Are you sick of your nine to five job? Are you tired of doing the same boring tasks every day, and wish to work on what you love? Well, here’s some good news for you. Yes, you can! And the icing on that cake is that you do not have to spend a single dime to do that.
So, how do you convert your passion or a hobby into a great source of income? Let us see.
Right. So you know what you like doing. It may be writing, reading, watching movies, listening to music, photography, or any of the regular things that normal blokes like doing. But before you start asking people for money in return for what you like doing (and getting garbage thrown at your face instead), you need to have a plan of attack.
Making money from the comfort of your home does require some essentials. At the very least, you will need an internet-enabled computer or a smartphone. If you do not have either, you’ll need to get out of your comfort zone and hunt for a cybercafe.Either way, you’ll find that most of the time, the source of your earnings will be online.
Next up, you will need to organizeyour finances. If your bank supports online banking and / or a payment gateway, you will need to set it up and get the details ready. You can also opt for some other third-party payment gateways like PayPal. PayPal is probably the easiest payment gateway to setup and it has support across many countries. It is also integrated by many websites where you will be selling products related to your passion, which makes it aneven more attractive option.
Once you complete these tasks, you are ready to start earning! However, that’s not all there is to it. You need market research, because you are entering into the world of business.
“Where do I start?”
This is probably the number one question asked by new sellers. The trick is to find what others with passions or hobbies which are similar to yours, are doing. And how do you find that? Google.
Search engines like Google are your first point of contact with the online world. So, make use of one and start searching. Use terms such as “How do I earn money from…” and replace the three dots with your skill. Soon you will get some results or articles which have a wealth of information about getting started.
These articles may contain links to other websites where you can register an account. For example, if you are into photography, you may want to search “Making money from stock photos”. The results will include websites such as 123RF and Shutterstock.
But wait! Do not just start opening accounts on all such websites without performing some background checks. You can do this by searching for terms such as “123RF review”. This will bring up results from other websites where your target website has been reviewed by other people. If you are smart enough, you’ll be quick to find any fishy business going on and stay away, find a solution or move on to some other website.
Usually, these websites display your skills or products to potential customers from all over the world, thus increasing your reach. In return, they either take a percentage of your revenue, or charge you a subscription fee. This is different for each website, and you need to check which option is suitable for you.
You could also try LinkedIn, where professional contacts in your network can get your lucrativecontracts.
Anyway, researching in this manner can get you another important insight. It will help you find out what other people are charging for the skills that you have. This will give you leverage in pricing your own skills and to come up with unique selling points which makes your skill worth more.
At this stage, you should be ready to attract customers to buy your products, whether they are reviews of movies or music, articles, blogs, photos or anything else you can sell. This is where the bubble pops for so many people. You must work hard to get customers to buy your stuff.
Just because you make something incredible and put it on display does not mean people will buy it out of awe. The competition is tough, and customersoften try to bargain for a better price. You need to negotiate and hustle daily until you outperform your competitors.
Still, it should not be that hard especially because you would be working on what you love, instead of loving what you work, for free and from your own home. What more could you ask for?