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Re:Monetizing hobbies by AussieWog93 on Saturday April 23, 2022 @07:47AM (#31133432)
I've monetised my hobbies three times so far.

All three times it has become lucrative, but none of them are hobbies any more.

One of the important things along the way I've learned is that what makes hobbies relaxing and fun isn't about the specific task you're doing but the fact that it's about enjoying the process of making/doing rather than feeling pressure to deliver the end result.

That's not to say I have any regrets about what I did - it's turned into a pair of businesses that are interesting and challenging in their own way while bringing in some serious coin - but the whole adage about "do what you love and you'll never work another day in your life" doesn't apply to running a small business.

Re:Monetizing hobbies by rockbruno on Saturday April 23, 2022 @07:52AM (#31133454)
I agree with this sentiment. I started taking sponsorships for my blog and it very quickly sucked the fun away from it. I now felt like I couldn't do whatever I wanted because I needed to optimize the sponsor's time and post content to make them feel like it was worth it. In other words, it became a boring job.
Re:Monetizing hobbies by mooreds on Saturday April 23, 2022 @12:04PM (#31135477)
> the whole adage about "do what you love and you'll never work another day in your life" doesn't apply to running a small business.

Is that because when you turn a hobby into a business there are lots of non-hobby tasks and requirements? Like sales, marketing, etc, etc?

Or because of the pressure of delivering the result?

Or for some other reason?

Re:Monetizing hobbies by WJW on Saturday April 23, 2022 @12:42PM (#31135859)
Hobbies are almost by definition not mandatory activities. Earning money to eat and pay the mortgage is not really optional. Making the hobby activity mandatory will make it feel a lot more like work and a lot less like a "fun" activity. It might not be as bad as working in an Amazon warehouse, but it'll be a job all the same.

Worst case, if you get burned out on the new job you will not only no longer have a job but also won't enjoy your hobby anymore.

Re:Monetizing hobbies by egypturnash on Saturday April 23, 2022 @01:53PM (#31136531)
My experience as someone who loves drawing and does often delightedly remind herself that her day job is sitting around a park drawing shit:

basically, yes, all of these reasons apply.

I'm good at drawing, not at selling myself; my work sells itself to a certain degree but that only gets you so far. Not everything I'm paid to draw is a thing I love to draw, either. And sometimes even a thing I love to draw becomes less fun when it has to meet someone else's approval; going back and forth with a client is a very different feeling than "I start drawing and I fix things I don't like until I'm happy with the piece".

Deadlines suck and I mostly arrange my work so as not to have any. Yes, this is a luxury. It probably means less money but I make enough to get by.

Re:Monetizing hobbies by earth_walker on Saturday April 23, 2022 @12:15PM (#31135593)
Most hobbies doesn't have sales, marketing, taxes, regulatory mandated recordkeeping, deadlines, people yelling at you, or "regular business hours". Businesses have most if not all of these.
Re:Monetizing hobbies by AussieWog93 on Saturday April 23, 2022 @08:17PM (#31140022)
>Or because of the pressure of delivering the result?

It's mainly this. It's not a hobby when the customer needs their product delivered by Thursday, not is it a hobby where you need to maintain a certain output to pay the bills.

Sales and marketing are just a thing that you get used to.

Re:Monetizing hobbies by agumonkey on Saturday April 23, 2022 @08:22AM (#31133662)
> All three times it has become lucrative, but none of them are hobbies any more.

I regularly wonder how to balance the intrinsic pleasure with extrinsic value. I keep thinking that people could meet on the point where both find great pleasure in this venture. Something rare in the current economy it seems.

Re:Monetizing hobbies by kqr on Saturday April 23, 2022 @09:41AM (#31134178)
It's hard because extrinsic motivation kills intrinsic motivation (see Drive for some of the behavioural science here). Once you start putting a monetary reward on things, people in general lose the interest in doing them for their own sake.

So I think for this to work, you have to go full collectivist: gather up a bunch of people interested in different things, produce stuff for each other and divide equally with no money being involved in the transaction.

Re:Monetizing hobbies by bombcar on Saturday April 23, 2022 @09:31AM (#31134097)
One way to do it have the hobby be something that’s entirely yours (you carve intricate models of Vietnamese railway cays say) and someone else sells them, almost without any communication as to “what is selling etc”.

Never take orders.

Re:Monetizing hobbies by agumonkey on Saturday April 23, 2022 @09:45AM (#31134217)
kinda like agents and artists ?
Re:Monetizing hobbies by bombcar on Saturday April 23, 2022 @10:24AM (#31134527)
The hard part is finding an agent who will not try to convince you to do things to increase profits.

But yes, some artists have famously gone through intermediaries such that there isn’t a feedback loop possible.

Re:Monetizing hobbies by is_true on Saturday April 23, 2022 @08:47AM (#31133806)
A hobbie with dates isn't a hobbie.

I also successfuly monetized my hobbies.

Re:Monetizing hobbies by scrapcode on Saturday April 23, 2022 @09:32AM (#31134104)
Interesting tidbit that obviously has plenty of objections. However, I do feel that this is the biggest barrier to my progress in one of my hobbies, jiu-jitsu. I have plenty of time to dedicate 10+ hours a week to fitness, but it is the aspect of having a set time that seems to limit when I can, or want to go.
Re:Monetizing hobbies by nicolas_t on Saturday April 23, 2022 @09:07AM (#31133915)
Which hobbies did you monetize? I'm curious. I'm guessing EspoTek Labrador is one of them (which I'll be sure to remember when I get back into electronics)
Re:Monetizing hobbies by sprkwd on Sunday April 24, 2022 @05:08AM (#31142374)
I’d love to know what they all were.