Turn Your Hobby Into a Business With These 5 Steps

Turn Your Hobby Into a Business With These 5 Steps

You are probably thinking that an economic downturn is not the best time to be thinking about turning your hobby into a profitable business. Think again. This can be one of the smartest moves you can make – if you take the time to plan ahead and give yourself the best chance possible of success.

Here are 5 tips that you can follow to turn your dream into a plan of action.

1. Write a business plan

This is a requirement for any business that will be seeking funding from other people but there is an even better reason for writing a detailed and comprehensive business plan. When you are forced to write your ideas for others to read it tends to focus your thinking, make you seek better proofs for your assumptions, and sharpen your description of the actions that you will be taking. You can find some good business plan models online but the basic requirements are that your business plan should define your business, the products and services that you'll be offering, how you will distinguish yourself from your competition, and your proposed operating procedures.

2. Consider a corporation or an LLC

If you do not have the time or the inclining to research the best form of business organization for your company then get the advice that you need from an accountant that specializes in business tax returns. Corporations and LLC's help to protect your personal assets from your business debts and liabilities but there are certain tax advantages to formal business organizations that are simply not available to sole proprietorships. The Inc. or LLC after your business name also adds credibility and cache with customers and business partners.

3. Get the business licenses, permits, and tax identification numbers that you'll need

Every business other than a sole proprietorship requires a federal tax identification number and every business that hires employees will require one also. Depending on the nature of your business activities and state and local requirements your business may need a particular license or any variety of permits. Do your own research on this or consult with a local attorney who is familiar with other businesses like yours.

4. Open a business checking account

Even if you decide to operate as a sole proprietorship you will still want to open a separate checking account for the business. It's always a bad idea to mix personal and business income and expenses. For one thing, commingling accounts makes it a nightmare to separate them back out at tax time, and two, you will lose the ability to manage your business finances because you'll quickly lose track of its actual income and expenses.

5. Create your brand and start promoting

If you do all your business locally then get business cards and a letterhead that will distinguish your business. Develop your business persona and promote it through the community. People do business with people that they trust and they like. If your business will be online or with remote customers the same rules apply. Deliver what you promised, and make everyone feel that they are getting their money's worth from you and more.

Source by Peter Boston

Turn Your Hobby Into Money For You

Turn Your Hobby Into Money For You

Would not it be great to work less and play more? Does not it sound heavenly to spend more time doing the things we love than in the office?

It's a dream we all have at one time or another, but it's often just that, a dream. Well my friends, I'm here to tell you that it can become something more. Think for a minute about a hobby you have. If it's really a hobby then I'll bet you know a thing or two about it. If you've been doing it for years, then you've gained experience and knowledge that probably millions of people would love to hear about. I'm telling you that you can take that knowledge and put it to work for you.

Did you know that according to marketingvox.com, online retail spending totaled $ 81.6 billion for all of 2005, up 24 percent from $ 65.8 billion in 2004. The figures are not in for 2006 but unduly they're gone up. What does all this mean for you? It means that you can personally take advantage of the internet sales potential by developing an informational site based on what you know about.

So how is it done?

First of all, you must understand what people come to the internet for. No, they do not come to buy things, they come to the internet for information. Think about it, if you want to buy a lounge chair, will you go the internet? Most probably not, however, if you want to find out about the best lounge chair to buy, you may just check out the web.

Having a successful web business is about offering information to an information starved society, but it does not stop there. By offering good, useful information you are laying the ground work for convincing a viewer to buy a product that you have or that you endorse, but first you must present your case.

The mistake that many online business owners make is building a website, loading it up with products and expecting people to buy. If you're not someone like Amazon.com, Dell computer or Overstock.com, you're not likely to make a sale, why? Because you are a stranger. In the minds of most people, Amazon, Dell and Overstock are not. Therefore, you are first going to have to win your viewers over.

There's a tried and true formula presented by one of the internet's foremost online marketers, Dr. Ken Envoy. Ken has spent several years cultivating a sales formula that works. It not only works, it has made many successful business owner of the online business community. His concepts include creating a content website, bringing traffic to your site, pre-selling your products and finally monetizing your visitors into income. His concepts are most associated with affiliate marketing, however they are a firm foundation for any online marketing strategy.

Probably the most important concept is pre-selling which means a viewer needs convincing. Your visitors have to trust you. They have to feel they are not being sold to. They have to know that your are a trusted resource. This is done by knowing your products and offering as much useful information about them as possible. For example, if you are in affiliate sales you should always use or purchase whatever it is you are selling. You must feel and experience the benefits. In doing so the process of promoting a product is so much easier and certainly more believable.

So what's your hobby? What's your Passion? Where do your interests and experiences lie? Unless you've been under a rock all your life, you have something to offer. Why not turn that knowledge into revenue for you.

Here's just a few of the endless possibilities:

Infopreneurs / Information-Publishing

Publish what you know and love … and monetize it. Build a knowledge site with a blend of affiliate programs along with Google AdSense ads and earn some nice paychecks a month.

Service Businesses

Offer a service related to your expertise. For example, if you like to write, offer a copywriting service.

Create Needed E-Software

Are you a programmer? Create a niche-filling software program. If you are not a programmer, hire one.

Create an E-Book

Take your expertise and write an e-book. eBook software makes it so simple.

Are You a Photographer?

Create a site with collections of e-photos, the e-photo sales market is booming! Digitize it and sell it.

Hard Goods Creators / Sellers

Are you a small business or a craftsman that creates / manufactures / retails your own hard goods (ie, products that you can actually touch and that you ship – non-digital products)? You can create your own store. Either use your own products or find a wholesale dropshipper.

Affiliate Sales

Add hundreds-to-thousands of dollars per month to your diversified monetization plan, without having a product of your own – no warehousing, packaging, shipping, etc. If you do sell a product of your own, simply choose merchants that complement your product line.

Referrers / Finders

Get paid a referrer or finder's fee by an offline business for finding a customer or a "lead". There are lots of programs that pay website owners who send them leads.

Net Auction Sellers

Put eBay to work for you, not vice-versa. Use them as a supplement source of income to auction a product that relates to your theme. Especially useful for local businesses or vendors that sell hard goods, and even for service-sellers. And obviously, for those who want to start an online auction business.

Local Offline Businesses

If you own an offline business, a web site is a must. Use it to grow your business locally and, in many cases, to extend your market globally.

Putting your hobby or your expertise to work for you is an excellent way to create a business, a full time home business or simply create some extra income while helping you do more of the things you love.

Source by Elizabeth McGee

Turn Your Hobby Into An Internet Blog That Makes Money

Turn Your Hobby Into An Internet Blog That Makes Money

A lot of people have a full-time job making money online. But there is an equal amount of people who see making money online as more of a recreational bonus. So if you have some spare time, have a hobby you love, and like the internet, then you could see some extra cash in your account every month.

The first thing to do is to identify some good keywords for your particular hobby. There are many free guides on the internet which teach you how to do keyword research. Essentially all you have to do is build a list of good keywords (the words or phrases that people type into search engines when looking for a particular topic) and then you're ready to build your blog.

The second thing to do is to build you blog based on your keywords. Again, there are a wealth of resources available to show you how to properly construct your blog on a foundation of keywords; If you do intend to make good money from your blog, I would strongly suggest doing some research on this or to invest a small sum into an ebook which teaches you how to do it step-by-step. You can build a blog at Blogspot or WordPress.

Once you have your blog formatted, you will come to the fun part – posting! Start writing about whatever you like, upload pictures and articles, and make your blog a passionate reflection on the strength of feeling you have for your hobby.

The penultimate step is to monetize your blog. There are two main ways to do this. The first is to browse sites such as Clickbank or Commission Junction and to find products which are related to your hobby's niche. The sale of a product you link from your site will earn you a set amount of commission. The second way is to install Google AdSense on your website. This is a form of text advertising where the adverts printed on your site are determined by the common words used on your blog. It's quite magical, and you will receive money every time a visitor clicks on one of those adverts.

The final step is to drive visitors to your blog. The more visitors you have to your blog, the more money you will make. Your best bet is to start off by joining lots of forums and newsgroups related to your hobby's niche. Simply add a link to your website in each of your forum profiles, and then start posting regularly to the forums. Alternately, you can write articles based on your hobby and submit them to free article directories like EzineArticles.

This is a very brief overview. Each step is an art in itself and you should realize that building a blog is an internet hobby that makes money. It can be a long process but, absolutely, one you should enjoy. It is always a pleasure to build your blog a little, day after day, and to see more and more visitors arrive. It's quite possible you can build a big presence online and become something of a guru, but most importantly you will have extra cash rolling in.

Source by Jack Silver

Turn Your Blog Marketing Into a Profitable Business

Turn Your Blog Marketing Into a Profitable Business

Blog marketing is often a hobby for some people while others turn their blog into a full time income. Most decisions are personal but it's your choice long term about making your blog a profitable business or simply making it about your hobby to share with whomever subscribes.

Everyone has their own reasons when going to blog. Either it's their own hobby just for fun while the next guy prefers to turn it into a cash cow. We like the idea of ​​doing whatever you want to do with your blog, whatever makes you happy to be a blogger.

When we think about blogging for profit Vs a hobby it takes on a different type of concern. Blogging for profit drives the blogger to think about his / her subscribers, who's reading your blog, then the sales dollars coming into your bank account.

The "hobby" blogger is not concerned with all the details, his / her goal is to blog about whatever new ideas or discoveries that they can share with their subscribers on the email list.

Actually, blog marketing is an ongoing challenge. You never come to the finish line with nothing more to do or say. Links to your blog, leaving comments on other blogs, is part of the daily or weekly activity for the blogger that must be done.

Learning and understanding SEO, search engine optimization, is another important piece of the puzzle needed to be a successful blogger. Higher search engine results are important to get the attention of more people who are looking for your type of products or information.

Bloggers, both profitable and hobby blogs, need to have RSS feeds that will allow other bloggers to link to your blog. Links from others are a huge part of blog marketing success. When someone uses the RSS feeds from your blog, they are able to receive your posts. When they post your blog post to their own blog or website, you'll get a link back from their blog or website. Can be a little confusing until you get the hang of this blogging procedure.

Blog marketing entails many things to do before you'll see the results or successes you desire. Income or hobby is your choice, however, learning the "how to" make it fit together in a way that will guide your future success as a blogger is the beginners challenge.

Be sure that you are using the best techniques available or you'll end up wasting a lot of time and money. An old saying … "haste makes waste" … is probably good advice for all bloggers. Take your time to begin your new blog and enjoy the venture as a blogger.

Source by Don Monteith

With The Winter Months Approaching, Don’t Let Your Cat Turn Into A Couch Potato

With The Winter Months Approaching, Don’t Let Your Cat Turn Into A Couch Potato

Is your cat just a little bit lazy? With winter approaching, will your cat be happy just to eat and sleep during those short daylight days? Don’t let your cat turn into a couch potato!

Some cats need to be coaxed into getting the exercise that they need to stay healthy. Left to their own devices they will spend the winter sleeping and eating and of course putting on the pounds. Cats (like people) need to have a proper diet and exercise. While every cat is unique, most kitties will make the most of the winter months by becoming couch potatoes. Some will amuse themselves with anything they can find to play with but most need to be encouraged to move about with cat toys. Often they need your interaction by tossing a ball, mouse or teasing them with a pole toy. Dangle a pole toy in front of your sleepy cat and watch how he perks right up.

Playing with your cat creates a bond and provides your feline friend with body movement to use his muscles. Sleeping the day and night away only increases his weight and body fat. You wouldn’t consider not getting your furry friend the proper veterinarian care so don’t consider letting your cat sleep his life away. Cat toys not only stimulate the body but the mind as well, making your kitty healthy and happy.

Cats tend to bore easily and many cats sleep because they are bored (nothing to do so why not have a nap). Cat naps are a necessity for our feline friends but playtime is as well. Cats are especially interested in play after waking from a nap. It is their natural instinct to hunt and playing with toy mice simulates the hunt and the kill for them. Don’t let your cat sleep his life away and avoid over feeding. When kitty is just a little bit hungry, he will be more interested in playtime.

Set a certain time of the day that you play with your cat and after a few days, he will not let you forget that it is time to play. Play time becomes something that he looks forward to on a daily basis and helps to create a bond between you and your cat. Keep your cat healthy and happy by providing cat toys for his entertainment (and yours).

You don’t have to spend a fortune to provide a variety of toys to amuse your furry friend, there are many inexpensive cat toys that will help your cat to maintain healthy exercise. Don’t let your kitty become a couch potato!

Source by Jackie Rosetti

RC Pylon Racing: Turn Left – And Fly Fast!

Recently, I attended a radio-controlled model-aircraft pylon race. I was not prepared for the excitement of the event. Both during and after the event, I wanted to know more about RC pylon racing. I talked with pilots, callers, and course workers. To learn even more, I decided to dig into the Academy of Model Aeronautics(AMA) rules and regulations for pylon racing.

A pylon race course is defined by three pylons. Each pylon is between 15-20 feet high. Pylon-1 is positioned at one end of the course near a signal board. The start/finish line is positioned 508 feet from Pylon #1 down the center of the course and 100 feet from a line connecting pylons #2 and #3. Pylons #2 and #3 were separated by 100 feet and formed the end of a triangular course.

Ten laps around the course equals 2.5 miles. The actual distance flown around the course probably varies between about 3 to 3.5 miles. This is so because the aircraft fly in loops around the pylons, have to fly around and pass traffic, and change altitude for one reason or another. The pilots fly their aircraft around the course in a counterclockwise direction, making sharp, left-hand turns only.

The course length was selected to result in 10-lap times between one minute (fast pace) and two minutes (slow pace for beginners). For the quickest aircraft, the speed around the course is typically between 180-200mph.

The signal board is equipped with red lights to signal when a pilot’s aircraft “breaks the gate.” The “gate” is a line from pylon-1 to the “flaggers” position not less than 300 feet away. As an aircraft passes this line, a flagger activates a light for pilot’s assigned lane. A pilot seeing his signal knew that he could make his turn at pylon-1 without “cutting.” There are also two white lights on the board for each of the four lanes. These are used to indicate a “cut” (a turn on the inside of a pylon). The cut lights are also controlled by the flaggers.

The start/finish line for the race has four lanes: a maximum of four pilots can participate at once. The lanes are designated according to where, on an aircraft, an identifying red or green decal is applied.

If you visualize an aircraft in front of you during a sharp left-hand bank away from you and around a pylon, one end of the wing will be higher than the other. Aircraft in Lane 1 or 2 have a decal on the low end of the wing; aircraft in Lane 3 or 4 have a decal on the high end of the wing.

Pilots apply a decal according to their assigned starting-lane position for a heat as follows:

Lane-1, green decal on the low end of the wing,
Lane-2, red decal on the low end of the wing,
Lane-3, green decal on the high end of the wing, and
Lane-4, red decal on the high end of the wing

A matching color scheme is used to indicate the lanes on the signal board.

Course judges use the decals to identify each aircraft. For example, a “Cut Judge” might report a cut like this, “Cut on high red.”

Before the races begin, the pilots perform last minute checks on their aircraft, fuel them, and apply the colored decal.

The Contest Director (CD) conducts short informational meetings for both course workers and pilots. The course workers include cut judges, fueling supervisor, flaggers, and timers/lap counters.

After the meetings, the course workers occupy their stations around the course and the pilots for the first heat are driven to the start/finish line.

Everyone on the course is required to wear a hard hat for safety. Also, for safety, all course-worker stations are a minimum of 300 feet from the race course.

When the pilots are positioned at the start/finish line, a 60-second timer is started. Pilots have just one minute to start their engines and prepare for takeoff.

Pilots are prepared for takeoff when their aircraft engines are started and they are facing pylon #1 with both hands on the radio transmitter. Pilots not prepared for takeoff before the timer runs out are disqualified for the heat. As soon as all pilots are in position and ready to control their aircraft, the starter gives the signal to launch, and the heat begins.

From the start of a heat until the end, the aircraft run “flat-out.” There is no remote-throttle control to vary the engine’s speed

During the race, the pilot’s partner, the caller, is of critical assistance to the pilot. In addition to launching the aircraft, and because the pilot’s attention is so focused on controlling the aircraft, the caller determines when the pilot should commence a turn around a pylon and calls this out to the pilot. Pilot and caller teams typically have long-time associations, and are often family members.

Cut judges are assigned to each pylon in order to insure that the aircraft turn outside the pylons instead of “cutting” inside a pylon during a turn. One “cut” requires an extra lap around the course for a pilot’s aircraft; two “cuts” disqualifies the pilot’s aircraft from the heat. Cuts are indicated to pilots by the white lights on the signal board. When a pilot or pilot’s caller sees a cut light for the assigned lane, they know that the point at which the turn commences must be adjusted.

After each heat, the winning aircraft is weighed to insure that it is not lighter than the AMA’s minimum weight requirements.

Winners for the race are determined on the basis of several heats.

After the last race, both pilots and course workers return from the field for awards and prize drawings.

I live in the Pacific Northwest and the rainy season has begun. The pylon-racing season is over for the year–but you can bet I’ll be at the next event held in my area.

I hope you enjoyed this article,

Royce Tivel

Source by Royce Tivel

Turn a Life Casting Hobby Into a Profitable Profession

You have indulged your hobby of making molds and casts. Now you are not only proficient in clay modeling and resin or silicone casting but have also become quite skilled in the art of life casting. You can deftly capture a mold of a hand or foot or even face and reproduce a striking likeness complete with the minute hair, pores and other marks.

So why not turn this passion for casting and life casting into a part time or even full time profession?

The What?

Your artistic passion can easily become a potentially lucrative business.You can offer various services like clay modeling, silicone or resin casting, latex rubber masks and so on.

Or you might consider specializing in creating only life castings. The demand for memorable it, is not only huge but growing by the day. It is not limited to selected moneybags in the community anymore. Even ordinary people like you and me are looking to capture a slice of themselves or their loved ones and preserve it for posterity. Especially infant casting and pregnant belly castings are enjoying increasing popularity.

What’s more, more and more people are turning into this as a singularly unique gift to mark a special occasion for a friend or family member. It is indeed the perfect way to freeze a beautiful memory forever in a lovely time capsule.

Therefore, they will look out for a skilled and experienced artist who can recreate a realistic and perfectly detailed reproduction without harming the model in any manner. And this is where you will come into the picture!

The How?

But, do you know how to actually go about getting this business underway?

The answer is to network with professional artists and glean tips on the legalities of how to enter the business. You can take part in various online forums to discuss not only tips on it and mold making but also gather useful information on workshops, shows and leads on other websites to visit.

Additionally, you can become a member of Association of Lifecasters International – or ALI as it is popularly known. This is a worldwide artists’ guild that promotes public awareness of life casting and eagerly assists serious life casters in every way possible. Membership is free and you just have to agree to abide by the ALI Code of Conduct. This will open the door to a wealth of life casting information, marketing tips and inspirational ideas.

A top art studio is also more than willing to extend personal advice, promotional material and all the resources you will need to start a profitable life casting business. The company further supports fine artists by making selective purchases that are added to its life casting collection.

Nothing can stop you from stepping into the life casting business now!

Source by Aarron Barry