{"id":35500,"date":"2020-04-10T11:04:31","date_gmt":"2020-04-10T16:04:31","guid":{"rendered":"https:\/\/www.crowdspring.com\/blog\/?p=35500"},"modified":"2024-02-26T17:04:08","modified_gmt":"2024-02-26T23:04:08","slug":"hobby-business","status":"publish","type":"post","link":"https:\/\/www.crowdspring.com\/blog\/hobby-business\/","title":{"rendered":"6 Tips to Turn Your Hobby Into a Successful Business"},"content":{"rendered":"<p><a href=\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/a-mother-teaching-her-daughter-how-to-bake-3772613\/\" rel=\"attachment wp-att-35543\"><img decoding=\"async\" class=\"aligncenter wp-image-35543\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-scaled.jpg\" alt=\"\" width=\"700\" height=\"467\" srcset=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-scaled.jpg 2048w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-300x200.jpg 300w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-1024x683.jpg 1024w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-768x512.jpg 768w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-1536x1024.jpg 1536w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-400x267.jpg 400w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p>\n<div class='header-cta' style='display:none'>\n  <span>Will your business idea succeed?<\/span>\n  <a href='https:\/\/www.crowdspring.com\/evaluate-your-startup-idea-quiz\/' class='btn btn-primary' target='_blank'>Take our quiz - completely confidential and free!<\/a>\n<\/div>\n<\/p>\n<p>Now is the perfect time to turn a hobby you love into a side hustle or full-time business.<\/p>\n<p>We all know that our career is major in determining our life satisfaction.<\/p>\n<p>We spend a significant portion of our waking time at work. So, if you&#8217;re not jazzed to get up in the morning when starting your day, it&#8217;s time to re-evaluate.<\/p>\n<p>Everyone dreams of having a job that they love. So, if you&#8217;ve got a hobby that you&#8217;re passionate about, and you&#8217;ve been wondering how to <a href=\"https:\/\/www.crowdspring.com\/blog\/starting-a-business\/\" target=\"_blank\" rel=\"noopener\">start your own business<\/a> or about <a href=\"https:\/\/www.crowdspring.com\/blog\/small-business-ideas\/\" target=\"_blank\" rel=\"noopener\">small business ideas<\/a> to try, it may be time to put the two together.<\/p>\n<h2>Here are 6 tips to turn your hobby into a successful business.<\/h2>\n<h3>1. Assess how to make money from your hobby.<\/h3>\n<p>Up until now, your hobby has existed only to give you enjoyment.<\/p>\n<p>Some planning may have involved, but there&#8217;s a good chance there wasn&#8217;t.<\/p>\n<p>But now that your hobby is about to transition into a new role, it&#8217;s time to approach it differently. The key difference in &#8220;hobby vs. business&#8221; is <em>treating your hobby as a business<\/em>.<\/p>\n<p>Think through the details. <a href=\"https:\/\/www.crowdspring.com\/how-to-write-a-business-plan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Write a business plan<\/a>.<\/p>\n<p>Will you start part-time as a side hustle while keeping your main job? A <a href=\"https:\/\/www.thecoffeemom.net\/10-side-hustle-ideas-for-busy-moms-to-make-extra-money\/\" target=\"_blank\" rel=\"noopener\">side hustle<\/a> is a terrific way for busy moms to make extra money.<\/p>\n<p>Or will you cut the corporate cord and jump in with both feet?<\/p>\n<p>What exactly will the business version of your hobby look like? What is your product? And to whom are you selling it?<\/p>\n<p>For example, if you love to read and have a great voice, you can get paid to read books aloud and combine your love for reading with a hobby that makes money.<\/p>\n<div class=\"related-post-snippet\"><div class=\"intro\">TELL ME MORE!<\/div><h3 class=\"title\">Want the full details on how to start a business?<\/h3><div class=\"related-post-content\"><\/p>\n<p>Starting a small business may be your most rewarding career move. Click below to learn how to start a business.<\/p>\n<p><\/div><a class=\"cta\" target=\"_blank\" href=\"\/how-to-start-a-business\/\">Read More<i class=\"fa fa-long-arrow-right\"><\/i><\/a><img decoding=\"async\" class=\"logo\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/03\/27125439\/logo-pink-blue.png\"\/><\/div>\n<p>There&#8217;s a lot to think through here. But, if you&#8217;re serious about making your hobby your new career, it&#8217;s important to cross all your T&#8217;s and dot all your I&#8217;s.<\/p>\n<p>The great news is that you&#8217;ll have plenty of support. For example, there are terrific, comprehensive guides on <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-start-a-cleaning-business\/\" target=\"_blank\" rel=\"noopener noreferrer\">how to start a cleaning business<\/a>, <a href=\"https:\/\/www.crowdspring.com\/blog\/clothing_brand_business_tips\/\" target=\"_blank\" rel=\"noopener noreferrer\">how to start a clothing brand<\/a>, <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-start-etsy-shop\/\" target=\"_blank\" rel=\"noopener noreferrer\">how to start an Etsy shop<\/a>, <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-start-a-consulting-business\/\" target=\"_blank\" rel=\"noopener\">how to start a consulting business<\/a>, and <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-start-a-photography-business\/\" target=\"_blank\" rel=\"noopener noreferrer\">how to start a photography business<\/a>.<\/p>\n<p>Someone has created a useful roadmap to turn your hobby into a business if you&#8217;ve got a hobby.<\/p>\n<p>So, sit down and figure out your plan. It may change over time &#8211; in fact, it probably will. But, to reach a goal, you have to know what it is.<\/p>\n<p><div class=' hide-for-medium hide-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 35px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 18px;margin: 20px 0 30px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 15px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i>Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 15px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:11px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 20px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><div class='show-for-medium hide-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 45px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 24px;margin: 20px 0 40px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 18px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 18px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:19.2px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 27px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><div class='show-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 50px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 24px;margin: 20px 0 40px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 16px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 16px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i>  Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:19.2px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 27px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><\/p>\n<h3>2. Create a strong <a href=\"https:\/\/www.crowdspring.com\/blog\/brand-identity\/\" target=\"_blank\" rel=\"noopener\">brand identity<\/a> for the business.<\/h3>\n<p>As we&#8217;ve <a href=\"https:\/\/www.crowdspring.com\/blog\/consistent-branding-marketing-small-business\/\" target=\"_blank\" rel=\"noopener noreferrer\">said before<\/a>,<\/p>\n<blockquote><p>Every company has a\u00a0<a href=\"https:\/\/www.crowdspring.com\/blog\/brand-identity\/\" target=\"_blank\" rel=\"noopener noreferrer\">brand identity<\/a>.<\/p>\n<p>This is true for your company whether you\u2019ve made a single conscious branding decision\u00a0or not.<\/p>\n<p>And that\u2019s why it\u2019s vitally important to make conscious, consistent branding choices. The decisions left unmade, and a brand left untended, may hurt your business.<\/p><\/blockquote>\n<p>Since you&#8217;re beginning your new business journey, you&#8217;re in a prime position to get your brand identity right from Day One.<\/p>\n<div class=\"featured-snippet\"><h2 class=\"title\">What is brand identity?<\/h2><div class=\"snippet-content\"><\/p>\n<p>Brand identity is the visible elements of a brand, including but not limited to the business name, colors, design, and logo. It's how a corporation, company, or business presents itself to the public and distinguishes the business in consumers' minds. Put simply: it's what you, customers, and prospective customers can see.<\/p>\n<p><\/div><img decoding=\"async\" class=\"image\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/03\/27125439\/cs-200px.png\" \/><\/div>\n<p>The best brand identities are intentional.<\/p>\n<p>Think about it. You won&#8217;t randomly pick just any name for your business. The right <a href=\"https:\/\/www.crowdspring.com\/naming-a-business-or-product\/\" target=\"_blank\" rel=\"noopener noreferrer\">business name<\/a> can make a big difference.<\/p>\n<p>Similarly, successful business owners never grab a generic template logo and call it a day. A custom, unique <a href=\"https:\/\/www.crowdspring.com\/logo-design\/\" target=\"_blank\" rel=\"noopener noreferrer\">logo design<\/a> can differentiate your new business in a crowded market.<\/p>\n<p>Your business name, logo, visual design, etc., communicate the essence and mission of the business they represent. That means you&#8217;ve got to <em>know<\/em> the essence and <a href=\"https:\/\/www.crowdspring.com\/blog\/mission-statement\/\" target=\"_blank\" rel=\"noopener\">mission of your business<\/a> to translate it into a recognizable brand identity.<\/p>\n<div class=\"related-post-snippet\"><div class=\"intro\">TELL ME MORE!<\/div><h3 class=\"title\">How can I build a strong brand identity?<\/h3><div class=\"related-post-content\"><\/p>\n<p>Establishing a powerful brand identity is key to every business's success. Read our comprehensive Brand Identity Guide (for free) and learn how to craft a successful brand.<\/p>\n<p><\/div><a class=\"cta\" target=\"_blank\" href=\"\/brand-identity-guide\/\">Read More<i class=\"fa fa-long-arrow-right\"><\/i><\/a><img decoding=\"async\" class=\"logo\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/03\/27125439\/logo-pink-blue.png\"\/><\/div>\n<p>Here are a few questions to ask to help develop your brand identity:<\/p>\n<ul>\n<li>What do you love about your hobby?<\/li>\n<li>Is there a mission that drives you beyond profit?<\/li>\n<li>What do you bring to your unique hobby?<\/li>\n<li>How do you want your customers to feel when they interact with your brand?<\/li>\n<\/ul>\n<p>And, remember that your brand identity isn&#8217;t a one-and-done prospect. Brands evolve and require regular maintenance. And, as Dr. Glen Miller (founder and CTO of Vera Roasting Company) <a href=\"https:\/\/www.entrepreneur.com\/slideshow\/343907\" target=\"_blank\" rel=\"noopener noreferrer\">points out<\/a>:<\/p>\n<blockquote><p>Don\u2019t be afraid to re-brand if needed. Most start-ups begin with a product, not a brand. As one adds more products, customers can get confused. The brand needs to hold it all together. If it doesn\u2019t, re-brand to get it right.<\/p><\/blockquote>\n<p><div class=' hide-for-medium hide-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 35px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 18px;margin: 20px 0 30px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 15px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i>Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 15px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:11px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 20px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><div class='show-for-medium hide-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 45px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 24px;margin: 20px 0 40px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 18px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 18px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:19.2px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 27px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><div class='show-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 50px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 24px;margin: 20px 0 40px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 16px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 16px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i>  Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:19.2px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 27px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><\/p>\n<h3>3. Consider what you don\u2019t know.<\/h3>\n<p>Starting any business is a leap into the unknown.<\/p>\n<p>But that may be more true than you realize.<\/p>\n<p>You must market your business, manage your books, pay business taxes, and more. And, maybe, you don\u2019t know how to do all of those things yet. But, you <em>know<\/em> that those things exist &#8211; <em>and<\/em> that you don\u2019t know how to do them.<\/p>\n<p>In every industry, there will be \u201cunknown unknowns\u201d &#8211; things that are so unique to your business that they may not even be on your radar until they become vitally important.<\/p>\n<p>For instance, a beer-making hobbyist may want to make their hobby a career and <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-start-a-brewery-business\/\" target=\"_blank\" rel=\"noopener noreferrer\">start a brewery business<\/a>. But, there&#8217;s a world of l between gifting family and friends with your alcoholic creations and selling beer for profit.<\/p>\n<p>As Michael Davidson, owner and CEO of vodka brand Black Infusions <a href=\"https:\/\/www.entrepreneur.com\/slideshow\/343907\" target=\"_blank\" rel=\"noopener noreferrer\">points out<\/a>:<\/p>\n<blockquote><p>Make sure you understand the distribution system of the business you\u2019re getting into. The time to start learning about how your products are distributed is in the infancy of your business.<\/p><\/blockquote>\n<p>The complex state and federal laws governing alcohol distribution are just one example of niche industry information vital to the success of the businesses in that industry.<\/p>\n<p>You need to discover what <em>you<\/em> don&#8217;t know you don&#8217;t know about your chosen field. So, do your research. Read industry publications and build relationships with people already working in your field. Keep an open mind and always assume there&#8217;s more to learn.<\/p>\n<p class=\"p1\">Also, remember that most states require you to register your business if the trade name you operate your business differs from your business&#8217;s legal name.<\/p>\n<p><div style='margin-top: 30px; margin-bottom: 30px; margin-left: 0px; margin-right: 0px; padding: 20px; background-color:#D8EBFE;'><p style='margin: 20px;'><span style='color:#000000; font-weight:bold;'><i class='fa fa-star'><\/i> Hire an expert to form your company and save time.<\/span> Our trusted partners can help: <b><a href='https:\/\/shareasale.com\/r.cfm?b=2378161&u=3406575&m=69959&urllink=&afftrack=' rel='nofollow'>Northwest ($39 + state fee)<\/b><\/a> or <b><a href='https:\/\/shareasale.com\/r.cfm?b=617326&u=3406575&m=53954&urllink=orders%2Eincfile%2Ecom%2Fform%2Dorder%2Dnow%2Ephp&afftrack=' rel='nofollow'>Bizee ($199 + state fee)<\/b><\/a>.<br\/><br\/>We recommend Northwest. After evaluating the leading registration companies, Northwest stands out as our top choice due to its competitive pricing, exceptional customer support, and commitment to privacy.<br\/><br>Pay just $39 + state fees and you'll get a free year of registered agent service, articles of organization, privacy, and client support from local experts.<\/p><\/div><\/p>\n<p class=\"p1\">For example, if your <a href=\"https:\/\/www.crowdspring.com\/how-to-form-an-llc\/\" target=\"_blank\" rel=\"noopener\">company is an LLC<\/a> named Three Brothers, LLC, you cannot operate that business lawfully in most states if you\u2019re selling products under the trade name Three Tigers. That\u2019s because the registered name, and your trade name, are different.<\/p>\n<p class=\"p1\">Fortunately, this is not a difficult problem to overcome. You can simply register your actual trade name with your state (and or local government) by filing a \u201cdoing business as\u201d (DBA) certificate. DBAs are also commonly called \u201cassumed name,\u201d \u201cfictitious business name,\u201d or \u201ctrade name.\u201d Here\u2019s a terrific resource that explains what a DBA is, the DBA state requirements, and <a href=\"https:\/\/www.crowdspring.com\/dba-state-requirements\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"s1\">how to file a DBA<\/span><\/a>\u00a0for your business in all 50 states and U.S. territories.<\/p>\n<p><div class=\"subscription-hero-snippet image-on-left\" style=\"background: #DA6D5A\"><div class=\"title centered\">How much is a great logo worth to your business?<\/div><div class=\"main-content\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/assets.crowdspring.com\/marketing\/landing-page\/logo-quiz-hero-optimized.png\" alt=\"logo designer sitting in front of a computer\"\/><\/div><div class=\"form-wrapper\"><div class=\"subtitle\">Answer 5 quick questions & gain 15 valuable insights to drive customer loyalty and business growth.<\/div><a target=\"_blank\" class=\"btn btn-primary\" href=\"https:\/\/www.crowdspring.com\/logo-quiz\/\">Start the free quiz now!<\/a><\/div><\/div><\/div><\/p>\n<h3>4. Find a path to maintain a work-life balance.<\/h3>\n<p>Transitioning a hobby into a career you love is truly an exciting adventure. But, it does tend to destabilize your work\/life balance.<\/p>\n<p>A hobby fundamentally changes as soon as you transition it into a business.<\/p>\n<p>Now, your fun hobby is no longer optional. It\u2019s required. And it comes bundled with all of the not-so-fun tasks that running a business demands. So, it becomes essential to manage your time effectively. And this includes building in leisure time &#8211; and finding new relaxing ways of filling it.<\/p>\n<div class=\"related-post-snippet\"><div class=\"intro\">TELL ME MORE!<\/div><h3 class=\"title\">Want to master a work\/life balance?<\/h3><div class=\"related-post-content\"><\/p>\n<p>Check out these 5 Scientifically Proven Ways to Reclaim Your Personal Life and Improve Your Work Productivity.<\/p>\n<p><\/div><a class=\"cta\" target=\"_blank\" href=\"\/blog\/how-to-improve-productivity\/\">Read More<i class=\"fa fa-long-arrow-right\"><\/i><\/a><img decoding=\"async\" class=\"logo\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/03\/27125439\/logo-pink-blue.png\"\/><\/div>\n<p>When your hobby becomes your career, the lines become blurred. You&#8217;ll find it easy &#8211; and tempting &#8211; to overwork yourself to the detriment of your free time. But, if you don&#8217;t prioritize opportunities to relax and let off steam, your energy will wane, and you\u2019ll find your pace unsustainable.<\/p>\n<p>Starting a business is a marathon, not a sprint. So, pace yourself. And find new low-pressure hobbies to help you unwind.<\/p>\n<h3>5. Tap into your hobby social network.<\/h3>\n<p>If you&#8217;ve been doing your hobby for any length of time, there&#8217;s a good chance that you may have built up a social network of other people who also enjoy that hobby.<\/p>\n<p>That social network is an invaluable resource for your new business.<\/p>\n<p>Every business seeks to build strong relationships. Your social network gives you a head-start. Your hobbyist friends are your unofficial focus group; and, possibly, your first customers. So, manage those relationships with care.<\/p>\n<p>If you play your cards right, they&#8217;ll also become vocal word-of-mouth advocates for your business, helping it grow.<\/p>\n<h4>Tips for getting the most from your social network:<\/h4>\n<ul>\n<li>Ask your friends for feedback and insight during your <a href=\"https:\/\/www.crowdspring.com\/blog\/branding\/\" target=\"_blank\" rel=\"noopener\">branding<\/a> process. They may see something vital that you&#8217;ve missed.<\/li>\n<li>Share new products or services during the development phase. Your friends&#8217; insight may help steer you to a stronger path.<\/li>\n<li>Thank your network for their contributions. Do this verbally and <em>often<\/em>. But, also occasionally reward them with products to show them you really mean it.<\/li>\n<li>Don&#8217;t take these folks for granted. Remember to maintain the social side of your relationships, or your friends may start to feel used.<\/li>\n<\/ul>\n<h3>6. Commit to turning your hobby into a business.<\/h3>\n<p>Are you serious about turning your hobby into a successful business?<\/p>\n<p>If the answer is &#8220;yes,&#8221; you must commit.<\/p>\n<p>That doesn&#8217;t mean that you have to quit your 9-to-5 job tomorrow. But, it does mean that you have to conduct yourself with self-control. When you have a task, do it. When you set a deadline, meet it.<\/p>\n<p>The great thing about starting your own business is that no boss is hounding you. But one of the hardest things about starting a business is that no boss is hounding you.<\/p>\n<p>You&#8217;ve got to hold yourself accountable. You are the boss.<\/p>\n<div class=\"related-post-snippet\"><div class=\"intro\">TELL ME MORE!<\/div><h3 class=\"title\">How can I improve my self-control?<\/h3><div class=\"related-post-content\"><\/p>\n<p>Self-control is a vital skill that science has proven you can strengthen over time. Click through to learn several techniques for improving your self-control and follow-through.<\/p>\n<p><\/div><a class=\"cta\" target=\"_blank\" href=\"\/blog\/self-control\/\">Read More<i class=\"fa fa-long-arrow-right\"><\/i><\/a><img decoding=\"async\" class=\"logo\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/03\/27125439\/logo-pink-blue.png\"\/><\/div>\n<p>It&#8217;s not about finding the right kind of hobby that makes money. It&#8217;s about committing to the process and running your hobby as a business. And when that business has outgrown its status as a side hustle, commit to its success, pat yourself on the back, and make it your full-time gig.<\/p>\n<p><a href=\"https:\/\/www.crowdspring.com\/how-it-works\/?utm_source=csblog&utm_medium=smb&utm_campaign=cta\" target=\"_blank\"><img decoding=\"async\" class=\"alignnone size-full wp-image-35262\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2022\/05\/06164945\/small-business-blog-master-cta.png\" alt=\"\" width=\"700\" height=\"466\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re passionate about a hobby and you&#8217;ve been wondering how to start your own business, it may be time to put the two together. Here are six tips for turning your hobby into a successful business.<\/p>\n","protected":false},"author":25522,"featured_media":35543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1666],"tags":[3159,678],"class_list":["post-35500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-business","tag-starting-a-business","tag-startups"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>6 Tips to Turn Your Hobby Into a Successful Business - crowdspring Blog<\/title>\n<meta name=\"description\" content=\"If you&#039;re passionate about a hobby and you&#039;ve been wondering how to start your own business, it may be time to put the two together. 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Here are six tips for turning your hobby into a successful business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/\" \/>\n<meta property=\"og:site_name\" content=\"crowdspring Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-10T16:04:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-26T23:04:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1366\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Katie Lundin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Katie Lundin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/\"},\"author\":{\"name\":\"Katie Lundin\",\"@id\":\"https:\/\/www.crowdspring.com\/blog\/#\/schema\/person\/f45cbab13cc5724dbd7c03e78737b08a\"},\"headline\":\"6 Tips to Turn Your Hobby Into a Successful Business\",\"datePublished\":\"2020-04-10T16:04:31+00:00\",\"dateModified\":\"2024-02-26T23:04:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/\"},\"wordCount\":1898,\"publisher\":{\"@id\":\"https:\/\/www.crowdspring.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-scaled.jpg\",\"keywords\":[\"Starting a Business\",\"Startups\"],\"articleSection\":[\"Small Business\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/\",\"url\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/\",\"name\":\"6 Tips to Turn Your Hobby Into a Successful Business - crowdspring Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.crowdspring.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.crowdspring.com\/blog\/hobby-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2020\/04\/27125419\/a-mother-teaching-her-daughter-how-to-bake-3772613-scaled.jpg\",\"datePublished\":\"2020-04-10T16:04:31+00:00\",\"dateModified\":\"2024-02-26T23:04:08+00:00\",\"description\":\"If you're passionate about a hobby and you've been wondering how to start your own business, it may be time to put the two together. 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