If you were given $10, what would you do with it? At Sunshine Coast Grammar School, this is the ultimate entrepreneurial challenge for Year 5 students as part of their business unit where they are challenged to create a market stall and sell their product or service at Market Day on Wednesday, November 21.
From slingshots and lolly stands to games stalls and more, the event will see students use their business skills acquired throughout the unit to bring their market stall to life and sell their products to other students, staff and parents of the School.
Students have had to work in pairs with a budget of $10 each to develop a business plan, coordinate the planning, design and creation of the product including logo design, marketing and promotion ahead of the Market Day tomorrow.
Sunshine Coast Grammar School Year 5 Teacher Mrs Liesl Wainscott said that the unit focuses on entrepreneurship and aims to provide students with the opportunity to experience the independence of being a business owner while allowing them to demonstrate their leadership and learn from their peers.
“There is a lot for the students to consider when setting up their small businesses but they have been carefully guided through the process to ensure life-long skills are developed and special memories are created,” said Ms Wainscott.
“We are excited to see what the students have come up with and how they have transferred their knowledge into creating a successful small business.”
Earlier in the term they were inspired by start up and entrepreneur, Naj Elsayed from Acai Flow, on what it takes to start and manage their own business.
All funds raised from the Market Day will go towards the School’s community service program, Grammar Helping Hands.