Starting the same business as the neighbours

Our second day of training the trainers hosted by SAHI, started with a review of the main lessons learned the day before: participants turned these lessons into a problem/solution game and tried it on their colleagues. We introduced an example of story and used it to practise how to keep books – with an added difficulty: how to fully separate personal and business accounts and why it really matters. In the afternoon, participants experienced the issue of starting the same business as the neighbours (a very common issue) and how money just goes from one neighbour to the other without creating any additional income at the level of the community. Besides, if these small businesses start with a microcredit, there is actually a negative outflow from the community when interest is paid, thus impoverishing it. Participants reflected on business ideas that create value, price segmentation and why business location matters.

Leave a Reply

Your email address will not be published. Required fields are marked *

nine − one =