What are the possibilities with $5 and 2 hours? What are YOUR possibilities?

Posted on December 4, 2009

4


Marelisa at Abundance Blog has a fantastic post about a Stanford professor, who challenged her business school students to raise as much money as possible with $5 in ‘seed money’ and 2 hours of time.  All groups were to prepare a one page Power Point slide and a 3 minute talk to share their findings with the class.

What could you do?

Hint!  The most successful groups ignored the apparent limitation posed by the $5 – and didn’t use the seed money at all

Hint!  The top group ignored the apparent limitations posed by the $5 and the 2 hours – and focused on the value of the 3 min. presentation

Amazing results followed.

The post and the video of Professor Seelig’s wrap-up are worth a quick look: go check them out here.

Questions for you:

  • Are you letting the obstacles or limitations sitting right in front of your nose get in the way of seeing the possibilities just beyond?
  • Can you look at a current problem in a different way – sideways, upside down, from the perspective of an entrepreneur or a business person or an artist or a tiger tamer – and come up with a completely different approach?
  • If the limitations that get in the way of finding or pursuing your calling were eliminated – what could you do?  What’s stopping you?  Is it REALLY stopping you??
  • What opportunities are out there that you’re ignoring?
  • What ASSUMPTIONS are you making about your situation?

Consider taking one step:  Identify your blocks or obstacles – and then, ask yourself, are they really preventing me from doing what I need to do?

Are you spending a lot of time planning your NEXT GREAT THING?  Stop planning!  Get out there and experiment! Try it – a little bit at a time.  One of the best lessons from the class (for me) was that one group learned during the 2 hour period, while they were executing their plan – and their iterative learning netted them more money than simply following their original plan.  But this could only happen while DOING – could not have been predicted while planning.  So – TRY!  DO!  EXPERIMENT!  What’s the worst that could happen?

And please share your comments and feedback – I’d love to hear them!

As always, if you liked this post, please consider sharing with a friend:

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

Advertisements
Posted in: Around the web