Posted on Oct 20, 2015
Have you ever thought about making your hobby a career?
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Posted 9 y ago
Responses: 6
Some folks have hobbies that are easy to translate into a money making business. Pottery, crafts, wood working, etc. are great ways to become self sufficient assuming you can find an untapped or lightly tapped niche market. The cold reality of this desire to do what one loves to make money, is that not everything is a marketable product of service.
I have been trying to figure out how to make any of my passions work for me, and largely it revolves around not being able to put the required time and energy into a startup because of the need to continue making a stable living. If you can write a business plan then the Small Business Administration (SBA) can help bulletproof your business model and help you to get a VA backed business loan. Remember to borrow enough to "pay" yourself a livable wage until your business begins to make money for itself. Unless of course you are able to maintain working/ and doing the hobby on the side.
Just the ramblings of a fool. Good luck
I have been trying to figure out how to make any of my passions work for me, and largely it revolves around not being able to put the required time and energy into a startup because of the need to continue making a stable living. If you can write a business plan then the Small Business Administration (SBA) can help bulletproof your business model and help you to get a VA backed business loan. Remember to borrow enough to "pay" yourself a livable wage until your business begins to make money for itself. Unless of course you are able to maintain working/ and doing the hobby on the side.
Just the ramblings of a fool. Good luck
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SPC Margaret Higgins
SGT Josheua Cooke, Thank you for helping us out with your wisdom. The last thing you are- is a fool. You are very charitable.
-Margaret
-Margaret
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Yes I started stock trading as a hobby with just a few shares when I had a few extra bucks. But when I retired from Loral I cashed in my 401 k funds and opened an account with Charles Schwab and became a Day Trader. I spent all day in the Schwab Office and bought stocks in the AM when the market opened and sold them just before the markets closed.. It became a full time occupation until the market crashed in 2008..and now I am a Reformed Day Trader and only trade IPOs once in a while as opposed to every day..
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SPC Margaret Higgins
Sgt Tom Cunnally, I will have to be honest with you. I am very naïve when it comes to the Stock Market; and know next to nothing or nothing about it.
However, I do know the name Charles Schwab. CONGRATULATIONS, Sergeant.
And sometimes, Sergeant, it takes falling flat on the ground; before we win. Good for you, for learning from your experience.
However, I do know the name Charles Schwab. CONGRATULATIONS, Sergeant.
And sometimes, Sergeant, it takes falling flat on the ground; before we win. Good for you, for learning from your experience.
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All the time!! But unfortunately my hobbies don't pay well. Though I am seriously looking at making my volunteer work potentially a full time career switch. I am a CERT (Community Emergency Response Team) member and I just got trained at the federal Emergency Management Institute and am now qualified through FEMA to teach and run a CERT program. Keeping the fingers crossed as I press the flesh at the state level.
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SPC Margaret Higgins
Can't say enough good things about you; MAJ Robert (Bob) Petrarca. But then, I am biased. ;)
You have got everything going for you; Major.
I have full faith and confidence that the state level will certify you; etc.
You are oh so wise and intelligent. Thank you for what you have done for all of us here on Rally Point. Thank you for what you have done for me.
You have got everything going for you; Major.
I have full faith and confidence that the state level will certify you; etc.
You are oh so wise and intelligent. Thank you for what you have done for all of us here on Rally Point. Thank you for what you have done for me.
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