Have you ever stopped to think about how you could make more money? If you know me at all, you would know that my initial response is normally, “Why don’t you start a blog?” I felt like it was so simple for me to start my website and earn an income, but I did have a few things going for me: (1) I enjoy writing and communicating with people, and (2) I have a strong passion when it comes to personal finance! Starting a personal finance blog was like putting on a pair of sweatpants. It just felt right. 😉
“I don’t think I could do that every day”
As I continue learning about the blogging world and the potential for income, I naturally start talking about it in my every day conversation. When my friends and family hear that I’m actually earning money doing it, their ears start to perk a bit and they ask a few follow-up questions. But, within a short period of time, they drop their head and tell me that they wouldn’t be able to make money with a blog because they’re no good at writing (or they simply hate to write).
Being able to write an article that’s easily readable is actually incredibly important when it comes to blogging. If this article had 14 spelling mistakes and 5 run-on sentences with a million “and”s, it would get old in a hurry wouldn’t it? I know I wouldn’t want to read it.
Money Is Out There For Those That Don’t Want to Blog
Although I love the income that blogging provides, there are other ways to make money! You just need two things: Passion and Skill.
Passion + Skill = $$$
I suggest that you write down a list of things that you love to do. If you had the whole day off tomorrow and there were no chores on your “honey-do” list, how would you spend your time?
My Do-Whatever-I-Want List
- Read a new personal finance book about gaining wealth
- Play the piano
- Play a game of tennis with a buddy (or my wife – she’s pretty good)
- Catch up on my article writing / brainstorm a new online gig
- Go for a bike-ride
(In case you were wondering, yes, this is really what I would love to do with my day)
So, I came up with my list of interests/passions without even considering if I could make money with them or not. Now, let’s review these options to see if we could think of any way to make money with these activities.
- Personal Finance – all my learning could allow me to teach a course (only $10 per person for a 2 hour lesson) 😉
- Piano – I could play for a wedding, a special church concert, or maybe even play regularly at a restaurant or club (P.S. I’m not this good, but I could be with some practice I’m sure).
- Tennis – organize a tennis club or put on a city-wide tennis match. The proceeds could go straight into your pocket.
- Writing – this sort of defeats the purpose of this article doesn’t it? Oops. Give me a break, it’s what I love to do! 🙂
- Bike-ride – if you like bikes, perhaps you’d like to buy and sell them online. There are tons of people giving away bikes for next to nothing. Pick these up and sell them for a huge profit.
What Are You Interested In?
Obviously the examples above are pretty simplistic, but I believe that there’s a business idea in every passion! What are your passions and how could you make money with it? If you have a passion, but just can’t think of a way to make money with it, ask me in the comments below. I love a good challenge!
For those of you that just want to think of something crazy to try to stump me, do your worst. 😉
My name is Derek, and I have my Bachelors Degree in Finance from Grand Valley State University. After graduation, I was not able to find a job that fully utilized my degree, but I still had a passion for Finance! So, I decided to focus my passion in the stock market. I studied Cash Flows, Balance Sheets, and Income Statements, put some money into the market and saw a good return on my investment. As satisfying as this was, I still felt that something was missing. I have a passion for Finance, but I also have a passion for people. If you have a willingness to learn, I will continue to teach.