At the Park

Yesterday we finally started our bazaar.

I'm referring to the Ka-entrep Entrepville eXchange at the Quezon Memorial Circle.  RC and the rest of the gang have been wanting this so long and it's finally here.  It started over a year ago when we began looking for venues for our bazaar.  Finally, the QC Parks Authority gave us slots.

Now the real work begins.  You see we were alloted exclusive rights to a certain area if we could come up with 40 paying tenants.  So far of the over 20 that pledged to join, only 12 appeared as of today.  We still need 30 participants to complete the Entrepville (Anybody interested call Joy at 4961349).

What am I doing at a bazaar?  Aside from helping the organization out, it's a chance for me to get to meet potential clients and expose myself to the opinions of the market.  While I hope I can sell enough to make a decent profit, I am more interested in return sales.

I heard it said that a bazaar is an incubator for startups.  If that is true then it would be a good place to make a market study.  Of course that depends on the market you will get.  The main question here is if it is the market you want to capture.  To answer that, you have to know where you want to take your products or services.  To do that, you first have to start with knowing what you are selling and what you are in business for.

It still boils down to good business planning.