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

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!

1 min read

Opinions expressed by Entrepreneur contributors are their own.

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

Source link

Early on during the pandemic, I heard a common refrain: This time, unlike in 2008, Main Street was getting stung first and foremost—meaning consumers would initially face the brunt of the downturn.

It seems as if the fallout was less than what many had feared. Certainly the unemployment rate has risen dramatically: The figure stood around 11.1% as of June. But while some consumer-facing startups have suffered from the pandemic, consumer spending has actually shown increases. However, uncertainty looms over the rest of the year.

To dig into this, Term Sheet spoke with Rick Yang, general partner at New Enterprise Associates and head of the firm’s consumer investing practice.

Yang has made notable bets: He currently sits on the board of fintech company Plaid, which Visa announced plans to acquire for $5.3 billion, as well as MasterClass, which sells classes taught by successful and famous people. Other names include Robinhood, Lyric, and Opendoor. Most recently, Yang helped form Connect Ventures, a joint venture between NEA and Hollywood talent agency Creative Artists Agency.

We hopped on the phone to chat about what he is seeing in the consumer space and why, even though deal activity appears to be bouncing back, …

This is the web version of Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here.

Wednesday was Big Tech’s right-brain day, a day of storytelling, counterprogramming, and fending off creatively-told congressional attacks on their virtues.

Thursday was dominated by the numbers, the left-brain analysis that showed how at least three of the big four are faring in the world’s darkest times. In a word: well. Amazon, Apple, and Facebook surged in the second quarter, each for their own reasons.

Amazon’s cloud business soared, and it bore fruit from its investments in delivery, satisfying sheltered-in-place customers. Apple sold a little bit of everything, including, not that surprisingly, Mac computers. The word computer used to be in Apple’s name and for the last decade it has been a slow-growth annuity for the iPhone maker. Homebound workers need computers. Facebook proved that users and advertisers aren’t that interested in how much the company harms democracy and decency. For now.

Only Google’s numbers gave reason for pause, as advertising revenue declined. Google’s ad business is so big that it’s probably the best proxy for the economy …

This is the web version of CEO Daily. To get it delivered to your inbox, sign up here.

Good morning.

The climate crisis has been crowded out in recent months by the health crisis, the economic crisis and the racial justice crisis. (Too many crises.) But needless to say, it hasn’t gone away. Fortune assembled a group of members of its CEO Initiative yesterday, led by Dow CEO Jim Fitterling and Nestle CEO Mark Schneider, to talk about strategies for addressing the problem.

The conversation was held under Chatham House rules, so I can’t report individual comments. What was striking to me about the conversation, though, is this: Until a dozen years ago, the climate change discussion was all about government policy. Indeed, in 2008, the U.S. had two presidential candidates–Barack Obama and John McCain–who both favored a national cap on carbon emissions. Business, at least in the U.S., was then fairly new to the conversation, having only recently been organized by leaders like GE CEO Jeff Immelt and Duke Power CEO Jim Rogers, under the auspices of USCAP. “If we are not at the table, we will be on the menu,” Rogers said, giving the defensive rationale for corporate …

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

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!

5 min read

Opinions expressed by Entrepreneur contributors are their own.

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,

© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Info | Ad Choices 
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html.
S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.

Source link