Money & Skills S1 Ep. 4: Discovering Your Niche As An Subject Matter Expert (SME)

The Skills Recharged™ conversation continued during episode four of Money + Skills with Dalan and Michele. Dalan Vanterpool and I chatted about being subject matter experts (SME), from discovering your niche to monetizing their expertise. Check out the replay for episode four. 

Show Notes 

[1:00] The research component of the ongoing Keep Your Stride™ Discussion and how it relates to being an SME. 

[2:35] Difference between being doing your job and being an SME. 

[4:29] Possible duties of an SME. 

[4:47] How to recognize that you're an SME. 

[10:17] Continuing education as an SME and ways to test your knowledge. 

[11:36] Marla Dukharan is an example of how an SME can impact an industry. https://www.linkedin.com/in/marladukh... 

[13:58] Documentation and training that an SME can provide individuals and teams. 

[15:17] The importance of an SME trusting themself. 

[16:53] "Can an SME make errors?" and how they can reiterate their knowledge. 

[19:31] An SME can create curiosity. 

[21:18] Be an SME that is genuine and approachable. 

[23:09] Questions to help determine niches that you're an SME. 

[24:53] How your personality impacts you being a sought-after SME. 

[26:07] SMEs monetize their skills. 

[27:10] Overview of a framework on how to build up your expertise and monetize it. 

[30:09] Perspective on identifying opportunities to build up transferable skills. 

[30:47] Determine how to diversify your income and the end goals for each income stream. 

[31:26] Options by Pitbull featuring Stephen Marley https://www.youtube.com/watch?v=xALCp... 

[34:05] Discussion about a copywriting SME avatar that applies the framework to monetize your expertise. 

[36:07] Entrepreneurial mindset. 

[37:26] Taking inventory of your skills. 

[39:00] Map out the time and location needed daily to monetize skills. 

[41:07] Choose a path: Sell a product, provide a service, or be an overseer. 

[41:33] SME reference: Codie Sanchez https://www.codiesanchez.com 

[44:29] Move life a business 

[46:04] Proof a concept 

[46:47] SME reference: Will It Fly? by Pat Flynn https://www.amazon.com/Will-Test-Busi... 

[46:47] SME reference: Danielle Leslie - Online Course Creator https://danielleleslie.com/ 

[47:54] Side businesses ideas for SMEs. 

[49:08] SME reference: Cell Phone Photographer, Alton Bertie https://instagram.com/alton.bertie?ut... 

[49:47] SME reference: DRock, Video Creator for Gary Vee https://instagram.com/drock?utm_mediu... 

[52:43] Leveraging your intelligence. 

[53:25] SME Reference: Patric Richardson, The Laundry Guy https://laundryevangelist.com/whos-pa... 

[54:28] SME Reference: Jamila Norman, Urban Farmer https://magnolia.com/watch/show/b50ef... 

[55:30] What is your SME superpower? 

Episode Resources: 

What is a Subject Matter Expert (SME)? (And How To Become One) https://www.indeed.com/career-advice/... 

7 Steps To Become A Subject Matter Expert (SME) https://www.gqrgm.com/7-steps-to-beco... 

No Boss, Only Clients https://dalanvanterpool.com/book/

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