-3 things that I have learnt from the EE Camp.
1) I learnt that to start a business, you need to know the trend in the market and the 4Ps (Price, Product, Promotion and Place) as this is important in order for you to make profits and at the same time, know your customer's needs.
1) It was from the Carousell talk, at a young age (around 20 to 22 years), they had already started up a lucrative business. Sui Rui sacrificed his masters degree and Marcus sacrificed his job at Oracle. The experience shared by them left me a deep impression of business. In life, you have to make sacrifices for the things you want to achieve.
The lesson that I can apply towards the upcoming IE Bazaar would be that in business, there are a lot of factors to consider and we have to take risks, although the risks may be high, if we have a dream, we should just go for it! Apart from that, for the upcoming IE Bazaar, I will plan the costs and market the item or service that we are going to sell. Marketing is important as you will be able to attract customers and gain more profits.