One Million Challenge

On the 16^th of October 2016, the exco of entrepreneurship of Kolej Sakura organized ‘One Million Challenge’. This event is designed based off the popular board game, ‘Monopoly’, in which the participants are required to raise more than RM1 million within three hours.

At 8.00 a.m., all participants gathered at the seminar room for a short briefing. The MC explained the rules of the game, in which the participants are given a few ‘job’ options which could help them raise the money they need. In addition to that, they are also required to buy a house and a car before the time limit is over. There will be three banks within the college area where the participants could withdraw and claim the money they earn, however, one bank could only accept ten teams at a time.

The game finally began at 8.30 a.m. and it lasts until 11.30 a.m. The participants are reminded to be careful of the loan sharks who would offer them unconditional loan, but they would confiscate their belongings without notice.  One way to protect the participants from the loan sharks is to apply for insurance at one of the three banks.

At 12.00 p.m., a brief closing ceremony is held at the seminar room. Cik Ain, the college’s principal, gave a short speech, congratulating the participants and the event organizers for a job well done. She also emphasized the importance of saving up for the future, and encouraged the students to involve themselves in entrepreneurship. After she officiated the closing ceremony, the prize-giving ceremony began. The third place winner managed to collect RM7 million, the second place winner managed to collect RM8 million, and the first place winner collected RM9 million. Prizes were in a form of hampers.

A token of appreciation was given to the principal, and the president of the college’s student council. After a group photo with the participants, the event officially came to a close at 12.30 p.m.

Prepared by,

Imelia Kyra binti Mohamad Iskandar.