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FORTUNE SEEKERS- FORTUNE SEEKERS- TURNING IDEAS INTO TURNING IDEAS INTO CASH! CASH! YOUTH ENTREPRENEURSHIP CAMP YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 November 15, 2010 Presenters: Malinda Todd and Arlene Presenters: Malinda Todd and Arlene Childers Childers NC REAL Staff NC REAL Staff

FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

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Page 1: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

FORTUNE SEEKERS-FORTUNE SEEKERS-TURNING IDEAS INTO TURNING IDEAS INTO

CASH!CASH!

YOUTH ENTREPRENEURSHIP CAMPYOUTH ENTREPRENEURSHIP CAMP

November 15, 2010November 15, 2010

Presenters: Malinda Todd and Arlene ChildersPresenters: Malinda Todd and Arlene ChildersNC REAL StaffNC REAL Staff

Page 2: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Slogan MatchSlogan Match

Pick a slip of paper with either a Pick a slip of paper with either a slogan or the productslogan or the product

Find the match to your slip of paperFind the match to your slip of paperExEx. Just Do It . Just Do It goes with goes with NIKENIKE

Move to the wall with your partnerMove to the wall with your partner When everyone has found their When everyone has found their

match share your slogan and product match share your slogan and product with the groupwith the group

Page 3: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Slogans Make Your Product Slogans Make Your Product Memorable!Memorable!

Page 4: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

NC REAL Enterprises Grows NC REAL Enterprises Grows Entrepreneurship By:Entrepreneurship By:

Training teachers Training teachers Developing timely, hands-on Developing timely, hands-on

entrepreneurial curriculum. entrepreneurial curriculum. Supporting local entrepreneurship Supporting local entrepreneurship

programs in:programs in:– 50 K-12 Schools50 K-12 Schools– 57 Post-Secondary including 54 Community 57 Post-Secondary including 54 Community

CollegesColleges– 40 Community Based Organizations40 Community Based Organizations

Page 5: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Experiential Learning CycleExperiential Learning Cycle

Application Experience

Expansion Reflection

Page 6: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

What an What an Entrepreneurship Entrepreneurship Camp Looks LikeCamp Looks Like

Page 7: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Day 1Day 1

Students learn about what it means to be Students learn about what it means to be an entrepreneuran entrepreneur

Students learn about small businesses in Students learn about small businesses in their communitytheir community

Students are assigned business teamsStudents are assigned business teams Students work with team to create a Students work with team to create a

business idea business idea Students present the idea to a Banker for Students present the idea to a Banker for

a loana loan

Page 8: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Day 1Day 1

Page 9: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Day 2Day 2

Teams learn about making Teams learn about making commercialscommercials

Students hear from a local Students hear from a local entrepreneurentrepreneur

Students learn about business image Students learn about business image and marketingand marketing

Teams start creating marketing tools Teams start creating marketing tools for their businessfor their business

Page 10: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Day 3Day 3 Students hear from a local Students hear from a local

entrepreneurentrepreneur Students participate in marketing Students participate in marketing

activitiesactivities Students work on the marketing and Students work on the marketing and

operations for their businessoperations for their business

Page 11: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Day 4Day 4

Students learn about personal and Students learn about personal and business financialsbusiness financials

Teams develop financials for Teams develop financials for businessbusiness

Teams complete commercials for Teams complete commercials for their businessestheir businesses

Page 12: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Day 5Day 5 Teams complete their Teams complete their

business plansbusiness plans Teams practice Teams practice

presentationspresentations

Teams present Teams present their businesses their businesses and commercials and commercials to a panel of to a panel of judgesjudges

Judges award Judges award prizes to the prizes to the teamsteams

Party!Party!

Page 13: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Entrepreneurship Camp in Entrepreneurship Camp in ActionAction

Ashe County 4-H Entrepreneurship Ashe County 4-H Entrepreneurship CampCamp

Page 14: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff
Page 15: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

What Youth are Saying About What Youth are Saying About Entrepreneurship CampEntrepreneurship Camp

21 surveyed were asked, “Would you 21 surveyed were asked, “Would you attend the Camp again next summer?” attend the Camp again next summer?” 100 % – Yes100 % – Yes

"I like how we came up with good "I like how we came up with good business ideas from the games and business ideas from the games and activities."activities."

"I liked all the activities and group "I liked all the activities and group projects. Making our own business was projects. Making our own business was loads of fun."loads of fun."

Page 16: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

How Communities are How Communities are Making Making

Entrepreneurship Entrepreneurship Camps a SuccessCamps a Success

Page 17: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Partners, Partners, PartnersPartners, Partners, Partners

Many entrepreneurship camps are Many entrepreneurship camps are located and lead by the community located and lead by the community colleges with partnerscolleges with partners

Western Piedmont Community College Western Piedmont Community College partners with 4-H to include the camp in partners with 4-H to include the camp in their regular summer camps so they their regular summer camps so they manage the paperwork and instructionmanage the paperwork and instruction

Piedmont Community College partners Piedmont Community College partners with the local Chamber of Commerce and with the local Chamber of Commerce and the Chamber members provide lunchesthe Chamber members provide lunches

Page 18: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Use Speakers and Judges to Use Speakers and Judges to Recruit AdvocatesRecruit Advocates

Wilkes Community College invited Wilkes Community College invited local banker to serve as the loan local banker to serve as the loan officer for the student businessesofficer for the student businesses

Carteret recruits economic Carteret recruits economic developers, school administrators developers, school administrators and other community leaders to and other community leaders to serve as judgesserve as judges

Page 19: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Create Theme Camps That Create Theme Camps That Celebrate the Local Heritage or Celebrate the Local Heritage or

AmenitiesAmenities Carteret Community College and the Core Carteret Community College and the Core

Sound Waterfowl Museum held a Marine Sound Waterfowl Museum held a Marine Heritage Camp where students developed Heritage Camp where students developed businesses related to their island culturebusinesses related to their island culture

Saponi-Occoneechee Tribe is Hillsborough Saponi-Occoneechee Tribe is Hillsborough incorporated tribal culture into the incorporated tribal culture into the entrepreneurial lessonsentrepreneurial lessons

Western Piedmont incorporated farming Western Piedmont incorporated farming into their camp through field trips and into their camp through field trips and speakersspeakers

Page 20: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Actively Promote the CampActively Promote the Camp

Youth Entrepreneurship is a great way to Youth Entrepreneurship is a great way to raise attention for entrepreneurship in raise attention for entrepreneurship in

your communityyour community Invite the press, especially on days when Invite the press, especially on days when

students are doing activities students are doing activities Piedmont Community College has camp Piedmont Community College has camp

business teams present to their Chamberbusiness teams present to their Chamber Let schools know about the camp before Let schools know about the camp before

summer startssummer starts

Page 21: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

REAL Entrepreneurship REAL Entrepreneurship Camp Facilitator TrainingCamp Facilitator Training

Summer Camp- 2-day workshop on Summer Camp- 2-day workshop on planning and leading a youth summer planning and leading a youth summer campcamp

Training includes a workbook with Training includes a workbook with planning templates, sample agendas, and planning templates, sample agendas, and well over a weeks worth of REAL activitieswell over a weeks worth of REAL activities

Next training is January 20-21, 2010 in Next training is January 20-21, 2010 in RaleighRaleigh

Registration at Registration at www.ncreal.org

Page 22: FORTUNE SEEKERS- TURNING IDEAS INTO CASH! YOUTH ENTREPRENEURSHIP CAMP November 15, 2010 Presenters: Malinda Todd and Arlene Childers NC REAL Staff

Thank youThank youwww.ncreal.org

Arlene ChildersArlene Childers

Assistant DirectorAssistant Director

NC REAL EnterprisesNC REAL Enterprises

4168 Oak Hollow Dr.4168 Oak Hollow Dr.

Morganton, NC 28655 Morganton, NC 28655

phone: 919-491-7572 phone: 919-491-7572

[email protected]@ncreal.org

Malinda ToddMalinda Todd

Associate DirectorAssociate Director

NC REAL EnterprisesNC REAL Enterprises

3739 National Dr., Suite 3739 National Dr., Suite 110110

Raleigh, NC 27612Raleigh, NC 27612

Phone: 919-781-6833 Phone: 919-781-6833 x126x126

[email protected]@ncreal.org