Last year during Ramadhan, I met my little cousins and we break fast together. And it was interesting that they were playing "restaurant" after Sungkai. I observed how they behaved (often to just come up with a new idea to write about but later forgotten till now.): customer comes in, orders a food, pays the meal, and leave. A simple business Restaurant process until I asked the little restaurant manager, "How much are you making?". He guessed and claimed to have made, " $1000!!". Very cute when I tried to run the numbers on my laptop's excel program. The only way to reach such number during Sungkai time, i.e. 6pm till 12am (yes, they do this every night and it was fun to watch), is that the meal must be priced at $25 each for 4 customers and do 10 rounds to achieve the target profit. Now I don't wanna spoil their fun with realistic numbers and with better management, marketing and all those business jargons. So it made me wonder, how do parents or anyone talk to their children about money?
Read more »