Are you someone who is trying to find ways to earn some passive income or someone who wants to earn some extra income apart from their salary?
If you are passionate about something then don’t let it go in vain. Not many people know about the things that they are passionate about. So, if you know about something that sparks the light within you then do something to make the most out of it.
There are several ways by which you can earn money. If you are trying to develop a side hustle or you want to monetize your passion then make a list of things that you are good at doing. Differentiate between your passion and your hobbies. Narrow down the list and pick something that you love to do.
Ask yourself if you are willing to work hard if there is a market out there for your passion?
If the answer is yes, then don’t waste any more time and start putting in efforts to convert your dreams into reality.
In this blog, you will get to know about the top 3 ways which can help you in monetizing your passion.
Top 3 Ways to Monetize Your Passion
1- Digital Coaching/ Consulting
One of the best ways to monetize your knowledge is to become a digital coach. If you are someone who likes to guide or teach others then digital coaching is what you are looking for. You can teach literally anything you are good at. You can teach a group of people or you can provide one-on-one mentorship as well.
Many mentors run their academy by simply choosing a course hosting platform. It gives them the ease to work from anywhere, anytime. You can also choose a course hosting platform like Spayee. They can help you in building your course website. Not only your website, but they can also even help you in launching your android or iOS app.
Blogging is the most trending option to begin your online career. If you like writing then nothing can be better than starting your own blog. You can share your views about any topic. It can be about fashion, travel, makeup, or gadgets e.t.c.
The best thing about it is you don’t need to make a huge investment to start your blogging journey. Your blog can help you in generating millions of revenue, but it is not as easy as it appears. You have to show up daily. You have to post engaging and valuable content consistently for a longer period of time. Your first priority should be to build your audience and everything else like fame and money will follow.
In the beginning, if you don’t want to build your website then you can start writing on platforms like Medium, Facebook, or Quora. If you are someone who is not into writing then you can share your insights on video hosting platforms like YouTube. Many video bloggers are making tonnes of money by posting engaging content on YouTube.
3- Host a Podcast
If you are someone who has got great communication skills then nothing can be better than hosting your own podcast. As a podcast host, you will record your views and thoughts on a specific topic and later post it on platforms like iTunes. You can also invite experts from your industry to exchange ideas and provide valuable content to your audience.
In podcasting, your priority should be the same as it was in the case of blogging. Firstly build your audience and then think about ways of how to monetize your podcast.
Also read: Teachable Alternatives