Whether you are between jobs or just looking, for extra income, you may be able to profit from things you already love to do. With a little bit of planning and some research, you can turn your favorite hobby into a lucrative #business. There are many ways to turn your passion into cash, and these ideas can help you get started.
#1- Become an eBay #Entrepreneur
If you love to go to yard sales and flea markets, why not sell your top finds on eBay and other online auction sites? If you have an eye for value and a knack for spotting antiques, you could turn that old painting or set of dishes into cold hard cash.
You might want to spend some time doing your homework and researching what sells well on eBay. Antiques and collectibles can be hot sellers, but so can items in a number of other categories, from vintage electronics and video games to sports and exercise equipment.
#2 - Make and Sell Your Favorite Crafts
If you love to make crafts, you can turn the finished product into extra money or even a reliable part-time income. Websites like Etsy allow craftspeople to share their wares with the world and make a tidy sum in the process. Local craft shows and flea markets also provide a great outlet for crafty people to make some extra money.
Be sure to keep track of all your income and expenses, even if you are not formally in the craft selling business. You will have to pay taxes on any profits you make, but you can write off the cost of supplies, as well as booth fees and commissions for craft shows and online sites
#3- Grab Your Camera
If photography is your passion, consider making it into a formal business Photographers have a number of ways to turn their hobbies into cash. If you love shooting action shots at your kid's soccer games, try sharing your favorite shots with the other parents and selling framed prints. If you have a knack for candid shots and a thing for romance, you might have a future as a wedding, photographer. If you love hiking and enjoy nature, try selling framed animal prints at local art shows.
You can also sell stock photography on the web through a number of different websites. These sites are best suited to experienced photographers, but if you are willing to learn you could make a steady income for all your hard work.
#4- Let Your Inner Author Out
If you have always wanted to write a book but feared the publishing industry, fret no more. The age of self-publishing is here, and sites like Amazon now allow virtually anyone to become a published author. The amount of money you can make will vary based on a number of factors, from your ability to market your work to the popularity of the subject matter you write about. Many successful self-published authors use social media and real-world networks to market their books. Others provide teaser chapters and free short stories to those on their mailing lists. The choice is up to you, but if you have always wanted to claim the author mantle now you can.
#5 -Help Tourists Find Their Way
If you live in a popular tourist destination, you may be able to profit from your inside information by working as a tour guide. Modern travelers are looking for unique experiences and they are willing to pay for the privilege. From culinary tours to inside information about TV and movie shoot locations, the guide services you provide can be very valuable.
You can get the word out online through blogs and travel sites, or work directly with hotel concierges and similar insiders. It may take some time to build up a following, but word-of-mouth can help you keep the business going.
#6 - Tutoring
If you have a teaching background, you can put it to work through formal and informal tutoring gigs. From helping parents prepare their offspring for standardized tests to assisting college students with their study habits, there are many ways to put your teaching experience to good use.
You can start by reaching out to the staff at local schools and colleges and asking for recommendations and referrals. You can also post notices on bulletin boards and advertise in the college newspaper.