$100days

**mattnelson** · 12-16-2009 04:54 AM

$100 and 100 days. What would you do???

The $100DAYS challenge is an opportunity for all the entrepreneurial minds who wish to take part, to show what they are capable of, to make something out of just about nothing.

With very few 'solid rules', the possibilities are endless. You could create a one hit wonder or start a stream of residual income. You could take the brick and mortar route and run a lemonade stand or host a bake sale. You could become a savvy investor and make a proverbial killing on the stock market. Or, you could tap the limitless potential of the internet and run a blog, an e-commerce enterprise, or if your really hot, an online striptease.

At the end of 100 days, I will convert all the reports, updates etc etc into a resource which I will post on YE for a the entrepreneurs on a budget (so you have to agree to this to take part). It will be free.

THE RULES

$100USD of your own money, no more. You can spend less if you wish
100 Days. At the end of the 100 days, you have to give a final report. The general stuff like; a list of income/outgoings, any useful tips you can pass on, techniques you learnt and how you found the experience(as heartwarming as you want it to be)
Must be a new enterprise. Don't try and claim your five year old e-commerce juggernaut is brand new either

Preemptive FAQ (for all those questions I know i will get bombarded with.

Who can take part?
YOU!!! Seriously, any member of YE, old or new.

How do I keep everyone updated?
By using the convenient, YE User Blog. The second post will contain links to everyone who is par-taking's blog where you can read what they have to say. Ideally you will post at least once every ten days and with as much depth as possible to make the resource I will produce at the end better.

Are there prizes???
Nope, no prizes. "Why no prizes?" I hear you ask:

I have no money for prizes
I would then have to find a celebrity judge like Trump or Branson, and I appear to have misplaced their phone numbers at present
The brief is to vague to judge in my mind (vague to allow more people with different approaches to business to take part)

No prizes, where is the incentive
The incentive is to better yourself by increasing your knowledge bank, and providing a future resource for entrepreneurs on a budget.

Are the three rules the only rules?
At this stage, yes. However there are grey areas, such as outside investment. At this stage, outside investment is allowed if you can encourage, charm or con an investor. And no, your mum or best friend cannot be an investor. If you do get an investment/loan, you must list the ROI and any stakes you give away in your final report.

$100. Are you serious. WTF am I meant to do with $100?
Deadly serious. Use your creativity. Start small and work your way up. Make use of your local enviroment. Make use of your skill sets. Freeload, bootstrap or barter. Just make sure to record everything you do.

100 days? Is that all? I spend that long on the toilet some mornings.
100 days is how long we would like you to report for. You can obviously keep working on your business, or you can wind it up. The choice is up to you. The first 100 days in many ventures involves similar ideas, processes etc, that is why we went for 100 days.

If you are interested in taking part, just post in here or pm me and I will add you to the list.