How To Turn Your Hobby Into a Business

November 6, 2024

7 STEPS TO TURNING YOUR CONTENT CREATION HOBBY INTO A BUSINESS

Imagine this: your passion isn’t just a hobby anymore, it’s your cash-flowing business. You’re making double the income you were before, but this time: doing what you love, calling the shots, and building something that’s completely yours.

Maybe you want to start traveling the world–now you have the freedom to do so with your content creation business. You rent Airbnb’s in a different city each month because you can (I highly recommend this, btw).

Here are the steps to make it happen:

01/ Define your niche/target audience

Create content that resonates with your audience and sets you apart from the competition. Your niche is the problem you solve and your target audience is who you want to solve that problem for.

02/ Create a compelling brand story

Build your personal brand that answers the who, what, and why behind everything you do. Check out ”Building a Story Brand” by Donald Miller—this book helped me soo much when creating my brand story.

03/ Craft some value-add content

You want to create content that’s both valuable AND engaging for your audience (remember: quality over quantity). Having a content calendar makes this way easier. AND if you want to make it even easier, get weekly content ideas with The Impact Content Calendar!

04/ Monetize your posts

Time to turn your passion into profit! Selling digital products or services is a great place to start. I use Stanstore to easily do this. It hosts all of your courses, digital products, bookings, etc. in one link for your bio.

05/ Create multiple revenue streams

Find more ways to generate income, such as looking into brand partnerships and affiliate marketing. Connect with brands that are similar to yours to collab with. Search for products you already love and get affiliate links for them.

06/ Build an engaged community

Your community will be the driving force for the success of your business! Some fun ways to do this can be a broadcast channel on IG, getting to connect over on Threads, asking for UGC, or running contests/giveaways. Always make sure to keep up with your Instagram stories, making things interactive, replying to DMs and comments, etc. 

07/ Stay updated on the latest industry trends

Continue to grow and learn everything you can about your niche and industry to adapt and evolve your biz over time. Stay in the know with the Later blog, being in a mastermind group, and following industry news accounts on socials.

Phew!  Did you get all of that? Look, I never said it would be easy, but in the end, it’s worth it. 

If you’re ready to make the dream of going full-time with a content creation biz a reality, you need a strategy to get there. I’ll help you create a solid plan!

Each week, I host a Q&A on Instagram stories, and I’d love to answer your questions! Keep an eye on my IG or reply here, and I’ll make sure to get you the answer you’re looking for. Catch you next week on my Instagram!

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