Tuesday, April 7, 2009

Many spoons and a fish

I have been busy, so no deals were done. But, and this is a massive but, the spoon is now complete. Now I need to arrange for the sale, and Bob's your uncle. On the picture you will also see a fish, this is an example of the tablecloth weights that Tanya makes.

In that time since I have started the challenge I have realized that adding value is one of the main drivers behind healthy economic growth. When you take a bunch of raw materials and create something from them, you are actively adding value to the economy. Yes the value you are adding might be small, inconsequential even, but you are growing the economy far more effectively than when you buy a share and sell it for a higher price. I'm wondering what the effect will be if large numbers of people begin adding to the economy in this way.

Apart from the philosophy I found that if I want to increase your profit margin to such a degree that I can keep up with the schedule I will need to take raw materials that I can afford and transform them into a product that has more value than the mere sum of its raw parts. Initially a set like this will sell for R32, that is to the first buyer.

Now to find said buyer and make the sale.

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