YEEP

The first day of the investor-game is on. After the short presentations of their projects all the groups get to invest their initial 100 points. Will they trust their own idea and put the points on themselves? Or maybe they leave the points safe in the bank? The groups have lively debate about their strategies. The theoretical input of the day is about the canvas-model and is given by Michelle and Sophie. They explain the model with the example of the University of Hawassa and the discussions doing so shows that applying the model to their own projects will lead to more transparency and give the participants a clearer idea of their product and company. It would even be helpful to draft two or three versions of the model to have alternatives if problems should occur. After the theory the teams get to work on their own canvas-model with their Swiss coaches. In this process many new questions pop up: Fixed and variable costs are explained, the width of the range of products is analysed, as well as the different revenue possibilities and the competition concerning the costs. The lunchbreak is well deserved after two hours of intense work.

In the afternoon the participants visit Abeba Knit & Cultural Dresses Production. Wolle Abegaz Yesuf, the founder’s husband, proudly tells the story how his wife started her business with 500 Birr, nowadays employing 50 people. The group even get to have a look at the construction site of the new production facility that will room up to 600 employees. Returning back to campus the MVP-Model, presented by Luca, is applied by the teams.

Monday is also the first time the Ethiopian and Swiss students spend the evening together. After eating traditional injeras the Ethiopians show the Europeans different music from Ethiopia and the corresponding dances. Almost all Swiss try the Ethiopian shoulder dance eskista – with so much enthusiasm that they break out a sweat.

 

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