of Wealth Creation – Inspired By Myron Golden

Leave a Comment / Creativity, Entrepreneurship, Thinking / By Iredafe Owolabi

https://youtu.be/NUV1kPVEtUk Unleashing Creativity: Exploring the 4 Levels of Wealth Creation Introduction: What Do The Levels Of Wealth Creation Mean To You? In today’s blog post, we are going to delve into the fascinating concept of the 4 Levels of Wealth Creation. This was inspired by a youtube video by Myron Golden where he explained the 4 levels of value. Get ready to be inspired and empowered to unlock your full potential and elevate your creative endeavors to new heights. Implementation Level: At the foundational level of wealth creation is the Implementation Level, where you put ideas into practice through hard work and dedication. Implementers excel in executing tasks and solving problems through hands-on effort and commitment. While this level is essential for building a strong foundation, it is crucial to aspire to higher levels of creativity and innovation to unlock your full potential. Use the Implementation Level as a launching pad to propel yourself towards greater heights of success and fulfillment. Additional Resources To Level Up Your Creativity 5 Steps To Overcome Creative Blocks 2 Mistakes To Avoid When Solving Problems at Work Where Do Creative Ideas Come From? [10 Channels Everyone Can Tap Into] The 2 Basic Differences Between Creativity and Innovation Where Do Innovative Ideas Come From? 6 Channels Unification Level: Stepping into the Unification Level, you witness the art of managing resources and people to achieve collective goals. Managers and leaders at this level excel in leveraging human and material resources to drive efficiency and innovation. By unifying teams and guiding them towards a shared vision, you can create a ripple effect that propels people and organizations to new heights. Embrace the power of collaboration and leadership to elevate your creative endeavors and maximize your impact. Grab a copy of Ignite Your Creativity on Amazon here. Communication Level: Moving up the ladder, you encounter the Communication Level, a realm where your words have the power to inspire, influence, and transform a mass of people. Content creators, speakers, authors, sales persons and artists excel in this space by crafting messages that resonate with audiences on a mass scale. Through effective communication, individuals can transcend boundaries of time and geography to touch the lives of countless people. Embrace the art of communication to build a lasting legacy and make a significant impact in the world. If you need help with writing your first book in order to take your communication to the next level, I have a free training that shows you how to write your first book in 30 Days. Check it out here. Imagination Level: At the pinnacle of wealth creation lies the Imagination Level, where visionaries and innovators thrive. This is where groundbreaking ideas are born, nurtured, and transformed into real-world solutions that impact millions. They practically create wealth from nothing but an idea. Visionaries in this realm, like the founders of Facebook, Amazon, and Uber, have the power to shape industries and create revolutions. By believing in your ideas, persuading others, and translating vision into action, you can pave the way for unlimited success and prosperity. Grab the paperback copy on Amazon here. Conclusion: How To Create Wealth As we wrap up our exploration of the 4 Levels of Wealth Creation, remember that creativity knows no bounds. Whether you are an implementer, a unifier, a communicator, or an innovator, there is immense potential within you to create value, generate income, and inspire change. Embrace your creativity, believe in your ideas, and dare to dream big. By understanding and leveraging the four levels of wealth creation, you can chart a course towards a future filled with abundance, prosperity, and limitless possibilities. Thank you for reading up to this point. I hope you had some value on this journey of creativity and wealth creation. If you’d like to invite me to speak at your event, you can do so here. Until next time, keep dreaming, keep creating, and keep striving for greatness.

Why Creativity In Leadership Is Important [3 Reasons]

Leave a Comment / Creativity, Career, Entrepreneurship / By Iredafe Owolabi

https://youtu.be/1rLMpgML2Ks Why You Need Creativity in Leadership: A Comprehensive Guide Everyone seems to have a different take on what makes a great leader. However, one thing that most experts agree on is the importance of creativity in leadership. In this comprehensive guide, we will explore the role of creativity in leadership and why it is essential for success in any leadership role. By the end of this guide, you will have a deeper understanding of why creativity is a critical skill for leaders in today’s fast-paced and ever-changing world. Now, in order to further answer the question, “why do you need creativity in leadership”, it is very important that we actually sit back and try to really understand what leadership is. What Is Creative Leadership? Now the man Myles Munroe, a man that I hold in high esteem, gave a very profound definition of leadership. As a matter of fact, his definition of leadership comes out as one of the best definitions there is out there. Now, here’s how Myles Munroe defined leadership. He said, leadership is a capacity to influence others through inspiration, motivated by a passion, generated by vision, produced by conviction, and ignited by purpose. John Maxwell famously said, “Everything rises and falls on leadership.” This statement highlights the critical role that leadership plays in the success of nations, companies, sports teams, and other entities. In my observation, many leaders fail due to two primary reasons: a lack of character and a lack of creativity. Despite abundant natural and human resources, many nations remain in poverty due to a lack of creative leadership. Similarly, companies often struggle or fail because of a lack of creative leadership at various levels. Leadership isn’t just about those at the highest levels; it includes anyone in a position of influence, such as team leaders, educators, and community organizers. The goal of this blog is to help you understand the importance of creativity in leadership and how it can help you succeed in any leadership role. Additional Resource On Creativity: Where Do Creative Ideas Come From? [10 Channels Everyone Can Tap Into] 5 Ways To Build Creative Confidence and Overcome Doubt Top 3 Best Books to Enhance Your Creativity in 2024 2 Essential Types of Creativity and How to Easily Leverage Them How to Develop Your Problem Solving Skills [14 Strategies] The Importance of Creativity in Leadership Inspire Others To Solve Problems One of the primary goals of leadership is to solve problems. Whether you are leading a small team or a large organization, you will inevitably encounter challenges that require creative solutions. Creativity is essential in problem-solving because it allows leaders to think outside the box and come up with innovative ideas. For example, consider the case of Steve Jobs and the creation of the iPhone. When Jobs set out to develop the iPhone, he faced numerous technical challenges and design constraints. However, his creative vision and ability to think differently allowed him to overcome these obstacles and create a revolutionary product that changed the way we communicate. Similarly, leaders in any field must be able to think creatively and come up with innovative solutions to the problems they face. Whether it’s finding new ways to increase revenue, improve customer satisfaction, or streamline operations, creativity is essential for success in leadership. 2. Inspire Followers To Create Value Through Creativity Another important aspect of leadership is creating value. Leaders must be able to provide value to their customers, shareholders, employees, and other stakeholders. Creativity plays a crucial role in creating value because it allows leaders to identify new opportunities and develop innovative products, services, or solutions. For example, consider the case of Elon Musk and Tesla. Musk saw an opportunity to disrupt the automotive industry by creating electric vehicles that were not only environmentally friendly but also technologically advanced and stylish. His creative vision and ability to think differently allowed him to create a brand that has become synonymous with innovation and sustainability. If you would like to develop your creativity in a way that helps you bring your dormant ideas, gift and skills to life, grab a copy of “Ignite Your Creativity” here. Leaders who are able to think creatively and create value are more likely to succeed in today’s competitive business environment. By developing new products, services, or solutions that meet the needs of their customers, leaders can differentiate themselves from their competitors and create a sustainable competitive advantage. 3. Leverage Resources Through Creativity Finally, creativity is essential for leaders to leverage resources effectively. Whether it’s human resources, financial resources, or technological resources, leaders must be able to maximize the use of these resources to achieve their goals. For example, consider the case of Jeff Bezos and Amazon. Bezos saw an opportunity to leverage the internet to create a global marketplace that could offer a wide range of products at competitive prices. His creative vision and ability to think differently allowed him to build a company that has revolutionized the way we shop. Leaders who are able to think creatively and leverage resources effectively are more likely to succeed in today’s fast-paced and ever-changing business environment. By identifying new opportunities and finding innovative ways to use their resources, leaders can drive growth, increase profitability, and create value for their stakeholders. Listen to this podcast below to get more insights into this. How to Develop Creativity For Leadership Now that we have explored the importance of creativity in leadership, let’s discuss how you can develop this critical skill. Here are some tips to help you become a more creative leader: 1. Embrace Failure: Failure is a natural part of the creative process. Instead of fearing failure, embrace it as an opportunity to learn and grow. By taking risks and trying new things, you can develop your creative thinking skills and become a more innovative leader. 2. Encourage Creativity in Others: As a leader, it’s essential to create a work environment that encourages creativity in others. Encourage your team members to

5 Ways To Build Creative Confidence and Overcome Doubt

Leave a Comment / Creativity, Career, Entrepreneurship, Innovation / By Iredafe Owolabi

https://youtu.be/y5Y8U0L9fak Build Creative Confidence and Overcome Doubt Introduction: In this blog, we’ll delve into five effective ways to develop your creative confidence and be empowered to bring your ideas to life. Why You Need to Build Creative Confidence Before we dive into the solutions, let’s understand why creative confidence is crucial. Many individuals with untapped potential never see their ideas materialize due to a lack of confidence. The fear of not being good enough, doubts about success, and concerns about external judgments often lead people to bury their talents, ideas, and creativity. The goal of this article is to address these issues and provide you with actionable strategies to boost your creative confidence. Common Challenges to Your Creative Confidence: 1. Doubt: Doubt is a significant hindrance to creativity. When you doubt your abilities and ideas, you create barriers to success. Overcoming doubt is essential to building creative confidence. 2. Lack of Preparation: Many individuals fail to prepare adequately for their creative endeavors. Lack of practice and honing of skills can lead to missed opportunities and decreased confidence. 3. Fear of What People Will Say: The fear of judgment or negative opinions from friends, family, or peers can paralyze creative expression. Overcoming this fear is essential to building creative confidence. 4. Fear of Criticism: Aversion to criticism often prevents creatives from putting their work out into the world. Learning to handle criticism is crucial for developing creative confidence. 5. Imposter Syndrome: Feeling inadequate despite having the necessary skills is a common challenge. Overcoming imposter syndrome is vital for building confidence in your creative abilities. 6. Not Trusting the Process: Lack of confidence in the journey and the processes involved in manifesting creativity can be a significant barrier. Trusting the process is key to building creative confidence. If you would like to further develop your creativity, you can do so with my book titled “Ignite Your Creativity”. Strategies to Build Creative Confidence: 1. Vision: Develop a clear vision of your creative goals. Visualize the end result, even if it seems far-fetched. Having a strong vision provides the confidence needed to navigate your creative journey. 2. Learn and Grow: Continuous learning and growth are essential for creative confidence. Identify the skills and knowledge gaps in your creative field and actively seek opportunities to enhance them. 3. Embrace Mistakes: Understand that making mistakes is part of the creative process. Embrace them as valuable learning experiences that contribute to your growth and development. 4. Normalizing Lack of Support: Recognize that not everyone will support or understand your creative pursuits. Your confidence should not depend on external validation. Be prepared to move forward even without widespread support. 5. Purpose of Creativity: Shift your focus from seeking instant success or recognition. Understand that the purpose of creativity is to experience the joy, peace, and fulfillment that comes from creating, irrespective of external outcomes. Bonus Tip: Accepting Lack of Initial Confidence: Acknowledge that it’s normal to lack confidence at the beginning of your creative journey. This acknowledgment is the first step toward breaking free from societal conditioning that perpetuates self-doubt. Additional Reading:1. 5 Steps To Break the Curse of Creativity [What, Why and How to Unlock Your Potential]2. Top 3 Books to Enhance Your Creativity3. 4 Reasons Why Creativity Is Important in Life and Beyond4. 2 Dynamic Types of Thinking and How to Use Them Creatively Conclusion: Building creative confidence is a journey, and each step you take brings you closer to manifesting your creativity. Remember that overcoming doubt, embracing mistakes, and shifting your focus to the joy of creating are key components of the process. By incorporating these strategies into your creative routine, you’ll find yourself more confident and capable of bringing your creative ideas to life. As you embark on this journey, always remember: it’s okay not to be confident initially, but it’s not okay to stay that way. Break free, believe in your abilities, and let your creativity flourish! To invite me as a guest speaker at your conference, seminar or event, you can do so here.

Top 3 Best Books to Enhance Your Creativity in 2024

Leave a Comment / Creativity, Career, Entrepreneurship, Innovation, Problem-solving, Thinking / By Iredafe Owolabi

In this article, I would be performing a review of 3 of the best books that can help you enhance and develop your creativity. All the books that are mentioned in this blog post have been read by me. Based on my personal study, I will be making a recommendation for you if you are considering resource materials that can help boost your creativity. Here are the Top 3 Best Books to Enhance Your Creativity this Year The 3 best creativity books that rank as top best books to boost your creativity are worth reading. If you want to be intentional about developing your creativity and problem solving skills this year, you should not just add them to your bucket list but also read them. They are: 1. “Think Big: Unleashing Your Potential for Excellence” by Dr. Ben Carson. 2.“Ignite Your Creativity: How to transform your Ideas, Skills, Gifts and Talents to Tangible creations” by Iredafenevesho Owolabi. 3. “Limitless: Upgrade Your Brain, Learn Anything Faster, and Unlock Your Exceptional Life” by Jim Kwik. These books offer valuable insights and techniques that can aid in creativity development. Here’s a highlight of these books: 1. “Think Big: Unleashing Your Potential for Excellence” by Dr. Ben Carson Overview In “Think Big,” Dr. Ben Carson, a world-renowned neurosurgeon and former U.S. Presidential candidate, shares his inspiring life story and the principles that guided him to achieve extraordinary success. While not solely focused on creativity, this book offers invaluable insights on personal development and thinking outside the box. These insights are foundational and core to developing your creativity skills. In the key takeaways, you will see why this book was selected among the best books to enhance your creativity. Key Takeaways for Creativity Development: 1. Overcoming Adversity Dr. Carson’s journey from a troubled youth to a groundbreaking neurosurgeon demonstrates the power of resilience and creative problem-solving. His story inspires readers to overcome obstacles and challenges in their own lives. 2. Importance of Education The book highlights the transformative power of education and continuous learning. Dr. Carson emphasizes that knowledge broadens one’s creative horizons and opens up new possibilities. 3. Thinking Big Dr. Carson encourages readers to set audacious goals and think beyond their comfort zones. This mindset shift can stimulate creative thinking by pushing individuals to explore unconventional solutions. 4. Mind and Brain Connection Given Dr. Carson’s background in neuroscience, he touches upon the incredible potential of the human brain. Understanding the brain’s capacity can inspire readers to explore their own creative potential. 5. Moral and Ethical Creativity Dr. Carson discusses the importance of ethical decision-making, reminding us that creativity should be harnessed for the betterment of society. This perspective can help channel creative energies in a positive direction. “Think Big” provides a motivating and thought-provoking read, offering valuable life lessons that can indirectly contribute to enhancing creativity. Grab a copy of “Think Big” here. 2. “Ignite Your Creativity: How to transform your Ideas, Gifts, Skills and Talents to Tangible Creations” by Iredafenevesho Owolabi Overview: In this book, Iredafe Owolabi, a creativity coach, seeks to bridge the gap between having great ideas, gifts, or potential and transforming them into profitable creations. It is dedicated to those who recognize that their God-given potential is not meant to remain dormant on Earth. It seeks to help readers transform their ideas, gifts, skills, and talents into tangible creations, regardless of their background or status. This book promises to empower readers to fully uncover their hidden genius and contribute to the ongoing creation story of the world. The author’s writing style is engaging and relatable, making complex concepts accessible to all readers. Little wonder it is a best-selling book on creativity. By drawing from both scripture and contemporary stories, the book offers a well-rounded understanding of creativity. It encourages readers to actively participate in exercises and take notes, fostering a true transformation in their creative abilities. Key Takeaways for Creativity Development: 1. Bust the Myths About Creativity With “Ignite Your Creativity,” you can expect to shed the layers of misconceptions, embrace the true essence of creativity, and unlock the boundless potential that lies within you. Read this article to get some insights to these misconceptions: What Creativity is Not: 7 Popular Myths about Creativity Questions like how to overcome the “lack of funding” problem that most creatives struggle with will be dealt with head on with practical solutions that you can hit the ground running with. This book is a life manual for creativity, designed to guide you toward a remarkable journey of self-discovery and growth. It will remain among the best books on creativity for a very long time and is definitely a keeper. 2. Your Roadmap to Creativity This book provides you an opportunity to sharpen your problem-solving skills and create a future filled with fulfillment. So, embark on this extraordinary adventure with the author. Dive into the chapters, immerse yourself in the exercises and principles, and apply what you learn. “Ignite Your Creativity” promises to ignite your creative spark and propel you towards a life of purpose, innovation, and vision accomplishment. 3. Creativity Enhancement This book isn’t just about inspiration; it’s a manual for action. Professionals yearning to break free from the shackles of the mundane will find themselves captivated by Iredafe’s passionate tone and expert guidance. The emphasis on diving into a result-driven strategy, leveraging inherent talents, and harnessing creativity to stand out in your career is both motivating and actionable. 4. Break out of the Box If you’re a professional, a career enthusiast, or a small business owner ready to shatter the glass ceiling and rise above the 9-to-5 grind, “Ignite Your Creativity” is your guide. It’s a revelation that reminds us that, just like God ignited His creativity to shape the world, we too can shape our careers and businesses with the brilliance of our own creative spark. Prepare to break free, rise above, and craft a career or build a business that’s extraordinary and uniquely yours. This book holds the key to

How to Build Wealth through Creativity – 5 Strategies.

Leave a Comment / Creativity, Entrepreneurship, Innovation / By Iredafe Owolabi

How to Build Wealth through Creativity Introduction Have you ever heard someone say “I’m creative, my only problem is that I lack funding”? This is a misconception and this blog post is all you need to understand how creativity can make you a money magnet and wealth creator. For more insights on how to over misconceptions of creativity, read this: What Creativity is Not: 7 Popular Myths about Creativity If you’ve ever thought that you need a large bank account to make your dreams of financial independence come true, think again! In this post, I’ll show you how to harness the power of creativity to build wealth from the ground up. So, let’s dive in and discover the exciting possibilities that lie ahead! Poverty is not a Lack of Resources but a Lack of Creativity My Story – The Day I Shook a Big Table One morning, I opened up the Canva app in my phone (a Smartphone application for creating graphics). Then I carefully crafted a design that would later find its way onto my social media pages and statuses. Little did I know that this seemingly innocent act would ignite a thought-provoking discussion about the connection between creativity and lack of resources. The graphic design bore a powerful inscription: “Poverty is not a lack of resources but a lack of creativity.” The profound impact of the graphic design and its powerful message shattered some limiting beliefs that hold many creatives back, unleashing a wave of discussions. Before long, a curious contact in my network challenged the notion, taking a stance that suggested the opposite of what the inscription said. He asked why many talented individuals remain trapped in financial struggles despite their creative abilities. This encounter made me realize that there is a widespread misunderstanding of what creativity truly entails. Interestingly, I had once grappled with the same question until I embarked on a journey of discovery and unearthed profound truths about creativity. Through conscious research and personal experiences, I learned how to ignite the dormant creative genius within me and saw the transformation that took place. It became clear to me that many people do not know what creativity really means. They fail to grasp the distinction between having innate gifts, talents, skills, or potential and harnessing the true power of creativity. This misconception, among others, limits their ability to manifest their potential and make a significant impact in their lives, careers, or businesses. Motivated by this revelation, I dedicated myself to helping others unleash their creative potential. As I traveled the world, sharing insights and training individuals and organizations, I realized the urgent need to demystify creativity. You might be among those still seeking clarity on what creativity truly means in a bid to develop yourself. You are not alone, as billions of people around the world today still struggle to define and harness their creative capacity. 3 Reasons Why You don’t Need Money To Be Creative? https://youtu.be/lXdwITOFc38?si=lsgGueddRlmmGQap In my experience and thought leadership journey, one of the most frequently asked questions I get from potential creatives is “I am creative but my problem is lack of money. How do I raise money?” I usuallly try to explain to them that there is more to their lack of liquid cash than meets the eyes. I try to get them to understand what money really is before even trying to teach them how to create wealth and attract the paper monies they seek.Here are the 3 reasons why you don’t need money to manifest your creativity: 1. Money Does not Make You Creative, Creativity Makes You Money 2. Creativity is for Problem Solving 3. History is full of people who created wealth without money.Before we go into the details of these 3 reasons, let us first of all understand what money really means. This will give us the relevant foundation to understand why you actually don’t need money to be creative. What is Money? In order to understand how to build wealth through creativity, it’s essential to answer this fundamental question: What is money? Money is not merely the paper bills and metal coins we exchange for goods and services; it’s a complex and multifaceted concept that plays a pivotal role in our financial journey. As a creativity coach, I would like to shed light on what money truly represents and how understanding its nature can empower your creative wealth building endeavors. Money is often described as a medium of exchange, a unit of account, and a store of value. Let’s delve deeper into the three key aspects of money 1. Medium of Exchange: Money serves as a medium of exchange, which means it acts as an accepted means for transactions. Money goes beyond the paper or coins used to represent them. What gives money its power to be used in exchange is the acceptability it possesses. That is why in a barter system where goods and services are exchanged directly, people transacted based on what they agreed their goods and services were worth. Money was introduced to simplify this process by providing a universally accepted means of trade. Consider this scenario: You are an artist, and you create beautiful paintings. In a barter system, you would have to find someone who not only appreciates your artwork but also has something you need or want in exchange for it, such as food or shelter. With money, you can sell your artwork to anyone who values it and receive a universally accepted currency in return. This makes trade more efficient and accessible. 2. Measure of Value: I believe that money exists to facilitate the creation process because it enables creators, manufacturers and producers estimate and measure the value they intend to receive or what they bring into the market. For example, when you create a pricing strategy for your creative products or services, you use money as the common unit of account. You assign a specific price to your artwork, services, or digital products, which allows

What Should I Write a Book About? 14 Hot Book Ideas

Leave a Comment / Book Writing, Creativity, Entrepreneurship / By Iredafe Owolabi

Introduction Have you ever wondered what to write a book about? Should your write fiction vs. non-fiction? If you are really interested in succeeding as an author, you must consider this question critically. You should also get yourself a very strong and compelling answer through careful thought and observation. You cannot become a successful author if people only buy your book because they want to “encourage” you and not because they need it. Let’s dive in. How to Find the Right Topic to Write a Book About This is very vital because people only buy books and take their time to read it when they know they need it or that it is relevant to their lives. If they do not find it valuable enough to read, archive and refer to from time to time you are wasting time and resources thinking you would make it as an author-preneur. At the level of being one who writes as a hobby, that could be acceptable, but if you want to make money from your writing and publishing craft,ndustry, you must offer first class value in subjects, fields and areas that people need more insights into. Making a fortune from your craft is not a walk in the park, it is largely dependent on the book idea you have and how much people are hungry for the answers your book provides. That is why for an author-preneur to make his or her craft profitable, he or she must be a creative thinker. Check out this blog for insights on how to develop your creativity or overcome creative blocks. In this industry, creativity displayed with your book idea is what begets profitability. I therefore recommend that your book idea falls into at least four or more of the categories or answers enumerated in this blog if you really want to get the best results. Definitely check out my book titled How to Make Millions as an Authorpreneur, if you want to get more insights into Authorpreneurship. 1. What you are passionate about and love talking about Before you think about writing your book, you must have discovered that thing which you love doing so much. It should be something that you cannot help but talk about the least chance you get. In addition to that, you must be sure to bring a unique angle to whatever it is that you passionately want to write about. That way you distinguish yourself in your niche and stand out as an expert. To achieve this, you need to introduce an idea that is slightly new into what you love talking about. Someone once said that all you need is an idea that is ten percent new to make a million dollars. How true! It does not have to be something major like a new scientific discovery. It can be a little improvement on what is already being talked about but that could give you a competitive advantage. One “small” idea is enough to separate you from every other writer in your niche and can fast track your journey to success as an author-preneur. One place to start is to identify your message if you are a thought leader. What drives me to write books is an unwavering desire to help people become better in every of their endeavours by sharing my insights, knowledge and revelations with them. That passion keeps me punching the keypad of my laptop, churning out new books that would add value to and solve problems for people. Even when it seems like a waste of time, I keep at it because of the irresistible urge to share the wisdom, insights and experiences that I possess with people around the world. Every thought leader must have a central message for which he is known and it is usually something he is passionate about. Make sure you build your brand around that message consistently until your name becomes synonymous to it. This is very important especially for budding authors. Write about something you love and are passionate about, something centred on your message. For you, it could be goal setting, sales, creativity, the mind, leadership, nation building, fashion, personal branding, etc. As soon as you identify your message, then viciously stamp your name on it until your name becomes synonymous with that subject matter. Further reading: Identifying Your Book’s Target Audience – 15 Hot Markets of People Who Will Buy Your Books, eBooks and Audio Books 2. What you can do with ease that others find difficult I find writing powerful and wonderful books pretty interesting and easy to do. By reason of this, I get surprised to hear that someone lived all his life hoping that one day he would write a book and eventually never did. This has helped me value and appreciate my craft a whole lot more. It has ignited a fire in me to help others who find developing, completing, publishing, launching, selling or marketing their books and profiting from it impossible. There are a number of other things that people find difficult to do which you find easy or interesting. Until you write about it, you may never be able to lend your voice to them in order to make the road easy for them. You would be highly limited by time and space. There are people who are waiting for you to show them the way and would gladly part ways with their money if you would help them. All you need do is write about that thing you have spotted which fits into this description. It is something you do with flair even when others struggle to do it right. That could really make a good book idea! As long as you have overcome an obstacle that you know people would always face at one stage or the other in their journey through life, then you have something worth writing about. For instance, you could write about how you were able to babysit your

Why You Should Become an Author-preneur?

9 Good Reasons You Should Become an Authorpreneur

Leave a Comment / Book Writing, Entrepreneurship / By Iredafe Owolabi

Why You Should Become an Authorpreneur As an author of 17 books I have a lot to say when it comes to authorpreneurship. In a world teeming with aspiring authors, the path to success can often feel elusive. But for those who dare to dream bigger and aspire to create a lasting impact, there lies a more rewarding journey called authorpreneurship. There is a difference between being an author and being an authorpreneur. An author writes and publishes as a hobby but an authorpreneur has mastered the business of his or her writing gift. An authorpreneur transcends the conventional boundaries of writing, transforming their literary craft into a thriving enterprise. Think of legendary authors like J.K. Rowling (Harry Potter) and Robert Ludlum (Bourne Identity), whose books became global sensations and even blockbuster movies. In this blog post, we will explore why you should not be content with merely being an author, but instead, embark on the transformative journey to become an author-preneur. If you would like to get a copy of my 17th book titled “Ignite Your Creativity”, visit this link. 1. Being an Author is not enough The sheer number of books published each year makes it challenging for authors to stand out and achieve substantial success. Many talented writers struggle to sell more than a few hundred copies of their work, leaving them with meager earnings and unfulfilled dreams. In the book titled “The Millionaire Mind”, Thomas J. Stanley, Ph. D. said “there are about 300,000 books published every year and two out of three never makes it to the bookstores. Of these 100,000 that do get distributed, few ever sell 1,000,000 copies or more” To avoid becoming a statistic in this crowded market, one must evolve from being a mere author to an authorpreneur. This shift in mindset involves mastering the business side of writing, learning to market and monetize your craft effectively. 2. Gain Financial Freedom Becoming an authorpreneur offers you the potential to achieve financial freedom. Unlike traditional authors who rely solely on book sales, author-preneurs diversify their income streams. By developing and monetizing their expertise through various avenues like speaking engagements, webinars, online courses, and more, author-preneurs can create a steady stream of revenue that is not solely reliant on book sales. 3. Make Millions Regardless of Bestsellers While every author dreams of hitting the bestseller lists, author-preneurs understand that their financial success is not solely dependent on having a blockbuster hit. Authors are satisfied with being able to polish their talent into a desirable skill but author-preneurs are not satisfied until they can master the business of their talent. They move from talent to skill and from skill to business and make a killing out of it monthly. If you become an author-preneur, you stand the chance of achieving better result than those who have become authors of bestsellers today. But even if you do not sell a million copies of your books, being an author and graduating to becoming an author-preneur can bring you into superabundance. Hear this: “You do not need to sell millions of books to make millions from your work as an author”. Yes! Your book does not need to be on Amazon’s bestseller list to make millions from your craft. Now, there is absolutely nothing wrong with such achievements as they are great ones. However, you can mine the financial potential of your book idea without being a New York Times bestselling author. It is all about having the right strategies that would help you get your message out there in any way possible. By leveraging their expertise and knowledge through various mediums, such as webinars and seminars, they can generate substantial income irrespective of their book’s popularity. This opens up new opportunities and allows for consistent earnings. Additional resource: Read this article if you would like to learn about what hot topics to write a book about: What Should I Write a Book About? 14 Hot Book Ideas 4. Escape Unemployment or Underemployment I know a nursing mother of three in Port-Harcourt, Nigeria who had only a measly $10 in her account both home and abroad. She was so broke and her husband was out of job for one year. She discovered the power of the information age and decided to become an author-preneur. She began to teach people on social media what she knew they were curious about or needed help with for free. She then wrote an eBook of about 48 pages. She sold that eBook for $25 to different ladies (her target niche is ladies) and she started earning $12,000 monthly from sales of her eBooks and other services that sprang out from becoming an author-preneur. She was able to support her husband who was out of job for a year in the running of family and home expenses. She works from home and markets her little book on Instagram but earns several times more than what most people who go to regular 9 to 5s earn per month. Author-preneurship offers an escape route from the shackles of underemployment or job dissatisfaction. Instead of settling for a job that fails to fulfill your passions, you can create a business empire around your writing. By developing your writing career alongside your regular job, you can eventually transition to full-time author-preneurship when your earnings can sustain you comfortably. 5. Build a Lifetime Career Authorpreneurship provides the chance to create a lasting legacy. Unlike traditional jobs with retirement ages, being an author-preneur enables you to build a lifetime career around your passion. Your books and intellectual properties can continue generating revenue long after they were published, ensuring financial security for you and your family. 6. Earn Lifetime Royalties The beauty of authorpreneurship lies in the lifetime royalties you can earn from your intellectual properties. Unlike regular jobs where payment ends when you retire, your books and other products can continue earning you income throughout your life. This passive income stream can secure your financial future and

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