I've listed turning your hobby into an income as one of my top ideas for making more money. So when I saw this post on three easy steps to make extra cash from your hobbies, I had to comment on it. They list the following three questions you should answer as you seek to turn your hobby into an income:
- Question One: What activities do I enjoy doing, which I'm also good at?
- Question Two: What have you paid for when enjoying this hobby?
- Question Three: What product could you make, or what service could you offer to others?
They provide a lot of details/potential answers as well, so this is a nice resource for those of you looking to earn some extra money through a hobby.
For those of you interested, this is kind of what I did when I started writing for money. The only difference is that it wasn't really a hobby when I started -- it was more of an accident (I wrote one piece, got a check I didn't expect, and saw that I could make money -- so it became a hobby!) ;-)
And I'm not the only one. here are a few examples of how people turned hobbies into incomes:
When you turn a hobby into a business it ceases being a hobby.
Be careful. You may end up hating what you used to love.
Posted by: MasterPo | January 22, 2009 at 12:14 AM