Top 10 Ways To Make Money On Clubhouse in 2021
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We have spoken to some people who claim to have made thousands of pounds from the app already including Shaa Wasmund MBE, but also outline some of the pitfalls of Clubhouse.
1. Investment
There are plenty of Dragon's Den-style rooms on Clubhouse moderated by celebrities, serial entrepreneurs and investors.
These include rooms with names like 'No BS Business 6-7-8-9 figures Scaling' and 'The roundtable – new trends, biz ideas & opportunities'.
2. Brand partnerships
For business owners there are several opportunities to connect with other entrepreneurs to create brand partnerships.
There are several networking rooms for entrepreneurs where you can propose this either by 'putting your hand up' to get up on stage and stating your proposal or by contacting entrepreneurs that are open to partnerships directly.
3. Sponsored rooms
If you have established yourself as a credible speaker or expert in your field, you may be sponsored by companies to create or attend a room where you are an expert on the panel.
4. Membership fee
Clubhouse 'clubs' are groups that members can create and join. They can be aligned to interests, such as 'entrepreneurship', 'media' or 'sports'.
They're not too dissimilar to Facebook groups but are, of course, audio-only.
5. AMA (Ask me anything)
If you're an expert in your field, you could create a room and charge people a fee for answering their personal or business questions.
The Clubhouse app doesn't yet have the ability to send and receive payments, but some moderators have accepted payments via the Cash App.
6. Networking
There are a plethora of experts on the Clubhouse app including small business owners, multimillionaire CEOs, tech giants and celebrities that you could approach through the rooms they created.
7. Become a panelist
Being invited on the 'stage' is possible for anyone. Morton explains: 'You can come and go from chat rooms as you like, and some discussions get quite heated so it's certainly not for everyone.
8. Charge an 'entrance' fee
This feature is not yet available, but the creators are considering giving moderators the ability to charge people for attending the room.
How much someone could charge in terms of an entrance fee is not yet clear, but this would depend on the popularity of the moderators and the topic.
9. Talk about your product/service
If you're an entrepreneur with a product or service, you could talk about it and the value it offers in the rooms and clubs that you join on Clubhouse.
But be careful not to make it all about you or to make the discussion constantly about your sell because you don't have a captive audience.
10. Tips
Tipping may be possible through the Clubhouse app soon. But tips won't be guaranteed – it would all depend on the value you gave during your talk.
11. Content creation
Writing clubhouse bios that can help members to promote their products or services and help to ramp up their following is another potential earner for those qualified in copy-writing.
12. Getting a grant
According to some reports, the founders are keen on introducing a grant program to support emerging creators on the app.
It's not the first time that a social media networking site has ring-fenced funds to help start-ups.
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Top 10 Ways To Make Money On Clubhouse in 2021
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