Skyline High School marketing students presented their business plans to bankers and business people for a realistic look at what it would take to make their entrepreneurial dreams — earning a profit, doing something they love and serving their community — come true.
Skyline High School’s advanced marketing students are aspiring entrepreneurs, and they had the opportunity to showcase their skills in a recent classroom assignment. The challenge was to create a realistic business plan these young moguls could implement.
All of the plans focused on service-oriented occupations. They ranged from music lessons for elementary students and language translation assistance, to helping the elderly with their technological needs.
All the proposed services were high quality and half the price of the competition, yet they were-considered financially viable.
Once the student entrepreneurs fine tuned their plans, which included everything from a statement of purpose to a financial statement, they presented their plans to a panel of experts.
The exercise was based on the ABC-TV show “Shark Tank.” The invited sharks were Skyline High School counselors, Wells Fargo bankers and business professionals from throughout the community.
After pitching their plans, students waited with baited breath to find out the results. Would the sharks fund their ventures?
Students overwhelmingly impressed the experts with their plans. The panel offered helpful advice, strategies and feedback so the students could continue to improve their business plans in preparation for upcoming academic competitions.
While this exercise was fictional, it gave the students a realistic look at what it would take to make their entrepreneurial dreams — earning a profit, doing something they love and serving their community — come true.
Rachel Wendt is a student in Vicki Tolman’s advanced marketing class at Skyline High. Rachel also works as an intern in the Communications and Marketing Department of Mesa Public Schools.