How to turn that hobby into a business
For the free-spirited, working a 9 to 5 job can be restrictive and exhausting. It’s no secret that many employees dream of having their own business.
Your own business makes you your own boss, allowing you to determine your schedule while doing what you really love.
But let’s face it, starting and running your own business can be easier said than done. Lack of funds, fear of failure, overwhelming responsibilities and self-doubt make the road to successful entrepreneurship a challenging one.
However, you don’t have to jump head-first into entrepreneurship. You can test the waters by dipping your toes rather than taking the plunge all at once. Here’s how to turn your hobby into a full-time job, one step at a time.
PICK THE RIGHT HOBBY
If you want to eventually turn your side gig or hobby into a business, make sure you choose it right. Unfortunately, not all hobbies can be easily turned into lucrative full-time businesses. Some hobbies might even cost you money, rather than help you make more of it.
Choose something that will potentially make you money rather than cost you. Do you enjoy writing? Create a blog. Do you like to design? Consider taking a class. The goal of the first step is to get started. And you’ll start to improve.
It doesn’t have to be a lot of money at first, but you should think about doing something you’re enthusiastic about to avoid burnout. Spend some time practising outside of your full-time employment to get a feel of it without taking any substantial risks. Read More…