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How To Generate Income From Doing What You Love

How To Generate Income From Doing What You Love

Everybody says at one point or another that you should do what you love. If money were no issue (which it shouldn’t be), people would just do what they wanted all the time. But is there not a way to combine the two and make your passion your main income stream? I tend to believe that there is.

There are multiple ways to create a viable income through what you love to do. And if you go down the rabbit hole of trying to monetize your passion and come out of it dissatisfied, then it might not have been what you really wanted in the first place. You’ll never truly know until you try.

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Here are 4 ways to generate income from your muse.

1. Get good at it (or great)

Keep in mind that you don’t need to be an expert — you just need to be more knowledgeable than 80% of the niche market you’re targeting. If you want to be a physical trainer, you probably want to try out multiple methods of lifting (you should also ensure that you look the part by being in great shape). If it’s a specific field, read 4 to 5 books on the subject, then try your best to regurgitate the knowledge you retained in your own light. Once you reach this level, your knowledge will become a valuable commodity.

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2. Teach others your passion

Webinars, online courses, in-person coaching — anything that you love can be taught to other people who have the same passion. You can charge a premium if it is something truly niche and you get to be surrounded by a community of people who share your interests.

3. Write an e-book/tutorial

If you don’t want teaching to take up too much of your time, consolidate what you know into writing a quality book that can teach others or show others the passion you have. This option has the added benefit of being passive in creating income.

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4. If what you love is creating a product, sell that product

This one is a no-brainer. If you make paintings, sell those paintings. If you make music or write or build custom chairs and tables, create like crazy and spread them out into the world (for a fee of course).

While these are all simple ideas to get you started, keep in mind that if what you want is to truly follow your passion, then you will do it in spite of the money. The income will be an added bonus, a reward for taking your passion to a whole other level. Your muse should be there no matter if money is being made from it or not.

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A quick side note that’s actually really important is this: make sure to discover your niche market first before you go off selling to the world. You need to address the people you are targeting, figure out a problem they have in their life, and find some way to solve that problem. For example, if you know of multiple 40-year-old men who no longer enjoy their careers and want out of the rat race, make something that could alleviate that pain, such as an e-book or online coaching for how to do just that. As for art, such as music and wooden furniture, there isn’t necessarily a problem you are solving, but maybe there is an absence in somebody’s home, a void that can be filled by your creation. Just make sure that the target audience for your gift is well defined so that it doesn’t get lost in the land of generic products.

Keep trying to pursue your dreams! Best of luck!

Featured photo credit: Bench Accounting via unsplash.com

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How To Generate Income From Doing What You Love

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Last Updated on March 24, 2021

8 Smart Home Gadgets You Need in Your House

8 Smart Home Gadgets You Need in Your House

We’ve all done it. We’ve gone out and bought useless gadgets that we don’t really need, just because they seemed really cool at the time. Then, we are stuck with a bunch of junk, and end up tossing it or trying to sell it on Ebay.

On the other hand, there are some pretty awesome tech inventions that are actually useful. For instance, many of the latest home gadgets do some of your work for you, from adjusting the home thermostat to locking your front door. And, if used as designed, these tools should really help to make your life a lot easier—and that’s not just a claim from some infomercial trying to sell you yet another useless gadget.

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Take a look at some of the most popular “smart gadgets” on the market:

1. Smart Door Locks

A smart lock lets you lock and unlock your doors by using your smartphone, a special key fob, or biometrics. These locks are keyless, and much more difficult for intruders to break into, making your home a lot safer. You can even use a special app to let people into your home if you are not there to greet them.

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2. Smart Kitchen Tools

Wouldn’t you just love to have a pot of coffee waiting for you when you get home from work? What about a “smart pan” that tells you exactly when you need to flip that omelet? From meat thermometers to kitchen scales, you’ll find a variety of “smart” gadgets designed to make culinary geeks salivate.

3. Mini Home Speaker Play:1

If you love big sound, but hate how much space big speakers take up, and if you want a stereo system that is no bigger than your fist, check out the Play:1 mini speaker. All you have to do is plug it in, connect, and then you can stream without worrying about any interruptions or interface. You can even add onto it, and have different music playing in different rooms.

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4. Wi-Fi Security Cameras

These are the latest in home security, and they connect to the Wi-Fi in your home. You can use your mobile devices to monitor what is going on in your home at all times, no matter where you are. Options include motion sensors, two-way audio, and different recording options.

5. Nest Thermostat

This is a thermostat that lives with you. It can sense seasonal changes, temperature changes, etc., and it will adjust itself automatically. You will never have to fiddle with a thermostat dial or keypad again, because this one basically does all of the work for you. It can also help you to save as much as 12% on heating bills, and 15% on cooling bills.

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6. Smart Lighting

Control your home lighting from your remote device. This is great if you are out and want to make sure that there are some lights on. It is designed to be energy efficient, so it will pay for itself over time because you won’t have to spend so much on your monthly energy bills.

7. Google Chromecast Ultra

Whether you love movies, television shows, music, etc., you can stream it all using Google Chromecast Ultra. Stream all of the entertainment you love in up to 4K UHD and HDR, for just $69 monthly.

8. Canary

This home security system will automatically contact emergency services when they are needed. This system offers both video and audio surveillance, so there will be evidence if there are any break-ins on your property. You can also use it to check up on what’s happening at home when you are not there, including to make sure the kids are doing their homework.

Featured photo credit: Karolina via kaboompics.com

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