When to jump from a hobby into a business

Honed at the kitchen table

I have always had a passion for crafting and making things. Am I any good, could I take my hobbies and turn my talents and hobby into a business, well this is something I have been thinking about for a while.

I get a lot of satisfaction when I create something, I like the excitement of the design and planning stage, I like the execution and making the product, be it handmade soap, an apron, a needle felted toy or a bit of pyrography on a locally sourced piece of wood.  I like sharing my knowledge with other people and hope they get a spark of my enthusiasm to switch of from everyday stresses and physically make something instead of clicking the order now button on Amazon Prime.

I have spent many years in project management roles in retail and the NHS, and given the current retirement age I could be working for as many years into the future – but is this the life I want?

I have been reading a few books of late that are making me question what do I want to do and the question is When  To Jump. – This is a great read – I even bought a real book!

Talent into Turnover

So I know that I will not earn as much in the crafting world and in the beginning I would be making a loss but the question is can I begin to earn enough to live on and would the experience still be an enjoyable one and not turn my love of crafting into a chore will it still be a hobby and not just a business?

The boring administration

Turning a hobby into a business also requires a lot of initial administration , setting up a company, building a website (my sister led me through this torture and I drank a lot of wine – thank you), all the social media required, finding time to make products and then sell them. At one point last year I thought ‘ you are crazy’ and then I thought you would be crazy not to try.

Planning The Jump

So having had some time to reflect, I have devised a cunning plan with sisters and brothers in tow. I have set myself a goal for turning my hobbies into a full time business over the next few years so the question is not will I jump but when.

So have you turned your hobbies into a business – drop me line and let me know. 

 

 

 

 

 

 

 

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