4
Twenty TREP$ participants learned about what it means to be an entrepreneur by launching their first business at AIS-R’s elementary and middle school campus on February 29, 2012. Besides earning money, students learned how to bring a good idea through various levels of product development. The culminating day of the marketplace determined the viability of the idea. Team- work was a key component of the program where students needed to pool their expertise to create a product from local materials with start-up funds supported by written loan agreements. Stu- dents were dependent on their team members to follow through each step of the way from finding materials, constructing products, to tracking sales and inventory on market day. It was hard work, they took many risks, but all agreed it was well worth the effort of being an entrepreneur. Booth Design– Sales Every team designed a booth to include a publicity poster where the product name, pricing, features and benefits were stated. Entrepreneurs had to make their table enticing to their elementary and middle school students as well as elementary campus. TREP$ Workshop Participants during 2012 Week Without Walls Learn Important Lessons on Entrepreneurship from Product Creation to Sales MS Business Club, Market Place Mania, and TREP$ Workshops Prince Salman Science Oasis TREP$ Program Make 9,000 SR at Marketplace By Christine Wilson, Marketplace Mania Business Club Sponsor TREP$ Marketplace Certificates and Profitability of 8 Product Lines Most Popular– Memem Custom T- Shirts (Salman Khattak, Zaid El Meleihi, Mohammad Butt) Unusual Idea– Comic Book Bands (Dania Ilyas, Hajar Khalid, Sabah Munshi) Management– Choco Blasters (Daniel Ashley, Jon Beshara) Innovation– Custom-U Photoshop Images (Abdul-Raheem Khan, Muneeb Khan) Handicraft– FPC Facepainting and Cupcakes (Che Rin Kim, Marie Xhauflair, Anas Ahmad) Foodstall– Blissful Brownies (Maha Ahmed, Abdullah Al Ho- maidhi, Juzer Nadri) Best Business Idea– Eagle T-shirts (Ronnie Tafesh/Jason Ingram Teacher Mentor) Decorated Stall– Desert Rush (Abigail Hayes, Eman Fathala, Es- ma Isik) Profitability: 1st Prize/500 SR: Mememe (Profit 2,185 SR), 2nd Prize/400 SR: Comic Book Bands (Profit 2024 SR), 3rd Prize/300 SR: Facepainting/FPC (Profit 1,320 SR), 4th Prize/100 SR: Custom-U (Profit 945 SR), 5th Prize/100 SR: Blissful Brownies (Profit 830 SR), 6th Prize/100 SR: Desert Rush (Profit 660 SR), 7th Prize/100 SR: Eagle T-Shirts (Profit 520 SR), 8th Prize/100 SR: Choco-Busters (Profit 469 SR). AISR Marketplace Total Profit: 8,953 SR

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Page 1: MS Business Club, Market Place Mania, and TREP$ Workshops ...€¦ · MS Business Club, Market Place Mania, and TREP$ Workshops ... (Dania Ilyas, Hajar Khalid, Sabah Munshi) ... “What

Twenty TREP$ participants

learned about what it means to be

an entrepreneur by launching

their first business at AIS-R’s

elementary and middle school

campus on February 29, 2012.

Besides earning money, students

learned how to bring a good idea

through various levels of product

development. The culminating day

of the marketplace determined

the viability of the idea. Team-

work was a key component of the

program where students needed

to pool their expertise to create

a product from local materials

with start-up funds supported by

written loan agreements. Stu-

dents were dependent on their

team members to follow through

each step of the way from finding

materials, constructing products,

to tracking sales and inventory on

market day. It was hard work,

they took many risks, but all

agreed it was well worth the

effort of being an entrepreneur.

Booth Design– Sales

Every team designed a booth to

include a publicity poster where

the product name, pricing,

features and benefits were

stated. Entrepreneurs had to

make their table enticing to

their elementary and middle

school students as well as

elementary campus.

TREP$ Workshop Participants during 2012 Week Without Walls Learn Important

Lessons on Entrepreneurship from Product Creation to Sales

MS Business Club, Market Place Mania, and TREP$ Workshops

Prince Salman Science Oasis TREP$ Program

Make 9,000 SR at Marketplace

By Christine Wilson,

Marketplace Mania Business

Club Sponsor

TREP$ Marketplace Certificates

and Profitability of 8 Product Lines

Most Popular– Memem Custom T-

Shirts (Salman Khattak, Zaid El

Meleihi, Mohammad Butt)

Unusual Idea– Comic Book Bands

(Dania Ilyas, Hajar Khalid, Sabah

Munshi)

Management– Choco Blasters

(Daniel Ashley, Jon Beshara)

Innovation– Custom-U Photoshop

Images (Abdul-Raheem Khan,

Muneeb Khan)

Handicraft– FPC Facepainting and

Cupcakes (Che Rin Kim, Marie

Xhauflair, Anas Ahmad)

Foodstall– Blissful Brownies

(Maha Ahmed, Abdullah Al Ho-

maidhi, Juzer Nadri)

Best Business Idea– Eagle T-shirts

(Ronnie Tafesh/Jason Ingram

Teacher Mentor)

Decorated Stall– Desert Rush

(Abigail Hayes, Eman Fathala, Es-

ma Isik)

Profitability: 1st Prize/500 SR: Mememe

(Profit 2,185 SR), 2nd Prize/400 SR: Comic

Book Bands (Profit 2024 SR), 3rd

Prize/300 SR: Facepainting/FPC (Profit

1,320 SR), 4th Prize/100 SR: Custom-U

(Profit 945 SR), 5th Prize/100 SR: Blissful

Brownies (Profit 830 SR), 6th Prize/100

SR: Desert Rush (Profit 660 SR), 7th

Prize/100 SR: Eagle T-Shirts (Profit 520

SR), 8th Prize/100 SR: Choco-Busters

(Profit 469 SR).

AISR Marketplace Total Profit: 8,953

SR

Page 2: MS Business Club, Market Place Mania, and TREP$ Workshops ...€¦ · MS Business Club, Market Place Mania, and TREP$ Workshops ... (Dania Ilyas, Hajar Khalid, Sabah Munshi) ... “What

To publicize the event, entrepreneurs introduced their teams’ products at both the MS Health

Day assembly and elementary homerooms. These presentations required students to employ

their speaking skills to convince the public that their products were of value.

products and 1 person about good products.

He reminded students that entrepreneurs

don’t have the luxury of a regular pay check

and must work hard to make a good idea into

a success that brings in money.

Dr. Taher reassured all of our students that

their ideas would pay off by working hard on

workshop challenges. Their final challenge

would be to make a product of service that

his own children would buy!

Custum-U used the skills

learned in MS Photoshop

class to create a profita-

ble product line.

Speakers: Amer Kayani, Minister Counselor for Commercial Affairs/US Embassy

and Dr. Taher, General Supervisor, Prince Salman Science Oasis

Amer. Kayani and Dr. Taher were two

distinguished guest speakers at the

TREP$ “Brown Bag Lectures”. Mr.

Kayani provided students with a focus

group, providing negative and positive

feedback on developing business

ideas. He provided many interesting

facts about businesses in today’s

economy that represented great

ideas . He also reminded students

that people talk to 10 people about bad

Page 2

Caption describing picture or graph-

ic.

MARKETPLACE FEEDBACK

“TREP$ was fantastic. I want

to go again. “ 8th Grade

Participant

”It was fun and educational. I

met a lot of people.” 7th

Grade Entrepreneur

“Amazing sales, even for

smaller products.”

Elementary School Buyer

“What Magical Mania! W e

really appreciated your

patience with our kids. The

products were great-

especially the ones that were

a direct product of our

classes (Custom-U Images).

The evaluation criteria is

very clear. “ ES Principal,

Jenny Canar and Assistant

Principal, Katie Ingram

Page 3: MS Business Club, Market Place Mania, and TREP$ Workshops ...€¦ · MS Business Club, Market Place Mania, and TREP$ Workshops ... (Dania Ilyas, Hajar Khalid, Sabah Munshi) ... “What

Students had a number of business

challenges throughout the TREP$

workshops held at Prince Salman

Science Oasis requiring students to

work collaboratively on teams.

These challenges included pricing,

advertising, and marketing of prod-

ucts. All challenges were training

for the real market day.

An example of building business

skills was the Candy Bar Challenge.

Teams were asked to take an ordi-

nary candy bar and turn it into a

unique product by adding a name to

it, conceiving a new wrapper, ex-

plaining its features or benefits,

and creating a commercial which

teams had to present in 3 minutes.

Students competed against

each other to win a prize

voted on by workshop train-

ers and the participants

themselves. The challeng-

es tested students both on

completing tasks under a

deadline and working togeth-

er to create something

unique out of an ordinary

item. Presentations were an

important part of the chal-

lenge. Each member of the

team had to speak to the

product and how it was

better than other products

at the marketplace.

you can choose and import into your

newsletter. There are also several

tools you can use to draw shapes and

symbols.

Once you have chosen an image, place

it close to the article. Be sure to place

the caption of the image near the

image.

This story can fit 75-125 words.

Selecting pictures or graphics is an

important part of adding content to

your newsletter.

Think about your article and ask your-

self if the picture supports or enhanc-

es the message you’re trying to con-

vey. Avoid selecting images that ap-

pear to be out of context.

Microsoft Publisher includes thou-

sands of clip art images from which

.

Workshop Challenges @ TREP$

Page 3 MS Business Club, Market Place Mania, and TREP$ Workshops

Page 4: MS Business Club, Market Place Mania, and TREP$ Workshops ...€¦ · MS Business Club, Market Place Mania, and TREP$ Workshops ... (Dania Ilyas, Hajar Khalid, Sabah Munshi) ... “What

Sales for Mememe custom shirts and Eagle T-Shirts were a hit

at the marketplace for both elementary and middle schoolers.

TREP$ Workshop

Prince Salman Science Oasis

Ehsan Zafer, Program Manager

[email protected]

Middle School Marketplace

Mania Business Club

Christine Wilson, Club Sponsor

[email protected]

TREP$ , standing for EnTREPreneur, is a

program designed for students ages 7– 15 to provide hands on experience of

launching a business through workshops and a marketplace for selling student products and services.

This program runs out of Prince Salman Science Oasis located in Riyadh, within the Diplomatic Quar-

ter. For further information, please contact Ehsan Zafer.

Marketplace Mania Business Club began its first year in the Middle School using TREP$ workshops and

teacher mentors to guide students on a variety of product lines, often tied to a class, where skills learned from the class are adapted to a product. The Marketplace Moodle page allows for online or-

dering as well as providing resources for young entrepreneurs. The marketplaces included Family Fun

Day for Fall 2011, Week Without Walls Health Day in Spring 2012, and other marketplaces located

throughout Riyadh.

Completing the Pricing Challenge involved calcu-

lating the revenue minus the expenses to determine

a profit for a prototype of a product. If the profit is

positive, then students have determined the “right

price”. If the profit is negative, students would need

to reconsider the costs involved in making their

product.

Comic Bands’ slogan was “Why read a comic book when you can

wear one? “