A Quarterly Journal
Jeffrey Woodward, Founder & Owner
Ray Rasmussen, General Editor

Volume 13, Number 3, September 2019

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Gautam Nadkarni
Mumbai, India

Cash Crop

I must have been six when I first went into business. The kid who lived in the neighbouring flat proudly displayed a money plant growing out of a bottle of water. My innate business acumen prompted me into buying it from him for the princely sum of ten paisa. I was sure it was an investment which would pay rich dividends shortly. I could imagine myself reaping the harvest, plucking ten rupee notes from the branches and blowing it all on chocolates.

I watched the plant closely for the slightest hint of paper during the next three days. On the tenth day I went storming to the brat who had sold me the plant and demanded my money back. I told him indignantly that it was a rip-off. The boy looked closely at me and declared he had never seen me before.

Business School—
the very first lecture
is how to write off fees