Category: BUSINESS – Young Entrepreneur

I am a Young Entrepreneur – (Part A) considering my success

23 comments

Congratulations!  Now that you have finished your Young Entrepreneur Marketplace, you can consider your success and learn from your experience.

[Trademark by PowerPlay Young Entrepreneurs], an educational program designed for grades 4-8 classrooms.    www.powerplayforsuccess.com
1.  What did you enjoy? 

2.  What did you discover about yourself? 

3.  What skills did you use to create success?

4.  What was one problem you had?  How did you overcome it?

I am a Young Entrepreneur – (Part B) evaluating my product

23 comments

You must also consider the success of your product.  Remember, the amount of money you made is not what is most important.  The main goal with this program is to make a profit and to have fun learning about business.

  1.  Begin by telling us your business name and slogan.
  2. Were you able to make a profit?  Did you sell out?
  3. How do you feel about the product you selected for your business?
  4. What are some tips that you could use to select a product to sell in the future?

I am a Young Entrepreneur – (Part A) considering my success

27 comments

Congratulations!  Now that you have finished your Young Entrepreneur Marketplace, you can consider your success and learn from your experience.

[Trademark by PowerPlay Young Entrepreneurs, an educational program designed for grades 4-8 classrooms.  PowerPlay Strategies Incorporated, Surrey, B.C.]   www.powerplayforsuccess.com    (Thanks Mr. Baldin for introducing this to our school c/o Vancity).

1.  What did you enjoy? 

2.  What did you learn?

3.  What was one problem you had?  How did you overcome it?

I am a Young Entrepreneur – (Part B) evaluating my product

32 comments

You must also consider the success of your product.  Remember, the amount of money you made is not what’s most important.  The main goal with this program was to have fun learning about business.

  1.  Begin by telling us your business name and slogan (do you have a pic?)
  2. How do you feel about the product you selected for your business?
  3. What are some tips that you could use to select a product to sell in the future?

Power Play Young Entrepreneurs

Leave a comment

Young Entrepreneurs :considering your success (Part A)

1.What did you enjoy?

I enjoyed selling and making my product and also liked seeing people happy when they figured they could draw anything they want on the stress balloon with Sharpies, they also got surprised when I told them there was slime inside and a lot of them said that they were going to pop the balloon to play with the slime.

2.What did you learn?

What I learned that starting a business could take a long time to form and that it can be a very boring process when no one would come to your table.

3.What was one problem you had? How did you overcome it?

The one problem I had was balloons popping and how I overcame it was by not letting anyone at home to touch them because I feared it would pop.

 

young entrepreneurs : considering your success (part a)

Leave a comment

1. what did you enjoy?

I really enjoyed talking to costumers about the process of making my product. when costumers asked questions it made me happy because that meant they wanted to know information about my company.

2. what did you learn?

I learned that the more different your product is the more you will sell. For people who did stress ball it was hard since there were over 10 people doing stress balls. I also learned that the way you present yourself also plays a part, because if you’re frowning at your stand you look less approachable, but if you are smiling people will be more comfortable to go up to your stand.

3. what was one problem you had? how did you over come it?

I did slime and there was another girl also doings slime spreading negative things about my product, which made it harder to sell since I had no costumers. All I did was stay positive, I eventually sold out because during the fair when people came to my stand I would explain my product.

Young Entrepreneurs

Leave a comment

Young Entrepreneurs :Evaluating your product(Part B)

1.Begin by telling us your business name and slogan.

I chose the name “EMO BALLS” because I couldn’t pick a name between “Emoji” or “Emotion”.

https://drive.google.com/file/d/1vn1OgihBR0vavyNurQXN_HZyFKSjSYHT/view?usp=sharing

Here is my link for the image for my young entrepreneurs.

2.How do you feel about the product you selected for your business?

I fell moderate but at the same time I feel like I should have made something else that will be handy for people.

3.What are some tips that you could use to select a product to sell in the future?

To pick something that is popular at that time and make sure that no one would copy me like this time almost half of the gym made stress balls, and that in the future I make the table I’ll stay at way more attractive and also not stick by a corner. I would move the table to somewhere I would think would have a lot of customers because of there product.

Power Play Young Entrepreneurs

Leave a comment

Looking Back

Part A: Considering your success.

  • what did you enjoy

I enjoyed seeing all of the other products
and when people buy my product.

  • What did you learn

I learned that next time if we do the market research fair,I should have a sample product therefore people could ” test” or squeeze the stress ball. Furthermore next time I do this project( that’s if I choose stress balls) I should have quantity over quality.

  • What was one problem you had?How did you overcome it?

One problem I had was when people squeezed the weaker stress balls with the fishnet, the fishnet got stretched so I grabbed the tip of the balloon and slide it through the hole of the fishnet so it got stronger on all sides. Another problem I had was when a bunch of little kids came running to my table and started to squeeze all of the stress balls, some got really weak and one popped because they poked the part that popped out.I overcame that problem by adding a sign saying” Please ask if you want to touch” and most kids listened.

 

1 2