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10 Steps to Turn Your Passion Into Money

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https://www.huffpost.com/entry/10-steps-to-turn-your-pas_b_6970760

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10 Steps to Turn Your Passion Into Money
There can be no joy in living without joy in work. - St. Thomas Aquinas Chances are, you hate your job. Forbes reports more than half of Americans are unhappy with their work lives. Every day, we're commuting to places we associate with anxiety or boredom.

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Identify What You Love to Do

If you weren’t dealing with your job every day, what would you be doing instead?  Any activities you can dream of can be turned into a money-making venture.

If you’re still not s...

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Do It For Free

Before charging people money, do what you love for free for quite a while. 

Doing the work without worrying about turning your passion into a business right away will help you hon...

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Combine Passion With Skills

Figure out how to create your own success tool kit /secret sauce made up of all the different skills and experiences that only you have. This is what will make you stand out and keep your se...

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Determine Your Ideal Client

Spend some time researching the needs, interests, and preferences of your ideal client. Then brainstorm ways to help them.

Think about your ideal customer. What’s their lifestyle like?...

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Make Connections

There are plenty of cheap and easy ways to expand your circle and attract people who share your interests.

For example, if you want to write about food, start a food blog and get on socia...

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Do It For Cheap

When you reach out to paying clients, you’ll be able to present the free work that you did as a sample or a portfolio. For a job that’s service-based, make sure you get references to help you mo...

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What Works and What Doesn’t

Take notes as you gain practice and experience; learn from both mistakes and successes.

Maybe you’ve found that the blog you’re keeping for your budding photography business isn’t gaining ...

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Note What You Like and Don’t Like

Don’t get stuck in a rut just because it’s the path of least resistance. It’s okay to adjust and shift gears as you go.

Maybe you thought you’d like taking wedding photographs, but the hou...

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Simplify Your Message

In order to get the word out, refine your elevator pitch. Think about including not only what you do, but why you do it.

Your “speech” should sound like a friendly conversation that t...

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Follow a Pro

Take a look at the people you admire who are doing the work you want to be doing. What’s their strategy? How do they do it?

There’s no need to reinvent the wheel, Copy strategy, but make ...

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Don’t Quit Your Day Job Too Early

A day job can help fund your new venture until you start making real money, which takes the pressure off your passion project.

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SIMILAR ARTICLES & IDEAS:

Identify your interests

Just about anything that you love to do can be turned into a profitable career. The key to identifying your interest areas is figuring out what you would do had you not been doing the job you ha...

Do it free

Before charging money, it is recommended that you give people a taste of your services first if you want to turn your passion into profit.

For instance, if its photography, just offer to take photos for relatives for free. Surely, they would like to save money. This is how you establish yourself and prove your mettle to your potential clients.

Build a combination of skills

You should be able to combine your chief interests with the other skills that you might possess.

If you are let’s say, planning to sell cakes, what is that other thing you are good at along with being a great baker? If you are also good at digital marketing, you can blog about baking practices.

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It takes more than just passion

Make sure that you’re actually good at what you do. 

Ask yourself if you’re willing to put in the hard work and if there is a market for you to tap into. Even if it’s just t...

How can you make something better

Let’s say that your passion is playing the guitar. What void can you fill in that marketplace? For example, if you can repair guitars and realize that there isn’t a repair shop anywhere else around, that could be a business opportunity.

You also need to ask yourself how you can make the industry better.

Ways to monetize each passion

Think of all the various ways that you can actually make money off your passion. This may include:

  • Selling an actual product.
  • Sharing your knowledge about your passion by blogging, writing books or filming videos. 
  • Offering advice as a consultant in anything from accounting to gardening.
  • Becoming an investor in an idea that you’re willing to financially support.
  • Inventing a gadget or software that makes life easier for people. 
  • Building an event around your passion, such as a festival or community organization.

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The value of solid writing skills

  • Being a good writer helps you stand out from the crowd.
  • Repeated writing mistakes affect your reputation and credibility in the future.
  • Your writing is ...

Kurt Vonnegut

Kurt Vonnegut

"Why should you examine your writing style with the idea of improving it? Do so as a mark of respect for your readers, whatever you’re writing.

The “5 Ws + H” method

... for establishing what and how you will write:

  • Who: Who is my audience?
  • What: What do they need to know?
  • When: When does this apply, when did this happen, or when do they need to know it by?
  • Where: Where is this happening?
  • Why: Why do they need this information?
  • How: How should they use this information?

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Your Product

Consider why people come to you for advice. What information do you possess that can be refreshed, repackaged, remodeled, reinvented and rebranded?

Think of at least 20 ways you can of...

Your Promotion Plan

  • Create a portfolio by putting together samples of your work. If you’re a baker, create samples to share with others. 
  • Don’t be afraid to give away free services or products. People want to get to know, like and trust you before they buy from you. 
  • Secure your business name, get business cards, and start thinking about your website. 

Your Platform

Who do you see buying your product or service? 

Create a client avatar: give them a name, age and personal style. Consider what they read, where they go, who they spend time with, and what they value. 

Network with people daily and let them know what you’re doing. You can do this easily with online social platforms like Facebook, Twitter, LinkedIn, Pinterest and Instagram.

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Passionate vs. standard workers

Passionate vs. standard workers

There is one truth that applies to everybody and to all fields: passion leads to meaningful results.

Passion is also what makes the difference between employees: while a standard emplo...

Discover your passion

In order to be able to be happy, one should do what he or she likes as work. However, not always what we are drawn to can bring us money.

If you are willing to pursue your hobby and make profit out of it, you should first make sure that doing what you like can actually help you live a decent life. Therefore, if you do have a hobby, you might want to consider checking out if there is a real market for it. For almost everything that is well presented there can be a market. So go on and take your chance!

Decide on a field

Once you have committed to turning your passion into something profitable, the next step is to carefully research the options: check if there is a real demand for your offer, have a a look at what competition has to offer, etc.

Furthermore, maybe the most important is to find ways to innovate. This way, you will develop your competitive spirit and gain clients while learning to become better in the chosen field.

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Passion

Passion is not something you discover. 

Passions tend to be developed. It’s not just about being intense about what you’re doing but waking up week after week, month after month, ...

Clear out the distractions

One reason you may not know your passion: you haven’t given yourself the time and space to pursue it. 

Reflect on how you’re using your time, and whether or not you want to be distracted by these temptations.

Think of a passion as like an internship

Most internships serve as a trial run for a job — while you’re acquiring skills and knowledge, you’re also trying to see if you want to commit. 

Just like an internship, a passion is something you learn by doing. It takes experience; it takes trial and error.

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Desire

We always work the hardest for the things we are most passionate about.

Choose your destiny and invest yourself in those fields that most interest you. 

Don't become an expert at the familiar

This type of comfort breeds something lazy in us and we only do what is expected of us, but do not go beyond. 

Crave what is new and unexplored, and fearlessly pursue those areas. 

Choose to excel

Effort counts twice as much as genius or talent.

Commit to being a person who wants to be more, do more, and consistently test the limits of your capacity. Embrace the responsibility and enjoy the freedom that comes with it.

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The Rush of Motivation

During the first week of the new year, there is a rush of motivated people who want to achieve their respective self-improvement goals. But then all this rush always tapers off, with only about 8 %...

Procrastinating

Procrastination, or the way we let pending tasks linger on, just avoiding them, is one of the main reasons our goals don't materialize.

The longer any work is avoided the harder it becomes to eventually do it.

Like dishes piling up in the kitchen sink, they get harder and harder to do as the load increases.

Fear as the Cause of Inaction

Fear causes us to procrastinate. It can be:

  • Fear of change
  • Fear of leaving our comfort zone
  • Fear of the unknown
  • Fear of failure
  • Fear of what other people would think of us

We justify these fears by imaginary different reasons, but the root cause is not related to our invented reasons, it is our inherent fear.

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