A decade ago, the term “foodie” was barely on anyone’s radar. Nowadays, you can’t go anywhere online or in the real world without running into it. Such is the strength of the renewed interest in eating well. Clearly, there’s money to be made by exploiting this movement. Here are nine solid ways to make a pretty penny from food-related entrepreneurship.
Create a Food Product
Let’s start out with the obvious. Launching your own product is the most direct way to profit from your love of good food. Whether it’s specialty popcorn, maple candy, beef jerky, sourdough bread, salsa, pickle relish or BBQ sauce, your product needs a hook to stand out. Try taking the all-natural route and making your product 100% organic.
Start a Food Blog
If you’re passionate about food, launching a food blog can be a great way to profit. Pick a specific niche and monetize your posts with affiliate links and a few ads. If you need some inspiration to guide your efforts, check out Touch of Yum to see how a robust food blog really works.
Enter Recipe Contests
If you have a bunch of killer recipes hanging around your kitchen, you can potentially monetize them by entering recipe contests. You could either compete against other cooks directly in cooking showdowns or submit your recipes to online contests. Storied dishes such as the Reuben sandwich came to prominence as a result of recipe contests.
Publish a Recipe Book
Another smart way to make a mint from your accumulated cooking knowledge is by publishing a book of recipes. Nowadays, it’s easier than ever to publish books on a budget. You can take advantage of physical book publishing services like Lulu or simply release your book as a digital download for PCs and tablet.
Create a Cooking Show
Preparing and cooking food at a high level is something that is best taught in a visual manner. You can easily create a cooking show on your local cable access channel and monetize it with local business sponsors. Alternatively, a YouTube channel that boasts AdWords ads and affiliate links can be even more lucrative.
Mobile Events Catering
Whether it’s a food cart or a traditional buffet-style catering business, delivering your grub onsite to consumers can produce great profits. Once you’ve built a name for yourself, you should be able to land plenty of gigs catering weddings, civic gatherings and sports events. The hardest part is selecting just one niche to focus on.
Sell Utensils & Accessories
There’s more to creating outstanding food than raw ingredients and technique. Like an experienced woodworker, a good chef needs plenty of hardware to achieve their visions. You can make some decent scratch by selling cooking equipment online or out in the real world. Alternatively, you could design and sell your own gear to consumers.
Become a Food Photographer
In the world of food, presentation is everything. As a result, high-resolution photos of meals and other tasty concoctions are a big part of the marketing equation for everything from cooking magazines to grocery labels. If you’ve got digital single-lens reflex camera, like the Canon EOS Rebel T3i 18 MP CMOS Digital SLR Camera and DIGIC 4 Imaging with EF-S 18-55mm f/3.5-5.6 IS Lens (aff) and a knack for capturing food in its best light, you can make some serious money.
Teach Nutrition Class
One can make a positive difference in the lives of others and earn a healthy side income at the same time by showing them how to eat right. Teaching nutrition classes at your local community center or church can be a great way to share your love of delicious, healthy food with your fellow citizens.
Earning Well through Eating Well
Obviously, there are quite a few ways to create thriving businesses that revolve around food. These days, eating well and living well are viewed as being the same thing by quite a few people. Given this new reality, the sky’s the limit as far as monetizing cooking, recipes and food in general is concerned.