​Five Tips to Turn Your Passion into a Successful Business

1) Side-launch or side hustle.

More often than not, it’s beneficial to keep your day job when you first start out. You don’t want to put everything on the line, because new endeavors are often filled with uncertainty. You should start small by building confidence, knowledge, and experience before you go all-in. If you quit your job based on your passion, you may put yourself in a vulnerable position.

2) Treat it like a business.

When starting your own business, it can be hard to stay motivated and organized. Unlike the typical 9-to-5, entrepreneurs setting off on their own don’t have anyone telling them what to do or when to do it. It’s also easy to lose focus and forget to prioritize your side hustle when it’s not yet making you money.

3) Launch platforms.

There was once a time when, in order to launch a business, you had to have a physical brick-and-mortar location (especially for retail operations). But having a physical location often comes with a high price tag that can be daunting for startups. Now, however, there are a number of tools available for entrepreneurs that will allow you to reach consumers without high startup costs.

4) Get support.

A number of organizations have been created to help startups, entrepreneurs, and other small businesses. Among them is the U.S. Small Business Administration. This governmental organization has set up a number of Small Business Development Centers in states across the country, offering resources like business plan development, manufacturing assistance, financial lending assistance, procurement and contracting aid, market research help, and healthcare guidance. Another organization offering assistance is SCORE, a national nonprofit that pairs entrepreneurs with business mentors.

5) Tell everyone.

Since I recommend you side-launch the business, it’s important for you to find a balance between getting the word out to potential customers and clients and maintaining your job security. You shouldn’t worry about starting to leak information, but to ensure your employers don’t start to question your dedication, it’s important to stress that this is a “side project” when talking about it.

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