I recently came across this site on my hunt for more homebusiness knowledge: PowerHomeBiz.com. It looks to be interesting site, so check it out.

I liked this tip from this article:

12. Blogs monetized by ads. One low-cost way of earning money from home is by starting a blog and monetizing it via advertising. Blogs, or web blogs, are commentaries, opinions or information that uses a dated log format. The key to a successful blog is to write about topics where advertisers abound, and those are usually topics that bring in visitors looking for ways to spend money. Instead of writing about personal musings, the commercially successful blogs are those that are able to generate a wide audience, and depending on the advertising programs implemented, with users that are responsive to ads.

Read How to Make Money from Blogs.

But, it is NOT a get rich fast scheme. You need to put some work and effort also into it…

We all have one or more hobbies (more or less). The great thing about a hobby of yours is that you have the knowledge/skills and equipment to do that hobby. And of course you do love or like the hobby. So why not try to make some money of that hobby ?

“What can I make money on from a hobby…?”

Well, at least three things:
- Knowledge (information/skills/experience), we all need how to’s.
- Products (like equipment or items like plants).
- Services (like animal care).

“What hobbies can I turn into a income stream…?”

The most liked hobbies are the best, like for example:

• Sports fishing (sell your own knowledge as a ebook/equipment like fishflies/lures).
• Scrap booking (a popular hobby these days).
• Gardening (sell your own plants/knowledge/services like garden design).
• Pets (sell your own knowledge/products/services like animal care).

Start by writing down your knowlegde today and organize it into a file or multiple files. It takes time to do that. And you can sell your knowledge later on eBay or ClickBank. Many does that. Visit forums to gather more knowledge to use in your ebook. Then your ebook is done, you can start thinking on marketing it.

Try starting a blog to share some of your information/knowledge to gain readers (potential customers) and visit forums to help others and place a link in your forum signature to your blog. I recommend you try Wordpress.com first. You can showcase your products and services on your blog. And even upload a photo to Flickr.com of your product and referring to your webshop.

Giving away a free ebook (free report) packed with information/knowledge with links back to your websites/blog/forum can be a traffic builder. It will circulate on the net and refer people to you. Make it from 30 to 70 pages, but not over 100 pages.

A helpful video or three on YouTube can be a trafficbuilder.

A great tip is to always carry with you a notepad and a pen. Doing this you can capture ideas about how to make money on not only your hobbies, but all other things in general. Good ideas must be written down before they disappear into thin air and may get lost for ever.

I find the time before bedtime to be a good time for getting new ideas. And then I go for a walk or surf the net or read a book I might get suddenly a good idea. So I try to capture that idea for later on paper.