Success Advice
5 Reasons Your Hobby May Not Work as a Business

Here’s an experiment you can try, ask any person what business they would love to launch if they had the budget at this very moment. They will probably relate the ideal business to one of their hobbies. People who love reading would love to have their own bookshops, and those who know everything there is to know about herbs would gladly open a teahouse with blends from all around the world. Well, starting a business you’re passionate about is not as easy as it seems.
If you try to grow a business out of your hobby, you’ll start thinking of different ways to make it profitable, so it will slowly lose the beauty you once recognized in it. Don’t worry, that doesn’t mean you cannot start a business related to your interest. You can, but first you have to be aware of the pitfalls, and you need to learn how to avoid the traps.
Here are 5 major obstacles on the way to turning your favorite activity into a successful business:
1. Lack of knowledge and real expertise
When you’re doing something as a hobby, you’re focused on the nice things that come with it. If you like reading books, you have unspoiled love for literature and you know little or nothing about publishers, store management, prices, taxes, and budgeting. If you open a bookstore, the business will be related to literature, but you’ll hardly find any time to enjoy literature the way you used to.
Here are few tips to help you handle this risk and to become a good entrepreneur:
- Learn everything there is to learn about the type of business you want to start. What expenses will come with it? What connections do you need to start this business? How much money do you need to invest? What’s the demand on the market? What’s the potential for growth? In other words – become an expert not only in the hobby, but in the business as well.
- Always make time to enjoy the hobby the way you used to. As you learn more about your hobby, you’ll start seeing everything from a theoretical point of view. Let’s say you want to start a fitness center. No matter how much you learn about nutrition, muscles, and different types of physical exercise, you should always engage in your hobby with pure joy, at least for one hour per day.
“If you’re trying to create a company, it’s like baking a cake. You have to have all the ingredients in the right proportion.” – Elon Musk
2. Deadlines ruin the fun
If you want to start a business, get ready to face some pressure regarding deadlines. You’ll have a deadline for everything; setting up the store, launching a website, organizing a competition, providing documents to your accountant, etc. All that pressure will make you think, maybe this hobby isn’t fun after all.
3. Financial and legal matters
Some people love perfumes and they can recognize every note in a scent. They can tell you a lot about a person based on the scent they prefer. Does that mean they can start a successful perfume shop? Not necessarily. The most common pitfall for all passionate people comes in the form of financial and legal matters. You may have enough money to start but it’s not enough without knowing how to invest that money efficiently.
It will take a lot of time for you to understand how everything works, so the best solution would be to take a course related to small business maintenance. You’ll have to be educated on the regulations of your state before you can start a business.
4. You’ll find yourself in different hats
First of all, you’ll be the founder of your business. You’ll be responsible for the supplies and organization for the entire company. You’ll also need advanced budgeting skills, and you’ll be the manager of your employees. If you don’t have many employees at the start, you’ll also be a seller. In other words – you won’t even notice the hobby among all those responsibilities.
The best way to surpass the risk of having too much on your mind is delegating. You should consider employing more people or outsourcing certain tasks, such as press release or blog writing, website maintenance, social media management, etc.
“If you really want to grow as an entrepreneur, you’ve got to learn to delegate.” – Richard Branson
5. Tons of competition
Let’s face it, you’re not the only person on the planet with this hobby. Many people have already thought about starting a similar business, and few of them have succeeded in their goals. Moreover, there are plenty of companies that have worked out the ‘business’ part of this hobby. You’ll see tons of brands producing yoga clothes, but their owners know nothing about yoga.
In simpler words, you have to stand out! You have to master marketing techniques. If you know nothing about marketing, you can always take an online course before starting your business.
Add a twist that makes you different. There are tons of customers for any kind of business, but you need to attract your target audience with brand new ideas and original offers. Since you already have this hobby, think about the things that are missing on the market. How can you make this hobby more enjoyable through the services or products you’ll provide?
With all this serious talk, maybe you started questioning the idea of turning your hobby into a business. You should never doubt yourself! There is great potential in you, but it will take a lot of persistence, dedicated learning, and a wise approach for a successful start.
Have you tried turning your hobby into a business? What are you experiences from doing so? Please share your thoughts in the comment section below!
Success Advice
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Your life is dictated by beliefs and biases that drive your thinking, behaviors, and decisions

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Success Advice
How to Break the Cycles of Mediocrity and Manifest Your Greatness
There is no greatness without becoming and there is no becoming with authenticity

In just a few weeks, we will be wrapping up 2023. Can you believe it? This year has been absolutely incredible for me.
I have seen amazing doors opened, new relationships formed and I am seeing dreams realized in my life. While this seems like the hallmarks of a great year, this has also been the most challenging year of my life. With all of the change happening in my life, I have been forced out of my comfort zone and challenged to grow in every area of my life.
I can truly say that I have made the most of my moments this year and I have used everything as a catalyst for maximizing my greatest potential.
As a revolutionary leader, I have the pleasure of consulting and advising leaders around the world to fulfill purpose, realize their greatest potential and make an impact.
I want to share some insights with you that will help you to break cycles of mediocrity and manifest your greatness.
Everything legal must come through the matrix
I am sure that some of you are wondering why I am using the term matrix. However, what you have to understand is that I am trying to make a highly complex spiritual principle practical to understand.
Regardless of your spiritual beliefs, every life has an origin and I believe that origin is divine and begins with eternity. You are birthed from eternity and into time to fulfill a unique purpose and assignment in your lifetime and generation.
The matrix is simply the portal or vehicle that brings something out of the invisible realm and into tangible form. The problem with much of the teaching today is that it excludes the matrix. We are told to believe that success is instantaneous and overnight.
Nobody talks about how a dream progresses through stages beginning with visualization and ultimately culminating in manifestation. Without a matrix or portal then everything that you attempt to birth and build will be illegal.
The matrix not only makes you legal but it gives you the authority and power to function as the greatest expression of who you were created to be.
Every matrix has an incubation process
While many people admire and respect me today, I remember a time when nobody knew who I was or the significance of my message. How did I get to where I am today? I got here through an incubation process.
In other words, everything that has been destined for your life is incubating and awaiting a set time of manifestation. The problem is that most people live their entire lives idle and never initiate the incubation process.
What do I meany by that? Most people are living reckless and very few people are living intentionally. I am amazed at the number of people I have conversations with that have no vision, goals or strategies for their lives. They show great promise and they have undeniable potential.
However, without development they will die with their dreams still in them.
Everything that has been destined for your life must be incubated and converted to become realities born to time.
“Visualize this thing that you want, see it, feel it, believe in it. Make your mental blueprint and begin to build.” – Robert Collier
You must give expression to that which is not yet born to time
When you think about a matrix or a prophetic incubation process, you have to understand that potential is often unrealized and untapped. In other words, your potential is in raw form and your potential cannot serve you as long as it is untapped.
The thing that makes me valuable is that I have the ability to convert potential into power. I have done it in my own life and I have empowered leaders around the world to do the same. How do you convert potential into power?
First, it is important to note that you have to perceive potential. If you cannot perceive your potential then you can never cultivate your potential. In addition, you must take the time to cultivate your potential. We often get excited about our capabilities; however, we never expand our capacity in order to realize our greatest potential.
In other words, the strength of your potential is only discovered through your willingness to stretch. The more we are challenged the more we are empowered to expand our capacity for greatness. Most of all, you must begin to express your potential. The expression of potential is different for every person.
For example, the expression of my potential is best demonstrated through the thoughts, ideas, products, services, books, etc.
For another person the expression of potential may look like a screenplay, artwork, sports, scientific discoveries, medical breakthroughs, etc.
Regardless of the form of expression, I know that you will live empty and unfulfilled until you make the decision to express your potential. The expression of your potential gives voice to your dreams, life to your vision, significance to your moments and activates your true power.
You must manifest your greatness
As a revolutionary thinker and leader, my work has impacted people around the world. I am grateful that my life is a source of empowerment to so many people. However, before anyone could ever benefit from my life, I had to make a non-negotiable decision to become who I was born to be.
I wish I could tell you that this journey is easy and that you will get there overnight. However, in a world that celebrates us for doing we are often criticized for being. As a result, I wasted a lot of time trying to be who other people wanted me to be instead of being who I was born to be.
There is no greatness without becoming and there is no becoming with authenticity. It is through our bravery to be vulnerable that we ultimately manifest our greatness. We do not bless the world by being a duplicate. We bless the world when we honor our difference. When you honor your difference you honor your potential.
Ultimately, your difference is how you manifest your greatness.
When you present anything but your authentic self to the world, you are playing small and you are robbing the world of your significance. Manifesting your greatness requires you to master your gifts.
Success Advice
Here’s a Young Man’s Antidote for the Uncertainty of the Modern World
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