How to Turn 🔄 Your Hobby 🎨 into an Extraordinary 🌈 Business 💰 ...

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The idea of getting paid to do what you love sounds too good to be true. It sounds even wilder when that thing you love is actually one of your hobbies. Can people really get paid to do a leisure activity?

The short answer is yes. There are many people who have managed to turn their hobbies into a viable business. You only need to look on Instagram, eBay, and Etsy for examples of success.

Being self-employed has many advantages: you don’t get fired, you don’t have to deal with awkward office politics, and you don’t need to face the demeaning slog of hunting for work in the job market. Having your own business heightens your entrepreneurial skills and self-satisfaction. However, of course with all new enterprises, there are huge risks and considerations to factor in how to turn your hobby into a business.

Read on for some useful business advice:

1. Consider Your “enjoyment” Factor

I personally love reading. So I did a degree in English Literature. However, I soon found that studying literature at such an intense level tarnished my love for reading. Once it became a chore, my enjoyment factor lowered. This could happen to you and your hobby if you turn it into a career. Think carefully about how much you love your hobby and whether or not you could change the dynamic you have with it. Could you continue taking pleasure in it once you turn it into a commercial enterprise?

Is There a Gap in the Market for Your Hobby?