Hobby

Does your hobby have business potential? Here’s how to tell

If you’re like most people, you have at least one hobby that keeps you busy and helps you stay entertained outside of working hours. You might practice woodworking, paint abstract art, improve your flexibility with yoga or chart the patterns of stars in the night sky.

With your entrepreneurial mindset, it’s tempting to think that there’s some way to make money from this hobby, in addition to bringing you personal enjoyment. But does your hobby really have business potential?

You might be surprised to learn the answer.

Monetization options

For a business to be successful, it needs to have a way to make money. Even if you’re pursuing this mostly because of your passion, you’ll still need a stream of income to offset your costs and keep the business running.

Accordingly, you’ll need some way to “monetize” your hobby. There are a few possible options here:

  • Production. One of the

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10 Online Courses That Can Help Turn a Hobby Into a Side Hustle

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One of the side effects of COVID-19 is that millions of people across the United States (and world) are spending a lot more time at home. Even as people start responsibly hanging while sticking to the CDC’s latest guidelines, you may have some extra time on your hands that needs to be filled. If you’d like to turn that spare time into a side hustle for some extra income (or dip your toe into a new career path), your best bet is to try some online courses.

The best online learning platforms like Udemy, Masterclass, and LinkedIn Learning offer classes taught by professionals and run through an easy-to-understand syllabus you can review before signing up. Importantly, these are recorded lectures, not live classes. You can watch the entire course — which is broken down into different sections — on your web browser, or

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