How To Generate Passive Revenue From Your Hobbies
Have you ever wanted to make money while doing the things you love to do in your free time?
No matter what you’re into, from photography to creative writing, there are many ways that you can rake in a little profit from partaking in your favorite pastimes.
Remember, this isn’t meant to completely replace your regular 9-5 job, but it’s an opportunity to make a little bit of extra income, and what better way to make some than by enjoying yourself in the process?
Consider Streaming
Streaming platforms like Twitch, Smashcast, and YouNow are great avenues for showcasing your gaming or crafting talents for a potentially wide audience. If you become an Affiliate or a Partner, you can then earn some income when your fans donate or send you “bits” on the platform.
You don’t necessarily have to become a Partner or Affiliate to earn money, however. You can also set up a Patreon and make up different tiers so that people can pay a comfortable amount per month.
It can be difficult to get started, and for some, it may be a daunting venture. The key to success when it comes to streaming is just to be yourself, as that is what these platforms were built for. Not only will you be able to make some extra income, but you might also end up making some online friends.
Turn Your Instagram-worthy Pics Into Art
If you’ve got an eye for photography, which is a lot easier these days thanks to the advancements of smartphones, you can turn your skills into a profitable business!
Start by creating an online portfolio of your best shots. You can do this by creating your own website and setting up a system through which your customers can buy different-sized prints of your work.
You can also go down the stock photo route and feature your stuff on Adobe Stock or Alamy. Whichever avenue you decide to go through, just be sure to add watermarks to your photos so that everyone knows that you are the one who captured such beautiful shots.
Start A Blog
There are so many different kinds of blogs out there on a variety of different topics that cater to different niches all around the Internet. If you’ve got something to contribute on a topic that you’re passionate about, you can easily turn writing into some extra cash.
If there are products that you like to use that fit the niche for you and your audience, you can get into affiliate marketing, which is when you get a referral commission by talking about the product or service on your blog.
If starting your own blog isn’t quite your style, you can always look into contributing to existing blogs by offering your services on freelancing sites like Upwork. Once you get a couple of links to your own work in your portfolio, you’ll be fielding invitations to write on other blogs before you know it.
Incorporating “fun” into your work
The main principle behind monetizing your hobbies should be because you want to share your passions and services with others. You’ll be more likely to find success in this venture if you’re willing to be engaging and inspiring others to give your hobbies and crafts a try.
Whether it be selling your DIY projects on Etsy or shouting in joy in a sound-proof room whilst playing on your favorite gaming console, it has become easier than ever to share your love for your hobbies with the world and gaining something from it in the process. Even if you don’t make a lot of money right away, the experience in and of itself can be worthwhile to spice up your life.
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