Entrepreneurship: Gateway to Success Sue Coupland Lompoc High School CA $ H Business Academy

Presentation Content Entrepreneurship Education Entrepreneurship Education Fun Activity Fun Activity Our Program Our Program

Entrepreneur Undertakes innovations and transforms them into economic goods Undertakes innovations and transforms them into economic goods Considerable initiative and risk Considerable initiative and risk

Entrepreneurial Mind-Set Recognize Unmet Need Recognize Unmet Need –Often a problem Develop a Solution Develop a Solution Initiate the Solution Initiate the Solution

Entrepreneurship Education is Important - Personal Appealing Appealing Greater sense of control over your life and future Greater sense of control over your life and future More opportunity to exercise creative freedoms More opportunity to exercise creative freedoms Higher self-esteem Higher self-esteem why?

Entrepreneurship Education is Important - Economic According to the SBA there were 27.2 million businesses in the US According to the SBA there were 27.2 million businesses in the US –The number of nonemployer firms has risen steadily –21.1 million in 2007 (estimated) Majority of new jobs are created by entrepreneurs and small businesses Majority of new jobs are created by entrepreneurs and small businesses Small Businesses created 979,102 net new jobs, or 78.9 percent of net new jobs Small Businesses created 979,102 net new jobs, or 78.9 percent of net new jobs Entrepreneurship accounts for at least 2/3 of all technological innovation Entrepreneurship accounts for at least 2/3 of all technological innovation why?

Entrepreneurship Education Objective Entrepreneurial mind-set Entrepreneurial mind-set Discover or create business opportunities Discover or create business opportunities Potential to act Potential to act what?

Entrepreneurship Education Diversity of personal characteristics Diversity of personal characteristics Willing to take a risk in return for a profit Willing to take a risk in return for a profit Anyone can be an entrepreneur at any time of one’s life Anyone can be an entrepreneur at any time of one’s life Found in every occupation and career Found in every occupation and career Opportunities are important at all levels of education Opportunities are important at all levels of education Lifelong learning process from elementary to adult Lifelong learning process from elementary to adult who?

Lifelong Learning Model

National Content Standards for Entrepreneurship Education Organized in three sections: Entrepreneurial Skills Entrepreneurial Skills Ready Skills Ready Skills Business Functions Business Functions

National Content Standards for Entrepreneurship Education The Standards: Are a FRAMEWORK for many levels of curriculum development Are a FRAMEWORK for many levels of curriculum development Lead to developing KNOWLEDGE AND SKILLS for entrepreneurial activities Lead to developing KNOWLEDGE AND SKILLS for entrepreneurial activities Provide for acquisition and application of CORE ACADEMIC SKILLS Provide for acquisition and application of CORE ACADEMIC SKILLS Are both a CONTEXT FOR LEARNING and SUBJECT MATTER for CURRICULUM Are both a CONTEXT FOR LEARNING and SUBJECT MATTER for CURRICULUM what?

Consortium for Entrepreneurship Education Accelerating Entrepreneurship Everywhere! Copyright (c) 2004 by the Consortium for Entrepreneurship Education Copyright Notice The National Content Standards for Entrepreneurship Education and related Toolkit are the property of the Consortium for Entrepreneurship Education. Individuals and organizations interested in developing new products, programs and initiatives to support entrepreneurship education are granted permission to download, copy, and use all or parts of the Standards and Toolkit on the condition that credit is given to: The Consortium for Entrepreneurship Education, Columbus, Ohio

CA Entrepreneurship Standards Marketing & Sales Industry Sector Marketing & Sales Industry Sector Entrepreneurship Pathway Entrepreneurship Pathway Many industry sectors – Many industry sectors – –Foundation Standard –History/Social Studies

US Chamber of Commerce

U.S. Labor Market Entrepreneurial activity Important to job growth Higher in the United States than in Europe Global Enterprise Monitor – –project collected comparable data – –sample of 10 industrialized countries – –measure the level of entrepreneurship – –study the relationship between business creation – –economic growth internationally

Global Enterprise Monitor

College Studies Entrepreneurial Studies or Small Business Administration Entrepreneurial Studies or Small Business Administration –Collegeboard.com Entrepreneurship Entrepreneurship –Coin3.com

19 Product Innovation Activity Small groups Small groups Only materials given Only materials given –not all must be used Create a totally new product Create a totally new product Present your idea Present your idea

20 Product Innovation Activity Present your idea 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. age, gender, needs, interests, etc. –Price

Product Innovation Enthusiasm Enthusiasm Team Work Team Work Limited Resources Limited Resources –Improvising and using what you have Introduction to Marketing Introduction to Marketing Flexible time Flexible time

NFTE Activities Network For Teaching Entrepreneurship Network For Teaching Entrepreneurship Program Offices Program Offices –Bay Area –Los Angeles –Fresno – Lyles Center for Innovation and Entrepreneurship – Fresno State

NFTE

CA$H Business Academy Pursue Your Passion in Business California Partnership Academy California Partnership Academy Established 2008 Established 2008 Grades 10 – 12 Grades 10 – 12 Entrepreneurship Focus Entrepreneurship Focus Subjects Subjects –Business –English –Math –History

Why Entrepreneurship Business Academy Business Academy Established courses Established courses –Finance and Business –Information Technology –Marketing & Sales Business skills necessary for success in any industry sector business Business skills necessary for success in any industry sector business

Initial Design Career Exploration Career Exploration Introduction to Business Introduction to Business Specialization Specialization Team of Experts working together Team of Experts working together

Current Pathway YearCourseContent 9 th Jump StartCareer Explor, Cmptr App, Character Dev, Personal Finance 10 th Virtual BusinessIntro to Business 11 th ROP Accounting & Fin. ROP Office Technology Bookkeeping, VITA Marketing, Office Suite 12 th ROP Communication Tech ROP Entrepreneur Econ (articulated course) Web Design, Communication Econ, Entrepreneurship, Bus. Plan (Intro to Entrepreneurship) CC 1Entrepreneurship LabWork with business partners refining business plan CC 2New Venture LabEstablish business

Post-Secondary Partners Allan Hancock College Allan Hancock College Questa College Questa College Santa Barbara City College Santa Barbara City College Fresno State Fresno State Cal Poly SLO Cal Poly SLO Antioch University Antioch University

Middle School Partners Lompoc Valley Middle School Lompoc Valley Middle School Vandenberg Middle School Vandenberg Middle School

Business Partners Lompoc Chamber of Commerce Lompoc Chamber of Commerce Lompoc Valley Women in Chambers Lompoc Valley Women in Chambers Rotary International – Lompoc Rotary International – Lompoc Lompoc Valley Medical Center Lompoc Valley Medical Center City of Lompoc City of Lompoc

Our Business Marketing / Sales of Products Marketing / Sales of Products Lompoc = Valley of Arts & Flowers Lompoc = Valley of Arts & Flowers Garden Products Garden Products Expand to Student- Created Products Expand to Student- Created Products

Future Business Leaders of America – FBLA Chapter continuous for over 30 years Chapter continuous for over 30 years 61 paid student members 61 paid student members Teach leadership skills Teach leadership skills Conferences and Competitions Conferences and Competitions Business tours Business tours Community service Community service Monthly luncheons Monthly luncheons

Middle Level FBLA Demonstration Site Grant Demonstration Site Grant Both Middle Schools Both Middle Schools Career Exploration Camp Career Exploration Camp –Academy students as camp counselors –FBLA Advisers as teachers

Internships Chamber of Commerce Chamber of Commerce –6 week rotations VITA Program VITA Program Summer Camp Summer Camp Workforce Investment Board Workforce Investment Board –Summer Youth Employment Jobs Garden Business – selected positions Garden Business – selected positions

ENTREPRENEURSHIP PROGRAMS Special Opportunities for Youth 1.Orientation to change and opportunities everywhere 2.Student motivation based on opportunity to use personal skills and talents 3.Understanding that success and wealth comes to those who create something that benefits others 4.Belief that entrepreneurship experiences of any kind develop expertise over time 5.Establish entrepreneurship curriculum that provide students with * educational rigor, * real world relevance, and * connections to adult world relationships.

Summary Entrepreneurship is growing Entrepreneurship is growing Encourages students to problem-solve Encourages students to problem-solve Prepare students for success Prepare students for success –Own business –Employee –Student

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Entrepreneurship A Pathway to Success Sue Coupland Lompoc High School CA$H Business Academy

Entrepreneurship Resources Consortium for Entrepreneurship Education – Consortium for Entrepreneurship Education – Network For Teaching Entrepreneurship – Network For Teaching Entrepreneurship – Chamber of Commerce – American Free Enterprise - Chamber of Commerce – American Free Enterprise -

for more info Sue Coupland CA$H Business Academy Lompoc High School

Entrepreneurship Competitive Opportunities FBLA FBLA NFTE NFTE SAGE SAGE Think Quest Think Quest Mitsubishi Mitsubishi