How to monetize your hobbies??

How did you choose your profession? Did you pick a job that you thought would be easy? Or lucrative? Or glamorous? Or, did you pursue a career related to your interests and hobbies? Chances are, you didn’t base your decision on the latter—but you probably should have.
Why? Hobbies are the things you choose to do; activities that you’re probably good at and enjoy doing, and these personal expressions “will give us unedited clues as to our real desires and interests. In fact, the earlier we are able to observe our personal tastes as they show up in hobbies and outside activities, the more powerful a lead these things will provide in steering us to meaningful professional and career choices.
While there can be tremendous joy in earning income from doing something that you might happily do for free, there are also practical benefits. “It can be easier to segue into a hobby-related career since you may already have many of the skills, experiences and personal connections needed for success.
But you need to spend time seriously evaluating whether turning your hobby into your work is a good idea. Sometimes it’s best to leave the two as separate and distinct parts of your life...

Here are a few ways to monetize a hobby:

(1) Teach others to do what you love.

Teach piano lessons, offer cooking classes, or teach another language, if those are your passions. You can do this by teaching through a college or continuing education program, by creating your own classes, or by creating your own webinars or tele-seminar series online..Social media is one of the greatest asset in the world today.
(2) Speak or write about your hobby.

Hobby related how-to topics, historical perspectives, and compelling stories, are all of interest to enthusiasts, and you could get paid to do it.
(3) Teach the business of the hobby.

I have a female friend who worked as a marketer in an insurance company but her hobby was cooking...Now She teaches marketing to cooks and earns from it and she's actively involved in the cooking business owning a company that offers catering services...

(3) Appraise, repair or fix items related to what you love.

Most hobbies have “stuff” connected to them, and sometimes, that stuff needs to be fixed by a skilled and knowledgeable person. “You could fix computers, appraise collectibles, repair bicycles, source missing parts for highly unusual items, and so on.
Now this third point I engage in and it has been awesome...I get paid for fixing computers...A skill I took as a hobby....
(4) Create a tour or performance series around what you love.

I'm a photographer and recently I engaged in holding photography sessions in several locations within Delta state....Nigeria and turn up of clients is impressive....It started as a hobby..I loved gathering people and taking photographs of them...Now it is being monetized as I get paid to do so. I plan on making it a large scale activity not restricted to Delta state Nigeria...

The next time you find yourself confused as to how to generate income from your hobbies, search out the most successful entrepreneurs in your area of interest and study their business models and revenue streams and ask yourself: Is their income coming from consulting services, videos, accessories, events, classes or product sales? What is their mix of products and services? What is their pricing strategy?” In doing this, you’ll discover proven models for monetizing your hobbies, as well as helpful information about how to price your own services and products.
Not everyone is going to wind up a star by following a well-loved hobby into a professional setting, however, it can be taken as a promise that, if we follow the lines and design of our natural interests and loves, we will give ourselves the very best chance to grow into the most successful human beings we can be. It will also ensure that we have more days we love because we’re doing the things that most interest us, nourish us, and give us expression...