BUSINESS IDEA FOR GROWING WATER MELONS

 

Introduction

The goal of this business plan is to grow and market watermelons. The concept is based on harvesting 12,000 watermelons each quarter, or 48,000 watermelons year. The potential revenue is expected to be USD 7,200 every quarter, or USD 28,800 annually. The company has a strong market demand all year long and may employ both ladies and young people. The project will cost around $2080.

Production process

To create the ideal environment for watermelons—a light, sandy, fertile loam soil that is well drained yet holds moisture—add a lot of organic matter to the soil. Watermelons should be planted whenever the soil and air temperatures have reached 65 degrees Fahrenheit, usually two to three weeks after the last rain. If your growing season is long enough for the plants to mature, direct sowing is preferable. Dig a hole two feet in diameter and one foot deep for each plant, fill it with bone meal and at least one or two trowels of compost or well-cured manure. Plant transplants that have been hardened off at the same depth at which they were growing in their pots. In hills, scatter seeds one inch deep. Plants should be spaced apart widely. To keep moisture in, spread a thick layer of organic mulch, Remove all protective coverings as soon as flowers begin to bloom to allow bees and other insects to pollinate the plants. Start fertilizing every three weeks with compost tea, and the produce should be ready for picking 35 days later.

Market Analysis

Fruits like watermelons are in high demand nationwide, but especially in urban areas. Hotels, supermarkets, canteens, fruit vendors, market vendors, and other establishments can all receive watermelons. There are so many financiers in this industry, dispersed all throughout the nation.

Capital Investment Requirements in US $

Item	Unit	Qty	Unit cost	Total
Wheel barrows	No	2	25	50
Hand tools	No	1	50	50
Total cost of machinery				100

 

Production and operation costs in US$ Direct Materials, Supplies and Costs

Cost item	units	Unit cost	Qty/ quarter	Prod cost/ quarter	Prod. Cost/year
water melon seeds (250 seeds)	No	0.02	12,000	210	840
Poles	No	0.3	2,200	550	550
Chemicals	kgs	15	3	45	45
Mulches	bundles	0.25	100	25	100
Sub-total				830	1,535

 

General costs (Overheads)	Prod. Cost/ month	Prod. Cost/ year
(Utilities (water)	15	180
wages	20	240
Depreciation (Assets write off) Expenses	2	25
Sub total	37	445
Total operating cost	867	1,980

 

Project Product Cost and Price Structure in US$

Item	Qty /yr	Unit cost	Prod./yr	Unit price	Total revenue
Water melon	48,000	0.55	26,400	0.6	28,800

 

Profitability Analysis In US $

Profitability item	per Quarter	per year
Revenue
Water melons	7,200	28,800
Less Production & Operating Costs	867	1,980
Profit	6,333	26,820

 

Source of Supply of Equipment and Raw materials

All Raw materials and equipment can be obtained from the local market country wide.

Government Incentives

Government has scrapped taxes on Agricultural inputs to boost the agricultural sector

Jack Ma

 

Jack Ma, also known as Ma Yun, is a Chinese entrepreneur and philanthropist, best known as the founder and former executive chairman of Alibaba Group, one of the world's largest e-commerce companies.

 

Ma was born in Hangzhou, China in 1964. He grew up in a poor family and struggled academically, failing his college entrance exams twice before finally being accepted to Hangzhou Normal University, where he studied English.

 

After graduation, Ma applied for dozens of jobs, but was rejected by all of them, including KFC, which had just opened its first restaurant in China. He eventually found work as an English teacher, earning a meager salary of $12 per month.

 

In 1995, Ma traveled to the United States, where he first encountered the internet. He became fascinated by its potential and saw an opportunity to bring e-commerce to China. Upon returning to China, Ma founded Alibaba in his apartment with a small team of friends.

 

The company initially struggled, but through hard work, perseverance, and a focus on customer service, it eventually became one of the world's largest e-commerce platforms, with over 800 million active users and a market capitalization of over $500 billion.

 

Ma stepped down as executive chairman of Alibaba in 2019 to focus on philanthropy and education. He has since launched the Jack Ma Foundation, which focuses on education, entrepreneurship, rural areas development, and environmental protection.

 

Overall, Jack Ma's life story is one of perseverance, hard work, and a willingness to take risks and pursue his dreams. Despite facing numerous challenges and setbacks, he never gave up and ultimately achieved great success, not only in business but also in philanthropy and social impact.

Think and Grow Rich

 

 

"Think and Grow Rich" is a self-help book by Napoleon Hill, first published in 1937. The book is based on interviews with successful individuals of the time, including Thomas Edison, Henry Ford, and Andrew Carnegie, and outlines the steps and principles for achieving success and wealth.

 

The book is divided into 13 chapters, each focused on a different principle, including desire, faith, persistence, and the mastermind. Through anecdotes and examples, Hill emphasizes the importance of having a burning desire to achieve one's goals, maintaining unwavering faith in oneself and one's abilities, and persisting through adversity and setbacks.

 

Hill also stresses the importance of developing a mastermind group, a network of like-minded individuals who can provide support, guidance, and inspiration. He also discusses the power of visualization, positive thinking, and creating a definite plan of action to achieve one's goals.

 

Throughout the book, Hill emphasizes that success and wealth are achievable by anyone who is willing to work hard, maintain a positive attitude, and follow the principles outlined in the book.

 

Overall, "Think and Grow Rich" is a timeless classic that has inspired millions of readers to achieve their goals and become successful in their personal and professional lives. The book provides practical advice and strategies for achieving success, and emphasizes the importance of developing a positive mindset and taking action towards one's goals.

The Pursuit of Happyness

"The Pursuit of Happyness" is a 2006 biographical drama film based on the true story of Chris Gardner, a struggling salesman who becomes homeless with his young son while trying to pursue a career as a stockbroker. The film stars Will Smith as Gardner and his real-life son, Jaden Smith, as his son Christopher.

 

Gardner invests heavily in a product he believes in, but it doesn't sell as well as he'd hoped, leaving him and his family in financial ruin. His wife leaves him, and he is forced to raise his son on his own while trying to make ends meet. Gardner takes an unpaid internship at a brokerage firm, which leads to a promising job opportunity, but the internship doesn't pay, and he struggles to afford basic necessities like food and shelter.

 

Despite these challenges, Gardner perseveres, working hard to impress his bosses and provide for his son. He faces numerous setbacks and obstacles, including being arrested for unpaid parking tickets and losing his apartment, but he never gives up on his dream of becoming a successful stockbroker.

 

In the end, Gardner's hard work and determination pay off, and he lands a permanent job at the brokerage firm. The film ends with a triumphant scene of Gardner walking down the street in a suit, carrying a briefcase, with his son by his side.

 

Overall, "The Pursuit of Happyness" is a moving and inspiring story of one man's journey to overcome adversity and achieve his dreams, despite the many obstacles in his path. 

FIVE HABITS TO GET MORE DONE IN LESS TIME

 

Give yourself a deadline

Parkinson’s Law says work expands to fill the time allocated to it.

If you want something done fast set a short deadline

 

Remove distractions

The average worker is distracted every 13 min, and it takes 15min to refocus. That is why its so hard to get things done

 

Batch your task

Rather than doing the same thins randomly throughout the day, batch them into groups. You will finish day in half the time

 

Use the 80/20 rule

The 80/20 rule states that 80% of outcome come from 20% of inputs. Figure out the 20%, do more of it and ignore the rest

 

Stop before you are tired

Once your most important tasks are done for the day, give yourself permission to stop

Working until your brain hurts is not smart, or sustainable