In this episode, we explore the transition from hobby to profitable business. Bumi discusses the pitfalls of starting a business and how to avoid them, highlighting the importance of thorough planning and market research. She outlines eight crucial steps to evaluate the potential of turning a hobby into a business, providing valuable insights and practical strategies. Listeners are encouraged to assess their passion, conduct market research, determine their unique value proposition, create a comprehensive business plan, identify revenue centers, test the market, and understand legal and tax implications. Bumi’s expertise and real-world examples offer actionable advice for aspiring entrepreneurs looking to scale their hobbies into successful enterprises. Tune in to gain valuable insights and take steps toward creating your own economy.