The beggining of the $100 challenge

 From the 5 proposals that I submitted, the first proposal is the one that I will do as $100 challenge:

1^st proposal:

Selling second-hand items on OLX. OLX is a Portuguese site where we can sell second-hand items.

I think this business is able to meet the requisites of the $ 100 challenge because many people do not want or do not afford to spend the amount of money required for a new item. They do not mind to get a second hand item by a much lower cost. For those who have used items in good conditions and wants to eliminate them and earn some money, this is a good option. The estimated cost to start this business: $0.  This the proposal that I choose.

To start this project I have started shooting some schoolbooks of my son, who went to mission, and put on OLX so they can be seen by potential buyers.

I enjoy reading the book”Purple Cow, Transform Your Business by Being Remarkable” by Seth Godin :

Godin defines a Purple Cow as anything phenomenal, counterintuitive, exciting . . . remarkable. The purple cow is the kind of product, and so the product can stand, it has to be exceptional, particularly spectacular and unique. The fact that it is purple is because it is remarkable, worth’s talking about it.

Advertising campaigns in the media are no longer viable but develop an extraordinary product that promotes itself and makes people speak about it is.

B 283 second lesson impressions

One of these themes talk about wisdom. because it is a word that always impressed me and I always wanted to use wisdom in my life I had an interest in knowing more about this article.

Josh Kaufman in his blog ( https://joshkaufman.net/essays/)

 shares his impressions about the primary qualities of wisdom :

1. Understanding

"Understanding requires learning as much as you can about the world, cultivating curiosity about how things work, considering novel information, expanding your worldview, updating your mental models whenever you have new information, and noticing when you’re wrong, surprised, or confused so you can change your mind and use the information in the future."
2. Prudence

"Acting in ways that are likely to produce the best possible outcomes for everyone involved. It’s usually prudent to look out for the best interests of everyone, not just yourself."

3. Discernment

"Discernment requires deciding what you want to do and why, looking for subtle clues to determine what’s best and avoid false trails, paying close attention to avoid being mislead or deceived, and being cautious and self-aware when you want very much for something to be true or false."

4. Foresight

"Foresight requires taking the time to think through likely future events, acting in ways that prevent problems from happening in the first place, and making investments and decisions in the present to make the future better in some specific way."

5. Control

"Acting in ways that will lead to more of what you want, less of what you don’t want, and avoid major unrecoverable errors. Many a person – even the most “successful” people for various definitions of the term – has been brought low by failing to control their emotions and actions, or failing to act when action was necessary. Inhibiting and tempering hubris, arrogance, anger, and despair is necessary if you want to make good decisions. Even then, you don’t want to be too controlled, and overlook the value of flexibility, intuition, and fun."

6. Flexibility

"Avoiding being tied to a single, permanent, static way of thinking and acting. Many things are possible if you’re willing to consider all of the possible paths and change your strategy. Rigidity is fragile, and it’s easy to over-constrain your options in a way that forces poor decisions. On the other hand, you don’t want to be too flexible – compromising on something critical doesn’t help anyone."

7. Persistence

"Moving toward the future you want and overcoming errors and setbacks. Everyone wants to have great results, but few are willing to put in the effort necessary to get them. The most important and valuable things in life require effort, and it’s easy to give up too early. Almost everyone who achieves or builds something important or valuable puts in years, often decades, of focused energy and attention.
... As long as Discernment says the goal is still worth pursuing, the wise person keeps going."

No doubt that this is a blog to take into account during this semester noT only because of this article but also because the others presented topics.

Right know I am pondering what type of business Am I going to choose to meet the  $100.00 challenge.

It is Kind of hard, because this is completely new to me and I do not know exactly what can I do.