Think about it, Lebron James surpassed the $1billion mark in career earnings this year. Djokovic made $7.5 million from prize money alone and we won’t talk about Tiger Woods who despite not playing most of the year still made over 60 $million from sponsorship deals.
All these people get paid to do what they love doing most. And you could too-even if you aren’t an athlete. All you need is to find opportunities to turn your pastime into a dollar-mining machine. But truth be told, some hobbies will get you there quicker than others.
The following are the top 5 hobbies that can make you rich.
1. Dancing
Dancers are disciplined, dedicated, and diligent, but making a living as a dancer can be difficult. The good news is that you have limitless possibilities thanks to social media, the internet, and other platforms that allow you to showcase your dancing skills.
If you’ve been dancing for a while, maybe it’s time for you to become a dance teacher. Consider additional ways to flex your teaching muscle instead of turning to your local studio. You can hire a space and offer your private or small group classes. Better yet, you can offer online dance lessons and charge per session or hour.
2. Photography
If you can take high-quality photographs and have editing skills, you could make a living out of your hobby. All you need is a high-quality camera, tripod, lights, and a keen eye for detail. Cameras and lenses can be particularly expensive, especially if you are looking on the high end of the spectrum. However, you can get good deals even when you are on a tight budget.
You might choose to start without all the bells and whistles of high-end models and upgrade as your business grows. Buying pre-owned equipment is also an option but be careful not to buy defective items.
3. Writing
Do you love writing? Congratulations. You could become a millionaire! Ask JK Rowling or Stephen King. The good news is that you don’t have to be a celebrity author to make money out of your hobby, and you don’t even have to write books.
How about freelance writing for blogs, websites, magazines, or social media? The services of excellent writers are in high demand the world over.
You can also start a blog and write about a topic you love and make money through selling ad space, promoting affiliate products, or creating sponsored content. You only need to arm yourself with a laptop and an internet connection to get started.
4. Gardening
So you have a green thumb? You must be a happy soul. Nothing is as uplifting as taking in the sounds and sights of a beautiful garden while helping plants grow. If you love growing plants and flowers, you can offer your skills to people who don’t have time to tend to their gardens.
You can also make some bucks by selling seedlings during planting season. Throughout the year, you can make sales through house plants. You can also make tea blends, tinctures, and dried herbs and sell them to friends, family, or at the local farmers’ market.
5. Baking
Baking? There are more options than you might imagine. One of the first ideas that springs to mind is to participate in local bake sales.
However, there are probably bakeries, farmers’ markets, small shops, and specialty stores in your immediate area that sell specialty foods or would be willing to take on a new line that looks profitable.
Another option is a bed-and-breakfast facility. These will readily take on a supply of freshly baked bread and pastries.
If you’re feeling very ambitious, you can create an online baked goods product line. Everyone enjoys baked goods, but with so few people baking these days, the market is wide open. You might want to major in quick-make products such as muffins, cupcakes, and cookies.
These are just a few instances of what may be done with a hobby to turn it into a source of income. There are so many more money-making hobbies out there; all you have to do is figure out what you enjoy doing, put in the effort and time to practice it, and then find a platform to share your hobby with the rest of the world.
6) Attending auctions
Auctions can be a great way to make money, and there are many different types of items that can be quite valuable. One example is collecting whiskeys. Though it may seem like a hobby, there are many people who are willing to pay high prices for rare or old whiskeys. Auction houses like Australianwhiskyauctions.com.au will often have experts on hand to help appraise the value of these items, and they can also provide guidance on how to start a collection. Of course, collectors are not the only ones who can benefit from auctions. Anyone with an eye for antiques or other valuable items can find great deals by attending auctions.