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Make Money From Your Hobby
 From a financial perspective, making money on
something you love simply makes good sense.
 Getting paid is icing on the cake if you are doing
what you love.
 Making money through a hobby is simply a
smart thing to do.
I am a very lucky man. I am living my life with
my hobby as my profession.  Jim Sullivan
Choose a Hobby
Choose a Hobby
Assess all of your options. What do you
enjoy? List them out.
Educate yourself about the topics and
hobbies that you enjoy.
Create, create, create. Ramp up your
creation and make more items to sell.
Sell your skills. Do what you are good at
based on your unique skill set.
Keep your mind wide open. What do you
love to do and how can you monetize it?
I do what I did as a hobby as a kid, you know, and
make a living at it. And I just feel like Im one of the
luckiest guys in the world cuz I get paid to make
toys and play with them.Rick Baker
Hobby Ideas
Outdoor Pursuits
 Become a tour guide.
 Give a new perspective on an area.
 Establish yourself by charging less.
Boating
 Take people fishing on your boat.
 Provide them with the equipment.
 Charge hourly.
Fishing
 Paint patio floors, walls and driveways.
Decorative Painting
Craft Hobbies
 Design pieces and sell them.
Woodworking
 Develop a unique brand.
 Produce the things you love to make.
Knitting and Crochet
 Work with materials that interest you.
 Sell your jewelry creations online and off.
Jewelry Making
Online Activities
 Earn money helping other people produce websites.
Creating Websites
 Experiment with computer art software.
 Create dynamic art and sell it online.
Art Design
 Sell your photos online.
 There is a substantial market for stock photography.
Photography
It was just a hobby. I didnt expect it to turn
into a business.  Phil Katz
Starting Small
Start Small
Recognize that you are starting a small
business.
Limit your spending at first.
Examine your tools and your knowledge
base.
Focus on doing the things that you do well.
Give the pursuit a year, then expand as
necessary.
It feels important to go to school;
not necessarily to further my education,
but more like a hobby.  Mandy Moore
Save Receipts and Keep Records
Tax Deductible Costs
Advertising costs.
Internet connection costs.
Office supplies and postage costs.
Printing costs.
Travel costs.
Supplies costs.
New equipment costs.
Tax Deductible Costs
 Any costs incurred in performing the hobby are tax
deductible if your hobby is a business.
 Keep accurate records of all incomes and costs.
 Use a spiral notebook and file folders to keep your
business records all together. Write everything
down.
 Consult an accountant or tax expert with any
questions or uncertainties that you have.
I have an expensive hobby; buying homes,
redoing them, tearing them down and building
them up the way they want to be built. I want to
be an architect.  Sandra Bullock
Develop Your Skills
Tax Deductible Costs
Develop your skills.
Find a mentor.
Join groups and clubs.
Watch videos online.
Read about your hobby.
Weve been doing this for 10 years and its
been a hobby for a lot longer than its been a
job.
 John Campbell
Tap Into Your Creativity
Show off your own individual creativity.
Delve deep within yourself to come up with
unique and interesting ideas.
Do something special in order to highlight your
work and set it apart from the work of others.
Show off your efforts and abilities by making
your skill into something more interesting.
Making money is a hobby that will complement
any other hobbies you have, beautifully.
Scott Alexander
Perfect Your Skills
Practice, because practice makes
perfect.
Become a resident expert. Know
everything there is to know.
Present during hobby seminars in
your local area, share what you do.
Teach other people, instructing them
on your craft to develop a reputation.
Lifes a hobby.  Joshua Lederberg
Set Your Prices
 Look at how other people are pricing similarly
designed services and goods.
 Consider how much time is expended in labor for
the production of you products or services.
 Be meticulous in all aspects of your record keeping.
 Keep prices low at first to get more business when
you first start out. Adjust prices later as needed.
Golf isnt just my business, its my hobby.
 Lee Trevino
Market Your Abilities
Market Your Abilities
Develop simple marketing materials.
Use the internet for marketing.
Establish a presence within the community.
Join up with the Chamber of Commerce to meet other business
owners.
Display your work at trade shows.
Made contacts in the media.
Get to know other business owners.
Keep in touch.
Excellent Customer Service
Excellent Customer Service
 Be approachable to prospective customers.
 Listen actively to people who approach you.
 Apply the knowledge gain from customers to your
business.
 Return all calls and e-mails promptly.
 Guarantee all goods and services you produce.
Summary
 You can make money from your pastime as a realistic
goal.
 If you enjoy practicing your craft, you could turn it into a
small hobby business.
 Select the right hobby, then start small and work on
developing your skills to turn your hobby into an income
stream.
Today is life - the only life you are sure of. Make the most
of today. Get interested in something. Shake yourself
awake. Develop a hobby. Let the winds of enthusiasm
sweep through you. Live today with gusto.
 Dale Carnegie
We hope you enjoyed your Special Report!
Curtis Roese is an experienced professional with extensive experience in
personal finance and small business matters. Curtis writes and
publishes articles, courses, guides and special reports on his personal
finance blog.
Common Cents Wisdom is a website with hundreds of informative
articles, special reports, resources to assist you with all of your financial
concerns and a free monthly newsletter.
Sign up to receive your free eBook "Common Cents" and get started
today on the road to financial freedom!
This Free Course Includes:
 A Complete 80+ Page, 16-Module Home Study Course in PDF format
 Companion Worksheets and Cheat Sheets
 Budget Helpers, Worksheets, and Trackers
 Bonus Audio Interviews with Financial Experts
 My Secret Resource List of Helpful Money Sites, Tools, and Calculators
 Bonus #1: Boosting Your Value Without a Formal Education
 Bonus #2: Building a Wealth and Prosperity Mindset
 Bonus #3: 25 Ways To Protect Your Identity
Dont Delay! Get Your Free Course Now!
Sign Up ~ FREE Personal Finance Newsletter
Finally A High-Quality, Content Rich, No BS Newsletter
Written Specifically For Those Interested In Personal Finance
What you can expect to receive EVERY Month by signing up:
 Special Report  10 to 20 page in-depth report on Personal Finance topics important to you!
 Articles to keep you informed on a variety of topics relevant to your financial freedom.
 Action Guides, Worksheets, Resources & Buyer Guides!
 Monthly Financial Calendar to keep you organized and current with managing your personal
finances.
 Periodic reviews of Products and Services  Real Financial Solutions ~ Real Fast!
http://www.commoncentswisdom.com/newsletter/

More Related Content

Make Money From Your Hobby

  • 2. From a financial perspective, making money on something you love simply makes good sense. Getting paid is icing on the cake if you are doing what you love. Making money through a hobby is simply a smart thing to do.
  • 3. I am a very lucky man. I am living my life with my hobby as my profession. Jim Sullivan Choose a Hobby
  • 4. Choose a Hobby Assess all of your options. What do you enjoy? List them out. Educate yourself about the topics and hobbies that you enjoy. Create, create, create. Ramp up your creation and make more items to sell. Sell your skills. Do what you are good at based on your unique skill set. Keep your mind wide open. What do you love to do and how can you monetize it?
  • 5. I do what I did as a hobby as a kid, you know, and make a living at it. And I just feel like Im one of the luckiest guys in the world cuz I get paid to make toys and play with them.Rick Baker Hobby Ideas
  • 6. Outdoor Pursuits Become a tour guide. Give a new perspective on an area. Establish yourself by charging less. Boating Take people fishing on your boat. Provide them with the equipment. Charge hourly. Fishing Paint patio floors, walls and driveways. Decorative Painting
  • 7. Craft Hobbies Design pieces and sell them. Woodworking Develop a unique brand. Produce the things you love to make. Knitting and Crochet Work with materials that interest you. Sell your jewelry creations online and off. Jewelry Making
  • 8. Online Activities Earn money helping other people produce websites. Creating Websites Experiment with computer art software. Create dynamic art and sell it online. Art Design Sell your photos online. There is a substantial market for stock photography. Photography
  • 9. It was just a hobby. I didnt expect it to turn into a business. Phil Katz Starting Small
  • 10. Start Small Recognize that you are starting a small business. Limit your spending at first. Examine your tools and your knowledge base. Focus on doing the things that you do well. Give the pursuit a year, then expand as necessary.
  • 11. It feels important to go to school; not necessarily to further my education, but more like a hobby. Mandy Moore Save Receipts and Keep Records
  • 12. Tax Deductible Costs Advertising costs. Internet connection costs. Office supplies and postage costs. Printing costs. Travel costs. Supplies costs. New equipment costs.
  • 13. Tax Deductible Costs Any costs incurred in performing the hobby are tax deductible if your hobby is a business. Keep accurate records of all incomes and costs. Use a spiral notebook and file folders to keep your business records all together. Write everything down. Consult an accountant or tax expert with any questions or uncertainties that you have.
  • 14. I have an expensive hobby; buying homes, redoing them, tearing them down and building them up the way they want to be built. I want to be an architect. Sandra Bullock Develop Your Skills
  • 15. Tax Deductible Costs Develop your skills. Find a mentor. Join groups and clubs. Watch videos online. Read about your hobby.
  • 16. Weve been doing this for 10 years and its been a hobby for a lot longer than its been a job. John Campbell Tap Into Your Creativity
  • 17. Show off your own individual creativity. Delve deep within yourself to come up with unique and interesting ideas. Do something special in order to highlight your work and set it apart from the work of others. Show off your efforts and abilities by making your skill into something more interesting.
  • 18. Making money is a hobby that will complement any other hobbies you have, beautifully. Scott Alexander Perfect Your Skills
  • 19. Practice, because practice makes perfect. Become a resident expert. Know everything there is to know. Present during hobby seminars in your local area, share what you do. Teach other people, instructing them on your craft to develop a reputation.
  • 20. Lifes a hobby. Joshua Lederberg Set Your Prices
  • 21. Look at how other people are pricing similarly designed services and goods. Consider how much time is expended in labor for the production of you products or services. Be meticulous in all aspects of your record keeping. Keep prices low at first to get more business when you first start out. Adjust prices later as needed.
  • 22. Golf isnt just my business, its my hobby. Lee Trevino Market Your Abilities
  • 23. Market Your Abilities Develop simple marketing materials. Use the internet for marketing. Establish a presence within the community. Join up with the Chamber of Commerce to meet other business owners. Display your work at trade shows. Made contacts in the media. Get to know other business owners. Keep in touch.
  • 25. Excellent Customer Service Be approachable to prospective customers. Listen actively to people who approach you. Apply the knowledge gain from customers to your business. Return all calls and e-mails promptly. Guarantee all goods and services you produce.
  • 26. Summary You can make money from your pastime as a realistic goal. If you enjoy practicing your craft, you could turn it into a small hobby business. Select the right hobby, then start small and work on developing your skills to turn your hobby into an income stream. Today is life - the only life you are sure of. Make the most of today. Get interested in something. Shake yourself awake. Develop a hobby. Let the winds of enthusiasm sweep through you. Live today with gusto. Dale Carnegie
  • 27. We hope you enjoyed your Special Report! Curtis Roese is an experienced professional with extensive experience in personal finance and small business matters. Curtis writes and publishes articles, courses, guides and special reports on his personal finance blog. Common Cents Wisdom is a website with hundreds of informative articles, special reports, resources to assist you with all of your financial concerns and a free monthly newsletter. Sign up to receive your free eBook "Common Cents" and get started today on the road to financial freedom!
  • 28. This Free Course Includes: A Complete 80+ Page, 16-Module Home Study Course in PDF format Companion Worksheets and Cheat Sheets Budget Helpers, Worksheets, and Trackers Bonus Audio Interviews with Financial Experts My Secret Resource List of Helpful Money Sites, Tools, and Calculators Bonus #1: Boosting Your Value Without a Formal Education Bonus #2: Building a Wealth and Prosperity Mindset Bonus #3: 25 Ways To Protect Your Identity Dont Delay! Get Your Free Course Now!
  • 29. Sign Up ~ FREE Personal Finance Newsletter Finally A High-Quality, Content Rich, No BS Newsletter Written Specifically For Those Interested In Personal Finance What you can expect to receive EVERY Month by signing up: Special Report 10 to 20 page in-depth report on Personal Finance topics important to you! Articles to keep you informed on a variety of topics relevant to your financial freedom. Action Guides, Worksheets, Resources & Buyer Guides! Monthly Financial Calendar to keep you organized and current with managing your personal finances. Periodic reviews of Products and Services Real Financial Solutions ~ Real Fast! http://www.commoncentswisdom.com/newsletter/