small profitable business ideas

Small Profitable Business Ideas: From Hobby to Business

I can’t wait to tell you about my past two weeks . . . working from Ecuador and living the dream … the travel life of a blogger. It was awesome! I got to spend the entire time with my son, Hunter, who is living his dream. Working from Ecuador and surfing before, during and after work.

But in the meantime . . . 

Let’s talk about doing what you love as a blogger. In the early days of running my homeschool blog, it felt more like an enjoyable hobby. 

Can you relate? 

Eventually, I needed to follow best practices for online businessesand get serious. Today, I’m offering four small profitable business ideas to turn your hobby into a business with the potential of earning six figures.

These four steps can determine if you’re treating your business as a hobby and how you need to make some changes in order to grow. Even if you’ve had your biz for many years, there’s always room for improvement.

For me, I’m working on Step #1, as I build better systems in my business. Read through each of them and let me know which step you’re working on this week.

small profitable business ideas

Step #1: Organization & Systems

When treating your new business like a hobby, you’re likely to become increasingly disorganized. This is manageable if you only have a few customers, but you’ll quickly find yourself spending time trying to get all of your paperwork in order.

To make your blog into a business, you’ll need to develop systems, which is the first small profitable business idea.

These systems include ways to manage your bills, receipts and other paperwork in a centralized location. Fortunately, digital programs make it easier to do so, but it’s best to start getting organized as soon as possible. Even if your online business is young, you still need to deal with taxes and other expenses. For that reason, I recommend using an organization system to streamline the process.

Step #2: Setting a Schedule

Running an online business means unexpected events will pop up on occasion. For that reason, be sure to balance flexibility with your schedule. One of the the most important small profitable business ideas is setting and keeping a schedule as much as possible. Even if you’re working at home, all by yourself. Or working at home with your kids bouncing in and out of the room.

Make sure to budget time each day for handling your blog, marketing, bookkeeping, and networking. Yep, even with an online business, you need to network. But, that’s another post in and of itself.

Make sure to turn your schedule into a habit.

Again, you may need to improvise on occasion, but setting a schedule and sticking with it ensures you’re able to operate in a professional manner and deliver appropriate services.

It’s also worth tracking your time early in the process. I recommend using Toggl, which I’m using right now as I write this blog post. It helps me manage my time. If a particular task takes up an inordinate amount of your time, outsourcing it can help you spend your time more effectively.

Step #3: Communication and Advertising

As you transition from the hobby to business phase, you need to set up more formal lines of communication which can help tremendously. Make sure to have a dedicated email address and keep it separate from your personal inbox.

Be sure that your website shows your dedication to your business; it’s cheaper and easier than you imagine. At first, you can let people know about your new business through individual emails or social posts.

However, you’ll eventually need to find other ways to advertise your blog. Reaching out to your audience through online and offline advertising is essential to grow your businesses and generate sustained income.

Wondering how? No problem. Discover how to get more followers on Facebook right here.

small profitable business ideas

Step #4: Separate Work & Business Life

Making the move from hobby to business entails taking steps to ensure your business life and personal life don’t mingle too much. Bringing your work home (or into the living room across the hall) with you can make it difficult to unwind and relax. It also makes family life more challenging.

If your business generates enough revenue, a great option is to rent office space, even if it’s in a co-working environment.

Otherwise, set up a dedicated home office to ensure you’re able to mentally separate yourself from your business. Taking a break from work ensures you’re able to be at your best while focusing on your business tasks.

I remember Steve closing the door to our home office and turning off his work-mode. Mentally, it was time for him to spend time with our family when he closed the office door.

Work Smarter, Not Harder

Just adding more hours of work each week will not ensure a successful blog or online business. Following these 4 steps with small profitable business ideas will help you start in the right direction.

In review . . .

  1. Get Organized – Set up systems
  2. Follow a Schedule
  3. Use Communication & Advertising to Grow Your Business
  4. Separate Work from Family

As I told you in the beginning, I’m working on Step #1 . . . Building better systems in my biz to make more profit each and every week.

Which of these 4 steps will you work on this week? Leave a comment below and let me know. I’m here to help YOU.

List Building in 30 Minutes a Day

Are you afraid to even start building your email list because you fear failing? You don’t want to spend time and energy and fail to add subscribers to your list. I get it! I don’t want to waste any energy on things that don’t work, especially my own energy? Or, maybe you’re just stuck in neutral with NO IDEA of how or where

Read More »
Setting goals should go beyond SMART

Beyond SMART: Setting Goals for Online Businesses

It’s that time of year again. Time when everyone is setting goals for their business. If there’s one thing we know about goals, they have to be SMART, right? After all, that’s what we’ve been told for years. The only thing that matters is that your goals are Specific, Measurable, Attainable, Realistic and Timely … SMART. While that looks great on paper—and clearly

Read More »

Joy at Christmas … in Your Business & Family

Merry Christmas! It’s the most wonderful time of the year … time to have joy at Christmas. But is it possible? Today we celebrate Jesus’ birth. What more is there to give joy. But how do you have joy when you’re busy or overwhelmed … when life isn’t easy. Normally, I share family stories of how we are enjoying Christmas, rejoicing in our

Read More »

Don’t Be Afraid to Show Your Personality on Facebook or in Email

There’s so much more to life than working, don’t you agree? So if you do nothing, but post about your business and become a pushy salesperson, you’re not doing yourself justice. And . . . your followers will soon get bored and leave. What should you do? Show them what a well-rounded life you lead and pique their interest with other “lifestyle” type

Read More »

How to Make Money with Affiliate Marketing … Without Hype

Have you thought about recommending affiliate products, but still wondering how to make money with affiliate marketing. For me, earning affiliate commissions helps support my blog and my family. But . . . most readers do not want to read blogs with a lot of hype about buying a bunch of products. They want to know more about you & read stories about

Read More »
Simple Sales Funnel

Simple Sales Funnel {Make Money with Your Blog – Step 4}

Before sharing my simple sales funnel, let me share what’s happening & how it relates to sales funnels. I’m finally rested from last week’s quick SHIP trip to El Salvador to interview teachers & students. We now have a Director and 2 teachers. Now, we only need our K6 teacher. Running our SHIP school in Salvador is a bit like running your business. 

Read More »
2 step system on how to make money with your blog

2-Step System – How to Make Money with Your Blog

By now, you have a plan and a target market. It’s finally time to decide what to blog about and what products you will sell on your blog. Now, we’re getting to the fun part of blogging. This is where we dig into how to make money with your blog. Let’s look at this 2-step system: Step 1: Identify a Problem As a

Read More »

4 Simple Steps to Success

Are you struggling to make money as a blogger or online business? Are you unsure what to do next? Are you wondering if it’s worth it all … will you ever see success? I decided to offer a live workshop to share our 4 simple steps to be successful online. Follow these steps and you’ll have true success as a blogger or online

Read More »