How to Turn Your Passion Into Profit
SIMILAR ARTICLES & IDEAS:
Beauty supplements aren’t a new concept. We've been able to buy hair and nail formulas for decades at the drugstore.
The supplements, from vitamin ingredients like biotin, zinc, folic ac...
Although beauty supplements were a small part of the beauty industry previously, they are now becoming increasingly popular. The global beauty supplement market is growing rapidly and is expected to reach $6.8 billion by the end of 2024.
A survey of buyers revealed that supplement brands, not skin care or makeup brands, are most likely to be picked up by retailers, as
beauty supplements have become hope in a bottle.
The concept may not be new, but the techniques used to market supplements are.
In 2013, companies realized they could make use of social media to promote their supplements as youthful and fun.
One of the attractive qualities for supplements is a strong engagement on social media, with packaging designed to be super-shareable.
Make sure that you’re actually good at what you do.
Ask yourself if you’re willing to put in the hard work and if there is a market for you to tap into. Even if it’s just t...
Let’s say that your passion is playing the guitar. What void can you fill in that marketplace? For example, if you can repair guitars and realize that there isn’t a repair shop anywhere else around, that could be a business opportunity.
You also need to ask yourself how you can make the industry better.
Think of all the various ways that you can actually make money off your passion. This may include:
When conflict arises, you need to raise the issue with the parties involved.
Emphasize the need for your employees to address it. Explain that negative feelings and thoughts c...
Speak with each party separately to gain their perspective on what the tension is all about.
Make sure that along with any emotional information, you discuss specific facts or events that led up to or inflamed the situation.
Allow them to share their version of the events or issues.
Often, this step will elicit issues or facts that the other party was unaware of.