If you missed the first two episodes from this series called Pursuing Your Passion where I cover how you can go about finding, monetizing, scaling your passion, as well as living your passion with intention. Be sure to go back and listen.
Today, I’ll be talking about monetizing your passion.
Once you’ve identified the practical skills behind your passion pursuit, you can consider having it make money for you. The really cool thing about any kind of specialized interest is that there are other people out there who share that interest. When your interest is really unique, it can be a very niche market but those people are also often very involved in their unique interests. But even if your passion is in a more general arena, there are ways to make money from it.
Find a Job
Since you’ve already done some research on job descriptions that relate to your passion, you can look further into those descriptions to see the kinds of companies that hire those people. If you are able to secure a job and use your career to pursue your passion, kudos! Many people aren’t able to work in an area they’re passionate about and you should fully enjoy and appreciate this opportunity. If you don’t find a job right away, consider volunteering for an organization. You could support a positive cause while doing something you love.
Start a Membership Website/List
Many experts create websites or email lists where they share information on a regular basis for a monthly fee. If you enjoy flying and building kites, you could consider creating a membership list where you email members weekly tips on how to build better kites. Membership programs are great because they create income that comes in on a regular basis. As long as you continue to provide valuable information and good service to the members of your list, you’ll have a steady stream of income. One way to get subscribers for your list is by attending those events, festivals and conferences mentioned in this series. You can request people’s email addresses and find out if they’d be interested in signing up.
Create a Blog
Blogging is very popular and can be a great way to share your knowledge and passion while making money from it. With a blog you can make money promoting products, selling ad space or selling products. Plus, by blogging about something, you get the opportunity to showcase your knowledge and discuss your passion.
There are many other ways to monetize your passion from coaching and consulting to developing information products to sell. Focus on one at a time and before you know it, you will have several service or product offerings possibly making money for you.