Could your hobby be a business?

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THE CUT JENSTONE
Could Your Hobby Be A Business?
THE CUT JENSTONE
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Turning a hobby into a business
Turning a hobby into a business is a big step.
Just because it's your hobby doesnt mean it's
going to be easy. Apart from hobbies, you will
have to handle other business activities. Its a
pickle. It might ruin the hobby that makes you
happy. I want more from what you are doing. But
you don't wanna screw up with one thing that
makes you feel at home with the help of legal
templates.
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PROS

• Passion and Fulfillment. Cant beat it.
  Fulfillment with your everyday activities gives
  you a sense of peace and purpose. Also, your
  passion for a project can be infectious, and draw
  in customers.
• Existing Expertise. You are already past the
  learning curve. Now you have a competitive edge
  over others. You can use it for your own good and
  be unique in the field.
• Motivation. You like, you love it, you want some
  more of it. Because it is your hobby you are
  already excited and motivated to continue and
  thrive. This will keep you energetic in your
  business.
• Innovation and Creativity. Every field in this
  world wants creativity. This can be the creative
  outlet that youve been missing! My lawyer desk
  job didnt offer much creativity. I do have legal
  template packages. I was bursting at the seams to
  have some creativity to balance my life.

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PROS

• Something to keep me motivated and excited about
  my job with legal templates . The need to be
  creative pushed me in directions I didnt expect.
  Now I am experimenting with various products
  within my job that I haven't before.
• Work Environment. The flexibility of creating
  your own work environment allows you to cater to
  your personal needs

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CONS

• Commercialization. Turning a hobby into a
  business will force you to incorporate aspects
  into the hobby that may not spark joy. Things
  that you might find exhausting. Like balance
  sheets, legal templates, customer interaction and
  complaints, marketing, and more.
• Competition and Marketing. Many people are doing
  what you are into. Even if you have skill and
  talent, it is still hard to stand out. But don't
  get disheartened. Remember that just because you
  may be weaker at marketing or other business
  aspects. You are not an expert in these. Bad
  performance in this doesnt take away from the
  beauty and/or skill of your hobby and work.

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CONS

• Financial Uncertainty. There are no guarantees
  when you are going to earn profit. It may take
  weeks, months, or even more than a year to turn a
  profit. This is scary for anyone. Because
  starting a business always costs money. After
  investing money and time you hope to make a
  profit if not in 3 but within 6 months.
• Burnout. Stress, exhaustion, and the feeling that
  might never end. Its not only possible to burn
  out. But at some business point, you might start
  to lose motivation.
• Loss of Passion and Enjoyment. Like I said at the
  start. It might ruin the hobby that makes you
  happy. This one is scary. Because it was your
  hobby that kept you happy and motivated. Thriving
  for business for a long time with individual
  legal templates! But the pressures of turning it
  into a profitable business might overshadow the
  pure enjoyment you get from it.

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CONS

• Learning Curve. Because it is your hobby. You are
  ahead of the learning curve. But running a
  business is a different animal. You need to learn
  about things that you haven't tried yet. Like
  marketing, finances, and writing legal templates.
• Its important to strike a balance between your
  passion for your hobby. The wish to emerge your
  hobby into business and mixing two realities
  might not turn out well. The plus point is now
  you are aware of these possible cons. They may
  help you avoid problems in business.

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Here are some TIPS to avoid the possible
negativity

• Delegate. If you are weak in one or more of the
  many business aspects. Then it is best to get
  help in doing it. If you are low in budget then
  learn with time. So this help lasts only so long
  as it takes you to learn more. I have already
  explained how delegation helps in business in one
  of my previous articles. If you wanna learn more
  then sure have a look.
• You need to have legal templates like a privacy
  policy to protect your business. Now law is
  another field. You don't wanna spend hours and
  weeks learning just to draft an agreement or
  policy? It is better to purcahse individual legal
  templates or legal template packages than to
  spend hours and hours writing only one. They are
  not as expensive as you might think. Most of them
  cost 100. So sure it will save you some bucks.
  Seems like an easy decision.

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Here are some TIPS to avoid the possible
negativity

• Take Breaks. If you are sick and tired of your
  hobby and the business aspect of it, take a quick
  rest. Recharge. Don't burn out and ruin your
  mental health. Get back to it when you are ready.
  You don't need to rush. If you are so committed
  then see if your break does not disrupt your
  momentum.
• Keep your Day Job at Least for a While. If you
  are worried about money. Start this as a side
  hustle and build a sustainable business. This may
  apply differently if you are just trying to have
  a side hustle and not replace your full-time gig
  with legal templates.

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Here are some TIPS to avoid the possible
negativity
Schedule Tasks. Break down your tasks into small,
manageable pieces throughout the weekdays, so you
don't feel overwhelmed or constantly behind.
Leave big activities and tasks on days off from
your regular job. Do smaller regular tasks on
regular days that you can handle consistently.
This has been a lifesaver in my business. So make
sure you apply that to your business with legal
templates.
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