5 Ways to Turn Your Passions Into Profits Online

5 Ways to Turn Your Passions Into Profits Online

The result of snow collapsing my porch wasn’t pretty. That’s because on YouTube, there are tons and tons of informational videos on everything from how to fix the dryer to how to put up a new pergola on your back porch -- boy did that come in handy. And many of these people on YouTube who do these kinds of videos earn a little bit of money for each video that’s watched. But if you have a passion that displays well on video, then YouTube is a great way to monetize it. Remember you don’t have to make millions to do well on YouTube. A great example of this is the YouTube channel “Woodworking for Mere Mortals.” This isn’t one of the top 10 earners, but this guy does earn his full-time living from his passion and has built up a very respectable following of over 900,000 followers. Instagram is an extremely visual platform, so if you have a passion for something like fashion, dogs or workouts that work well in pictures or video, you can make pretty good money from Instagram when you develop a big enough following. Many people turn their passions into profits by creating courses that teach other people how to do what they’re experts in. Make money blogging. Sell your services online.

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If you’re the sort who can dismantle a toaster and put it together again, consider a future making instructional videos.

5 Ways to Turn Your Passions Into Profits Online

Opinions expressed by Entrepreneur contributors are their own.

My back porch fell down. And I don’t mean a little. It completely collapsed. It happened during one of our Pennsylvania winter nor’easters. These are brutal storms that sweep down along the coast and drop between 6 and 36 inches of snow in a single shot. The result of snow collapsing my porch wasn’t pretty. And it took a lot of cleanup and repair to fix.

But when I was trying to figure out what to do about it, guess where I looked first? If you answered YouTube, you’re right! That’s because on YouTube, there are tons and tons of informational videos on everything from how to fix the dryer to how to put up a new pergola on your back porch — boy did that come in handy.

And many of these people on YouTube who do these kinds of videos earn a little bit of money for each video that’s watched. And that little bit for each video really ads up fast when you have enough views. These folks have learned how to turn their passion into profits.

If you’re an expert in your field or have a hobby that you really enjoy, the likelihood of you being able to make some money or even a full-time living from your passion is pretty high, as long as you’re willing to learn some skills and put in the work.

Here are five ways you can turn your passions into profits online:

1. Start a YouTube channel.

The amount of money that some people make from this channel is mind-boggling. The top YouTube earner, Daniel Middleton, is making $16.5 million posting Minecraft videos. That’s a lot of dough!

Creating a successful YouTube channel requires creating a following. This isn’t something that happens instantly, but instead develops over time. And you have to work at it. But if you have a passion that displays well on video, then YouTube is a great way to monetize it.

Remember you don’t have to make millions to do well on YouTube. A great example of this is the YouTube channel “Woodworking for Mere Mortals.” This isn’t one of the top 10 earners, but this guy does earn his full-time living from his…

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