What do you exactly mean? If you want to make money through your followers and friends on Twitter and Facebook, you should write interesting content for your blog and inform them about these and maybe they come to your blog and use your services or products. I hope i understood your meaning well.
There is a Twitter related forum where this question should be posted in for better advice. Even though at www.freelanceboard.info you can find offers to monetize with your Twitter account.
He means, You should have a website where you write interesting content that gets peoples attention. See Digg.com articles for example, and write content that drives an audience to your website, then you can make money: With advertising, or selling a product/service that you invent.
10k of followers.. Nice I would use the 10 thousand to attract more followers. Offering a service free would get more followers. Then when you have a healthy following of happy followers then is the time to monetize. PM and I will be glad to tell you what I did when I had 12k of new members in 2 days on a website I made.
put it this way, you have 10000 people you can advertise to. Join a CPA or PPC network and try to make money off of your list.