“How do we really motivate employees to push their limits in an innovation project, or preferably beyond?” Leaders in organizations ask themselves this question all the time. The “1,000 EUR in 24 hours” challenge is an extremely helpful tool here.
The “1,000 EUR in 24 hours” Challenge teaches participants very intensively what it means to be an entrepreneur and innovator. Startups do not have departments for finance, marketing and product development. Here, everyone does everything, and at the same time there is also massive learning and building a new horizon of experience.
The “1,000 EUR in 24 hours” challenge presents its participants with the task of inventing and producing a new product or service in just 24 hours and generating fixed orders for at least 1,000 euros.