We’ve during the course been warned about making a business out of our hobbies. I hope you recall the lecture about needs where we learnt that if you like the product there is no guarantee that there actually is a need for it.
However I haven’t since then got the thought about market testing a hobby and the more I think about it it becomes an even balance between pros and cons. The cons are obvious:
- Not based on need
- Unsure market
- Lack of time
- Might not be scalable
The pros are on the other hand quite relevant:
- Low costs (you are already doing it)
- Low extra effort (hey, you are already doing it)
- You like it
So in all aspects my thoughts are: Why not try? What is the worst thing that could happen? Okay, the idea is not viable, but then you’ve learnt something important very cheaply.
This might be a crazy idea that I have when I should study production planning and control but rather think about the many liters of beer brewing in my apartment. So, my question is: Do you have a hobby that would be marketable? And why don’t you try to make it into a business?