Today I’d like to talk about a way to make money online that doesn’t involve Affiliate Marketing or Blogging.

It’s a neat little concept that allows you to take a little piece of wisdom that’s sitting in your mind right now and monetize it.  Let me explain.  Essentially, MindBites is a website that allows you to create a short little video lesson teaching people how to do something in life and then sell that lesson on the website to make money.

The lesson you teach are only limited by your creativity.  Some of the lessons already up there range from “How To Teach Your Baby Sign Language” to “How To Cut Hair With Clippers”.  Pretty much anything can be made into a lesson, and you get to set the price for your lesson.

So, for example if you like gardening you could make a series of video’s on gardening and sell them online.  If you have a killer lasagna recipe you could make a video teaching people how to make that lasagna and sell it online.  I mean the sky is the limit here.  Pretty much anything can be made into a MindBite lesson that can be marketed on this website.

Learn

The website is already starting to fill up with different kinds of video lessons.  There is a main section for all the paid lessons, as well as some free lessons.  Authors of each lesson set the price of each lesson based on the number of credits each lesson costs.  One credit is equal to $0.99, which is the minimum price for a paid lesson.

Here’s one video I clicked on.  After watching the intro to this, I totally want to buy this video and watch the rest of it.  It’s only $1.98 and I also might order that book too.  It looks like a cool way for me to start an organic garden in a small way to begin with.  Check this out:

Isn’t that neat?

Teach

The teach section is for authors who want to create video’s for sale on the website and to make money online by selling these video’s. As I mentioned above, you have full control over how much you want to sell your video for. The only restriction is that your price is determined by the number of credits it is. Each credit is $0.99, so if you wanted to sell your video for around $5, you would charge 5 credits which would be $4.95 per video sold. If 100 people viewed the video, that would be an extra $495 in your pocket right there.

The teaching section also has a bunch of resources that teach you how to make MindBites video’s. Here’s an example one:

Community

The site also features a community section with a forum and a way for people to register and request the types of video’s they would like to see made. Check out the wanted section for video’s people have already requested. Maybe you’ll find something you know how to do and you can get started on making money online with your first MindBite.

What I Really Like About This Idea

About five or six years ago I had this idea of creating a website where ordinary people could capture something that they know how to do that most people don’t know how to do and sell it online. At the time my idea was to make a website where people could create eBook reports of their particular skill and then sell them to others. I did a bit of brainstorming on the idea and even registered a domain for it. I never did get the project off the ground as I was busy working on so many other projects at my job, but I always thought it was a solid idea.

At that time it wasn’t very easy to create online video’s and things like YouTube and Flip Video camera’s weren’t things many people knew anything about. However, with today’s technology I think that the idea of using video as a medium for sharing the wisdom hidden in ordinary people’s heads is brilliant.

I don’t think I have ever met a single person in my life that didn’t know how to do something interesting that most other people don’t know. Of course most people probably take what they know for granted, so they may not be aware of the fact that they know things that most people don’t, but if they really sit down and think about it I’m sure everyone could come up with a few dozen video’s to share with the world.

Suggestions For Improvements

As much as my first impression of the MindBites site is very good, I do have one strong suggestion for the creators of this site.

Here’s what I think they could improve on:

Affiliate Program – This site could have HUGE potential for an affiliate program. For example, let’s say that I visit the MindBites website and participate in the community and I find out that someone is looking for a video on dog training. Well, if MindBites had an affiliate program, and I knew a friend of mine that was a dog trainer, I could send a link to the MindBites site to my friend and if he registers and creates video’s that make money for him and the site, I could earn an affiliate commission.

Having an affiliate program like this, where Bloggers or Affiliate Marketers can promote the site to people and then earn a small % of all the earnings created by the people who they refer to the site could totally make this website explode with content.

Final Words

What do you guys think of the idea behind this site? Are any of you going to try making money online by creating MindBites?

For some reason I really like this site and I might sit down and brainstorm some ideas to create some lessons on something to see just how much money can be made with this site.

Click Here to Visit the MindBites Site