my hobby

Friday, June 23, 2006

my hobby : Should I Turn My Hobby into a Career?

We're supposed to enjoy our work, right? So why not turn something we already enjoy into our career?
Here are some reasons for and against the idea of turning your hobby into your full-time job.

The Pros

1. You know you enjoy it

Whether you're into quilting, painting, or building furniture, you know you lose track of time and feel proud of the results of your efforts.

2. It's more fun than real work

If you don't like what you're doing now, this can seem very attractive.

3. It makes you think work can be fun

Many people have a tough time imagining truly enjoying work. Fantasizing about how you could make a living at your hobby can help you overcome the doubt that work can be gratifying.

Those are some of the pros. Maybe you have thought of others. Now, here come the cons.

The Cons

1. Your hobby can become "work"

Gratia Hardy, of Pasadena, points out that "...being required to do something regularly and well is very different from the no-pressure, no-expectation levels of our recreational activities." When you have to crank out 90,000 of those adorable (fill in the blank with your product) each year, WILL YOU STILL ENJOY IT?

2. Your hobby may not be worthy of a business

Your relatives and friends' assurances that THEY'LL buy your adorable (fill in the blank with your product) doesn't count as market research. If you're serious, write a business plan. And use REAL numbers. It just may work, and you'll make smarter decisions if you have a plan.

3. Your hobby may become mundane

A hobby may not be deep enough to provide the ongoing potential that you'll need to tap to find it fascinating, challenging, and meaningful 15 or 20 years from now. Of course it depends on your hobby, but if you are brainstorming ideas for your new career path, I recommend you list lots of ideas and choose one or two to explore that have the most potential, as well as those that really draw you in.

The Bottom Line

I don't think you should eliminate from your career search the idea of turning your hobby into a business. But you should explore the concept as you would any other business idea and consider what your day-to-day worklife would look like.

If your idea keeps looking better the more light you shine on it, you should have a promising path ahead.

There is one very positive aspect of doing a business plan based on your hobby. You may be highly motivated to do some planning and research, since this relates to an activity you know well and enjoy, and you therefore may be more likely to do the necessary planning. This is a big plus! (And once you see how to do this research, you may be more likely to do it for other ideas you will come up with.)

Something I've learned coaching over the years is that creating a business out of the first few ideas you come up with isn't a good goal. The best careers come from exploring the first ideas and finding out what will, and what won't, work for you.

The evolution of your ideas are the best reason to further explore those first ideas. If creating a business plan based on your hobby gets you to see that you can plan a business that you will enjoy and that will add to your quality of life, then starting with a hobby is a great idea. So start with your hobby, and enjoy the adventure of finding out where you will end up!

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