Young+Entrepreneurs

= Young Entrepreneurs =



Project Description:
The class is divided into groups, or “companies”. Thanks to a grant, each company is given a start up capital of $50. The individual companies decide on a product they want to make and sell. Companies decide on specific jobs that the individuals within the company will perform and design a business plan. The business plan will include the following given their start up capital: 1. How much it will cost to make the chosen product 2. How much they are going to charge for each item 3. How many items they will have to make to start to make a profit 4. How much of a profit they can potentially make. Companies will give a Power Point Presentation of their completed business plan to the entire class. Then it’s time to put the plan in action and make the actual product. The final product will be marketed and sold at the school spring carnival. The profits will be donated to the school. For tips on teaching entrepreneurship to kids look [|here]at gaebler.com- resources for entrepreneurs. - ﻿Shana McOmie

Product:
Throughout this project students will create a number of products including a [|Business Plan], in the form of a Power-Point or Prezi presentation, a poster as a marketing tool, and the actual product(s) that they will be selling. The assessment will be done primarily on their Business plan as that is what will be the most comparable across groups. Any profit earned, will be turned in to the teacher and used to fund a fun activity, or fund raiser for the school. - Andy Wise 

Curriculum Connection:
First, the students will be using basic [|math] skills to figure out how much it will cost to make the chosen product, how much they are going to charge for each item, how many items they will have to make to start to make a profit, and how much of a profit they can potentially make. Also, students learn how to interpret and apply different scales of measurement as they need to cut and paste stuffs to ideally design and create their products. The project will teach the students proportional relationships, and percents. Second,they will also use art to help them make the product. They will need to design it and make it unique and different from other products that the students are selling. Third, they will use [|language arts]for writing a business proposal. Students will also be using their technology skills by making a power point to present to the class of their product. Lastly, they will need to know how to make a power point and how to make it presentable. To see the curriculum that the students use, link to [|Curriculum]. -Taylor Wallace

Driving Question:
How can entrepreneurs determine whether it is beneficial to market and sell their own products? -Amanda Shaw

Technology Integration:
<span style="font-family: 'Comic Sans MS',cursive;">Students will use technology throughout the whole process. First, students are required to use the internet to research information on their targets' needs and effective ways to promote their products. Second, They need to make a poster using [|MS Word] or [|MS publisher]. Third, they will present their business plans and final projects to the class by using a [|PowerPoint] at the end of the project. Lastly,students need to shoot their presentations so that they can upload their videos on "Youtube". There are many other ways of integrating technology into a project for upper grade students(high school or college students). At first, they can use online survey tools to ask people's opinions on their products. Also, they can use 3D applications to predict their final products. Furthermore, students can learn how to make and edit videos by making commercials for their products. -Jungmin Lee

<span style="color: #0087ff; font-family: 'Comic Sans MS',cursive;">Our Other Pages:
<span style="color: #00dcff; font-family: 'Comic Sans MS',cursive;">PLN2 Main Page <span style="color: #00dcff; font-family: 'Comic Sans MS',cursive;">Collaborative Brainstorming