Monday, November 13, 2006

Sell Your Knowledge Turning Your Hobby Into Profits

Copyright (c) 2006 www.hobby4profit.com

Everyone has a hobby of some kind - most people have
several. There are people who collect stamps; people who
make scrapbooks or create graphic designs with their
digital photos; people who love horseback riding, hiking or
bicycling.

Maybe you do something that you don't even know is
considered a "hobby". Technically, anything that you
engage in for fun that is outside of your occupational
activities is considered a hobby- so chances are you have
lots of hobbies.

Have you ever considered turning one of your hobbies into a
business? You may be surprised at how virtually any hobby
can be converted to profits, and without tremendous
overhead or ridiculously high start up costs.

What's even better, you aren't required to have a specific
product to sell! In fact, you can make your knowledge your
product to sell.

If you participate regularly in some sort of hobby, you are
bound to know quite a bit about it. If you make scrapbooks
of your family and friends, then you probably have
extensive knowledge about where to get the best deals on
your scrapbooking supplies, and how to create special
effects on your photo album pages.

Maybe you have magazines and websites that you refer to all
the time for inspiration. You have the personal knowledge
of what it took to get started in the hobby. For example,
scrapbooking requires that you have access to supplies like
paper, stickers, glue, photo albums and scrapbooking tools.

Someone who has just learned about scrapbooking and thinks
they want to start the hobby will need to figure out what
they need to get started. You could offer this knowledge
as your product to sell. Think people won't buy it? Think
again.

If you've ever used a search engine to look up information,
you know that it's time consuming to sort through all the
data to find exactly what you're looking for. Often,
you're given tons of information that doesn't seem all that
reliable, and you have to determine what you can use and
what you need to avoid.

When you make your personal knowledge of a hobby your
product to sell- you're helping everyone who wants to find
that information without spending hours searching for it.

You do not need to have a physical product to sell in order
to make a profit. In fact, having an inventory or having
to create physical items from materials offers a lower
profit margin than selling information.

Information products are among the top items to sell for a
variety of reasons. They offer a low cost to get started,
meaning you start earning a profit after just a couple
sales. Informational products include eBooks, online
courses or email courses, software, audio files, web sites-
basically anything that can be downloaded from the internet.

You aren't required to have an inventory and you can set up
your business model to allow you to earn money by the work
other people do for you.

So now, maybe you're thinking that this is all well and
good- but you still don't have a product to sell! You
haven't written an eBook, and maybe your writing skills
leave little to be desired. Creating online or email
courses are time consuming, and to create software you need
special training. You can still sell your knowledge.
Create a "package" of items that someone would need in
order to get started in a particular hobby, and promote it
as the "everything you need to know" about starting the
hobby.

Contact someone who has written an informative eBook on the
topic; find someone else who has made an online video or
radio show regarding it, and request permission to sell the
items in your package. If they have affiliate programs,
you can probably sign up for the affiliate programs and
earn commission that way. Include your list of great
providers for supplies or information that you refer to
regularly, and anything else you know a person needs in
order to get started in the hobby. This is a product to
sell: selling your knowledge.

Once you've earned money from this type of information
product business, you can invest in the creation of your
own products if you want, or start offering more
informational products that allow you to sell your
knowledge.

----------------------------------------------------
Antonio Thornton started with $37 and turned his "nerdy"
computer hobby into a $500,000.00 per year business. Get
the free Hobby For Profit Audio Report and discover how to
turn your hobby into profit today!
http://www.hobby4profit.com/freeh4p