Navigating the Path from Hobbyist to Entrepreneur: A Journey into Candle Making and Soap Crafting
Hello, fellow entrepreneurs!
I find myself at a crossroads, inspired by a simple yet promising business idea that centers around creating high-end candles and soaps. Recently, I experienced a setback in my career when I lost my job, which has given me the opportunity to consider pursuing my passion for crafting as a viable business. For quite some time, I have enjoyed making these beautiful products as a hobby, often gifting them to friends and family who have suggested that I take this craft to the next level.
After conducting some initial research, I’ve identified some potential avenues for sourcing raw materials, notably B2B marketplaces such as Amazon and Alibaba, where I can find competitive prices for bulk purchases. However, despite my enthusiasm, I am faced with a considerable challenge: my complete lack of business management knowledge.
I’m eager to learn from those who have trodden this path before me. What are the top three aspects of starting a small business that I should be mentally and emotionally prepared for? While I know there are countless online resources—from articles to instructional videos—nothing compares to real-world insights.
Additionally, I’m contemplating whether to partner with a friend who has expressed interest in this venture. She possesses marketing expertise, which could complement my skills as a creator. Yet, I’m apprehensive about mixing friendship with business, as this can sometimes lead to complications. My husband has his reservations about the viability of this idea, and I’m looking for genuine advice to determine if I should proceed or reconsider.
Have any of you transformed a passion project into a successful business without prior hands-on experience? I would greatly appreciate any honest feedback or stories that may guide me as I navigate this exciting yet daunting journey. Thank you!