Entrepreneurship: Gateway to Success

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

2. Presentation Content • Entrepreneurship Education • Fun Activity • Our Program

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

4. Entrepreneurial Mind-Set • Recognize Unmet Need • Often a problem • Develop a Solution • Initiate the Solution

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

6. Entrepreneurship Education is Important - Economic why? • 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 • 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

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

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

9. Lifelong Learning Model

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

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

12. Accelerating Entrepreneurship Everywhere! Copyright (c) 2004 by the Consortium for Entrepreneurship Education Copyright NoticeThe 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 www.entre-ed.org Consortium for Entrepreneurship Education www.entre-ed.org

13. CA Entrepreneurship Standards • Marketing & Sales Industry Sector • Entrepreneurship Pathway • Many industry sectors – • Foundation Standard 10.3.5 • History/Social Studies

14. US Chamber of Commerce

16. 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.1 1http://www.bls.gov/opub/mlr/2000/07/art1full.pdf

17. Global Enterprise Monitorhttp://www.bls.gov/opub/mlr/2000/07/art1full.pdf

18. College Studies • Entrepreneurial Studies or Small Business Administration - 3845 • Collegeboard.com • Entrepreneurship - 245 • Coin3.com

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

20. Product Innovation Activity 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. Price

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

22. NFTE Activities • Network For Teaching Entrepreneurship • Program Offices • Bay Area • Los Angeles • Fresno – Lyles Center for Innovation and Entrepreneurship – Fresno State • www.nfte.com

23. NFTE

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

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

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

27. Current Pathway

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

29. Middle School Partners • Lompoc Valley Middle School • Vandenberg Middle School

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

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

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

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

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

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

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

37. Email for more info Sue Coupland coupland.susan@lusd.org David Dean dean.david@lusd.org www.lhscash.org

38. Printed Handout • Next 3 slides

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

40. Entrepreneurship Resources • Consortium for Entrepreneurship Education – www.entre-ed.org • Network For Teaching Entrepreneurship – http://nfte.com • Chamber of Commerce – American Free Enterprise - http://www.freeenterprise.com/center/

41. Email for more info Sue Coupland coupland.susan@lusd.org www.lhscash.org CA$H Business Academy Lompoc High School 805-742-2956

42. Entrepreneurship Competitive Opportunities • FBLA • NFTE • SAGE • Think Quest • Mitsubishi