Last October, I received an email from a college roommate of mine, Jason, asking if I was interested in a little “friendly competition”. His idea? We compete to see who can make the most money by starting a side business. I’ve been toying with the idea of starting a side business for a while, so naturally I was hooked. I accepted immediately.
Another one of my college roommates, Ichabod(name changed to protect anonymity at request of roommate) joined us so we were up to three. We each ponied up $100 to put into the reward pot and discussed what the reward should be. The leading idea so far is a $300 bottle of scotch which, given my love of scotch, sounds great to me. As I usually buy scotch in the $50-$60 range (the one in the picture was a gift), I’m excited to taste a $300 bottle!
The contest officially started on January 1st, 2014 and runs until December 31st, 2014. Yes, I’m a little late in announcing the competition, but I couldn’t quite settle on what I wanted to pursue until now. Look for future posts to explain what I’ll be doing and how it’s going.
No, I don’t really know if I’ll win. Actually, if we each have a positive net profit after the year is over, I’d consider us all winners. Of course, the biggest winner still deserves a prize ;-). Jason and Ichabod, consider yourself warned. I’m coming for that bottle. *evil grin*
Now, we haven’t actually settled on the reward. We could still change it up for that awesome, really cool prize that we haven’t thought of yet. Help us out! Let me know your best idea of a suitable prize for our competition. Let’s hear it in the comments below!