Wednesday, 31 July 2013

Make Your Hobby a Money-Making Career

Who doesn’t like to do what they love doing and at the same time earn money from it.  Some people may find it impossible and disagree but believe that it can happen.

You can actually make this happen, it is very possible to make money as a photographer, a writer, a crafter, or whatever it is that you enjoy.

All you got to do is start thinking like an entrepreneur and turn your hobby into a different light.

Below are some advices that can help you move towards money making while actually doing what you enjoy.

Look at things differently.

If what you are creating now isn’t exactly what the people are looking for or something they would pay for, think of ideas and create a similar product or use your skills in a slightly different way, one that is more marketable.

One people will pay for.

In one case for instance, you are very passionate about taking photos of flowers but who would want to buy them, but people might pay you to take portraits of them, their children or perhaps a wedding.

You love writing poetry but you cannot earn a paycheck for it but small businesses will perhaps hire you to write creative copy for their website.

There are marketable sides in your hobby just try to figure it out and be creative.

Be flexible.

As soon as you are aware of how the hobby could earn you a paycheck next step is you have to be willing to practice your skill in that way.

Selling out is out of the question but figuring out how to make a living doing what you love.

Even if shooting wedding photos is not really your true passion but photographing flowers, you might have to consider it once in a while.

And while this is all happening, you making money out of covering wedding photos, you got to improve your skills and broaden your network in the course then you can work toward finding or creating an audience for your flower photographs.

It doesn’t mean that making money from your hobby will never bore you some time so it is better to be flexible and give a little to be able to get a lot back.

Be willing to sell.

Money will not come to you unless you sell your products and yourself as well.

So if you have doubts and not willing to do it then do not pursue the dream and leave it once.

Some people do not enjoy selling more especially those who consider themselves as artists or creative but it is definitely important component to making a living off your hobby.  Remember you can not rely to anyone because no one is going to do this for you.

Stop feeling guilty and learn to sell yourself.

No one is going to hate you for trying to make money as long as you do this in a very decent way.

People will actually going to respect and admire you for thinking outside the box.

Get out there and promote.

Simple logic, no one will buy from you if in the first place they were not informed about your product and what you had to offer.

You need to spend time in promotion.

The most practical, cheapest, modern and most popular way to promote yourself is trough growing a blog.

It would be very helpful to show your value so people actually want to pay you for whatever you offer, without you having to beg them.

It will be more excellent if you provide great value online, it will display quickly because blog posts are easy to share, and you’ll benefit from search engine traffic, too.

Don’t make the mistake of hosting your blog on a site that’s different from where you’re selling if you’re blogging to turn your hobby into a living.

People who come to your blog via search or social sharing will also see your paid work and hopefully convert into buyers if you sell in the same place where you offer free information.

Remember word of mouth is very powerful.

Figure out how to scale.

The problem with a lot of hobbies is they aren’t easily scalable.

Teach other people to do certain parts of the job so you can complete jobs more productively and without sacrificing quality

Grow a team of people to help so you can take on more clients while continuing to deliver high-quality work

we often want to do everything ourselves when it comes to a passion project so the tendency is  it will be a bit difficult to figure out what someone else can do for you.

However eventually you’ll likely identify ways other great people can help, so you can grow.

If you totally can’t cipher out how to scale, aspire to charge more for your services over time.

Putting more time on promotion will help you achieve this goal, since the more you and your work are in demand, the more you can increase your prices.

You just have to be creative about how you bring in the cash from your hobby.