Step 3: Monetizing the Unknown
Step 3: Monetizing the Unknown
By now, you've identified your hobby's hidden gems. Time to sell them as novelty items to hipsters and art critics.
Here's a list of your unknown gems with estimated market value:
- Unicycling while juggling chainsaws (Estimated value: $10,000)
- Extreme ironing on top of a moving train (Estimated value: $5,000)
- Collecting antique door knobs (Estimated value: $2,000)
Now, consider the following business opportunities:
Step 4: Packaging and Marketing
Step 5: Creating a Brand Identity