These days, more and more people are opening up to the idea of chasing your passions and doing something that you truly love for a living. While there are some understandable disadvantages to this, it’s mostly things that people are willing to give up or sacrifice if it gives them the opportunity to do something they really enjoy.
For example, doing something you love might pay less than working in an office, but it makes you happier with your life and it gives more meaning to your everyday activities. If you’re serious about turning a hobby into a career or chasing a passion, then we’ve put together some tips to help you make money by doing something you love.
Look at how other people are making money from doing what they love
One of the first places to start is looking at how others make money from doing what they love. Let’s use writing as an example. We all know that writers make money by producing content, but it doesn’t always need to be their own content. For instance, there are many people that can earn a living by working as a copywriter, or they can make money by getting a job as a writer for a specific company. These roles are mostly non-fiction writing, but there are opportunities for writing fiction pieces as well.
The challenge comes when you’re interested in making more money. Copywriting jobs can pay a fair wage, but what if you want to get more creative and do your own thing? If that’s the case, then you can look at independents in the industry. This can include bloggers, writers that publish their own works or even look at publishers that you can strike a deal with. There are many unique opportunities with just this one example, and the key is to look at how others are making money with their passions so you can get an idea of where the money in the industry comes from.
Understand that it’s going to become work
Some people will warn you that turning a hobby or passion into a job will make you lose interest in it, or you might even find yourself hating it because of the responsibilities attached to it. It’s no longer something that you do to enjoy yourself or unwind after a long day. But don’t let that put you off. Not everyone is the same and there are definitely people out there that love their work in the same way they love their hobbies.
It really depends on what you do and how you get paid to do it. For instance, artists might not enjoy their work as much when there are restrictions to their creativity. Similarly, a singer might dislike their work because they’re being told what to sing instead of being allowed to create their own music. In situations like this, you want to quickly realize why you’re no longer enjoying your work and find a different role that still affords you those creative freedoms so you can truly enjoy doing what you love for a living.
Don’t let salary ceilings and net worths put you off
One of the things that might put people off chasing their dreams is realising the disparity between what they’re making and what others in the industry are earning. For example, if you look up who is the highest paid athlete, then they’re probably making a thousand times more than someone who’s just getting started with a sports-related career. In fact, other roles in the sports industry such as commentators and analysts probably don’t make nearly as much as the athletes. With this in mind, it can often be a little daunting or even frustrating to try and establish a career in the industry.
But don’t let that put you off.
While it’s true that there can be a huge gap between what people in an industry are paid, it’s just how things are and it’s not something we can change. Although every role is crucial to the commercial success of an industry, it’s hard to deny just how important the athletes and star roles are. It’s understandable that they would be paid more, but it can still be a little frustrating at times. Just don’t let that put you off. Even if you don’t want to become an athlete, you can still find purpose and earn a healthy living wage by working hard and establishing yourself in the industry.
(Disclaimer: This content is a partnered post. This material is provided as news and general information. It should not be construed as an endorsement of any investment service. The opinions expressed are the personal views and experience of the author, and no recommendation is made.)