How To Transform Your Hobby Into A Home-Based Small Business

Hobby to Small Business Cover

Are you looking for something more out of life? Maybe you have worked for someone else for twenty years and are longing to go into business for yourself.

You are not the only one. In 2009, there were approximately 28 million businesses in the United States, according to Office of Advocacy estimates. That number has increased greatly in the past few years, and been rapidly growing in the last 18 months, not least because of the current economic situation. As people get laid off, and are unable to find new jobs, they are creating their own businesses to help make ends meet.

In today’s society, it is more affordable and possible to start a business of your own than ever before. In fact, with so many people having lost their jobs recently, the lure of small business ownership is greater than ever, and increasing every day.

This ebook gives you invaluable advice if you are thinking of trying to transform a hobby you enjoy into a successful home-based small business.

49 8.5 X 11 pages, 9,500 words

How To Transform Your Hobby Into A Home-Based Small Business

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As of September 2012, according to the SBA small firms have accounted for 67% of net new jobs from 2009 to 2011. At the same time, however, the recession has closed down up to 200,000 small businesses. Don’t be one of those sad statistics. Set up your business the right way, for the long term, and see how much you and the economy can benefit from you running your own small business.

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Becoming emotionally engaged on the job

Worldwide, a study of workers in 19 countries shows that only 21 percent of workers are “engaged” in their work. The study by Towers Perrin, a consulting firm, indicates that workers in the U.S. rank fourth in levels of emotional connection with their company at 29 percent. The leaders were Mexico with 54 percent, Brazil with 37 percent, and India at 36 percent.

In addition to that 29 percent in the U.S., another 43 percent were classed as “enrolled” or on their way to becoming engaged in their work.

While focusing on customers was a key driver of engagement, being aware of what they need to do to add value and being willing to do it were big factors in job satisfaction.

Salary was actually less of a factors than was the feeling that the company was interested in their well-being.

Other factors affecting emotional engagement  included:

  • the opportunity to improve skills
  • career advancement opportunities
  • having challenging work assignments
  • having input into department decisions

A good relationship with the boss was important, as was working for an organization that solved customer problems and was socially responsible.

So if you feel disaffected with your current position, perhaps it’s time to start thinking more seriously about starting up your own online business. It will certainly lead to a lot of advancement, challenges, and decisions!

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