Category: BUSINESS – Young Entrepreneur

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?

I enjoyed many things. Seeing others products, making sales, earning money, and just the thrill of trying to convince people to buy my product. I really believe this will benefit in the long run. Just the experience from being an entrepreneur is very important in this day and age.

2.  What did you learn?

I learned that it’s not that easy to convince people to buy my product. And i believe as a class we learned the basics skills of setting up a business. You need ads, a kitty (change), and the product itself. We also learned how to be salespeople–we were a public and crowded place, fighting for sales–the people who made money understood what goes into getting one sale. It’s not easy, but we learned. 

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

One problem  I had was, getting my customers to stay after just squishing my stress balls a few times. The way I overcome this problem was putting on a smile and a more kind way of talking. Thus, creating what I believe to be a more calm and peaceful area. Making them able to stay for 30 seconds while I explain my prices, and ask them if they would like to buy.

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?)... Well, my business is called: Joel’s Stress Balls! and my slogan is: Eradicate your stress forever!! And I do have a picture   https://drive.google.com/file/d/1YR_KGsmZkiRE_8KoP_zvhmMELS4bz8qz/view?usp=sharing
2. How do you feel about the product you selected for your business?… I felt really good about the decision I made to make stress balls. Because I spent nothing to make them, they were completely free of charge to make, because I just used food ingredients instead of high-end materials to make them.
3. What are some tips that you could use to select a product to sell in the future?… I will definitely remember to pick a product that I enjoy making. I had a great time with Jonah making a whole bunch of stress balls. And that really added to the joy of this experience.

Responsible business owners help others by donating a portion of their profits to their communities.  Think about how your business helped others.

1. What organization did you choose to support?… I chose to donate to Me to We because it’s a organization I trust, I know a lot of about, and i’m a part of Me to We. And I know my money is 100% going to help someone.
2. What does this organization do?… Me to We does a lot of different campaigns and fundraisers for countries and causes around the globe. The campaign I specifically chose to donate to is We Walk For Water I have a blog explaining what we did and what this. Click on the link to read it… http://sd41blogs.ca/smithjoanne/we-walk-for-water-2/
3. How do you feel about helping others in this way?… It really feels great. I am an active helper around the school inside and out and i’m part of Me to We to be able to donate my own money to a foundation I trust and believe in.  It is amazing.