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The Business Awards Night

Posted at 1:09 PM, Friday, August 18, 2006

Lately I've been thinking about last year, and I realised that I had completely forgotten to write about profits each business group made. Actually I was waiting for some pictures before I could post this entry, anyway now that everything is ready....... let the entry be written......

Everything about profits was disclosed on the SBE Business Awards Night, before then we were kept in semi-darkness, haha (The Grill most of all didn't want anyone finding out their financial figures, seemed somewhat funny to me, afterall it's not a top-secret thing like they wanted to make it look like)....anywho, the awards night was held during the exams. Some of us thought that we would be wasting precious minutes if we did attend which we could sepnd reading for an exam. Almost everyone had an exam the following day, but we all decided to attend the business awards night anyway mostly cos we wanted to find out who "won" and who "lost" (I'd like to say here that who lost was, ahem, quiet obivous). It all went very nicely I'd say, there were snacks and a speech by Dr. Husseini..... all of the groups were commended for their hard work.....more to the point, Master Minds had the highest profit (about 120000 naira, can't recall the exact figure), no surprises there. The Grill had the second highest profit (about 110000 naira, just 10000 short of the Master Minds). Third in line was Manioc with about 60000 naira profit and last but not the least, Maravilla. We had a loss of about 240000 naira, how sad. You might wonder how that happened, I guess it was the horrible planning we did for the whole project. I mean we thought we had a functioning bakery ready for us as was told by our president Malachi. We spent quiet a lot of money renovating it only to find out later that it was in such a bad state that we would need a whole lot of time and money to make it ready for production. We had to find another bakery real fast and that's when Maryam helped us. She talked to her uncle who allowed us to use his bakery (Alkama Bakery) for baking our bread.  Malachi decided to step down and Maryam was made new president. It was really hard work making up for the money we'd lost so far. We managed to get back about 300,000 naira in 3 weeks (Amazing!). We made money faster than any other group, and I guess this bread-baking business does bring in money. But unfortunately we didn't have enough time to make a profit. Did feel sad, but I know that God's way is the best. If there is anything I can say about Maravilla, it's the fact that our company was more of a company than any other group. We had all these official documents, procedures, and almost all members participated in the business. From what I know, not all members in other groups participated in their businesses. I was thankful to God that though we didn't make a profit, we did manage to run a business successfully.

Anyway, back to the awards night...... like I said, it was a nice sort of place to be in the middle of exams week. I was happy to see Malachy being cheered, and Maravilla being commended for it's hard work. In short, all the groups did great, but even with the good work, there were some troubles present. Anyway, on the whole, felt great to know that we didn't waste our time on the Maravilla project (thank God it's over though, haha).

 

Sorry the pics are a bit small and the resolution's kind of bad ....

 

Dr Hosseini's speech was very encouraging, we will definitely miss him, especially during the registration. He did help a lot with the registration process last year, we certainly coudn't have done much without him. He supervised us and helped us understand the whole process. Dr. Rosa (Dr. Hosseini's wife) is one of the sweetest persons you can meet. She was Admin. Assistant to the President. She also left with Dr. Hosseini, I will miss her a whole lot. Here's wishing Dr. Hosseini & Dr. Rosa all the best, and God bless them.

 

Dr. Rosa                            &                 Dr. Ahmad

 

PS - Hmmm, I've wriiten this entry super late, guess I was too busy enjoying the holidays, haha.............anyway, the next entries won't be so late cos I have registration, orientation, admissions, end-of-holidays, and classes to write about next week. Hopefully if i don't forget I'll stick to my schedule for each of these entries. Hmmmmmm, just feel like thanking God for everything, most especially for His love....."Thank you Jesus for loving me, and everyone else".

 


Award Night

Posted by Remi at 1:13 PM, Friday, October 23, 2009

Most of the time, not meeting expectation is a great lesson one can have. One will re-tool deficiencies, as your group did under pressure, and hope for the best. This time your group's best was not the best to come on-top of other groups.

You are ready for the next month start of school year. Great! As you always bank on your believe in God, you need not fret of the work load. Knowing your work ethic, you will be fine. I will like buy your school's baseball cap and sweatshirt. I saw the cap on one of your student on the school site and on the pic of the Prof. you posted. List the price and postage.

Maravilla Gone! Thank God

Posted by Omorx at 1:14 PM, Friday, October 23, 2009

I am so happy that the business is gone. It is really sad to now that the business could not break even after all the hardwork. If not for the experience gained, I would have siad it was a total failure and would have regreted having spent the whole semester for the business alone. Well I think I now know how a company operates because Maravilla was a manufacturing as well as a distributing company.

Omorx
former VP Production and Logistics


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