Do you have a hobby that creates an end product that you can sell? If so, you might be able to create a profitable small business from it! Don’t go running to quit your day job just yet, though. There are several steps to take between daydreaming and actually making a living doing the hobby you love.
First, you have to honestly ask yourself if you want to turn your hobby into your job. Do you have enough energy and stamina to keep doing the thing you love until it’s a viable business? A good way to test this is to work on building up a business in your free time. Keep your day job, but work on building a viable revenue model for your potential new business in your downtime. If it turns out to be something you’re ready to do, you’ll need a strong network of friends and contacts to help you. Reach out to anyone you know who might be willing to lend a hand and spend time on social media engaging with your target market. To find that target market, you have to understand the niche you’re trying to fill. There are a lot of competitors out there, but once you understand what you offer that they don’t, you’ll be well on your way to a successful small business!
Read the full article here: 6 Steps to Turn a Hobby Into a Small Business
