5 min read

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If you’re like most people, you have at least one hobby that keeps you busy and helps you stay entertained outside of working hours. You might practice woodworking, paint abstract art, improve your flexibility with yoga or chart the patterns of stars in the night sky.

With your entrepreneurial mindset, it’s tempting to think that there’s some way to make from this hobby, in addition to bringing you personal enjoyment. But does your hobby really have potential?

You might be surprised to learn the answer.

Monetization options

For a business to be successful, it needs to have a way to make money. Even if you’re pursuing this mostly because of your passion, you’ll still need a stream of income to offset your costs and keep the business running.

Accordingly, you’ll need some way to “monetize” your hobby. There are a few possible options here:

  • Production. One of the most straightforward options for hobbies that involve physical production is selling the physical goods you create. You can sell your art, your crafts and your structures for a price that exceeds your costs. Thanks to

Leverage your specialized knowledge to earn money and build up your skills.

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1 min read

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Peter Voogd describes several ideas for entrepreneurs looking to make extra money and improve their skillset. These include:

  • Connecting product sellers to receptive audiences with referrals and drop-shipping in which manufacturers shop directly to customers
  • Managing accounts for small businesses
  • Selling health and fitness services online (facilitating home workouts, for example)
  • Selling services that cater to health-focused people with limited access to specialty meals
  • Making how-to and tutorial videos on with upsells for products or premium offerings
  • Selling companies your professional expertise such as the ability to close deals

Voogd suggests pursuing side hustles that complement your strengths and will keep you engaged rather than trying to earn money doing what you love right now. Delivering value and providing your customers confidence during the pandemic will reward you ten times over in the , according to Voogd.

Reward: Gaining Absolute Clarity: Game Changers Academy 2019 Keynote

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Dynamic Coin Offerings (DYCOs) leverage blockchain technology to add accountability to teams.

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5 min read

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Entrepreneurs and investors often struggle with finding a happy medium that balances risk, reward and accountability. The problem is, company accountability is hard to track and is often a catalyst for investments gone bad. A study by Harvard found that reported that only 11 percent of their portfolio yielded a positive return. This means nine out of 10 angel investments typically end poorly, with investors not having any control over the day-to-day operations of what a company does and how it spends its money.

Thankfully, a new model has emerged and just experienced its first successful launch. Dynamic Coin Offerings (DYCOs) leverage technology to add accountability to teams by holding raised funds in third-party management and offering up to 80 percent refunds to early contributors if the price of a company’s token drops below the initial participation price. 

The first DYCO was managed by a Prague-based company called DAO Maker that managed the crowdfunding campaign, KYC,


5 min read

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Even before the onslaught of COVID-19, the fitness industry was going through a fairly dramatic transformation. Traditional gyms full of bulky equipment and machines were losing their appeal as people began to embrace smaller, niche fitness studios,  and even virtual experiences.

While the shift may mean trouble for large brands, it is great news for independent fitness instructors who are now not only finding more freedom to work directly with clients, but also to build their own thriving, without the overhead of a corporation.

After his own experience with a , Eddie Zhang saw this firsthand. He also noticed that the options for instructors to find a good location to train clients outside of a large gym were lacking. So, in 2009, he decided to leave his role as a tax consultant at the and set out to create spaces for instructors to meet and train their clients. And come 2014, Traing Grounds Gym was born.

The model he created operates like a salon for trainers. He currently has a set of training pods that trainers rent to use


11 min read

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These days, every company is essentially a tech company. No matter the industry you’re in, developers, information technology (IT) engineers and data scientists will be some of the first roles you begin hiring for in a new startup or

A report from iCIMS found that, in 2019, it took companies an average of 66 days to fill tech roles, compared to 55 days in 2016. Competition, rising salary expectations and even constraints made the hiring process especially challenging for entrepreneurs at the start of their journeys, with great ideas but limited budgets.

While the current global climate is posing many challenges for SMBs and new enterprises, it’s actually easier right now to find and hire for tech positions. There isn’t just a bigger pool of candidates available, there’s a better pool available. Tens of millions of jobs have been affected over the past few months — Medium laid-off one-third of its people and Airbnb had to cut 25 percent of its staff. 

A wider selection of top-tier talent has suddenly become available. These five guidelines will help you secure that top talent

Join us as we chat with Kuda Biza, Co-Founder & CMO of Nunbelievable, as he discusses the challenges and opportunities of launching a food/consumer products business.

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2 min read

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Thinking of launching a food or products ? Join us for our live webinar with Kuda Biza, Co-Founder & of Nunbelievable as he discusses the challenges and opportunities of launching a food/consumer products business.  
 
Key takeaways: 

  • The importance of “testing & learning”
  • Identify your “super power”
  • Fall in love with your dream customer

Register Now

Kuda Biza is the Co-Founder & Chief Marketing Officer for Nunbelievable, a Loeb.nyc backed impact baked goods startup fighting hunger in the US. Before joining Nunbelievable, Kuda worked in various and roles at Newell Brands (: NWL) – a leading global consumer goods company with well-known brands, including Sharpie®, Crock-Pot®, and Yankee Candle®.  While there, he managed a $75M e-commerce business and also launched a meal delivery subscription business. He has also successfully built six businesses and a non-profit from scratch. Kuda