Well if you did of course? This question came to me from Indy News an American site for Independent Cosmetic Businesses that I subscribe to and I thought it was well worth sharing.
Most Indie Business owners don't start a business with the idea that they'll, well, start a business!
Mostly, we find something we love to do and we starting doing it with a passion. Soon, we find that we can't stop ourselves. Whether it's making soap, jewelry or baby blankets, our new hobby absorbs us fully.
Then, we give the products we make away as gifts. It's easy enough since by the time we start unloading everything, our houses are overrun with supplies and something has to give.
Then, the people we give stuff to come back and ask to buy some. After a few months, it dawns on us that we just might have a budding business!
So we coast along for a while in what I call "No Man's Business Land." We are a cross between a hobbyist and a business owner.
We are a hobusiness owner, and we know we've come to a fork in the road.
What to do?
Take it to the next level and start a real business where we have to be profitable, market ourselves, embrace state and federal regulations and more?
Or stay at the hobbyist level where we make things for fun, don't have to worry about insurance or following federal and state regulations and just have a good time?
Mostly, we find something we love to do and we starting doing it with a passion. Soon, we find that we can't stop ourselves. Whether it's making soap, jewelry or baby blankets, our new hobby absorbs us fully.
Then, we give the products we make away as gifts. It's easy enough since by the time we start unloading everything, our houses are overrun with supplies and something has to give.
Then, the people we give stuff to come back and ask to buy some. After a few months, it dawns on us that we just might have a budding business!
So we coast along for a while in what I call "No Man's Business Land." We are a cross between a hobbyist and a business owner.
We are a hobusiness owner, and we know we've come to a fork in the road.
What to do?
Take it to the next level and start a real business where we have to be profitable, market ourselves, embrace state and federal regulations and more?
Or stay at the hobbyist level where we make things for fun, don't have to worry about insurance or following federal and state regulations and just have a good time?
Id love to hear what you think..........
Question: If you are a business owner, how did you make the move from "hobusiness owner" to real, full-fledged business owner? Are you in the process of deciding? What are you considering?
Question: If you are a business owner, how did you make the move from "hobusiness owner" to real, full-fledged business owner? Are you in the process of deciding? What are you considering?
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