How to convert your hobby into a business

Got a hobby that is being widely appreciated by peers and family? You should consider exploring the option of converting it into a small business for that little extra cash we all want.

• Research on how you can turn your hobby into a revenue generator. …
• Plan, set milestones and do the math of what will it cost you before you get in a steady stream of dollars.
• Crowdsource ideas, insights and advice on how to get started.
• Wear your brand and be your own brand ambassador.
• Identify partners and build a support and marketing network
• Be different and be persistent. Giving up does not work for startups.

Zero Marketing Plan for Startups

It doesn’t matter how new or successful your startup’s product or service is — good marketing is the key to success. Still, no matter how much you’d like to keep aside a huge marketing budget, you know that is not always feasible for a newly founded company. Luckily, there are still great ways to market your startup with zero budget in this modern age of technology. Here are the six strategies you can adopt to market your business.
1.) Create some engaging content
2.) Push your content on free channels like social media and blogs
3.) Network with industry influencers
4.) Engage your audience with knowledge
5.) Get Found – optimize your domain well
6.) Create different pitches for different target markets

Starting a New Business – Here are some promising industries to consider

Every entrepreneur wants be the first-mover in his sector and reap the benefits of making the first entry in their target industry. Keeping this in mind, we have come up with a comprehensive list of some industries that are promising in terms of returns and ROI. We’ve identified some business categories that are currently underserved and need an infusion of a variety of skills, from technological expertise to retailing savvy to, above all, the ability to innovate.

If you plan well then are you in for plenty of opportunities to not only jump on the bandwagon of the early birds, but carve your niche as the market leader.