Business models will usually always be a question to start a business, without a clear business model, it is difficult for businesses to run progressively or even aggressively.
In its journey, business is always accompanied by stories that are mysterious, not in the sense of superstition, but it is not clear who started it, and somehow the business model can become a phenomenon.
The most recent example is cryptocurrency, who and how, cryptocurrency has become very popular and very profitable, and somehow the end game of cryptocurrency.
What is clear is that rumors of mysterious business models have existed for a long time, including the tulipomania or tulip mania, which is the tulip business!, and monkey business, which is the monkey way business!.
What does the two business models look like? This needs to be known as an insight to be careful in doing business, always remember that only Islam provides real, not mysterious, business guidelines.
"Tulips Business"
Tulips were very popular flowers in Europe in the 16th &; 17th centuries
The very high demand for tulips gave rise to business ideas
The price of tulip seeds became very, very expensive
Business Process
With the increasing price of tulips, entrepreneurs with their business instincts directly buy tulip seeds to farmers, the hope is that when tulips grow and bloom entrepreneurs can get high profits.
Instead of waiting for the blooming of tulips, the purchase letter of tulip seeds obtained from transactions with farmers, is sold to other entrepreneurs, in other words, profit-taking actions are faster carried out by entrepreneurs.
This pattern continues to be carried out until the price of the purchase letter becomes more expensive than the estimated price of the Tulip itself.
As a result, when the harvest fails, the purchase letter becomes worthless, and results in huge losses for entrepreneurs. What happened was not the sale and purchase of tulips but the purchase letter of tulip seeds which was still unclear, whether it would flower or not!?.
"Monkey Business"
A Monkey is known to greedily take food
After getting food, Monkey will run away immediately
Business Process
Call it the first person is someone who looks very convincing, both from his words, mimics, gestures, and wealth, he very easily asks others to find an item that is actually very strange to trade.
But with high price offers, in the midst of weak economic conditions and lack of knowledge, the person offered is certainly very willing, the goods requested are obtained, the process continues to be carried out, over time the goods requested become very rare in the market.
When the goods are very difficult to find and the price is getting very high, it turns out that there are still people who have the inventory of these goods, none other than the person who is the partner of the person mentioned earlier, but other people don't know it, so they are willing to buy goods at high prices, hoping that they can be sold at high prices and get high profits as well.
As a result, unfortunately, when it was bought at a high price, it turned out that the item could not be sold, because no one wanted to buy, and the person mentioned at the beginning was no longer known where, ran away leaving fraud.
Wallahu a'lam bishawab