![]() Having your reasons clearly outlined can help you stay the course and remember why you decided to become an entrepreneur in the first place. Of course, you want to be working on something you’re passionate about, but what else do you want from your business?ĭo you intend to quit your day job and run it full-time? Are you just looking for a side hustle? Do you simply want a challenge or even just the freedom to make something on your own?Īsk yourself these questions and determine, outside of passion, what you expect to get out of opening your own business. Simply deciding to turn your hobby into a business isn’t a goal. 10 steps to turn your hobby into a business 1. To get a full picture of your new entrepreneurial endeavor, you’ll want to follow these ten steps. If the answer is yes or if you’re unsure, then it’s at least worth exploring what your hobby as a business could look like. If the answer’s no, save yourself some heartache and choose some other way to make a living. ![]() Think long and hard before taking that step and ask yourself “If this doesn’t work out as a business, could I live with not ever doing it again because I won’t ever feel the same about it?” That fundamental change is something you need to be ready for. There’s a chance that you end up disliking the activity so much as a business that you never want to do it again. The pressure of working to a schedule and meeting financial goals and customer expectations can simply take away the fun, relaxation, and personal satisfaction. Typically it’s a question of feasibility, and we’ll cover that in a bit, but when you’re adapting a hobby there is one additional complication to consider. Should you start a business?Īs you toy around with the idea of turning your hobby or side hustle into a business, there’s one question you should ask yourself first. It’ll take time, dedication, planning, and a bit of risk on your part. However, it’s going to take more than just passion to launch a successful business. If what you do outside of “work” is your true passion, then why not consider making it your career too? After all, you probably want to love what you do, especially if you’re going to spend most of your life doing it. ![]()
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