How many people can wake up in the morning and, instead of joining the flood of traffic headed into the corporate world, focus on doing just what they love? If you're not already rich enough to enjoy your hobbies, you might consider a way to let your hobbies make you rich!
It's amazing how many people stumbled on their dreams just by accidentally profiting from their hobbies. You may need to do a little bit of research to see where the profits lie in regards to your particular hobby.
With some hobbies, the way to make money might be obvious. Crafts can be sold for a profit if they're unique and the public is willing to pay for it. But what if your hobby is knitting? Will anyone actually pay for the sweaters and scarves you create?
You have to start your quest for information by going to the king of all search engines – Google. When you get to Google, type in the name of your hobby. If I enter knitting, I find a list of results form Google, but on the right side of the screen is a list of ads.
Click on those ads to find out other people are profiting from that hobby. When I do this, I see several results. Some are for online magazines people sell subscriptions to, or newsletters where they can read knitting tips and stories.
Other results in the ad section are for dyes to dye the yarn, or the yarn itself. Supplies people buy for their knitting hobby can be a goldmine of profits for you. You may not be selling the results of your hobby directly, but your expertise plays an important role because the buying public trusts you to sell them quality materials.
You can go to a keyword tool to find out what people are searching for within your hobby, and then create a business out of those searches. Download a free keyword tool like Good Keywords and use it to see how the public searches within that niche.
When I do this and search for knitting, I find out many people are seeking knitting instructions, knitting machines, knitting supplies, knitting books, and knitting stores on the 'net.
You could open an online store that sells knitting patterns, knitting needles, yarn, dyes, and projects and even make money teaching your hobby to others with the same interests but less skill than you possess. Making money from your hobby is not hard. You just have to find out how the masses need your expertise and then charge for it to consumers willing to pay.