Could Your Expertise Earn You Extra Money as a Subject Matter Expert?
Everyone’s an expert in something, but can your expertise earn you extra income? Subject Matter Experts — sometimes called Consultants or Coaches — are sought after for their advanced understanding, and can be found across industries, including:
“But, plenty of people have a high-level understanding of those fields,” you might be thinking. “What additional understanding should a Subject Matter Expert have to offer?”
Check out these tips to help you determine if the role “Subject Matter Expert” is a good fit for you:
- You should have a documented history of working in an area before calling yourself an “expert.” That means it’s not enough to have studied a field in school or your free time. You should have rolled up your sleeves throughout your career and dug into this particular topic, to understand the challenges, processes, and procedures in a way that gives valuable insight.
- You understand the industry’s best practices. And, can communicate those insights to help learners understand.
- You understand the challenges unique to the people you’re teaching. When you position yourself as a Subject Matter Expert, it’s important to address the problems, concerns, and desires of those who will lean on your expertise on a regular basis.
Not sure where to start?
A Subject Matter Expert, Consultant, or Coach creates a course within their field of expertise from one of the following angles: