Mon 16 Nov 2015 | By:

5 Ways to Turn Your Passion Into Profit

5 Ways to Turn Your Passion Into ProfitAlmost everything in this age and day is possible, and that includes monetizing your passion.

But before you assume that what you’re interested in and what you’re always doing is passion, think again. Many people mistake a hobby as a passion, however, these two words are not synonymous.

A hobby is more of a leisure activity that keeps you entertained, a passion on the other hand is a strong interest in a specific craft. When you are passionate about something, you want to strengthen it, you want to spend most of your time doing it and mastering it.

Before turning your interests into a career and make it official via incorporation, you have to determine whether it’s a hobby or a passion. But if you’re 100% sure that it’s a passion, then here are 5 ways to make money out from it!


1) Create eBooks

Writing eBooks is a good way to earn money if you are able to get it in front of customers. Although it’s nice to go to the library and read, many people prefer to use their gadgets and read through their phones, tablets and computers.

So if you’re an expert in a field, for example in business, you can create a self-help guide for aspiring entrepreneurs. You not only make money, but you also get to share your thoughts on the matter and help people in the process.


2) Start a Blog

There are millions of existing blogs to date. And there’s a good reason why – a blog can be turned into a business.

If you love to write and you’re interested in a particular subject or topic, say for example the beauty, fitness, health, journalism and a lot more, you can write about them and share what you know. You not only get to enjoy what you love best, you are also able to receive generate revenue through advertisements or affiliate partners.

Although it’s not easy and requires a lot of work, starting a successful blog is possible with a bit of elbow grease and the right tools.


3) Start an Online Store

If you’re a budding entrepreneur by heart and you have a great passion for business, maybe you should look into starting an eCommerce store. You can sell services or products, but whatever it is, make sure that you know what you’re selling.

It’s easy to make an online store, you just have to find a platform where you can make a website (Startup Savant for instance uses Bluehost to host a WordPress website) find a payment method and place products or services in your site.

You can start marketing your business through search engine optimization, email marketing, Facebook, Twitter and any other social media sites.


4) Tutor Students

If you are an expert in a specific subject and are passionate about teaching, you can try tutoring students. There are surprisingly a good number of tutoring centers that will accept applicants.

Or, if you want to do it on your own, you can always market yourself and post ads in the community to look for students who need a little help with studying.


5) Make Videos and Upload Them to YouTube

YouTube is there for a reason, might as well take advantage of it. If you’re the type who enjoys making all sorts of videos and talking about your interests, you can turn that passion into profit.

Choose a topic of interest that will capture the attention of your audience. Create videos and upload them to YouTube. You’ll be able to make money through Google Adsense Ads. Patience is a virtue, because it may take time to establish a solid base of followers.


Wrapping Up and Starting Your Business

These are just some of the few things that you can do to earn money from your passion. Although I listed each of these options within a few paragraphs, please keep in mind that any passion being turned into a business requires a lot of hard work.

Although technology has made starting a business much easier, nothing will be handed to you. Do your research, create a solid plan of action, put in the time, and live passionately!

About Liesha Petrovich

Liesha is a small business owner of 20 years, host of Startup Savant, the owner of a karate dojo in Maine, and creator of Work Mobly. During free time she's with her family and working on a Doctorate in Entrepreneurship.