Your Hobby; Your Job? Starting the right business for happiness and success by Carol Denbow


If you're reading this article, it's because you've already decided that you would like to own your own business, right? This is most likely your first real attempt at self-employment. 65 percent of the business owners out there are first-time owners. Almost 70 percent of new businesses are started from scratch by someone like you.

You probably have an idea of the type of business you want to start. Keep in mind; some people make bad choices when choosing their business. They only look at the moneymaking side of it. Now I realize, we all want the money, but doesn't your happiness matter too? Remember, this is your real life, not a fantasy.

Let's say there are millions of dollars to be made in the paper industry. Let's say it's an easy business to get into. I will tell you right now, if you don't love the paper industry, you will probably fail, regardless of how easy it is, or how much money you can earn. Doesn't it just make more sense when choosing a new livelihood to choose something you enjoy doing?

There are many business start-up books which suggest not look at your hobbies as a business choice; I strongly disagree. If you can't wait until you have time off to do the things you enjoy, don't you think you would enjoy working more if you were doing those things as your job? Now keep in mind, when looking at your hobby as a potential business venture, there is one concern; spending all of your income and profits on your own hobby. Why aren't cocaine dealers rich? Because they blow all their profits! Do you get what I'm saying? No, I'm not suggesting you take up cocaine dealing; just be careful that you don't use up your income and profits for a fun time with your hobby before you've taken care of business and personal household needs. A business can be cheap and simple, or complicated and expensive to start-up. If you like the outdoors, it could be as simple as buying a mower, edger, and blower and starting a gardening business. You could go out and buy a small flatbed trailer and haul gravel, decorative rock, or topsoil to people's homes. Buy a chainsaw and cut down trees. Buy a vacuum, mop, and some cleansers and start a housekeeping service. There are many options for someone with little to invest. Most of the big companies you know of started out very small. Here are some tips to help you pick your business. First, get your paper out and be prepared to take some notes. Then make a list of your hobbies and interests; things you enjoy doing. Under each one, list all the possible ways to make money with that hobby. Here is an example of what a list should look like:

GOLF Operate a golf course Build golf clubs Teach golf Sell golf equipment Operate a driving range Open a pro-shop

HORSES Board horses Rent horses for trail rides Tack and supply store Feed store Train horses Teach riding

I realize there are many more ways to make money off each of these lists; these are just examples. Spend at least a week letting your mind wander and keep your list with you at all times. You will be surprised at what you come up with on your list. Once your list is complete, look through it for any expertise you may have in any one field. You're always better off with more knowledge than the next guy. Some of the categories on your list might need more education to pursue; and education never hurt anyone. You don't want to lose this opportunity by rushing into something before you're fully prepared.


About the Author

Carol Denbow is a retired business owner and the author of three books, including, "Are You Ready to Be Your Own Boss?" (2006). Read more about business start-up and this author at http://www.BooksByDenbow.Weebly.com

Komentar

Anonim mengatakan…
Interesting post. I want to run a business soon, so I'll have to keep this in mind. I know it’ll be challenging, but I’m up for it and will appreciate all the help I could get. Instead of starting a business, I've been thinking about buying a business. Any suggestions? Advice? Thanks.
2 September 2008 pukul 12.35
Posting Komentar

Postingan populer dari blog ini

Paypal Money Maker and 6 Dollar Millions Review by Deana Marie

Is 6 Dollar Millions Mini Site a Paypal Money Maker or a scam? You may or may not have heard about it by now. Its an amazing turnkey, self selling, mini website that does actually earn you $6 hundreds of times over. The 6 Dollar Millions mini site has been a paypal money maker, for just a small one time fee of six dollars, for many years now. In the early days, it required more of an investment of about a couple hundred of dollars and a whole lot more time and effort. Today, thanks to the streamlining of the internet and Paypal, the amount of money to invest is practically free for the turn key mini site and getting it set up is much quicker and easier these days. So based on that information, I wanted to find out and I bit the bullet and spent the $6 to see just what I would get. As far as it being a scam or a pyramid scheme, well its not. The reason it qualifies as a legitimate home based business is because you basically are buying your own turn key money making website for only $6
Baca selengkapnya

Residual Income Opportunities For Your Home Based Business by Barbara J. Beddall

Have you ever dreamed of making residual income from a home based business? Would you like to make residual income from the work of others by doing little more than just deposit the money? If you have ever had thoughts along these lines, you will find that the Internet is your best friend! With so many reputable income sources for your home business ideas, you may choose to either operate a bona fide home based business, or simply work from home, even if you are not necessarily running a business. There are many opportunities that permit you to earn a little money for reading emails or taking surveys. Even as you are not operating a home business, you are making money by working from home. Yet if you truly want to make more than just a little pocket money, you will be wise to focus your attention on the residual income opportunities which abound online! Just like a songwriter will make residual income from a work she or he created years ago every time it is played on the radio today,
Baca selengkapnya

The Microbiome Company

Gambar
  LoveBiome Daily 3 System Our Daily 3 System is one pack of three complementary products: Next Balance, Next Detox and PhytoPower. The Daily 3 System was designed to promote a healthier gut microbiome by introducing and feeding good bacteria, and limiting/purging bad bacteria. See what the Daily 3 System can do for you! Ingin memulai bisnis sendiri? Bergabunglah dengan kami dan temukan peluang bisnis yang luar biasa! Kami menawarkan peluang bisnis yang unik dan menguntungkan, dengan dukungan yang lengkap dan panduan yang jelas. Bisnis kami berfokus pada produk yang inovatif dan berkualitas tinggi, yang memberikan nilai tambah bagi pelanggan. Dengan bergabung dengan kami, Anda akan mendapatkan peluang untuk membangun bisnis yang menghasilkan, dengan fleksibilitas waktu dan lokasi yang tinggi. Kami menyediakan semua yang Anda butuhkan untuk memulai bisnis Anda, mulai dari pelatihan dan dukungan pemasaran hingga akses ke jaringan mitra bisnis kami. Tidak ada batasan untuk apa yang bisa A
Baca selengkapnya