subject: Turning Your Hobby Into A Fortune [print this page] Are you considering whether to take the plunge and make a fortune out of one of your hobbies? It is very simple.
1. You read two books a month in your spare time on your favorite subject. It could be about cooking. It must be about something you love to do. In 12 months that is 24 books. In 24 months that is 48 books. If you have read 48 books on your favorite subject you are an expert on the subject. You can be a consultant on the internet and advertise your expertise free on your blogs. You know more than most of the authors who wrote the books that make you an expert. It is the experts of our world that are earning the big money. Scammers and flakes and losers do not make much money for very long.
2. You learn about blogging. There are all kinds of information for free on the internet. You can learn exactly what your competition is doing. Check them out with page one, rank one key words. Then copy what they are doing and whaala, you are number one on google.
3. You can post information about what you have read each week about your favorite subject. This is easy for you because it is what you love to talk about. Now you are going to get paid to do it.
4. You can google the "CPA letter". It is all about keeping your job and earning a guaranteed pay raise to help with the small bills of blogging. If this is not part of your inventory you are not ready to be your own boss. This letter is for you to hand deliver and discuss with your CPA. It is suggested that you interview two or three CPAs unless you already have one you like. This effort can easily put 10% more income every month, back in your pocket, starting next month. Here is a sample of the CPA letter where you review many parts of the letter with a prospective CPA. Dear CPA, I am interested in creating a business in my home, on how my web site is making me a small fortune. I understand you can help me divert as much as 50% to 100% of my current monthly taxes back into my pocket by transferring personal expenses that are not deductible into business expenses that are deductible. The key is to have more expenses than the standard deduction. The letter continues on, showing how it is easy to have as much as 4 times the standard deduction.
5. Put ads on your blogs from google.
6. Send out articles about your blog .
7. Turn your articles into video and get a ton of business from the social medias.
What you are doing is slowly creating a business that you love. At the same time you are increasing your education. And everyone knows that with specialized education you improve your financial well being.