Question of the day:
When should I turn my hobby into a business?

Joscelyn shares the 3x3 rule for turning your hobby into a money-making business.

Today’s top takeaways:
If you’re doing what you love, it’s not going to feel like work.
You can totally make money doing something that you love by creating a business from your hobby.
First, you have to make sure people are willing to buy from you.
The best time to start a business is once you sell a few items, people are liking the item/price point, you don’t mind doing the work, and you have the time to turn it into a business.
Never turn a hobby into a business in an untested area without selling a few items first.
The 3x3 rule: sell three items in less than 3 months to ensure your hobby can create a sustainable business.
You have to make sure people will actually want to buy your product or service from you before creating something out of love that will never be sold

This episode was brought to you by The Digital Market Course Calculators - pricing and breakeven calculators - to help you plan for and make more money from your product/course every single time you have a launch. It’s a great way to see if your hobby can be turned into a business and determine the price point it is worth. Those two calculators are available to you for FREE at www.thedigitalmarket.com/calculators.

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