How To Turn A Hobby You Love Into A Business

📆 8/02/2020 10:04 PM
📰 ForbesWomen

⏱ Reading Time:
6 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

So many people start their business from a hobby that they love. But just because we love something doesn’t mean it’s always going to be a good market fit. 42% of businesses fail due to “no market need” and this can be a very big hurdle for anyone looking to build a business from their hobby.

You may need to do more than one thing to create a financially sustainable business. For example, We Are Knitters expanded from knitting to crochet, petit point, and even arm knitting. They also have kits for women, men, children, babies, and home decor. Everyone loves a handmade gift! In addition to knitting kits, they sell supplies, tote bags, t-shirts and even subscription gift boxes and yarn dying kits.

Turning a hobby you love into a business that thrives is totally doable. Follow these steps and enjoy the ride!

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google Maps seeks business, transit reviews in new look as it turns 15Alphabet Inc's Google Maps on Thursday launched a redesign that prominently...
Source: Reuters - 🏆 2. / 97 Read more »