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/