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Individuals look for job to earn money. but money can come to individual when they turn their hobby into a vocation to earn money.
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OXFORD HOTELS26, Suez Crescent,Behind Sheraton Hotel,Along Ecobank, Wuse Zone 4, Abuja.0803 813 4056, 0805 527 [email protected] Management Training Consultancy
1 | P a g e
Most people wish many things on their death beds, but wishing they
spent more time at work will probably not be one of them. If we are
destined to spend most of our waking hours on earth at work or
working then we might as well do work that we enjoy and find
meaningful. Life is too short to spend most of your life doing work
that you don’t find satisfying.
I believe that a lot of people wish that they can convert their hobbies
into their vocations. A hobby is an activity or interest which is
pursued for pleasure or relaxation. The secret of most successful
people in any profession is that they usually tend to enjoy what
they do. They are motivated to succeed and excel because they find
what they do to be meaningful. Such people don’t dread ‘Mondays’
but rather look forward to them.
“Do what you love, love what you do”. This is so powerful. It is all
about doing what you are passionate about. I believe that people who
are passionate about what they do, usually end up doing great things.
Their vocation is their hobby and their hobby is their vocation.
You need two things to succeed in converting your passion or hobby
into your vocation.
My question for you is this – are you prepared to toil for the rest of
your life doing work you detest or are you prepared to figure out a
way to turn your hobby/passion into your vocation?
Here are 8 Tips to Get You Started:
The self-awareness or self-
knowledge: To know which of
your hobbies to pursue as a
vocation. Therefore good
decision making is crucial in
selecting which hobby is worth
pursuing.
Learn how to monetize your
selected hobby. This is the
difference between a hobby and a
vocation. The latter generates
enough income to pay the bills while
the former usually doesn’t. Most
people are content for their hobbies
or passions to stay in the
background while they toil on jobs
they can’t stand for the rest of their
lives
1. Take a Stand for Yourself.
If you are dissatisfied with your
current circumstances, admit
that no one can fix them except
you. It doesn't do any good to
blame the economy, your boss,
your spouse or your family.
Change can only occur when
you make a conscious decision
to make it happen.
OXFORD HOTELS26, Suez Crescent,Behind Sheraton Hotel,Along Ecobank, Wuse Zone 4, Abuja.0803 813 4056, 0805 527 [email protected] Management Training Consultancy
2 | P a g e
2. Identify the Right Business for You.
Give yourself permission to explore. Be willing to look at
different facets of yourself (your personality, social styles,)
and listen to your intuition. We tend to ignore intuition even
though deep down we often know the truth. Ask yourself
"What gives me energy even when I'm tired?"
How do you know what business is "right" for you? There
are three common approaches to entrepreneurship:
Do What You Know: Have you been laid off or want a
change? Look at work you have done for others in the past
and think about how you could package those skills and
offer them as your own services or products.
Do What Others Do: Learn about other businesses that
interest you. Once you have identified a business you like,
emulate it.
Solve a Common Problem: Is there a gap in the market? Is
there a service or product you would like to bring to
market? (Note: This is the highest-risk of the three
approaches.) If you choose to do this, make sure that you
become a student and gain knowledge first before you
spend any money.
6. Build a Support Network.
You've made the internal commitment to your business. Now
you need to cultivate a network of supporters, advisors,
partners, allies and vendors. If you believe in your business,
others will, too.
4. Know Your Target
Audience Before You
Spend a Penny. Before you spend money,
find out if people will
actually buy your products
or services. This may be the
most important thing you
do. What is the size of your
target market? Who are
your customers? Is your
product or service relevant
to their everyday life? Why
do they need it?
3. Business Planning
Improves Your Chances
for Success. Most people don't plan. A
business plan will help you
gain clarity, focus and
confidence. As you write
down your goals, strategies
and action steps, your
business becomes real.
5. Understand Your
Personal Finances and
Choose the Right Kind of
Money You Need for Your
Business. As an entrepreneur, your
personal life and business life
are interconnected. You are
likely to be your first and
possibly only investor.
Therefore, having a detailed
understanding of your
personal finances, and the
ability to track them, is an
essential first step before
seeking outside funding for
your business
OXFORD HOTELS26, Suez Crescent,Behind Sheraton Hotel,Along Ecobank, Wuse Zone 4, Abuja.0803 813 4056, 0805 527 [email protected] Management Training Consultancy
3 | P a g e
Network locally, nationally & via social networks.
Join networks like your local chamber of commerce,
or other relevant business groups. Here are some
networking basics:
- When attending networking events, ask others what
they do and think about how you can help them. The
key is to listen more than tout yourself.
- No matter what group you join, be generous, help
others and make introductions without charging them.
- By becoming a generous leader, you will be the first
person that comes to mind when someone you've
helped needs your service or hears of someone else
who needs your service.
7. Sell By Creating Value. Even though we purchase products and services every
day, people don't want to be "sold." Focus on serving
others. The more people you serve, the more money
you will make. When considering your customers or
clients, ask yourself:
- What can I give them?
- How can I make them successful in their own
pursuits?
- This approach can help lead you to new ways to
hone your product or service and deliver more value,
which your customers will appreciate.
8. Get the Word Out.
Be willing to say who you are and what you do with
conviction and without apology. Embrace and use the
most effective online tools (Twitter, Facebook,
YouTube, LinkedIn) available to broadcast your news.
Use social networks as "pointer" sites to point to
anything you think will be of interest to your fans and
followers.
Even though social networks are essential today (you
must use them!), don't underestimate the power of
other methods to get the word out: e.g., word-of-
mouth marketing, website and internet marketing
tools, public relations, blog posts, columns and
articles, speeches, e-mail, newsletters, and the old-
fashioned but still essential telephone.
If you take these steps, you'll be well on your way to
becoming your own boss. It's important to remember that you
are not alone. If you want to "be your own boss" but you still
feel stuck, reach out and connect with other entrepreneurs in a
variety of ways. You may be surprised by the invaluable
contacts that are right at your fingertips.
Your earning ability today is largely dependent upon your knowledge, skill and your ability to combine that knowledge and
skill in such a way that you contribute value for which customers are going to pay (Brian Tracy)
GET SKILLED IN PROJECT MANAGEMENT, THE
PATHWAY TO BECOME A SUCCESSFUL
ENTREPRENEUR
