How To Make Huge Money From Hobby

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It could all be so nice: never have to go to work again, finally get rid of this annoying boss and the completely inept colleagues. You just have to turn your hobby into a profession . The idea behind the notion of independence of some employees is something like this. And do not keep on praising countless bestsellers how you can easily be successful? The motto is that if you enjoy your work, you don’t work a day. Somehow it has to be combinable. It is. You can find out how here.

Hobby to work: examples

Anyone who is fed up with working as an employee wonders: What hobby can you turn into a job? Are all hobbies equally suitable? Or is the market covered for my interests? Nowadays, there are completely different ways of opening up customers through the Internet.

Please note:

Sustainable concept

In principle, you can turn pretty much any hobby into a profession. The only question is to what extent actual need is – also an aspect that the founders grant plays a role.

Even if you want to do without it, you not only have to set aside enough start-up capital for the acquisition and equipment costs, but you may also have to bridge a certain amount of time with low income.

The whole thing can only work if you have a well thought out business plan.

Solid qualifications

What you want to do professionally soon is not called hobby for nothing. Those who want to turn their hobby into a job have often developed a passion for something that balances work. It is not always the same activity.

And often there is no training in the field . Sure, anyone who has acquired solid knowledge in their hobby in addition to working in months or even years of further training is in a good position.

It looks different if someone just loves sewing for their own use, but actually hardly gets anything useful. Here is honest self-criticismasked. With hundreds of young adults, the dream bursts every year in various casting shows because they like to sing but do not hit the tone.

Doing something is far from enough to be really good at it. It is a good prerequisite, but nothing more. Then you have to continuously work on improvement and professionalization through practice.

Make a hobby into a job Phases Do things independently Graphics

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Turning a hobby into a job: advantages and disadvantages

It cannot be said broadly whether it is a good or a bad idea if someone wants to turn the hobby into a profession. You will only be able to assess much of this after a certain period of time.

Advantages if you turn your hobby into a profession

You are your own boss and determine the direction.

Since it is your hobby, the topic is yours and you have fun.

For those who have fun, time flies by, you rarely struggle with overtime .

The quality of life and satisfaction increase.

Having fun doing your own thing may make up for financial losses.

You appear credible and authentic by being convinced of your idea. This favors success.

Disadvantages if you turn your hobby into a profession

There is a difference between one thing that you do two hours a day and one thing that takes eight or more hours: here you have to go in depth differently.

You are now your own boss, but you also have complete responsibility for everything that goes wrong.

In this way you can discover aspects of your former hobby that you do not enjoy.

In general, every self-employment is accompanied by tasks that may not be fun, but that include, for example, accounting or administrative activities.

There is now pressure to make money with the hobby. At the same time, you have to be able to deal with setbacks if your ideas don’t work as hoped. That can spoil your hobby.

Those who invest a lot of time and possibly a lot of overtime want to pay themselves appropriately. At the same time, you always have to consider whether the money earned should not be better invested in new purchases or advertising.

Previously, the hobby was a balance to everyday working life and could distract from unpleasant experiences. If you turn your hobby into a profession, this balance to work is missing – you need a new hobby.

One thing you should not underestimate: The power of money or the need to now have to earn money with your hobby. It is not uncommon that at some point the activity itself will only play a subordinate role and that the focus will instead be on money. Science speaks of the corruption effect .

Between desire and reality

One or the other knows the phenomenon: You always wanted something, but you didn’t have the time or the money. Now you have both, but you have to realize: It’s not as great as you imagined it to be.

Perhaps you have stayed in one place in transit for years and found it adorable. At some point you decide to finally spend the whole vacation there. And note: The place is not as exciting as you thought . It is enough for the transit, but it does not have to be permanent.

Something that we can use all the time loses its appeal. However, this is exactly the risk if you turn your hobby into a profession. To make matters worse, it is no longer an option, you have to make money with it, otherwise you will have a financial problem.

As with any other job, you cannot simply say: I don’t feel like it today. And if it does , then with the appropriate consequences , i.e. termination or, in the case of independence, by giving it up again.

You can find out how to proceed afterwards here:

Self-employed application: Tips for covering letters

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Hobby that brings money: passion as an essential ingredient

Passion is essential if you want to turn your hobby into a profession. In this way you can compensate for possible disadvantages, for example if the expected success fails to materialize and everything starts up slowly. And even if your business is going well at some point, it may never throw off the big bucks.

The main motive should therefore be the activity itself, less the thought that it will become a global empire with you as a millionaire. If you focus too much on the result at the beginning , you run the risk of missing important steps when it comes to tasks.

Passion is also important because there will always be those in your area who are concerned .

In principle, it is not wrong to think about possible disadvantages and risks. On the contrary, that is part of comprehensive planning before becoming self-employed. But that’s exactly the point: people who don’t support you when the whole thing has already started , but only see problems everywhere, are not helpful.

So it is important for you not to be confused by it. Instead, surround yourself with people who can help you with concrete difficulties and inspire you . This way you can learn and avoid unnecessary mistakes.

Turning your own hobby into a job can work. The decisive factor is the approach . On the one hand, how realistic you planned beforehand so that your company can also support itself. On the other hand, your expectations : should it be big, quick money or do you want to do something that satisfies you?

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