How to Give FREE Advice and Make Money

Bette Daoust, Ph.D.

Visitors: 438

When is advice free and when should you charge for it?

A question is often asked as to when to charge for information. This is not an easy question to answer as it really depends on the situation. If you are doing a speech for non-profit, then your advice can be pro bono (at no cost). I would have no difficulty sharing my expertise with such an organization but I do draw the line when a profit organization asks for the same privileges. Non-profits are exactly what their name say, and even though they do have money to spend in some areas, some free advice is good. The advice, however, should be given through formal channels. You should ask to work with their board of directors to see what help they actually need and then offer your services.

Remember that each person in a non-profit also has a job in the community and may want to use your services or book you for an event as a speaker. The rule of thumb is to make sure you do not give the farm away when giving free advice. If you do, there is nothing more you can give to the business people in that organization. You should temper what you give so that the organization can move forward but watch out for those organizations that tend to ask more than you can give. It is the additional information that you can charge for.

There will always be a fine line between giving free information and being exploited. If you are exploited, you will know it and the experience will give you a bad taste for non-profit organizations. Not all organizations are run that way, give freely of your advice and make sure they use the information for what it is intended.

Bette Daoust, Ph. D. has been networking with others since leaving high school years ago. Realizing that no one really cared about what she did in life unless she had someone to tell and excite. She decided to find the best ways to get people’s attention, be creative in how she presented herself and products, getting people to know who she was, and being visible all the time. Her friends and colleagues have often dubbed her the “Networking Queen”. Blueprint for Networking Success: 150 ways to promote yourself is the first in this series. Blueprint for Branding Yourself: Another 150 ways to promote yourself is planned for release in 2005. For more information visit


Article Source:

Rate this Article: 
Great Advice On How To Make Money In The Stock Market
Rated 4 / 5
based on 5 votes

Related Articles:

How To Make A Living As A Writer - Or, Advice Your Mother Wouldn't Give You!

by: Rob Parnell (February 18, 2007) 
(Writing and Speaking)

Leadership Success - How To Make People Hear The Advice That You Give

by: Jason Osborn (March 27, 2007) 
(Self Improvement)

Make Money Online Free 7 Powerful Tips on How to Make Extra Money

by: Randy Roth (July 02, 2008) 
(Internet and Businesses Online/Internet Marketing)

Don't Give Up Free Money - A Look at Your Company's 401(K) Plan

by: Mike Rowan (August 06, 2008) 
(Investing/IRA 401k)

Make Money on eBay - When Do You Give Feedback?

by: Bob Hamilton (March 05, 2007) 
(Internet and Businesses Online)

Quickest Way to Make Money - Some Useful Advice

by: Jamie Hunter (November 04, 2008) 
(Finance/Wealth Building)

Make Money on eBay - Give Video Products a Try!

by: Bob Hamilton (March 30, 2007) 
(Internet and Businesses Online)

Advice on How Moms Can Make Money Online

by: Kelly M. Jones (June 23, 2008) 
(Home Based Business)

Some Advice For Those Who Want Make Money Online With Affiliate Marketing

by: Fabricio O Guerrero (July 09, 2008) 
(Internet and Businesses Online/Affiliate Revenue)

Great Advice On How To Make Money In The Stock Market

by: Carrie Westengate (May 12, 2012) 
(Finance/Personal Finance)