The Dream Job - Working For Yourself

Published: 10th May 2010
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There are so many aspects of working for someone else that drives every hard worker to dream of having their own business. When we're in this type of job, we cringe at the idea of going to work and will come up with a list of excuses as to why we cannot go to work that day.

FIGURE OUT WHAT YOU HATE ABOUT EMPLOYMENT WITH OTHERS
Even though you feel an extreme amount of pressure from working for a job that you hate, it is important to consciously evaluate what you hate about your job, boss or company. For example, perhaps you loved working with people, or perhaps you found that you loved customer service. Usually, with every job that we hate, there is something that we love about it. By doing this, you will give yourself the opportunity to look back at what you hated when you are getting ready to turn your hobby into a business. If you find that you are working for a job or a company you hate, you need to stop focusing on hating your job and start focusing on why you hate your job or the company you work for.


WRITING YOUR BUSINESS PLAN
You should include things in your plan like a time line, how you plan to open your business, when you plan to open and how many employees you need to have in order to create a business that will work. It is not a bright idea to start a business of any sort without thoroughly through the foundation of the company. The next step in creating the business that will support your hobby is to take the brainstorming of ideas, (what you hated about your previous job, career or company), and start elaborating on it.

WHAT IS YOUR HOBBY? FIGURE OUT WHAT YOU WANT TO DO FOR PROFIT.
When you think of your hobby, what do you love about doing it? What do you enjoy to do with any spare time you can get? Hobbies are fun to do, but unless you can get to the meat of what a hobby is or even how to market it, a hobby will never become profitable. Incorporate all of the things you need to do to be able to do this as a business and figure out how you plan to market your final product.


LOOK AT SIMILAR BUSINESSES GET IDEAS
There are several different ways to research other companies and we will explore all of these ways in this section. Visiting the owners of businesses has proven to be quite helpful to many people who are looking to turn a hobby into a profitable business. For example, if you want to start a farm as a hobby turned to profit, you should plan to visit many other farms to see how they conduct their business. Before you officially open your business, you need to take a look at the competition in the industry of your choice. You should reflect on the competition and compile it in your overall business plan figuring out different aspects of how you will market your product and how it will compare with the competition in the industry. Many business owners are happy to discuss this, so this very well may prove to be quite valuable to the start of your business.

RINSE AND REPEAT
However, not all of us have the motivation or dedication to build a business from the ground up in an effort to support the hobby we truly enjoy doing. With the proper analysis of your past jobs, career or careful analysis of the company you used to work for, you can design an ideal business that will sustain the hobby product of your choosing.

FINALIZE YOUR BUSINESS PLAN. WHAT NEEDS TO HAPPEN NEXT:LEGALLY, EDUCATION, AND FINANCIALLY.
Depending on the type of industry your hobby is, you may need equipment to help you do the hobby. Make sure you do your homework when it comes to proper licensing, education and legal requirements as not doing this can make you end up with a law suit, or in trouble with the law.

EDUCATE YOURSELF IN SALES. VERY IMPORTANT
While there are many ways to learn the art of sales, the best way is to have a job in sales so you can regularly practice how to sell any product to another individual. Even though this may set you back for on your timeline for opening your business, you will probably find that this is time well spent because you will learn the fine art of sales - a task that is usually difficult for many people to master. Know that you will need to learn how to do this if your business is going to be at all profitable or sustainable.

What You Have To Do Now?
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