Tuesday, July 13, 2010

earning a 100 (ex1)





Earning Rs 100

Spending is so easy but earning a bit is much more difficult that was what i realized from our first exercise where we had to make a hundred rupees in a day. Also along with that coming up with a innovative idea to earn was a bit challenging. As a group we came up with a number of ideas for a fast earning as having a performance on the streets, car washing, providing other household services, hair braiding, nail art, selling juice and many others..

With so many ideas to work on we finally settled on the one with selling. to make it more interesting we thought of attaching tags having some funky punches to attract the crowd and titled it "gift a juice today".

Our initial investment was 200 Rs and our first target was earning 500 Rs in 4 of us.However the stall worked well and we could cross 500 and we made a profit 110 rs per head.

It was a very good experience and a lot of fun too executing the entire stall.

The way a person thinks and go abouts the process to earn fast money was well understood. If the idea of business is good even a small Business can make a lot of money. Wat we did was mainly role play that is being in someone else's shoes and having first hand experience of the situation.





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