Week 10: Hybrids and Social Business
Week 10... this is the point where I start to get burned out in the semester, but that doesn't mean that I wasn't interested in this weeks subject! I really enjoyed learning about hybrid businesses. Hybrid business are a combination of for profit and non-profit business models. There's way more to that but, honestly I don't want to write it all down here.
Let's talk about my favorite part of this week. I LOVED coming up with my own hybrid business. It was by far the most fun thing. Here's a logo I made for my business:
It was fun to make, and I love the idea of being able to promote both reading and parent-child interactions. I think part of the reason why literacy rates are dropping is that parent are tired and don't put in the same amount of effort to interact with their kids, and I would love to have a business that helps fix that. Sometimes people need a little extra motivation.
Hybrid businesses are so successful because they can have multiple revenue streams and also have more flexibility than other business models do.

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