A hobby is perceived as an activity done regularly in one’s leisure time for pleasure. I am sure you have a hobby too. And you probably wondered how you could make your hobby into a business. But you have probably been told that your hobby is just a part time thing, and it will get you nowhere. Well, not anymore, let me show you how you can turn your hobby into a profitable business.
Understand The Potential Of Your Hobby
First of all, you have to understand what kind of potential your hobby has. What I am about to tell you might open your mind to new ideas and show you lots of ways you can make your hobby into a full-fledged business.
So what exactly is your hobby? Do yo like to draw or do you love reading books? Or maybe you have a nag for literature and poetry. No matter what your hobby is, it is a potential business waiting for you to jump in and capitalize.
Now the million dollar question is how do you turn your hobby into a business? It’s very simple. Actually, you have to build an audience who love what you love doing. It may sound a bit complicated but it is a lot easier than it looks. There are several ways you can building a following. With platforms like Youtube, Instagram, WordPress, Fiverr etc it’s only a matter of taking a few steps and putting your content out there for the world to see.
Capitalizing On Your Hobby
For this purposes of this guide, let’s say you love reading books and that’s your hobby. The best way to make this hobby into a business would be to start a review blog. You could write a review on each book you read and also do comparisons of the best books according to you. And make sure to build an Instagram account as it has become one of the top sources to build a solid following. Read my step by step guide on how to start a blog to make a blog that is guaranteed to succeed. Once your blog starts getting a good amount of traffic and you have a ton of reviews on your blog, you will be approached by tons of authors who will ask you to review their books.
Over time, you will reach a point where you will get paid for the reviews you publish on your blogs. It doesn’t end there, so if you are an avid reader you should already have a good understanding of how great novels are written. So, the next step would be to publish your own book! You are probably thinking, ‘Wait, what? Are you crazy? Why will any publication company publish my books?’ Say hello to your new best friend Kindle Direct Publishing. With KDP you can publish your own books in a matter of days. And since you already have a massive following from your book review blog, you will already have an audience for your books. Even if you don’t have a massive audience, Amazon will sell your books by themselves. And you will also get royalties from your books for the rest of your life.
Each and every hobby is different but you can start a blog for almost all of them. And you can monetize with Adsense, Amazon, CPA and even your own products!
Top 5 Platforms You Can Use To Turn Your Hobby Into A Business
WordPress is the ideal platform to create a blog with. It’s super simple and literally, anyone can do it. So if you want to start a blog for your hobby, WordPress is the best place to get started.
Youtubers make thousands of dollars every month and you too can be a Youtuber. If your hobby can be turned into a video then certainly consider making Youtube videos. Your videos can be DIY videos, rant or voiceovers. All of them can be turned into a profitable business.
Maybe your hobby is photography. Then Instagram is the perfect place to get started. Once you have a large enough following people will make offers to buy your pictures. Or maybe you are a painter, you can use Instagram to display your art.
Kindle Direct Publishing
Like I said in the above example, if you love writing then you will not get a better platform than KDP to publish your books. Heck, you can even be a New York Times Bestseller if you put in the work.
You can use Fiverr to make a business of almost anything. And I do mean anything. Just head over to Fiverr.com and check the top gigs, you will be surprised as to what kind of gigs are getting thousands of orders every day. You are probably thinking how will you make a business with $5 orders. Well, Fiverr isn’t what it used to be, you can charge any amount which is a multiple of 5.
There are of course a lot more ways you can turn your hobby into a profitable business. These are just my top five picks. If you want me to add more platforms just let me know in the comments. But I am sure after reading this article, you have a new perspective on how to pursue your hobbies. Don’t ever let anyone tell you that your hobby is worthless, it certainly is not. This is a new age where can make a business out of almost anything. If you have a hobby that you still confused about do let me know in the comments and I will try my best to show you how to make a business out of it too!