Motivational speaking is a profitable career if done accurately. The likes of Matthew Parker from Indiana have proven that one can make a decent living out of motivational speaking. However, your income will be largely determined by the strategies you adopt in marketing and delivering your talks. So, how do motivational speakers make their income?
• Institutional speaking
The skill applied by a motivational speaker will come in handy in landing them deals with various institutions. In addition, the depth of the knowledge portrayed by the speaker will also help in landing the deals. When a motivational speaker impresses an audience, the chances are that one member of the audience will want to seek their services. Through such an invitation, the motivational speaker is able to broaden their network hence increasing their net worth.
• Written work
Writing provides a great way for motivational speakers to increase their net worth. Mostly, motivational speakers are known for supplementing their income through writing books. As a matter of fact, the income generated through the sale of the books and loyalties accounts for a huge chunk of the motivational speaker’s net worth.
Your strategy is not the only fundamental that will determine your income. Other fundamentals such as presentation skills will come in handy to ensure that you properly execute your strategy. Just like Matthew Parker from Indiana, you too should learn to combine your entrepreneurial skill and your knowledge to create a masterpiece. That said, making staggering amounts through motivational speaking is very possible. However, you have to get things done the right way!