Following the success of the ‘Big Sales Challenge’, Manchester Entrepreneurs (ME) is launching yet another skills-based competition, the ‘£10 Challenge’ in early March.
Competing between teams of no more than 5 people, the idea is to make as much profit as possible over the span of 48 hours, with a start-up of only £10 you can keep buying and selling to make as much profit possible.naturally, the decision-making on capital investment is the core challenge of this activity, but effective marketing is also crucial in order to succeed. That the challenge allows full flexibility from product choice to delivery will spark students’ business senses while pushing them to think creatively while working under a highly limited timeframe and resources. This is a chance of polishing salesmanship skills in the form of a fully hands-on experience.
In our last challenge, the winning team walked away with £235 in cash– as per ME tradition, we’re offering 50% of the total profit made from this event as the prize for the winning team, while the team with the most innovative business idea will be treated to a pub meal at Revolution.
The event will take place 6-8th of March, 2012. Don’t miss out on your chance to engage in a worthy challenge and show-off your inner entrepreneur, because who knows who the next Jay-Z might be?!
Further information will be posted during the week on the Manchester Entrepreneurs group FB page at: http://www.facebook.com/groups/manchesterentrepreneurs/
