Earning an income can be fun!
5 STEPS to turn your HOBBY into a BUSINESS:
1. Decide if turning your hobby into a job will ruin the fun.
Part of the benefits of having hobbies is the fun it provides and the satisfaction and relaxation that goes with the activity.
2. Determine whether or not there is a market for your business.
Do your market research and determine whether or not people will actually pay real money for your homemade products or services.
3. Make a Plan.
If you decide to move forward, create a business plan that outlines your business goals and how you are planning on achieving these goals.
4. Market Market Market.
The secret to turning an idea into a reality is ensuring that people know about your newly found venture. People cannot use your service or buy your product if they don’t know about you. In today’s competitive industry, you cannot run a business without having a strong social media presence. To learn more about what this entails, enroll in our short course on becoming a Social Media Strategist, today!
5. Have FUN!
Although the technical jargon, financial planning, and administration behind your new venture might be time-consuming, don’t lose sight of why you started. Manage your new business idea, and remember to have fun while doing it.