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5 tips for transforming your hobby into a business from the ‘Toy Hunter’

What the reality show about toy collecting can teach you about turning your passion into a profitable business.

“Do what you love and the money will follow.” Entrepreneurs have heard this advice countless times through the years. What’s wrong with it? Most people who try to turn their leisure pastimes into a business fail at it miserably. They end up with a big, expensive hobby, not a successful small business.

Then there are the lucky few, who successfully combine their passion with business smarts and create an income that revolves around something they love.What makes the difference? A great example of how to run a hobby-based business is on Travel Channel’s new show, Toy Hunter.

The show follows toy dealer Jordan Hembrough as he combs through toy-collectors’ attics, garages, storage sheds, and basements in search of valuable collectible toys. Clearly a toy nut himself — his t-shirt proudly proclaims “still plays with toys” — Hembrough relishes spending his days perusing the toy bins for valuable gems.

…to read this article in full, visit leading US entrepreneurial resource, Entrepreneur.com

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Entrepreneur.com

Entrepreneur.com

Entrepreneur Magazine has been inspiring, informing and celebrating entrepreneurs since 1973. Entrepreneur.com offers real solutions to the challenges faced by entrepreneurs, including tips, tools and insider news to help build – and grow – businesses.

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