write a essay on topic making a career out of your hobbies.... please help me...
Answers
1. Be prepared to hustle.
They say if you enjoy your job, you’ll never work a day in your life. But this old adage is a little too simplistic for Peter James Lovisek, CEO of Fossil Realm.
His hobby of fossil collecting began in high school. His parents worked at the Royal Ontario Museum and ran a nature camp, so he inherited an interest in natural history. Lovisek recalls saving his allowance at 13 to attend a mineral trade show in Detroit. There he purchased a few pieces, including a trilobite from Morocco. Returning home to Canada, he managed to sell all of the pieces for a profit.
This initial success led to more trips south, and eventually Lovisek began auctioning his finds online. The business remained a side hustle to fund him through college. But by graduation, he had opened his own e-commerce store and couldn’t imagine doing anything else. Running Fossil Realm is rewarding, but he says, that doesn’t mean it’s easy.
“Just because your business revolves around your passion doesn’t mean that it will take off easily, nor will it necessarily be enjoyable or fulfilling.”
Fossil Realm has expanded to include Lovisek’s father, a warehouse and sourcing museum-quality finds, such as an Ichthyosaur skeleton valued at $195,000. But at the root of his thriving business is Lovisek, a man who never lost a childhood curiosity of fossils.
2. Treat your passion like a business, and it will become one.
Jessica Childress is an attorney turned children’s book author. Writing has always been her passion and she penned her first book while attending law school. Although writing was an enjoyable hobby, Jessica had hopes of doing more; she wanted to bring about social change through her characters.
“Throughout my career as an African-American female attorney, in each legal setting in which I worked, I noticed the lack of racial and gender diversity, especially in senior positions,” Childress says.
Enter literature character Jurisprudence, an 11-year-old African-American female lawyer, who encourages children to be leaders and to take an interest in the law. Childress used her legal background to leverage her passion, making for a seamless transition.
Rather than simply “becoming a novelist”—a dream many people have but find hard to monetize—Childress used her business acumen to launch a content company with the goal of taking her literary creation and launching a series of books and educational materials. Her approach proves that creativity thrives with a solid business foundation.
Now, Childress continues to practice law with a little added freedom. “I have complete autonomy over the way that I structure my day—from the time that I wake up until the time I go to sleep,” she says.
3. Find a need.
Jonathan Heine, owner of You Are Loved Foods in Los Angeles, was a Wall Street banker for 25 years before turning a passion for health foods into a new business. Suffering from diabetes and fibromyalgia, Heine’s journey began with a simple search for ways to live a healthier life. He created a selection of sugar-free, gluten/grain/starch-free, strictly certified paleo foods and snacks. They were a big hit with friends and family, which eventually led to the inception of You Are Loved Foods.
Jonathan describes the difference between his former work life and his hobby-turned-career in terms of human connections. On Wall Street, there was always a barrier between the decisions he made that affected real people’s lives, and the consequences. You Are Loved Foods changed that. “I know every decision I make has real impact on people’s lives,” he says.
4. Be authentic.
After chemical relaxers destroyed her hair and forced her to shave it off, Rochelle Graham-Campbell—then a college student—experimented with an online journal of styles for her natural hair while she tested out homemade organic conditioners. She began posting her tutorials to YouTube, and the channel BlackOnyx77 grew to attract more than 104,000 subscribers. Graham-Campbell went on to create Alikay Naturals hair care, which is now available in many stores nationwide.
An initial investment of $100 from a part-time serving job served as marketing funds. Graham-Campbell converted her kitchen into a makeshift laboratory where she created and tested her products. She grew a niche, offering content for African-American naturally textured hair—a niche where only five competitors existed at the time. By interacting genuinely with her audience, Graham-Campbell built a loyal customer base when it was time to launch the product.
Essay on making a career out of your hobbies:-
- Begin modestly:- There are several benefits to starting your pastime as a business before attempting to turn it into a job, but let's start with the most obvious one: financial gain. In addition to the initial fees for your firm, you must have enough money saved up for at least a few months of living expenses.
- Starting your firm:- while you're still employed at your current position can also help you determine whether there is a real need for your product or service and how much labour goes into its creation, giving you the knowledge you need to later determine the specifics of your finances.
- Build Relationships:- An enormous benefit for a small business owner is the ease with which social media has made it possible to interact with others who share similar interests. You can digitally meet people in your field using social media sites like LinkedIn, Facebook, Google+, Twitter, Tumblr, Pinterest, etc. Just keep in mind to be cautious because not everyone will be eager to help a possible rival out with business advise. Prior to starting to ask particular inquiries, it is best to establish contacts. This is not the time to send out a generic form letter to random people asking for their opinion. Joining a community is the objective—not stealing ideas from the opposition and leaving.
- Conduct market research:- Get a general notion of what other businesses charge for the goods or services you provide through your newly discovered online communities and in-person relationships. Looking at internet marketplaces and comparing prices can sometimes be all that is required. Consider the environment and how your company will fit within it to get a feel of how it is. Who of your rivals offers what? What needs do you meet that your competitors don't? What makes you unique compared to your rivals?
- Design a Plan:- The least exciting aspect of launching a new firm is creating a business plan, but it can be crucial—especially if you're considering seeking finance from outside sources. Even if you want to fund your company out of your own money, a business plan will help you organise your thoughts about your new endeavour and highlight any unanticipated issues.
- Be Prepared Financially:- Calculate your monthly expenses, estimated income, total beginning costs, including any new equipment you may require, as well as expenses like membership fees for trade groups, online marketplaces, accountants, or tax preparers. Include these numbers in your business plan.
Hence, this is an essay on making a career out of your hobbies
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