Emery Entrepreneurship – Project 1

I recently started an Entrepreneurship Club at my high school (Emery) with a couple of friends.

We announced our first project this afternoon. Thanks to Tina Seelig for coming up with the idea.

Here is the assignment I gave:

Entrepreneurship is about identifying opportunities and creating value without regards to the resources you currently control.

Assignment: Each team (2-3 people) is given an envelope with seed funding. You can spend as much time brainstorming as you want planning. However, once you crack open your envelope, you have two hours to generate as much money as possible.

Timeline:

4/6 – 4/19 – Brainstorm / complete assignment

4/19 – Email me one slide describing what you have done.  What went well?  What went wrong?

4/20 – Three minutes to present your project to the club.

Tips:

Every problem is an opportunity for a creative solution.  Look for problems. The bigger the problem the bigger the opportunity. 

You are encouraged to be entrepreneurial by identifying opportunities, challenging assumptions, leveraging the limited resource you have, and be creative.   Try to create as much value as possible. 

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I am giving them 12 days (the entire spring break) to complete the project.  It should be interesting to see what a bunch of 14-18 year olds can accomplish with two hours.

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