Can You Really Turn a Hobby into a Business? part 1 of 3

The whole hobby-to-business proposition is a little misleading—primarily because we need to rethink the word “hobby.” When we hear it, we think of those fun, voluntary pastimes that bring us enjoyment and help us make the most of our free time: reading, collecting stamps, community theatre – they’re all things that we do because we enjoy doing them. But is simply enjoying stamp collecting enough to translate your hobby into a successful, thriving, and sustainable career?

What we’re really talking about here is ‘passion.’ When your hobby becomes something all-consuming—that thing you think about all day long during work and jump right into as soon as your time is yours again – that’s more than a hobby; that’s a passion with potential. And that passion is what represents something that can be both personally and professionally sustainable.

Here are a few areas to consider before taking the leap.

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About the Author
Nick Goode is the Global Commercial Director of Sage One, Sage’s cloud accounting and payroll solution for start-ups and small businesses. He is accountable for the commercial, channel, product and marketing strategy for Sage One worldwide. Nick was previously Head of Sage One for Sage UK, and prior to that, Head of Marketing for the Accountants Division at Sage.