Global Entrepreneurship

Well first of all, I haven't written lately not because things have been slow but rather because it has been non-stop for the past couple of weeks. Seems like every week we either have a test, a paper or some project that is due. For example we have a 3-5 page paper that is due this Friday, two projects that are due next Wednesday then our final exam in Financial Accounting next Friday (which nobody is looking forward to). Then on top of that for me, the foreign exchange student that we are hosting is flying in Friday morning so I'm sure that will keep me busy this weekend.

So yesterday we starting an interesting class called Global Entrepreneurship. It is a little bit different so far but quite fun. We don't have an exam in the class but rather we have to come up with a business plan and the winning plan will get $500. And of course we are encouraged to actually implement our plan which makes it all that much more interesting. And on the first day of class our instructor divided us into groups of four and gave each group a lottery ticket. The drawing is tonight and if we win we'll have to split it a few different ways so we'd "only" end up with around $10 million before taxes. I think I could live with that :)

Today in class we started out by playing a game. Our instructor took out some money and placed one denomination on each tier of tables. It went from $5 at the lowest tier, then $10, $20, $50 and $100 at the top. He then placed a coffee can on a table at the front of the room. Three teams were chosen (from the teams we we placed in yesterday) and each team member was given a quarter. The object of the game was then that each team member would stand at the tier which held the amount of money he/she wanted to win. If they could throw the quarter in the coffee can from that level they could keep the money (or maybe had to split it with their team, I'm not sure on that one). So all you had to do was determine how much money you wanted and weigh that against how good you thought you were at beer pong (to put it in terms everyone can understand....lol).

It was actually pretty fun. I didn't get pictures of everyone but here are a few. Jason and Somil tried for $50 and $20 respectively but both missed.





Stephanie tried from the $10 level but even with standing on the table she still missed :)



But the best one was probably John. Standing at somewhere around 6'10 tall he simply stood at the lowest tier, reached over and dropped his quarter in the can.




In the end I think somewhere around $30-40 was won; looking forward to seeing what happens next time. But for now, back to Financial Accounting and Decision Analysis :(