For many people, work can end up making them feel disconnected from their authentic selves. They feel that the real version of who they are is increasingly absent from the workplace.
It is then a logical step to consider what makes them feel more at home in their own skin, and whether this can form the basis of a fresh start.
People have hobbies and interests that totally absorb them, that they end up caring about far more than their work. But how realistic is it for them to turn these passions into profit, and still feel the same about them?
A Labour of Love?
YouGov and Start Up Loans Company conducted research for The Guardian that showed 28% of UK adults have considered turning their hobby into a business over the past three years. However, less than a third of these had then gone on to put this into action.
It is a challenge. The figures suggest that resulting job satisfaction is over 80%, but that over half those turning a hobby into a business fail to earn enough to do it full time.
What can help to make a business successful?
Clearly, passion alone is not enough. Even if you love what you do, turning it into a successful business means taking a more systematic approach to it.
This means combining sheer commitment with bold, but informed, decision-making.
Can You Turn into an Entrepreneur?
Turning a hobby or interest into a business is a process of transformation, not just for the business, but for the person.
It’s about developing a positive but practical mindset. It requires large amounts of optimism, along with resilience. You must also put together a comprehensive business plan. And you must be ready to start selling.
These are what the conundrum hinges on: will the process of transforming your hobby into a business, and yourself into an entrepreneur, dampen the spark of inspiration that made you choose to do it in the first place?
Changing your life means challenging who you are, and what you want out of life.
It’s about striking a balance between the authentic feelings you have and the practical decisions you must make.
People can end up finding corporate life and the day job stifling. The risk is that they place so much emphasis on turning what they love doing into a business that they fail to consider the implications.
Authenticity isn’t easy, and following your gut feelings only works if you do it with some sound personal and business advice.
It isn’t just about who you think you are, but also how others perceive you and your plans. Perspective is vital.
To discover your options for turning your hobby into a successful business, please contact us.
Tel: 0800 612 2611
Office: Ayuda House, Bowdon, Cheshire WA14 3NE
ARRANGE A QUICK CALL BACK
Leave your details below and we'll call you as soon as we can...
Website by Premier Web Consultancy