“Do what you love, and you’ll never work another day in your life.”
It’s fair to say that the idea you could embrace your passion to create a fulfilling career is not new. However, the link between finding your passion and making money out of it remains vague. Yet, we’ve all read interviews of famous actors or singers explaining that there is nothing they love more than their job in the world, and their job is precisely what enables them to finance their lavish lifestyle. Is there money in your hobby?
You’ll be pleased to know that if you’re smart about it, you can turn your favourite activity into an income-generating side-hustle, or even full-time business. However, you need to be prepared to put the work into it. You can’t just wake up one morning and decide to dedicate time to your passion. You have to plan to create the revenue you want.
Love fitness? You could make it a job
The fitness industry is a money pitfall if you want to keep into shape. Gym memberships are not cheap, and you’re probably looking at around £30 to £50 a month to get access to the equipment, facilities and knowledge you need. But if you’re passionate about fitness, you can embrace other options, such as looking how to become a PureGym manager, for instance. You will need to start as a trainer, which can shift your fitness costs into business expenses – meaning that the gym membership becomes deductible. Managing your own gym also implies that you have full access to the equipment at all time. However, if you want to unlock your earning potential, you should look into freelancing options, as independent trainers and fitness coaches can earn a lot of money.
Love card games? Getting rich comes with high risks
Ah, who doesn’t want to hit the jackpot? While lotto is a game of luck, you can find strategic card games that offer higher winning probabilities. Poker players, especially, can cash in big wins even if they come from a modest background. However, they need to develop their understanding of the game. You need to practice A LOT if you want the cards to make you rich.
Jump into a new business trend: Escaping real life
Escape room games have revolutionised the entertainment industry. Nowadays, it’s impossible to visit any big town without stumbling across 10 or more escape games. In the UK only, there are over 1,100 games. There is a huge potential for growth; more importantly, there is a lot of money potential in those immersive puzzles. It’s fair to say that only the best and most appealing games can make a lot of money, as you need to attract players throughout the year. But millions are hiding in plain sight in the entertainment sector.
I’ll write a book
The next J.K. Rowling only needs to be discovered. Most writers can’t make a living out of one book. You have to work hard to create bestsellers, encompassing the current social trends at the heart of your writing. Books that sell are those that tell the stories everyone wants to read.
It’s time to stop thinking of your passion as a waste of time and money. Making your passion profitable is about shifting your perspectives on hobbies and putting your business cap on. Do what you love, and you’ll never run out of money.