Translating Your Passion into a New Career
Are you dreading going to work day in and day out because you’ve lost interest in your current job? Would you like to turn something you really love doing into a new career? If you’re wondering how to make the switch so you can finally lead a more fulfilling life, read on for some advice from Agility Daily regarding turning your passion into a paycheck.
Discover Your Passion
Do you have a hobby or favorite pastime that you’d like to turn into a profitable endeavor? Before you quit your day job, do your research and make sure you’ll be able to make a living doing what you love. You may start by calling people that are successfully running businesses in the field you have a passion for, and ask if you can shadow them to see if it’s something you could successfully pursue as well.
Or take a class at your local community college or with an online university to know more about the ins and outs of that particular business before you launch your own. You may have to start small in your spare time before taking the plunge and going full time.
Evaluate the Cost
How much money will you need to invest in order to turn your passion into a business? If you need to purchase expensive machinery, equipment, or inventory in order to get going, you may need to take out business loans or find partners to obtain the funding you need to get your new venture off the ground and running.
Take into account your fixed expenses such as rent and utilities, and don’t forget to include marketing costs you will incur to promote your new business: your online marketing strategies should include a fully-functional website and social media accounts to run advertising campaigns, while your offline advertising budget may go toward billboards or newspaper and radio ads to reach local customers.
Get Certified
Do you have the proper credentials that will establish you as an expert in your field and help you attract customers? You may have to take classes to dust up your skills, to stay up-to-date on the latest developments in your field, and to obtain the proper certifications for your line of work.
If you’re looking to polish up or develop your technical skills, Agility Daily offers both coaching and degree and certification classes in subjects from healthcare administration to Lean Six Sigma Green and Oracle 11g Database.
And don’t underestimate the power of a carefully crafted resume to showcase your talents, education, and credentials. A great resume will optimize your chances of landing your dream job or dream clients. Get started with a resume builder that allows you to create a professionally designed resume within minutes. Select a template and then add your own text, font type, background, and images.
Start Your Own Business
Once you’ve done your research and you’re ready to launch your new company, you’ll have to decide on a business structure in order to get properly established. For small businesses, forming an LLC (limited liability company) is probably the most popular choice as it offers legal protection and pass-through taxation while being easier on the paperwork front compared to other business structures. Make sure to obtain an Employer Identification Number (EIN) so you can open business bank accounts, file taxes and hire employees.
Once you have the legal process covered, it’s time to start creating your logo. It’s important to design a logo that is memorable, simple, and that reflects your business. Once you have a great idea, use a free online tool to make a custom logo. Then, you can really start your marketing process!
Turning your passion into a full-time career is possible with careful planning and thorough research. And you don’t have to do it alone: online classes, formation services and résumé builders are designed to help you launch a successful business that you’ll enjoy running for years to come.