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  • FROM STREET KIDS TO ENTREPRENEUR

  • FROM STREET KIDS TO ENTREPRENEUR

  • FROM STREET KIDS TO ENTREPRENEUR


The Learning Approach



Extraordinary Education™ aims are to bring business into education, highlighting the opportunities offered by entrepreneurship and self-employment, using a real business model as an up-to-date and relevant case study.


Extraordinary Education™ develops the key skills of entrepreneurship through "learning by doing" and has been specially formulated to be independent of an individual’s academic levels, literacy or numeracy skills, where classroom curriculum education does not stimulate or where practical experience adds relevance to the learning process.


Entrepreneurship is taught with "real" products. In the case of Macedonia, products will be supplied from the local market place, with the entrepreneurs own products, designs otr services, and also by the Extraordinary Educ ation™ warehouse.


The Extraordinary Education™ programme can be done in teams, in communities, as individuals, for men, women or students from the age of 5 to 105!

The student gains knowledge in a simplistic, fun environment using non- formal language, and by the end of the course – although it is of short duration, has:

  • • Accessed an understanding of how business operates
  • • Developed markets and identified customer needs
  • • Formulated sales and marketing strategies, including market research and competition
  • • Basic financial management and accounting
  • • Responsibility, delegation, management and operations, including decision making and problem solving
  • • Developed business relationships with suppliers, customers, employees and stakeholders
  • • Established business models and structures, including social enterprises and not for profit

Additionally the student will have a working understanding of:

  • • Basic financial management
  • • Procurement
  • • Sales
  • • Marketing
  • • Businesses: practicalities, operations, problems, motivation
  • • Awareness of local issues: better understanding of how business initiatives contribute to the social and economic development or regeneration of a local community and what opportunities might be available regionally

The students acquire the following skills:

  • • Numeric and financial
  • • Problem solving
  • • Organisational
  • • Time management
  • • Team working
  • • Independent working
  • • Leadership
  • • People skills

Attributes developed include:

  • • Creativity
  • • Open-mindedness
  • • Risk taking
  • • Tenacity

At the end of each learning session the students work through worksheets, which assess their understanding and continual learning. This is conducted verbally where skills are restricted. These worksheets compare the students all round abilities at the start of the project and on a daily basis through to the end of the project. Communication, self esteem and motivation are generally recognised as the greatest gains, despite the issues facing the individual or community.

The unique process of this model also reviews the financial gains (or losses) of each session. All of the students start from the same point with no money, and work alone or in teams but compare results to develop skills and techniques. The variation in results and over time points, demonstrate not academic ability, but development of an entrepreneurial mindset, risk taking and adaptation to change. Due to the financial restrictions in the local market place, including poverty, this will be a challenging task, but for any entrepreneur that is an opportunity.


  • WE LEARN:
  • - 10% of what we read
  • - 20% of what we hear
  • - 30% of what we see
  • - 50% of what we see and hear
  • - 70% of what we say
  • - 90% of what we say and do



The Learning Stages



  • STAGE

  •  
  • PARTICIPANTS

  •  
  • LEARNING EXPERIENCE

  •  
  • Motivation Stage (why?)
  • Introductory motivation workshop on personal development
  • • Develop a positive approach to setting and achieving goals
  • • Are encouraged to get involved in enterprising activities
  • • Thinking outside box
  • • Self confidence and self belief
  • • Optimism, risk taking, realising dreams
  • Inspiration Stage (what?)

  • • Learn about the E-Trail... ** operations
  • • Get familiarised with the E-Trail... business ethics (every product sold brings consumer satisfaction in one place and wealth creation in another)
  • • Are provided with opportunity to see the range of products and materials
  • • Are inspired to develop their own business ideas: e.g. use The E-Trail... education products/ materials to create value-added goods
  • • The importance of visualising their business goal
  • • Creative and independent thinking (ownership of their ideas)
  • • Artistic expression
  • Preparation Stage (how?)

  • • Draft their business projects: producing the goods, trading with products or delivering services
  • • Design marketing strategies: how to sell and price the product
  • • Learn about suppliers, customers and competitors
  • • Learn why the cash flow management is crucial for business operations
  • • Decide on the management schemes and assign team roles
  • • Discuss social, cultural and environmental issues of their businesses
  • • Creative and analytical thinking, understanding of business operations
  • • Numeric
  • • Financial management
  • • Team working, people skills, communication
  • • Understanding community issues and sustainable development as pre-condition for better quality of life (respect, engagement and commitment)
  • Start up Stage

    Go ahead and do it!
    Experience the business reality

  • • Take the initiative and the responsibility for managing their business projects: purchasing the first products, management of the procurement process, organising and managing the first selling events.
  • • Organisational and time-management
  • • Selling techniques
  • • People and communication
  • • Problem solving
  • • Team working and leadership
  • • Numeric and financial
  • • Creativity and artistic (displaying the products, packaging)
  • • Gaining real life experience
  • Development Stage

    Business development strategy

  • • Assess their first business performance
  • • Are encouraged not to lose motivation when something does not go according to the plan (everything may look like a failure in the middle)
  • • Apply the recently gained working knowledge of business to refine and develop their projects
  • • Write the business plan
  • • How to learn from their own and others' mistakes
  • • How to value the experience, especially the negative one
  • • How to keep motivated, to overcome the crises and do not give up!
  • • Strategic thinking and analytical
  • • Writing
  • Evaluation Stage

    Self-evaluation

  • • Are encouraged to see their personal focus for the future
  •  
  • Answer the questions:
  • - What have I learnt about myself?
  • - How to develop and apply the enterprise skills to be more successful in my life
  • • Self-awareness



Lesson Planner



  LESSON PURPOSE LEARNING TIME FRAME
01. Motivation Introduction
Aworkshop on personal
Development
Develop a positive approach to setting and achieving goals.
Be encouraged to get involved in enterprising activities.
Thinking outside box
Self confidence and self belief
Optimism, risk taking, realising dreams.
1 hour
Blank paper exercise
Real entrepreneur
02. Inspiration Opportunities and Risks
Rewards and Losses
Learn from others
Self belief
Perspiration
Learn about case studies
Be provided with opportunity to see a range of products and materials
Be inspired to develop their own business ideas.
The importance of visualising their business goal.
Creative and independent thinking (ownership of their ideas).
Artistic expression
1/2 day
Plan own business
1p exercise
Real relevant case studies
03. Preparation Getting everything ready
Key ingredients for success.
Discuss their business projects:
Producing the goods, trading with products or delivering services.
Design marketing strategies: how to sell and price the product
Learn about suppliers, customers and competitors
Decide and assign team roles
Innovation and analytical thinking, understanding of business.
Confidence building
Creativity
Numeric
Market forces
Team working, people skills
Communication
1/2 day
1 minute VC pitch
Interactivity
Participation
Presentations
04. Action - Start up Go ahead and do it!
Experience the business reality
Take the initiative and the responsibility for managing their business projects:
purchasing the first products,
management of the procurement process,
organising and managing the first selling events.
Organisational and time-management
Selling techniques
People, leadership, teamworking and communication
Problem solving
Creativity and artistic (displaying the products, packaging)
Gaining real life experience.
1 day
Sell to real customers.
05. Development Business development strategy Assess their first business performance
Review positives and negatives
Apply the recently gained working knowledge
of business to refine and develop their projects.
How to learn from their own and others' mistakes
How to value the experience, especially the negative one
Strategic thinking and analytical
increased innovation and creativity, new mindsets
2 days
New markets
New customers
Wider opportunities
Increasing sales
06. Evaluation Self evaluation
Counting the profit!
Be encouraged to see their personal focus for the future
Answer the questions
What have I learnt about myself?
Participation and discussion
Interview techniques
How to develop and apply the enterprise skills in life.
Self-awareness
Analysis and development of students.
1 Day
Discussion with students
Critical analysis of individual development.
06. Teachers Value to economy and development of students. Involvement and teacher support essential
Teacher training exercise.
Entrepreneurs are not teachers, and vis versa
Determines sustainability and future
Full teacher training programme to be available in future.
2 x 1/2 days
Before and after anaylsis.


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