I wanted to share an incident during our recent ‘India Visit’
It was a pleasant, breezy evening in the “Marina Beach” (world’s second longest beach) with the family. Several colorful kites were flying and fighting for air space.. and my daughter wanted to get one… Immediately I approached the boy who was selling kites (for those who are unfamiliar to chennai (India), it is a common sight to see little kids (age 7 – 11) selling stuff in the beach)
He was very pleasant and informed us that his boss has increased the kite price that evening.. (due to favorable weather conditions!)
As i was discussing with the kite seller, the little boss appeared (little more than 3 ft tall) with confidence brimming on his face. Told me that he wants be a ‘business man’ in future..
He said he cannot reduce the price of kite, but offered balloon(s) as a discounted rate.. (and even gave it to my younger daughter to DEMO!)
Few things I learnt from this budding business man (boy!)
1. Business sense
2. Pricing your commodity
3. Clear communication to the team
4. Upselling
The young boy is one of 300 million kids in India with a positive outlook.. Kudos to the true entrepreneurship, democracy and free market!
