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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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Last Updated on January 21, 2020

The Best Way to Create a Vision for the Life You Want

The Best Way to Create a Vision for the Life You Want

Creating a vision for your life might seem like a frivolous, fantastical waste of time, but it’s not: creating a compelling vision of the life you want is actually one of the most effective strategies for achieving the life of your dreams. Perhaps the best way to look at the concept of a life vision is as a compass to help guide you to take the best actions and make the right choices that help propel you toward your best life.

your vision of where or who you want to be is the greatest asset you have

    Why You Need a Vision

    Experts and life success stories support the idea that with a vision in mind, you are more likely to succeed far beyond what you could otherwise achieve without a clear vision. Think of crafting your life vision as mapping a path to your personal and professional dreams. Life satisfaction and personal happiness are within reach. The harsh reality is that if you don’t develop your own vision, you’ll allow other people and circumstances to direct the course of your life.

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    How to Create Your Life Vision

    Don’t expect a clear and well-defined vision overnight—envisioning your life and determining the course you will follow requires time, and reflection. You need to cultivate vision and perspective, and you also need to apply logic and planning for the practical application of your vision. Your best vision blossoms from your dreams, hopes, and aspirations. It will resonate with your values and ideals, and will generate energy and enthusiasm to help strengthen your commitment to explore the possibilities of your life.

    What Do You Want?

    The question sounds deceptively simple, but it’s often the most difficult to answer. Allowing yourself to explore your deepest desires can be very frightening. You may also not think you have the time to consider something as fanciful as what you want out of life, but it’s important to remind yourself that a life of fulfillment does not usually happen by chance, but by design.

    It’s helpful to ask some thought-provoking questions to help you discover the possibilities of what you want out of life. Consider every aspect of your life, personal and professional, tangible and intangible. Contemplate all the important areas, family and friends, career and success, health and quality of life, spiritual connection and personal growth, and don’t forget about fun and enjoyment.

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    Some tips to guide you:

    • Remember to ask why you want certain things
    • Think about what you want, not on what you don’t want.
    • Give yourself permission to dream.
    • Be creative. Consider ideas that you never thought possible.
    • Focus on your wishes, not what others expect of you.

    Some questions to start your exploration:

    • What really matters to you in life? Not what should matter, what does matter.
    • What would you like to have more of in your life?
    • Set aside money for a moment; what do you want in your career?
    • What are your secret passions and dreams?
    • What would bring more joy and happiness into your life?
    • What do you want your relationships to be like?
    • What qualities would you like to develop?
    • What are your values? What issues do you care about?
    • What are your talents? What’s special about you?
    • What would you most like to accomplish?
    • What would legacy would you like to leave behind?

    It may be helpful to write your thoughts down in a journal or creative vision board if you’re the creative type. Add your own questions, and ask others what they want out of life. Relax and make this exercise fun. You may want to set your answers aside for a while and come back to them later to see if any have changed or if you have anything to add.

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    What Would Your Best Life Look Like?

    Describe your ideal life in detail. Allow yourself to dream and imagine, and create a vivid picture. If you can’t visualize a picture, focus on how your best life would feel. If you find it difficult to envision your life 20 or 30 years from now, start with five years—even a few years into the future will give you a place to start. What you see may surprise you. Set aside preconceived notions. This is your chance to dream and fantasize.

    A few prompts to get you started:

    • What will you have accomplished already?
    • How will you feel about yourself?
    • What kind of people are in your life? How do you feel about them?
    • What does your ideal day look like?
    • Where are you? Where do you live? Think specifics, what city, state, or country, type of community, house or an apartment, style and atmosphere.
    • What would you be doing?
    • Are you with another person, a group of people, or are you by yourself?
    • How are you dressed?
    • What’s your state of mind? Happy or sad? Contented or frustrated?
    • What does your physical body look like? How do you feel about that?
    • Does your best life make you smile and make your heart sing? If it doesn’t, dig deeper, dream bigger.

    It’s important to focus on the result, or at least a way-point in your life. Don’t think about the process for getting there yet—that’s the next stepGive yourself permission to revisit this vision every day, even if only for a few minutes. Keep your vision alive and in the front of your mind.

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    Plan Backwards

    It may sound counter-intuitive to plan backwards rather than forwards, but when you’re planning your life from the end result, it’s often more useful to consider the last step and work your way back to the first. This is actually a valuable and practical strategy for making your vision a reality.

    • What’s the last thing that would’ve had to happen to achieve your best life?
    • What’s the most important choice you would’ve had to make?
    • What would you have needed to learn along the way?
    • What important actions would you have had to take?
    • What beliefs would you have needed to change?
    • What habits or behaviors would you have had to cultivate?
    • What type of support would you have had to enlist?
    • How long will it have taken you to realize your best life?
    • What steps or milestones would you have needed to reach along the way?

    Now it’s time to think about your first step, and the next step after that. Ponder the gap between where you are now and where you want to be in the future. It may seem impossible, but it’s quite achievable if you take it step-by-step.

    It’s important to revisit this vision from time to time. Don’t be surprised if your answers to the questions, your technicolor vision, and the resulting plans change. That can actually be a very good thing; as you change in unforeseeable ways, the best life you envision will change as well. For now, it’s important to use the process, create your vision, and take the first step towards making that vision a reality.

    Featured photo credit: Matt Noble via unsplash.com

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