“We need more entrepreneurs in private and public life.”
– Tom Watkins
Although it is certainly not for everyone, entrepreneurship, the process of starting a business, is an excellent way for people to make money doing things they enjoy.
Surprisingly, the hobby that you enjoy doing in your spare time might actually be something that you can transform into a full-time job.
Today, we will examine six popular hobbies that can become businesses.
Traditionally, woodworking has been one of the most popular hobbies for men.
If you are the type of man who would rather be in his workshop than anywhere else, you might want to consider turning this pastime into a job.
With hundreds, if not thousands, of niches, you have many options to choose from:
- House building
- Toy manufacturing
- Wooden signs (for business)
Most likely, you already know which part of woodworking you like best, so choosing a good niche will probably be easy.
Because of all the specialized tools and equipment needed, entry in this field can be an expensive endeavor. However, if you have been doing this as a hobby, you will probably already have purchased the necessary tools.
The ability to write well is woefully lacking in much of our modern world. Although this is a major problem, it can present an excellent opportunity to you.
If you know how to write grammatically-correct and engaging copy (i.e., the words you write), you will be presented with a multitude of opportunities to turn your hobby into a business.
Depending on the particular niche you enjoy, you could…
- work as a journalist.
- write sales copy.
- help job hunters perfect their resumes.
- write books.
- work as a freelance magazine author.
A multitude of options are available to fit your particular tastes and goals.
Unless you plan to start a full-fledged business (as opposed to being self-employed), the costs are low in this type of endeavor. A freelancer, for instance, could build his writing career while still working at his day job.
Using a special pen to create beautiful letters, calligraphers can make simple words look like art.
If you are proficient in this hobby, you might want to look for ways to make a little money on the side by starting a part-time business.
Although printers have stolen much of the market for calligraphy, some opportunities do still remain:
- Wedding stationary
- Event invitations
- Greeting cards
- Award certificates
- Logo designs
- Restaurant menus
If you work in this field, you will likely have to take a wide variety of projects rather than only those within one specific expertise.
Starting a calligraphy business is relatively inexpensive. In fact, you simply need a pen, possibly ink, and paper (which will vary from job to job).
Unless you get the most expensive tools available, you can probably get all the necessary supplies for less than fifty dollars.
#4 Candle Making
The hobby of candle making is much wider than one might expect. Not only do candle makers create the simple, everyday sticks of wax we are accustomed to, but they also create beautiful, carved candles that are true works of art!
If you enjoy making candles, particularly the unusual types, you might be able to establish a good income stream through this hobby.
Depending on your interests, you could create…
- basic candles.
- scented candles.
- colored candles.
- layered candles (with rainbow colors).
- carved candles.
Do some market research before you start to see which candles are most wanted in your locale.
You can start a business in this field inexpensively by using tools you already have around the house (i.e., cooking pots work as wax containers). The only supplies you will have to buy are the wax, strings, fragrance, and coloring.
#5 Portrait Drawing
Even with the quick and reliable results of photography, portrait drawing has remained a large and thriving field.
If you enjoy the hobby of portrait painting, you should investigate the possibilities of turning your hobby into a business.
You can choose between…
- on-the-spot drawing (i.e., traveling to fairs, craft shows, etc.).
- studio drawing (i.e., having the customer visit you).
- long-distance drawing (i.e., using a photograph reference).
Based on your expertise and availability, any of these options may work well for you.
Getting the necessary supplies can be expensive, but, since you are already doing this as a hobby, you probably will not need to pay much more to turn it into a business.
Although photography is currently an extremely popular hobby, you can still compete if you have a special technique that sets your photos apart.
If you are already doing this as a hobby, you can easily turn it into a job by simply looking for freelance work and listing your photos for sale online.
Within the general field of photography, you can find a wide variety of specific niches:
- Landscape photography
- Wildlife photography
- Sports photography
- Wedding photography
- Portrait photography
Look for a niche that is lacking a clear leader and so your expertise can set you ahead of the crowd.
Getting excellent camera equipment is quite costly, but you can start out with less expensive tools and upgrade over time.
These are only a few of the many hobbies that can be transformed into businesses.
What other hobbies can become businesses?