Experimenting
Posted on : 14-04-2006 | By : RohailR | In : Entrepreneurship
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I think one of the biggest parts of entrepreneurship is experimenting. It doesn’t even have to be something big…just something that will be enough to learn something from. For example, a blogging friend of mine ran a bottled water experiment where he bought cases of Dasani bottled water, got a cooler, gathered some bums to help him out (paid them of course), and sold cold water at roadway intersections for a $1 each. He ended up making a profit of $5.43. Not an incredible amount but he learned several things: He should work alone, buy cheaper water, buy less ice, and buy more water.
So considering this, I want to set up a few experiments for myself. Something crazy and remarkable like what my friend did. So I’m asking you, faithful blog readers, for any suggestions as to any crazy entrepreneurial experiments you can think of. Comments?
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You may want to try experimenting with a theory of 80:20… just a thought and apply it to an idea
Theory of 80/20 as in 20 percent of my customers are 80 percent of my business? Yes, I’d definitely try to integrate that into my experiment. I suppose I’d have to come up with someway to get repeat customers. I just need a crazy entrepreneurial idea to try that on though. I don’t want to do the bottled water thing again as I want it to be somewhat original.
It’s true that most of the “crazy” internet ides turn out to be the successful ones. People out there are wanting to back individuals who are trying to break away from the norm, and so I think if you can find a novel idea, you could be onto a winner for life, let alone for a trial experiment. I would love to swap links. I have added a link to your site, and I hope you can do the same, please email to tell me what you would like your link to say.
Thanks, and good luck for the future,
Adnan
Hey, thanks for the compliment. I’ve added your site to my aggregator, perhaps we might trade links at a later date.
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