Intrapreneur Magazine Issue 2, 2020

Save the environment & save money, without spending it!

Here's a thought: Imagine if you worked at a sporting venue that served drinks in a plastic cup. Let's say, 3,000 people at the event had two drinks per event. Let's assume the cost to the sporting venue, is $1 per plastic cup. One day, Sue 🙍, the bartender, suggested offering a 50c discount to every single person whom reused ♻️ their plastic cup.

 

PRIOR TO DISCOUNTED CUP PRICE

👉 Attendees, whom had two drinks each: 3,000 x 2 = 6,000

👉 Cost of cups to sporting venue ($1.00 per cup): 6,000 x $1.00 = $6,000

👉 Total cost of cups to sporting venue without discount offered: $6,000

 

AFTER DISCOUNTED CUP PRICE

👉 Total cost of cups (because everyone reused their first cup): $3,000

👉 Total cost to sporting venue of 50c discount for second cup: 3,000 x 0.50c = $1,500

👉 Total cost of cups to sporting venue WITH discount offered: $4,500

 

⚠️ TOTAL SAVING PER EVENT AT THE SPORTING VENUE: $1,500 per event.

 

Imagine if they held 10 events per year. That's a saving of $15,000 to the venue. SIMPLY by using an intrapreneurial mindset, and suggesting a small change, that didn't cost anything to the business, but actually found $15,000 in brown money, in just one year!

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Idea No. 9