Red Paperclip

In: Uncategorized

13 Apr 2011


Twenty students of RSM’s MScBA Entrepreneurship are engaged in a so-called Bootstrapping Elective. One of them came to see me the other day, carrying a red paperclip which he offered to trade for something else. His goal, he explained, was to “use this experiment as a means to meet interesting individuals from national and international politics, entertainment, business and other people of interest”. The idea is appealing: start with a red paperclip and keep trading it until you possess something of real value. I traded the paperclip for an Erasmus bookmark and a promise to receive a full report of the experiment once it’s completed.

1 Response to Red Paperclip

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Iulian

April 14th, 2011 at 01:58

This comes from the actual story of a man who kept trading up starting from a red paper clip, until he got … param-pam-pam … A HOUSE! That’s a great example for Bootstrapping.

http://en.wikipedia.org/wiki/One_red_paperclip

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Erasmus Universiteit Rotterdam

Pauline van der Meer Mohr is president of the Executive Board and is responsible for general administrative matters, such as the relationship with the Board of Trustees and the University Council. She focuses on the strategic policy, international affairs and external contacts, including the Rotterdam region, industry and other knowledge institutions.

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