We successfully finished our Entrepreneurial Adventure!
There were a lot of steps involved in this project!
We had to do some math to figure out how much each candy would cost:
We had to make some models:
We had to make some posters:
We wrote an announcement to read over the PA in the mornings:
Olivia: Hi St.Isabella students
the grade 4 TS class are here to tell you that we are selling origami boxes of stickers for Valentine’s Day.
Arianna: They are only $1.00 for one box or one box and 2 stickers for $1.25
Both: So come down and get a box to support the Humane Society.
We are selling boxes on Friday February 7th, Monday February 10th and Wednesday, February 12th in front of the gym.
We also wrote a post for the school Newsletter:
Mrs. Tschofen and the 4TS Students
The grade 4TS class is selling handcrafted Origami Boxes with stickers inside for
Valentine’s Day as part of our Entrepreneurial Adventure project to raise money for
the Calgary Humane Society. Prices are $1.00/box, and $0.25 per sticker or $1.25
for 1 box and 2 stickers. We will be selling on Friday, February 7th, Monday,
February 10th, and Wednesday, February 12th. Thank you for your support.
We practiced counting money so we could make our sales:
We had the opportunity to share what we have been doing with Bruce and Garry from the Entrepreneurial Adventure, our partner from the Bank of Montreal Janice, and Charmaine, who is the Religion consultant for our school board. The children worked in small groups to plan a short presentation to each of our guests. We also learned about how to greet guests, shake hands, make eye contact, and introduce guests to our group.
We did some Market Research to confirm that people would want to buy our products, and at what price. Click here to see our survey.
2014 Market Research for Valentine’s Candy Boxes
By ______________________________________________
Question 1: Which of these two boxes would you prefer? The Star Box or the Heart Box? (TABLE)
Question 2: For the box you have chosen, which of these colours would you prefer?
Red, Pink, Orange, Yellow, Green.
Question 3: For the box you have chosen, how much would you be willing to pay?
Less than $1.00, $1.00 or more than $1.00
Question 4: For the box you have chosen, which candy would you prefer? 2 pop rocks, 1 rocket, 1 heart sucker
STAR BOX
| StarBox |
Red |
Pink |
Orange |
Yellow |
Green |
-$1.00 |
$1.00 |
+$1.00 |
2 pop rocks |
rocket |
Heart sucker |
| Boys |
2 |
6 |
8 |
1 |
15 |
16 |
15 |
6 |
11 |
9 |
10 |
| Girls |
6 |
13 |
3 |
1 |
6 |
8 |
14 |
5 |
18 |
3 |
13 |
| Male |
0 |
0 |
4 |
1 |
2 |
1 |
4 |
1 |
2 |
1 |
3 |
| Female |
|
4 |
2 |
1 |
0 |
6 |
2 |
0 |
0 |
1 |
5 |
As part of our Market Research two of the children in our class interviewed Mr Orr, our principal. He gave us an unexpected answer to our question about which candy he would choose. He said he would prefer a healthy choice! As a result of this we did a little more research and had another class discussion. Some of the things we thought about was whether it would be a good idea to sell candy, especially to the little kids in Div 1. We know that there is a Health Club in the school and wondered how they would feel if we were selling candy. We found out that the school board asks schools not to sell/give away sugary treats. We also discussed how we know that some clubs have bake sales in the school, and many children expressed their concern that we would be able to make more sales if we sell candy.
This was an important moment in our business. We had an important decision to make: should we continue to sell candies, or try to find something else? The children had to weigh their desire to make as many sales as they can, in order to raise money for our charity against the possible negative impacts of selling candy. We discussed alternative things we could sell in the boxes, but could not come up with anything we agreed on. After much discussion we took a vote, and a small majority of children wanted to continue to sell the candy. As the CEO of the company I added my vote, which was to not sell the candy and continue to find an alternative. The class seemed split on this question for now.
After some more research we decided to sell valentines stickers instead, and all the children seemed satisfied with this decision.
Finally, we were ready to sell! Here are some pictures of our sales days:
The final step in our process will be to do a self-evaluation of what worked and what didn’t. Students, please complete the form below with as much detail as possible.
