When you want to turn your passion into a business validate it first. It will do you no good to begin your side hustle only to realize that no one is interested in what you have to offer. You’ll wind up wasting countless hours on activities that will generate no additional income for you. You’ll also grow disheartened and may even consider giving up altogether.
Oprah Winfrey –
The biggest adventure you can take is to live the life of your dreams.
Validate Your Side Hustle Before You Turn Your Passion Into A Business
Once you’ve decided turn your passion into a business a business or side hustle, it’s critical to put your ideas into action. In other words, you must be able to demonstrate that people are willing to pay you for the services or products you provide. Determine whether or whether there is a “market need” for the goods or services that you want to provide.
For one thing, it will do you no good to begin your side hustle only to realize that no one is interested in what you have to offer. You’ll wind up wasting countless hours on activities that will generate no additional income for you. You’ll also grow disheartened and may even consider giving up altogether.
As a result, it is critical to ensure that people will be interested in what you have to offer, even if it is only a small number of people.
So, what is the best way to go about it? Where can you find an audience to test your idea with? What resources are available to you?
Some straightforward suggestions are as follows:
- Post a question on social media asking your friends if they would be interested in what you have to offer.
- In the event that you have an existing email list, you might put out a poll to see who would be interested in what you’re going to offer.
- Create a sign-up list where individuals may sign up to receive additional information. If a large number of people sign up for your event, it is an indication that your idea has legs.
- Offer to allow clients to pre-purchase your product or service. If a large number of individuals make purchases from you, you can be confident that you’re on to something.
Your goal is to avoid squandering time on ideas that are unlikely to be successful. If your polls, emails, and sign-up list aren’t garnering much interest, it may be time to consider switching to a different side hustle.
It is critical that you do not become disheartened at this point in the process. If you are unable to gain traction with your side hustle, this does not necessarily imply that you should abandon it altogether. The term simply refers to the possibility that you will not be able to generate a sustainable revenue from it. Alternatively, you may simply require a change in your approach to your offering.
The possibilities for earning money are endless, and you can almost likely discover a side hustle that allows you to continue doing what you enjoy.
