Now that the World Cup is coming to an end, let me share to you how a friend of mine earned P50,000 a night just by making loom bands. He and his girlfriend just had an idea to make loom bands whose colors are based on the colors of the flags of the nations that are competing at the soccer tournament. They made the loom bands really nicely and sturdy and went to places in Makati and Malate where expats hang out in the wee hours of the evening to watch the games. They sold the loom bands for one-thousand pesos each. It was a jackpot selling these loom bands to these foreigners because most of them come to these bars with their Filipina girlfriends in tow. So they already score a jackpot by selling two loom bands to two persons in one sitting. Add to these that most of these guys are drunk and fanatics and would buy almost anything you shove at them that is connected to their favorite team. They were able to sell 50 loom bands a night which gave them a take of P50K each evening they hang out almost sleepless. And that with just an investment of P800 per one big bag of assorted rubber bands! Talk about being an entrepreneur! And this guy did not even took up a Marketing course in college! His background is he is just a musician/cameraman! Now that the World Cup is coming to an end, Id like to share this story to inspire others out there that doing business does not entail you to have a cum laude or a diploma from a big university. You just have to start small and dream big and know how to make good use of a situation to your advantage. He is starting his new batches of loom bands for the July 13 games. I know he wont be able to go to all the bars in Metro Manila to sell his works so I am sharing this to you so that you can earn a little money with the last game in Brazil. After the World Cup, he is already eyeing two sporting events to sell his wares. As they say in our native tongue, Una-unahan lang yan! Kanya-kanyang diskarte lang yan! Whats yours?
Posted on: Sat, 12 Jul 2014 14:39:58 +0000