Who doesn’t love a good party. No one. That’s why event planning has become big business. In the past, event planning was limited to weddings and bar mitzvahs. Today, event planners organize corporate events, graduation parties, reunions, and even sweet 16 parties.
In 2015, the event planning industry generated an estimated $5 billion in revenue. The future is also bright for the profession as it is expected to grow an average of 4.8% per year.
If you love capturing moments, you can start a business out of this hobby. You can be an event photographer for weddings, birthdays and corporate gatherings. But even beyond that, you can take promotional pictures for individuals who want to market themselves in some way.
Many people are hiring photographers to take professional pictures for social media sites like Linkedin and Twitter. Many are also hiring photographers for Facebook cover photos. With about 300 million photos uploaded to Facebook daily, the demand for quality images is not going away soon.
If you have been secretly checking my grammar and looking for spelling errors while reading this article, then you may have a proofreading business on your hands. The internet is a giant content bubble. Everyone is producing material to read. Proofreaders and editors are always needed.
You can setup an editing service for aspiring writers where you can correct their work for a fee. You can also become a book reviewer. If you have read a lot of books, may be able to set up a simple blog and review the books on your blog. Then sell the books to your blog readers via Amazon.
If you enjoy gardening and do not mind getting your hands dirty, you can turn this hobby into a business. You can make a decision to solely focus on taking care of people’s yards and lawns for a fee.
Most people desire having beautiful yards characterized by green healthy grass. But the current demand for organic fruits and vegetables can make your gardening business very lucrative. If you have a green thumb and can grow tomatoes, peppers, or any other fruits and vegetables organically, you can sell them at local markets. Since the production of organic food products are also in high demand, you can also wholesale your veggies to food manufacturers. Sales of organic foods in the U.S. was nearly $40 billion in 2015.
For individuals who are gifted with creative or artistic skills, they can sell their master pieces online. They can also sell them at local art shops in their neighborhood for a reasonable amount.
If you are the type to encourage others to tap into their artistic side, you can teach an art class in the park. Pretty easy to do so and there is no facility necessary.
6. Pet Services
If you are a pet lover who knows their way around animals, then you can make some money from your hobby. Most pet owners are always busy and this gives them less time to spend with their animals. You can sit and groom pets for a fee. You can also decide to sell pet food and their accessories for profit.
In a recent survey, 68% of respondents said they treat their pets as well as they treat their children. That would explain why, according to the American Pet Product Association (APPA), Americans spent nearly $477 billion dollars on pet products and services back in 2010. Annual revenue growth in pet products and services is anticipated to grow at approximately 4.4%.
Without a doubt, this is one of the most enjoyable hobbies that can turn out to be a great business venture.
If you enjoy baking and you are good at it, then you can consider using it to make some money. You can start baking pastries and selling them to a small circle of friends and family to gauge their reviews. If they have good reviews you can proceed to supply coffee shops and restaurants in your area to earn some money. Baking can be seen as business that will eventually generate money if you take this hobby into another level.
Note: This type of hobby is not limited to just baking. Any type of culinary skill can turn into a business if you’re good at your craft and can gain a small following with your food.
8. Working Out
If you are a fitness fanatic who loves working out and knows work out drills for different body parts, you can make money as a fitness coach or personal training. Trainers used to be confined to the gym but many trainers are conducting workouts in public parks and at the homes of their clients.
All you need is basic workout equipment, some business cards, and a unique workout. Having a six pack doesn’t hurt either.
Like I mentioned earlier, everyone is producing content online these days. The demand for stuff to read is increasing and so is the demand for people who can produce something to read. If you write as a hobby then you can turn that pastime into a business.
Freelancers usually get paid per article that is published. There are several places online where you can sell articles or write for a portion of advertising dollars. Also, you can write for organizational newsletters and magazines.
If you are good with numbers and enjoy doing it, you can assist others by creating budgets for people who need help managing their money.
Managing money is a valuable skill to have. Since traditional education does not focus on everyday personal finance, most people need help saving money, getting out of debt, and investing. If you are knowledgeable in any of these areas, you can help a lot of people as well as make a good living.