If you want to earn a living doing what you love as little or as much as you want then it's a simple formula. Get REALLY good at doing it, then find a marketplace of people that thing is worth a lot to and offer it to them at a fair price.
If you want to make a business out of it, remove your ego and be comfortable with the fact that there are people out there who are better at doing that thing that you are. Refine the service delivery process and improve your offering. Get those talented people involved.
Being good at a skill/ craft is not the same as being good at business. Building a BUSINESS that does the thing you do is a different mindset to being the practitioner who delivers the service.
If you're rubbish at numbers, systems and spreadsheets you'll struggle with this to begin with but push through. Leverage other people, systems and resources to scale up.
First time I hit a £20k+ month I was living in my mums house in South London. I had no employees and very small overheads. I created systems and leveraged partners in my supply chain.
I'd removed myself completely from having to do any physical labour and became more of a sales person and project manager at this point. The business still heavily relied on me though, so then I started refining the service delivery process and looked at getting other people in
Having a valuable product with the right process to deliver it and the right people to deliver it on your business' behalf will set you up for scalability. Doing everything yourself will just run you down.
What I'm talking about here is what will separate you from being a freelancer/ contractor into a business owner.

That being said if you're comfortable being a freelancer that's fine. Just know that your income will always be tied to the physical work you do.
Eventually you could lose passion for what you do because you're life is dependent on your being in operation all the time. If you build a business based around the skill you're good at, eventually IT will make you money and you'll get your time and freedom back.
You can follow @MasterKieza.
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