back to top

6 Simple (and Realistic) Ways to Turn Your Life’s Passion Into Profit

Just about everyone has that one thing they’re truly passionate about. You might love travel, art, or writing — and for many people, these kinds of activities remain as nothing more than hobbies. But for those with a more entrepreneurial mindset, those same activities that you enjoy in your free time can easily be turned into a profitable business of your own.

Posted on

Everyone's Passionate About Something

While not everyone will go on to start a Fortune 500 company simply by developing their passion into a business idea, with the right approach, you can turn your interests into a money-making endeavor that also brings a lot more satisfaction than the typical nine-to-five job. Without further ado, here are six ways you can start making a profit from your life’s passion:

1) Use New Distribution Methods

Unsplash / Via

We’re long past the days when you had to rent a brick-and-mortar store to run a business. These days, turning a profit is as simple as monetizing a YouTube channel or setting up an Etsy or Shopify store where you can sell your handmade products.

Taking advantage of online channels is an easy way to bring in extra money without all the overhead costs normally associated with starting a business. With subscription boxes and other unique distribution methods, it’s never been easier to get your product to the customer.

2) Find Your Niche

Pexels / Via

If you really wish to turn a profit, you can’t assume that your passion alone is going to get you through. You need to identify a unique niche that is attractive to potential customers. “You should never invest your own time and money in an area that doesn’t have any demand, no matter how much you love it,” says Jason Bliss, co-founder of Healthy Living Network.

“Research the market first so you know where you can fit into the bigger picture.” For Bliss, a passion for helping others translated to developing a home healthcare system for senior citizens — a niche with ever-growing demand.

3) Get Social

Unsplash / Via

Social media is a great way to spread the word about your new business, but for some people, social media is much more than that: it’s their main platform. A YouTube channel or attractive Instagram feed are a great way to build a loyal following who will help fuel your dreams.

For example, fitness entrepreneur Cassie Ho has not only racked up over 4 million subscribers for her YouTube channel Blogilates, she’s also used this success to launch her own clothing line and achieve a six-figure income through the YouTube partners program. Others even make a living doing product reviews. An affable social media presence can easily turn your passion into a profit.

4) Embrace Automation and Outsourcing

Pexels / Via

You may have incredible expertise in your area of interest, but chances are you don’t know everything about running a successful business. That’s okay. With a bit of humility — namely, a willingness to get help from others — you can get past these obstacles without any problem.

Using automation tools or even outsourcing some of the more mundane tasks associated with running your side hustle will keep you from getting burned out and give you more time for the parts you love about your job. Automation can handle everything from payment processing to generic email responses, so don’t hesitate to take advantage of it.

5) Share Your Knowledge

Unsplash / Via

You’re not the only one passionate about books or fitness or movies (or whatever else it is that you love). So why not share your knowledge with others? Email newsletters or insightful blog posts are a great way to build a following of like-minded individuals.

Sure, not everyone will end up paying for your product or service, but sharing high-value content is one of the best ways to build trust and credibility for your growing brand. That audience trust will lead to word of mouth sharing that will naturally grow your sales numbers.

6) Start Today

Unsplash / Via

Far too many people miss out on the opportunity to turn their life’s passion into a profit simply because they’re not willing to start trying now. You may not feel like you know enough to start a YouTube channel or an Etsy shop — but you can learn.

You might be worried about how devoting time to your side hustle will impact your nights and weekends — but if it’s something you truly love, then that time will be enjoyable and feel worthwhile.

As with any life changing habit, you can’t sit around and “wait for the right moment.” You need to start now. This way, you’ll put yourself in the right position to actually launch your passion-fueled business, and not just dream about it.

Chase Your Dreams

When you pursue work you’re truly passionate about, you don’t just gain the motivation and grit needed to succeed in the entrepreneurial world. You can also improve your psychological well-being and become a happier, more satisfied person.

Whether you use your passion as a side hustle or a full-time business, having the courage to chase your dreams will make a huge difference in your life.

This post was created by a member of BuzzFeed Community, where anyone can post awesome lists and creations. Learn more or post your buzz!