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Should You Turn Your Hobby into a Business? Five Questions to Ask

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https://lifehacker.com/should-you-turn-your-hobby-into-a-business-five-questi-1621000300

lifehacker.com

Should You Turn Your Hobby into a Business? Five Questions to Ask
Sure, you love your favorite after-hours activity now, but will you love it when it's your only source of income? Turning your hobby into a business is a big decision, and you need to ask yourself a few questions before taking the plunge.

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Hobby to business: questions to ask

Hobby to business: questions to ask
  • Will I enjoy doing my hobby on a deadline?
  • Will I enjoy doing this with constant financial pressure to perform?
  • Is this hobby my outlet for relaxation? Bec...

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Eat Meals Earlier 

Don't eat any heavy foods within two hours of bed time. 

If you get too hungry as bedtime creeps around, there are a few foods that are okay to eat before bed, and can even h...

Do Something After You Eat

After you eat, get up and do something a bit more active—even if it's just washing dishes or taking out the trash. It'll avoid that post-meal drowsiness, and it's a great time to have a 10-minute cleaning burst to keep your house looking nice.

Avoid Napping

Napping can make it more difficult to fall asleep at night:

If, after you've thoroughly tested your evening routine and gotten better sleep, you still feel drowsy, you can try adding a power nap to your day, preferably during the early afternoon. 

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Your Product

Consider why people come to you for advice. What information do you possess that can be refreshed, repackaged, remodeled, reinvented and rebranded?

Think of at least 20 ways you can of...

Your Promotion Plan

  • Create a portfolio by putting together samples of your work. If you’re a baker, create samples to share with others. 
  • Don’t be afraid to give away free services or products. People want to get to know, like and trust you before they buy from you. 
  • Secure your business name, get business cards, and start thinking about your website. 

Your Platform

Who do you see buying your product or service? 

Create a client avatar: give them a name, age and personal style. Consider what they read, where they go, who they spend time with, and what they value. 

Network with people daily and let them know what you’re doing. You can do this easily with online social platforms like Facebook, Twitter, LinkedIn, Pinterest and Instagram.

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Your Future Career Remuneration

Look at the bottom end of the average salaries of the career you are interested in and ask yourself whether you'd be able to survive on that if you got one of those jobs.

Similarly, lo...

Brush Up Your Skills

  • Research What's In Demand. Your first stop should be the boards and company websites that post the jobs you're interested in.
  • Beef Up Your Resume. Don't neglect the experience you already bring to the table. Soft skills you may have learned (management skills, organizational skills, etc) may be a huge benefit, so don't write them off completely. 
  • Go Back to School to pick up those new languages, skills, and techniques required to be competitive in your chosen field. 
  • Build Your Network. Get acquainted not just with the people you want to emulate, but other people who are doing what you do now.

Get Some Experience

  • Use Your Skills for Personal or Pet Projects.
  • Intern or Volunteer.
  • Freelance or Start a Side Gig.

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