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KEY CONSIDERATIONS BEFORE MONETIZING YOUR HOBBIES
- Market Research: Validate your idea by researching demand for your products or services.
- Business Plan: Create a plan outlining your goals, target audience, and marketing strategy.
- Legal and Financial: Understand the legal requirements for your business, including taxes and licenses.
- Marketing: Promote your business through social media, online advertising, and networking.
- Time Management: Balancing your hobby with business responsibilities.