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What is Your Hobby?
Ask 10
different people what a hobby is, and you
will no doubt get 10 different answers. It
is also possible that all 10 answers are
correct! Several factual sources were
consulted to define a hobby.
The library dictionary defines a hobby as "a
pursuit outside one's regular occupation
engaged in for relaxation."
An online dictionary calls it "an auxiliary
activity (synonyms: avocation, by-line,
sideline, spare-time activity)."
A popular online encyclopedia gives this
definition: "a spare-time recreational
pursuit."
A hobby is therefore an
activity you perform in your spare time for
pleasure or relaxation.
However, none of those definitions say
anything about money.
How Much Is Your Hobby
Costing You?
You
will have to spend some amount of money in
order to enjoy most hobbies. If you collect
coins, you have to spend paper money in
order to gather enough change to collect. A
funny headline collection requires a
newspaper subscription. Even cloud watching
might have expenses if you choose to
photograph your subjects and collect the
pictures in albums.
The title of this section, however, is not
meant to inquire about the cost of
performing your hobby. Instead, it is meant
to spur you into looking deeply at your
hobby to see if any money-making
opportunities exist.
Perhaps you are performing your hobby in a
unique way that could benefit others with
the same interest. The internet makes it
easy to compile your hobby secrets into an
information product and offer it for sale.
How To Uncover Your Special Opportunity
The number and types of hobbies are as
varied as the number and types of people who
perform them. A comprehensive list of profit
opportunities in hobbies is simply not
possible.
However, here are three examples of how you
can start looking for hidden income in your
hobby.
1. A hunter decides to raise hunting dogs.
This breed of dog excels at hunting
squirrels, but is known for its poor
performance in identifying other small game
as prey. One day, while leaving the hunting
section of the local department store, he
cuts through the toy section.
The collection of stuffed forest animals
gives him an idea. He buys a collection of
small stuffed forest animals and a bottle of
squirrel scent. Soon his dogs are hunting
all kinds of prey like champions. He
receives hundreds of requests for more
information after he posts his success on a
popular online hunting forum.
This is a perfect opportunity to write a
how-to e-book about training this breed of
dog to hunt more than squirrels. There is
obviously a niche market rabid for this
information. He could also start a paid
membership forum to complement his e-book.
2. A college student graduates and enters
into a job market that is highly competitive
with a high turnover rate. After each
successive layoff due to downturns in the
industry, she is forced to upgrade her
resume over and over again in order to
re-enter the same industry.
Friends and family begin asking her for help
with their own resumes, and are successful
with the resumes she writes for them.
Everyone hates writing resumes, so this is
an excellent opportunity for a part-time
resume writing business.
3. A cat owner notices his cat's natural
tendency to enter small, dark spaces. He
incorporates the cat carrier into his cat's
play time, and soon has his cat is trained
to enter the cat carrier almost on command.
Anyone who has tried to shove a terrified
cat into a cat carrier for a vet trip would
gladly pay for this secret.
How Do You Get Started?
Examine your hobby as described earlier. Do
people always ask you about it? Do they need
help getting started with the same activity?
Do your friends tend to invite you over only
when there's a problem with their computer
or car?
If you answered yes to any of those
questions, there might be untapped money
hidden in your hobby. All you have to do is
think of a way to package and sell your
knowledge.
Hobbies & Craft Ideas?
For
more information and ideas for your hobbies
& crafts, visit our
blog.
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