A tragic irony of life is that we so often achieve success or financial independence after the chief reason for which we sought it has passed away.
Ellen Glasgow

Don’t be afraid to give up the good to go for the great.

How to Make Money from Hobbies

Here are a few ways you can make money from hobbies.

Sell Hobby-Related Products

This is the route I took with my scrap-booking hobby. In fact, I was so enamored with scrap-booking, that I began the business at the same time I started the hobby.

I went the direct sales route, but — thanks to the internet — there are now many avenues for selling hobby-related products. EBay, Craigslist, and Etsy are just a few possibilities.

In fact – if you’re looking for a good selling niche for the internet – hobby related products are one of the best. Passionate hobbyists are known for wanting to collect anything and everything to do with their passion. So finding a way to source inventory and sell to them is a viable business option.

Work for a Business Related to Your Hobby

My husband is fond of saying that when he retires he wants to work as a marshal on a golf course. Since I’m not a golfer, I had to look up what a marshal does. About.com defines it this way:

A person whose job it is to patrol a golf course, keeping the pace of play up and responding to golfers’ questions or concerns.

Marshals are mostly volunteers, meaning they don’t get paid or get paid only in free golf. But someone who is into golf and wants to earn some money while being around the sport could look for a paying job in a pro shop or at a golf store.

In fact — no matter what your hobby — there is probably a business where you could share your expertise by helping customers, and get paid to do it. You probably pass places like bike stores, garden centers, bakeries, and craft stores when you’re out and about. All of these businesses either cater to hobbyists or employ people who are passionate about what they do. In fact, those people tend to make the best customer service people because they know so much about their subject matter.

Teach Others about Your Hobby

I have a community college near my house and twice each year I get a continuing education catalog full of non-credit classes that members of the community can take. There are always a number of hobby-related classes, which tells me that people are eager to learn about their hobbies.

Here are just a few from the most recent catalog:

• Knitting
• Drawing
• Calligraphy
• Painting
• Jewelry making
• Ballroom dancing
• Cooking
• Investing
• Photography
• Writing
• Music lessons

If you’ve been at your hobby for a while and have a lot of knowledge about it, there are probably people who will pay you to teach them about it. You could check out community colleges and extension offices to see if they’re looking for instructors. Or, if you’re willing to market, you could go it alone and offer your own classes or even private instruction.

 Julie Mayfield.

Non-Taxing Tax Quotes

The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.

Mark Twain

Passive Income Myths & Misconceptions

We would all love to attain a position where we have created an ongoing income that continues without us constantly having to work for it. 

Copious amounts of online ads take advantage of this by offering the promise of effortless ongoing income

The elementary step in developing a long-lasting passive income is to expel some of the myths concerned. 

Here are some of the most common myths about creating a passive online income:

One: Construct a Website, Sit Back & Watch the Cheques Roll in.

Valuable advice from those who have run internet businesses: 

Generating a good living on the Internet requires marketing, customer service and order fulfilment. Either you do it yourself or you need to hire somebody to do it. Whichever way, owning a website and selling your own merchandise is often a considerable contrast to the "lying on the beach while collecting your cheques" appearance.

Two: MLM- Networking Income is Residual Income.

Almost all of the time, a part of the sales pitch in networking is "creating residual income." Although it's possible with MLM, it's exceedingly difficult to maintain. This is why...   

MLM income is built on 3 basic factors: New purchases by retail consumers, the recruitment of new wholesale consumers and the continued purchasing by both groups. To have a continuing "residual" income, you must recruit, train and motivate a significant number of leaders who will then continue the procedure in expanding numbers.

However, often enough, this is not the case.

Instead, top leaders discovered it to be easier to compose a large list of MLM "junkies" who they then take into one program after another. If you stopped joining new programs, you would also diminish your income within just a few months.

Three: Simply Build Your Business & Hire People to Run it for you.

This could work, but often enough it is more of a nightmare than a dream.

Unless you have an adequate amount employees & profits to hire top quality managers, employees are an ongoing headache. If you do manage to build a large enough, profitable enough, business, and if you have the correct nature and personality, then building your business and hiring people to run it is a great idea.

Four: Developing a Passive Income is Simple.

Do not fall for this one, either.

Development of a passive income will take a great amount of stamina. The steps to getting it done aren't hard, but it requires one thing a lot of people won't apply - consistency. If someone does the right thing, day after day, they'll create an ongoing and growing income. If they try today, one day next week, then one day one month later, they will probably never succeed in getting there.

Development of a passive, ongoing, income is worth it. Avoid trusting in these 4 altered realities, be prepared to work and you can achieve an additional income in no time at all. Maintain it long enough and finally, you can retire.

I believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living.

John D. Rockefeller

Massive Passive Income: Does Autoblogging Really Work?

 Autoblogging is quite a hot topic these days in t Internet Marketing social circles. In case you have not heard all of the recent buzz and are scratching your head about what autoblogging is, it's a method for creating blogs in a ?set it and forget it' kind of way that have plugins in place to automatically post content daily. This essentially takes much of the labor out of creating unique content and posting daily or even every few days. But, the question of the moment is, does autoblogging work? Can you really generate a ton of passive income just from setting up these little niche blogs and then leaving them to fend for themselves? Here are some things that you might hear about autoblogging:

Autoblogging is nothing but a scam Most likely written either by folks who have tried it and failed, or who simply dismiss the concept out-of-hand because they firmly believe that the only way to blog is by creating unique content daily.

Autoblogging is your gateway to untold Internet Marketing riches At the other end of the spectrum you might hear claims that autoblogging is your ticket to riches and fame. Those messages are most often promulgated by those who are selling an autoblogging product.
The truth about autoblogging lies somewhere in between the idea that autoblogging is a black hat scam, and the idea that you can auto-blog your way to untold wealth. 

With autoblogging you use automated plugins that grab content based on your keywords from RSS feeds, article directories, your own stash of PLR content, and videos. You aggregate all of this content and present it under your chosen category along with adverts that would appeal to the particular audience that you are targeting with your content.

You also need the tools and technology to make setting up and maintaining multiple blogs simple and straightforward. Wordpress is the perfect platform for your auto-blogs because it allows you to host multiple, individual blogs with their own domain names on a single installation of the Wordpress software on your server.

Autoblogging has many moving parts, so it's good to have a proven system to follow to help ensure your chances for success. Trying to patch together a solution and work through trial and error on your own can cost you valuable time and money.

If you follow a proven system and if you are willing to invest some time, thought and strategy on the front end, you can set up an empire of auto-blogs that will generate a healthy stream of passive income for you. If you are serious about getting started building your own autoblogging empire, you must check out Massive Passive Profits, which is a mass deploy autoblogging format that completely automates the creation of Wordpress multi-user blog and feeds them with tons of content.

Author:  Thomas Varughese  courtesy of Amazines.com

http://Thomaskadakkethu.com.