Features
Hobbies that make money: How to turn your hobby into a career
Over the last year or so, many of us have had more time to work on our hobbies and side projects. For others, it may have been the time where you’ve found a new pastime or activity you enjoy. But what about turning your hobby into a career? We take a look at how to make money from your hobby.
As well as providing some tips for making a business from your side project, we’ve also looked at how to find a hobby and some things to consider before you pursue it as a career.
What is a hobby?
First things first, let’s look at what we mean by the term hobby. Essentially, a hobby is an activity that you regularly do for enjoyment, relaxation or fun. Usually, a hobby is something that you do in your spare or leisure time. However, as we’ll see, it’s also possible to turn that hobby into something more structured.
This broad definition means that there are many different activities that count as hobbies. Whether it’s a popular creative pastime with lots of fellow enthusiasts and resources or a more niche way of spending your time, most people have hobbies.
How to find a hobby
If you’re looking for new ways of filling your time, there are plenty of options to choose from. As the world slowly starts to return to normal, there will be more options than ever before when it comes to trying something new.
Some considerations when looking for a hobby include: Are you looking for something more creative or active? Are you seeking escapism or tangible gains? Is there something you used to enjoy doing but haven’t had the time to keep up? Do you want your new hobby to be similar to existing ones?
Hobbies that make money
Of course, the thought of having a side hustle that makes some extra cash is an appealing prospect for many. So what are some hobbies that make money? In reality, there’s no straightforward answer – it often depends on your skill, dedication, and the market conditions.
That being said, there are certainly some trends that seem popular at the moment. We’ve picked out a few examples of hobbies that make money below:
Creative: Hobbies such as writing, design, crafts, music, photography, and other creative pursuits can lead to all kinds of side projects that make money. As a freelancer, you could easily start a blog that shows your creative skills and pitch for project work.
Tech-based: If you’re interested in coding and programming, games design, web and software development, video editing, or other tech-based skills, you might find it easy to pick up projects that pay for your expertise.
Food and drink: For those who enjoy baking, cooking, gardening, home brewing, and other culinary pursuits, you might find opportunities to sell your wares either locally or online.
Of course, these are just a few ideas to get your imagination running. In reality, if you have a unique enough idea and the passion to complete work to a high standard, you’ll often find people who are willing to pay for your craft.
That being said, picking up some casual income from a hobby is entirely different from making a business or career from it.
Hobby vs business
It’s important to make the distinction between a hobby and a business. There are several reasons for this. Perhaps first and foremost is that, depending on where in the world you are, if you’re making money from your hobby, you might need to think about the tax implications of this.
In the UK, for example, you have to declare the money you make from a hobby to Her Majesty’s Revenue and Customs (HMRC). However, there are some exceptions to this, mainly that you can earn £1,000 tax-free from your hobbies.
Another consideration is what you’re pursuing your interest for. Do you want to rely on the income you make, or are you purely in it for the enjoyment? A hobby is something that you can pick up and put down according to your schedule, while a business is something that takes time and dedication.
When does a hobby become a business?
For some people, the transition from hobby to business is a gradual and often unconscious one. What starts as entertainment can gradually end up as a side-hustle as time goes by. For others, there is a more definite transition. But from a legal standpoint, when does a hobby become a business?
In the UK, there are some ‘badges of trade’ set out by HMRC that determine whether or not your hobby is a business. Essentially, if you’re making money from it, you’ll need to declare it for tax purposes if that amount is over £1,000. Similarly, if you’re making regular transactions, repairing or modifying people’s assets, or borrowing money to fund transactions, then it’s considered that you’re ‘trading’.
Alternatively, you could go through the process of setting yourself up as a sole trader or limited company before you start selling your products or services. This can mark the start of your hobby becoming a business.
… to be continued.
—Futurelearn.com
In a country like ours in which we are aware of our challenges, all that is required is focusing on strengthening our institutional processes by making them more robust and transparent. In this regard, investment in digitilisation must be prioritised since the human element to cut corners is inherent in the psyche of some people and therefore cannot be trusted to do the right things out of their own volition.
Enforcement of existing laws and regulations must be reviewed to see what is working, which ones have to be tweaked to be able to address current challenges, and those that have become obsolete and must be discarded.
One issue that needs to be given priority attention is remuneration. A former President is alleged to declare that we pretend to pay workers and they also pretend to work. This indeed sums up the quandary facing government after government. Workers’ salaries are crucial in the fight against corruption. A realistic living wage must be given to workers; otherwise, they will seek avenues to address their personal budget deficit.
On day one, what should engage the attention of government is Energy, making it available and affordable. The industrialisation agenda cannot be successfully executed without power that is readily available, reliable, and affordable. Solar energy must be factored in the quest for affordable and reliable power for industry.
The fuel sector issues must be urgently addressed so that it can impact positively on the transportation sector, which plays a key role in the supply of goods and services. The railway infrastructure plan linking places like Boankra Inland Port to prolong the lifespan of our roads and to fast track distribution of goods from the Capital City to the inland areas of the country should be a top priority item.
A well-structured system linking industry to academia must be quickly established to serve as a catalyst towards the industrialisation drive. Research findings from the universities must be channelled to captains of industry in a timely manner. Effective channels of communication should be established to facilitate shorter product-to-market times.
An effective mechanism for fishing out needy but talented children must be established, as well as a sponsorship package for talented individuals who are needed for certain critical areas of the economy — what I term critical investment in education.
Certain changes must be made in the constitution, particularly the appointment of the heads of certain constitutional bodies or institutions. This is to ensure that the Executive arm of government does not wield too much power to ensure accountability and checks and balances really work.
The Attorney General’s Office must be detached from the Executive arm of government. The Nolle Prosequi provision must also be amended to compel the Attorney General to give an explanation of why he or she is declining to prosecute a particular case or discontinue it. The provision that protects sitting Presidents from prosecution must also be reviewed.
The punishment for some of our laws needs a review. We must review the removal of CJ provision to ensure the independence of the Judiciary.
Above all, there must be a mindset of change, i.e., a paradigm shift from inability to capability. Inferiority complex must give way to a pacesetters mentality, and all will be well. God bless.
NB: KOTOKA INTERNATIONAL AIRPORT TO KOFI BAAKO INTERNATIONAL AIRPORT
BY LAUD KISSI-MENSAH
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Features
The impact of emotional surgery and emotional elysium on neurological and neurosurgical procedures
Abstract
THIS comprehensive review aims to explore the impact of emotional surgery and emotional elysium on neurological and neurosurgical procedures. We examine the scientific literature on these approaches, including their definitions, theoretical frameworks, and applications. Our analysis highlights the potential benefits and risks of these approaches and discusses their implications for practice.
Introduction
Neurological and neurosurgical procedures are complex and delicate, requiring precision and accuracy to achieve optimal outcomes. Emotional surgery and emotional elysium are two innovative approaches that have the potential to enhance the success of these procedures. Emotional surgery involves the use of art and other creative techniques to promote relaxation and reduce stress, while emotional elysium focuses on cultivating positive emotions and promoting emotional well-being.
The Role of Emotional Surgery in Neurological and Neurosurgical Procedures
Emotional surgery has been shown to be effective in reducing anxiety and stress in patients undergoing neurological and neurosurgical procedures. By promoting relaxation and reducing stress, emotional surgery can help patients prepare for procedures, leading to improved outcomes and faster recovery times.
The Role of Emotional Elysium in Neurological and Neurosurgical Procedures
Emotional elysium has been shown to be effective in promoting emotional balance and resilience in patients undergoing neurological and neurosurgical procedures. By cultivating positive emotions and promoting emotional well-being, emotional elysium can help patients cope with the stress and trauma associated with these procedures, leading to improved outcomes and enhanced quality of life.
Benefits of Emotional Surgery and Emotional Elysium
The benefits of emotional surgery and emotional elysium in neurological and neurosurgical procedures are numerous. These approaches can:
- Reduce anxiety and stress: Emotional surgery and emotional elysium can help patients manage anxiety and stress, leading to improved outcomes and faster recovery times.
- Improve emotional regulation: Emotional surgery and emotional elysium can help patients regulate their emotions, leading to improved mental health and well-being.
- Enhance patient experience: Emotional surgery and emotional elysium can improve the patient experience, leading to increased satisfaction and improved outcomes.
Conclusion
In conclusion, emotional surgery and emotional elysium are two innovative approaches that have the potential to enhance the success of neurological and neurosurgical procedures. By reducing anxiety and stress, promoting emotional balance and resilience, and improving patient experience, these approaches can lead to improved outcomes and enhanced quality of life for patients undergoing these procedures.
Recommendations
- Further research is needed: More research is needed to fully understand the benefits and risks of emotional surgery and emotional elysium in neurological and neurosurgical procedures.
- Integration into practice: Emotional surgery and emotional elysium should be considered for integration into practice, as they may offer a valuable tool in the treatment of a range of neurological and neurosurgical conditions.
By exploring innovative approaches like emotional surgery and emotional elysium, we can improve patient outcomes and enhance the quality of life for individuals undergoing neurological and neurosurgical procedures.
BY ROBERT EKOW GRIMMOND-THOMPSON
