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Entrepreneurship: Pathway to Success. David Dean Sue Coupland Lompoc High School CA $ H Business Academy. Activity. Small groups Only materials given not all must be used C reate a product P resent your idea. Activity. P resent your idea Type of Product Name of your product
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Entrepreneurship:Pathway to Success David Dean Sue Coupland Lompoc High School CA$H Business Academy
Activity Small groups Only materials given not all must be used Create a product Present your idea
Activity Present your idea Type of Product Name of your product Features of the product Benefit(s) product offers to customer Target Market age, gender, needs, interests, etc. Price
Product Innovation Objective • Creativity • Enthusiasm • Team Work • Limited Resources • Improvising and using what you have • Introduction to Marketing • Entrepreneurship
Presentation Objectives • What is an Entrepreneur? • What is an Entrepreneurial Mindset? • Why Entrepreneurship Education? • What is Entrepreneurship Education? • Who is involved? • How do we implement?
Entrepreneur • Recognizes opportunities and takes action on them • Considerable initiative and risk
Entrepreneurial Mind-Set • Recognize Unmet Need • Often a problem • Develop a Solution • Initiate the Solution
Personal Importance why? • Appealing • Greater sense of control over your life and future • More opportunity to exercise creative freedoms • Higher self-esteem
Economic ImportanceSBA 2008 Data why? • 27+ million businesses in the US • 78% were non-employer firms • 96 % had 20 or fewer employees
Entrepreneurship Education what? • Entrepreneurial mind-set • Discover or create business opportunities • Potential to act
Entrepreneurship Education who? • Diversity • Willing to take a risk in return for a profit • Found in every occupation and career • Opportunities at all levels of education • Any time of one’s life
National Content Standards for Entrepreneurship Education Organized in three sections: • Entrepreneurial Skills • Ready Skills • Business Functions Consortium for Entrepreneurship Education www.entre-ed.org
CA Entrepreneurship Standards • Marketing & Sales Industry Sector • Entrepreneurship Pathway • Many industry sectors – • Foundation Standard 10.3.5 • History/Social Studies
College Studies - Majors • Entrepreneurial Studies or Small Business Administration o • Small Business Management • Majors and certification programs
NFTE Activities • Network For Teaching Entrepreneurship • Program Offices • Bay Area • Los Angeles • Fresno – Lyles Center for Innovation and Entrepreneurship – Fresno State • www.nfte.com
CA$H Business Academy Pursue Your Passion in Business • California Partnership Academy • Established 2008 • Grades 10 – 12 • Entrepreneurship Focus • Subjects • Business • English • Math • History
Why Entrepreneurship • Business Academy • Established courses • Finance and Business • Information Technology • Marketing & Sales • Business skills necessary for success in any industry sector business
Ideal Design • Career Exploration – Grade 9 • Introduction to Business – Grade 10 • Specialization – Grade 11 • Team of Experts working together – Grade 12
Post-Secondary Partners • Allan Hancock College • Cuesta College • Santa Barbara City College • Fresno State • Cal Poly SLO • UCSB
Business Partners • Lompoc Chamber of Commerce • Lompoc Valley Women in Chambers • Rotary International – Lompoc • Lompoc Valley Medical Center • City of Lompoc
Future Business Leaders of America – FBLA • Chapter continuous for over 30 years • Teach leadership skills • Conferences and Competitions • Business tours • Community service • Monthly luncheons
Internships • VITA Program • Women in Chambers of Commerce • Co-Treasurer • Summer Camp • Workforce Investment Board • Summer Youth Employment Jobs • Student Business – selected positions • Advisory members
Activities – local • Lompoc Entrepreneurship Tour • Business Plan Competitions • Classroom, Community College, Regional NFTE • Grade-Level Field Trips • Mock Interview Panel • AHC Career Day • Student Business Presentations at Advisory Meeting • ROP Accounting Field Trips • FBLA Leadership Conferences • College Fair – LHS
Activities – out-of town • VITA – Volunteer Income Tax Assistance • NFTE Business Plan Classroom Competition • United Way Annual Luncheon (Volunteer of the Year) • SBCC Scheinfeld New Venture Challenge (1st Place) • UCSB/SBCC Entrepreneurship Pathway field trip • NFTE Regional Business Plan Competition - Fresno • IRS/EDD Field Trip – Santa Maria • FBLA/CA$H/VITA Celebration Dinner • Monthly Luncheons – LVCC, LVWCC
Entrepreneurship Competitive Opportunities • FBLA • NFTE • SAGE • Think Quest • Mitsubishi • New Venture Challenge • ?
Summary • Entrepreneurship is growing • Encourages students to problem-solve • Entrepreneurial Mind-set Prepares students for success • Own business • Employee • Student
Entrepreneurship Week • February 18-25 – next week • Invite a local Entrepreneur to speak • Schedule a business tour • Entrepreneur assignment • Read a biography • Research • Innovation activity
Entrepreneurship Resources • Consortium for Entrepreneurship Education – www.entre-ed.org • Network For Teaching Entrepreneurship – http://nfte.com • Chamber of Commerce – American Free Enterprise - http://www.freeenterprise.com/center/
Email for more info Sue Coupland coupland.susan @lusd.org David Dean dean.david@lusd.org CA$H Business Academy www.lhscash.org 805-742-2956
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