Discussion on the history of entrepreneurship between Fred and George twins in "Harry Potter"

Vicky 2022-03-22 09:01:06

Let me analyze the abilities of the twins in all aspects of the entrepreneurial and business process:

1. Raising funds The twins had a clear goal of opening a joke shop when they were at least sixteen. But they face two major problems: no money and opposition from their parents (mainly mothers). Regarding the issue of starting funds, the twins boldly used all their savings to buy "Quidditch lottery tickets" from Ludo Bagman (actually, it is gambling, but the director said that gambling cannot be mentioned. It will teach the small audience. , And made a very bold bet. Even the Director of the Sports Department Bagman did not expect that he gave them high odds. The twins won the bet with great luck, but they must have taken the game seriously. (Reemphasis: Lottery is a very uncertain act of shooting luck. Underage audiences should not be obsessed with it). Unfortunately for the twins, they did not expect that an official such as Bagman would openly play tricks, and first paid for the twins. The fake Kanon of the dwarf refusing to pay the bonus on the basis of the party’s underage and the invalidity of the purchase of the lottery ticket as a defense, and finally refused to pay the principal. Fortunately, the character and research and development capabilities of the twins have won the gold master who regards money as a symbol Harry confirmed that Harry gave them 1,000 gallons of angel investment (but Harry thought it was a gift, and the twins thought it was a private loan).

2. Product R&D The twins’ R&D capabilities are also very strong. The two of them started to develop products at least as early as 14 years old, because when Harry went to the bad game for the first time in the second Harry Potter and the Chamber of Secrets, there was a slight explosion in their room. At the age of 16, it took another six months to make fat tongue toffee. You know, research and development is not an easy task. Urquhart Rahalo has the right to hang the portrait in the ward of St. Mungo Hospital because he invented the bowel curse; Dharma, a student of Slughorn Chris Bellby was awarded the Merlin Medal for inventing the wolf poison potion, and Luna's mother died because of an experimental accident. The products they have developed include fat tongue toffee, fake magic wands, quick-acting truant candy series (including toffee, nosebleed nougat, coma candy and fever candy), headless hats, canary biscuits, retractable ears, Boxing Binoculars (not yet mature in "Harry Potter and the Half-Blood Prince"), Weasley Whoosh-Boom Fireworks, Portable Swamp, Daydream Curse, Quill Series (including automatic inkjet, spell check and witty answering, etc.) Varieties), curse-proof hat (anti-curse cloak, anti-curse gloves) and bruise elimination agent for boxing binoculars, etc. Stealth smoke bombs are clearly imported products, and card and rope tricks should not be independently developed. Decoy bombs, edible devil marks, joke cauldrons, dwarf cattails, high-level ecstasy, and ten-second pustule elimination special effects are not clear whether it is a purchase or a self-developed product. Some of their magic amazes Hermione who thinks they only have some useless fancy things, such as a headless hat. Hermione thinks it is quite clever to extend the effect of the invisibility spell beyond the magical object, Luo En then wondered why they only got three OWLs.

3. Market research The twins decided to use this last year to conduct market research after their mothers opposed their plans to quit school and start a business. "We will use this year to do some market research to find out what ordinary Hogwarts students hope. What to buy from the joke store, carefully identify our research results, and then produce products that meet the needs." The results of market research are not clear, but the quick-acting skipping candy is very popular. After the twins dropped out of school, the "anti-Umbridge skipping class" Played a huge role in combat. Although it is not clear in the book whether twins have girlfriends, they understand women’s psychology very well, knowing that women’s money is the best to make money, and specially developed the "Wonder Witch" series of products, including dwarf cat, high-grade enamel agent, and ten-second pustule elimination special effect. etc.

4. Sales operation Not to mention that the twins have been looking for opportunities in the common room to sell their quick-acting skipping candy, headless hats and canary biscuits. The vigorous anti-Umbridge fireworks pranks and subsequent drop-out performances are simply perfect event marketing, the latter is even enough to be recorded in the history of Hogwarts. The two event marketing promoted Weasley's Whoosh-Boom Fireworks and Portable Swamp. It’s not unreasonable that the twins always teased the prefect Percy. Percy was still working overtime to write a boring crucible report. The twins had already borrowed the opportunity of the Quidditch World Cup and cleverly caught up with the director of the Department of Magic and Sports, Ludo. • Bagman, who set a high price of 5 gallons for the fake wand. Knowing that Harry's purchase of the real wand in Ollivander only cost 7 gallons, Bagman is quite certain about the twins' products. Bagman's original words were "I haven't seen something so realistic in many years." But Bagman is a reliable director. It is actually a very clever trick to catch up with the Department of Magic and Sports. You must know that the Department of Sports has set up a comic product patent office. Percy wanted to be promoted step by step in the Ministry of Magic, but his superiors did not remember his surname until he died-a digression, which also shows that Percy, who seems to be eager for power, is very ambitious and did not touch his father. Of light. The twins' defense series products received a large government procurement order from the Ministry of Magic. When Hogsmeadejoko jokes that the shopkeeper closed the shop, the twins keenly sensed the business opportunity and planned to sell the store at a low price and open a Weasley’s Witchcraft Weekend branch. In the product structure, they reasonably configured Muggle trick props, a product with a low profit margin but a stable flow. They are also well-known for their "hotness": the propaganda poster adopts the same color scheme as the official poster of the Ministry of Magic, the stalk of the mysterious person-constipation kernel, and the edible black devil mark, etc. Various evidences show that Weasley’s Witchcraft and Wizardry is undoubtedly successful: less than a year after dropping out, the two put on the superb dragon leather jackets that stunned Ron; Harry visited in sixth grade. At Diagon Alley, the wizarding world was under the threat of Voldemort's horror. The other shops in Diagon Alley were deserted, and the Weasley Witchcraft Workshop was crowded with people. On Christmas of the same year, the twins gave Mrs. Weasley a diamond-encrusted gift. High-end goods such as hats and gold necklaces; 17 years later, Rita Sturkey’s report on the Quidditch World Cup referred to George as “the wealthy Weasley’s Witchcraft partner”; and 19 years later Ron could scare Ruth by removing the inheritance rights, which shows that Ron's wealth is not thin after joining Weasley's Witchcraft and Wizardry.

The original first public account of the above text is Potterwatch (Potterwatch)

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Extended Reading

Harry Potter and the Deathly Hallows: Part 2 quotes

  • Gregory Goyle: [aiming at Hermione] Avada Kedavra!

    Ron Weasley: [chasing them off] Aaarrrgh! That's my girlfriend you numpty!

  • Bellatrix Lestrange: [Trying to help Voldemort up] My Lord? My Lord?

    Lord Voldemort: [Throwing Bellatrix aside] I do not need your help.

    Bellatrix Lestrange: My Lord!