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Go Fishing Day: 6 ways to reel in money through fishing

In this article

  • Become a bounty hunter. People will pay you to remove fishes that show up in lakes and pose a threat to natural balance.
  • If you’re competitive, then it’s likely that the thought of being in a fishing competition and winning cash prizes will excite you.
  • If you have the talent, then look into creating fishing products. Setting up an online marketplace for the same is easy.

Are you ready to drop a line in the nearest stream, pond, lake, or river — it’s National Go Fishing Day. 

The best kind of summer break from the mundane routines is to bait a hook and catch some fish. It is a favorite summer pastime for a reason! But if you’re devoted to fishing whenever you find free time and may have wondered how you can make money doing one of your favorite activities—here are 6 ways to do so, because there’s nothing like doing something you love and making a couple of extra bucks doing it. 

Enter fishing contests 

Competitive much? Then this shouldn’t come as a surprise to you that you can make good money competing in fishing contests. It’s not the easiest way to earn cash as a fisherman because the competition is likely to be fierce, but if you win, you’ve hit the jackpot. Many of these contests offer juicy cash prizes.

Deep-sea fishing business

Deep-sea fishing is an exciting fishing sport no doubt. Whether you’re fishing for marlin, swordfish, tuna, or a trout, the experience is thrilling and the memories last a lifetime. 

But if you’re wondering how to monetize this, you’ll need a boat or a charter to take paying customers on their deep-sea fishing adventure. FYI, do store necessary documentation, insurance and safety equipment on board.

Become a fishing guide

If you are well aware of the best spots to catch fish in your town, become a fishing tour guide. This is something that people need if they aren’t familiar with the area and they will pay for your services. While you’re giving out some fishing advice to your customer, you’ll also be able to enjoy fishing side-by-side. 

Tie fishing flies for profit

Fishermen look for “that edge” that will bag them one big fish. If you have the talent to make attractive baits that can lure a trout, then you should consider tying fishing flies. The advantage of this type of business is the startup cost is low so you might want to look into creating fishing baits. Your years of fishing know-hows can come in handy. 

Clear fish from lakes

This is scary and rewarding at the same time. If a nearby lake has one too many predators, it will need to be cleared. Why? They can decimate the numbers of other fish in the lake which will, in turn, affect fishermen. If the lake is a tourist hotspot, then too many predators in a lake can kill the community. 

This job is lucrative if you’re willing to travel to where the fish bounties are. You’ll need nets, manpower and possibly a boat if it is a large lake.   

Breed and sell 

You can also make money from breeding aquarium fish or fish for ponds for fish farmers. These fishes could be anything from guppies to goldfish to koi carp and sold to pet shops. Or you can even find customers through local advertising. 

This page is purely informational. Line does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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