This
week I received a nice challenge from my teacher from BYU Idaho, this challenge
is called U$ 100,00 challenge project! Here are some instructions about this
project:
“In preparation for starting your
$100.00 Challenge Project, you will choose a Kiva borrower that you would like
to support. This project is a unique opportunity for you to experience
entrepreneurship. It will give you the opportunity to apply what you are
learning in this class and to get a taste of what being a small-scale
entrepreneur is like. Being a successful entrepreneur means being creative and
resourceful. This project will require both creativity and resourcefulness. By
donating your profits to Kiva, this project will also give you experience as a
social entrepreneur.”
Another important characteristic of this project is that you cannot
start with more than U$ 20,00! Yes, twenty dollars!
It could be a simple project as sell some candies or “just a lemonade table”
but I have a big project that I am afraid to start, so I saw in this project
(U$ 100,00 challenge project) a great opportunity to start in small scale, to
test and evaluate if it will be profitable or not, if there will be interested people
to make these procedures and so on.
The project consists in sell anti-aging aesthetic services. Let me tell you, how this idea started. My
wife is pharmacist, and she took specialization in anti-aging cosmetology
formulation. She realized that the anti-aging cosmetics are expensive and the
cost of production is about 20%, and just using the anti-aging cosmetics is not
enough to have great results. To improve the cosmetics results we need some
treatments together, such as facial peeling, dermal-needling, among others. Our
project consists in provide services, to maximize the effects of the cosmetics,
that will be prescribed by her and that the client will buy in a pharmacy.
In the future, she will have the cosmetics with her own brand and
formulation, but so far we will provide just the services because we have just
U$ 20,00 to expend! Next weeks I will describing here in this blog how the
things are going, our progress, fails, profits and losses. I hope you enjoy! Any
questions, suggestions or comments please let me know.
I´ll see you soon!
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