Money Talks News: Making money with your hobby

Money Talks News - Since she was a little girl, Mindy Noble's been organizing everything from paperwork to furniture. She did it for friends, then one day she realized she could turn her love into her living.

"I had my little Barbie dollhouse, and I used to enjoy rearranging the furniture. As I got older, I would walk into a friends home or even a place of business and if I saw that something could be better, I would recreate it. And start organizing the space with their permission," she explained.  "I started meeting people that had businesses. I started offering them my services as well. And as people saw what a good job I did, and I did a lot of networking, people started hiring me."

Everyone with a hobby they love has probably dreamed of making money from it. Whether as a full-time job or just earning a little extra cash on the side. The key to making it happen is getting organized.

First, see if there's competition. If there is, that's good because that means there's a market.

Also, check out trade organizations.

Next see if your product or service is competitive. Test it on family and friends, asking for an honest opinion.

And once you do that and add any needed constructive critiques, start selling yourself.

"I did public speaking. I did networking. I developed a website, and marketing materials to match," Noble explained.

And that's the way it starts. A consuming hobby, a market then a marketing plan.

There's only one other thing you need.

"Never say no to yourself. With every obstacle is a challenge and with every challenge is an opportunity," Noble advised.

If you want to turn your hobby into a business, there's lots of other aspects you need to know, including where to go for free help.

For more links and some information visit the Money Talks News website and search for "Hobby into Business."

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