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Why is this project needed?. GEM – Global Entrepreneurship Monitor Can’t expect Schools to do it all Unemployment is high Andy Andrews – “Business should take a cane to education!” 7% of school leavers gain employment in formal sector 40% graduates struggling to find employment
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Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Why is this project needed? • GEM – Global Entrepreneurship Monitor • Can’t expect Schools to do it all • Unemployment is high • Andy Andrews – “Business should take a cane to education!” • 7% of school leavers gain employment in formal sector • 40% graduates struggling to find employment • 8% retire on a livable income We need more successful Entrepreneurs! Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Why is entrepreneurship so important? • Entrepreneurship • Economy changing • Provide new and innovative solutions to problems • Large corporations, NGO’s, public sector • Not limited to new business creation or small business • Entrepreneurs • Self-confidence • Persistence • Passion • Desire to achieve • Adaptability • Ability to take risks Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
How do you create an entrepreneur? • Education – from a primary school age • Parental involvement • Channel the natural energy • Not everyone is an entrepreneur, but.. • All careers can benefit from learning about entrepreneurship Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Endorsements and Sponsorship • Shuttleworth Foundation - 2005 • Raymond Ackerman & Pam Golding endorsed the Business Parenting course in - 2005 • Hout Bay Business Opportunity Forum - HBBOF • Ackerman Pick n Pay Foundation - 2008 are supporting the Hout Bay Project Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
The Ka-Ching! Philosophy • Teach entrepreneurship, financial awareness, life-skills and wealth creation • Use relevant stakeholders such as schools and families • Start young Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Programmes • Teacher’s Guide – step-by-step • International networking and membership for life • Certification • Business Parenting Course – involve parents at home • Build relationships – ‘Building Business, Bonding Families’ • Department of Education’s involvement • Ongoing training and support for EMS teachers and parents Business Parenting Course Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Course Detail – School & Parents • Financial management • Pocket money • Responsibilities • Cost of living • Business development • Business models • BRONZE – stage one 6 – 7 years: Ad hoc tasks • COPPER – stage two 8 – 10 years: Four week commitment • SILVER – stage three 10 – 12years: Six week commitment • GOLD – stage four 11 – 13: Eight week commitment • PLATINUM – stage five 12 – 14: Ten week commitment • Business ventures • Wealth creation • Investing, saving, stock exchange • Success skills Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Success Skills • The following skills are covered in the Business Parenting Course • Brainstorming • Mind mapping • Memory training • Thinking skills • Self-assessment, goal setting and forward planning • Problem solving • Business meeting procedure • Public speaking Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Entrepreneurship and Leadership Course • For adults • Develop appropriate mindset and self-belief • Compulsory lectures • Traditional business training • Internet and Computer training • Support with actual business start-up and beyond • Involve network of support services – Khula, SEDA, Business Schools, SETA’s. • Repayment of ‘moral loan’ Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Key Success Factors of the Project • Buy-in, commitment and involvement of all relevant stakeholders: schools, forums, business, DoE, parents, learners, church groups, entrepreneurship partners, mentors, coaches, • Measurable • Sustainable • Ongoing training, support and motivation for all concerned • Sponsorship Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Important Dates • Recommend teacher training end 2nd term – two sessions? • 17th July 2008 media and community launch • 28th July 2008 – schools, families and adults go! Gives us 5 months! • School terms: 3rd Term 14th July – 26th September. 4th Term 6th October – 5th December 2008. • Special grade 7 Company Trading Programme. Midge Hilton-Green Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
Before Commencement • Location for lectures – teachers, adults, parents • Computer centre for adult training • Interested families will need to complete an application form • Sponsorship Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7
The Next Steps • Please complete the enclosed questionnaire • Any questions? Call: 0860-639-929 Visit: www.ka-ching.co.za Email: info@ka-ching.co.za Ka-Ching! Foundation Fundraising Trust – IT 1520/2006 NPO Number: 052-596 SARS Reg No: 0215/925/15/7