Explore the Enterprise Challenge with The Prince's Trust
The Enterprise Challenge, organized by The Prince's Trust, is a school competition fostering entrepreneurial skills among young individuals in the UK and beyond. Participants engage in activities such as online games, business idea pitching, and mentor interactions to develop their business acumen and creativity. Dive into this exciting challenge to unleash your entrepreneurial potential!
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ENTERPRISE CHALLENGE
The Princes Trust The UK s leading youth charity supporting young people aged 11-30. Was set up by His Majesty King Charles in 1976. Offers a range of programmes nationwide aiming to help young people in their education, training, and employment including setting up your own business.
SESSION 1 WHAT IS THE ENTERPRISE CHALLENGE? A school competition run all over the UK and now internationally. Helps you to think about your entrepreneurial skills. Today you will develop your skills by playing our online pop-up shop game as well as pitching your own business idea. Enterprise Challenge | 3
SESSION 1 MEET YOUR MENTORS INSERT MENTOR NAMES Enterprise Challenge | 4
SESSION 1 ICE BREAKERS ICE BREAKERS Enterprise Challenge | 5
HIGHER OR LOWER ICE BREAKER HIGHER OR LOWER ICE BREAKER HIGHER or LOWER Enterprise Challenge | 6
NETWORTH DEFINITION Net-worth = the total of everything you own everything you owe Enterprise Challenge | 7
ICE BREAKER INTRODUCTION ICE BREAKER INTRODUCTION On the next 8 slides are images of different business owners. We want you to guess their net worth, and whether it s higher or lower than the last person Enterprise Challenge | 8
Millie Bobby Brown Actress/ Entrepreneur As well as being a famous actress Millie Bobby Brown launched her first beauty brand, Florence By Mills the makeup line is PETA-certified, cruelty-free, and vegan. Enterprise Challenge | 9
Do you think Millies net worth is HIGHERthan 10 million?
It is (Drum roll please) 13 Million Enterprise Challenge | 11
Did you guess our first one correctly? Next up we have Enterprise Challenge | 12
Serena Williams Tennis Player Enterprise Challenge | 13
If you think Serena Williams net worth is HIGHER than 13 million, stand up and shout higher in 3, 2, 1 Enterprise Challenge | 14
If you think Serena Williams net worth is LOWER than 13 million, sit down and shout lower in 3, 2, 1 Enterprise Challenge | 15
It is (Drum roll please) 220 Million Enterprise Challenge | 16
Ben Francis Founder of Gymshark Enterprise Challenge | 17
If you think Bens net worth is HIGHERthan 220 million, stand up and shout higher in 3, 2, 1 Enterprise Challenge | 18
If you think Bens net worth is LOWERthan 220 million, sit down and shout lower in 3, 2, 1 Enterprise Challenge | 19
It is (Drum roll please) 700 Million Enterprise Challenge | 20
Satoshi Tajiri Creator of Pokemon
If you think Satoshis net worth is HIGHERthan 68 million, stand up and shout higher in 3, 2, 1 Enterprise Challenge | 22
If you think Satoshis net worth is LOWER than 68 million, sit down and shout lower in 3, 2, 1 Enterprise Challenge | 23
It is (Drum roll please) 4.5 Billion Enterprise Challenge | 24
Anita Roddick Founder of The Body Shop
If you think Anitas net worth is HIGHER than 4.5 Billion, stand up and shout higher in 3, 2, 1 Enterprise Challenge | 26
If you think Anitas net worth is LOWER than 4.5 Billion, sit down and shout lower in 3, 2, 1 Enterprise Challenge | 27
It is (Drum roll please) 30 Million Enterprise Challenge | 28
What do all those people have in common? Enterprise Challenge | 29
SESSION 1 TEAM CONTRACT As a team we will Enterprise Challenge | 30
SESSION1 PASSION PITCHES Enterprise Challenge | 31
SESSION1 REFLECTION It's time for you to think about and rate your own enterprise skills. Use your reflection sheets to think about which skills you feel most confident in and which skills you d like to develop. Enterprise Challenge | 32
SESSION 2 SUSTAINABILITY What does sustainability mean? If something is sustainable, it can be carried on for a long period of time. Being sustainable means doing little or no harm to the environment. For example - throwing plastic bags away is not sustainable because the planet will eventually run out of landfill space. Enterprise Challenge | 33
SESSION 2 SUSTAINABILITY As we are playing the pop-up game remember to think about how your business could be as sustainable as possible. You could think about: The types of products you buy (are some more sustainable than others?) How you treat your staff (being sustainable also means thinking about the people who work for you. Think about their working hours and pay) Enterprise Challenge | 34
SESSION 2 GAME RUN THROUGH popupuk.princes-trust.org.uk Enterprise Challenge | 37
SESSION 2 PLAYING THE GAME: ROUND 1 When you play the game, remember to keep in mind your enterprise s ethics and impact on the environment, as well as making a profit and building hype! Play your first round of the game remember to do this on practice mode! Enterprise Challenge | 38
SESSION 2 TEAM HUDDLE After completing your first round of the game, use the first gameplay sheet to reflect on what you have learned as a team. Enterprise Challenge | 40
SESSION 3 PLAYING THE GAME: ROUND 2 Play the Enterprise game on practice mode again. Make sure you review your notes from the last session, so you know how you could improve this time. Enterprise Challenge | 41
SESSION 3 REFLECTION After completing your second round of the game, use the second gameplay sheet to reflect on what you have learned. Enterprise Challenge | 43
SESSION4 PITCHING YOUR ENTERPRISE You have now been successfully trading in your business for a whole year! Things are going well, and you are making a healthy profit. You are now interested in growing your business, but not sure how you can start to explore this. You would like to find someone that can help you, and by partnering with them you hope to use their knowledge and experience to expand your business. . Enterprise Challenge | 44
SESSION4 PREPARING YOUR BUSINESS PITCH Now complete the Preparing your Business Pitch Template page in your workbook. You could also write a script for your pitch and practice what you are going to say. Remember what makes a good business pitch and include what makes your business stand out and how it s sustainable! Enterprise Challenge | 45
SESSION4 PREPARING YOUR BUSINESS PITCH Enterprise Challenge | 46
SESSION4 PREPARING YOUR PITCH To help you get started with your business pitch here are some sentence starters: Hello we are Team . We will keep our business sustainable by Our business pitch is The business will help by The reason why you should invest in our business is We will market our business by Thank you for listening to our business pitch and we would welcome any questions. We will ensure our business is ethical by Enterprise Challenge | 47
SESSION4 PREPARING YOUR PITCH Remember to think about: Are you projecting your voice so all corners of the room can hear you? Keep your body language professional e.g. smile, make eye contact with your audience Do you look engaged even when you are not speaking? Is your presentation well-rehearsed? Have you covered all 6 questions? Have you decided who is speaking when? Enterprise Challenge | 48
SESSION5 PITCH TIME Enterprise Challenge | 49
SESSION6 CHALLENGE MODE You are now ready to play the Enterprise game in challenge mode! Before you start replaying, remember to look over your notes from the last time you played What will you do differently this time? Remember you can only play challenge mode once Good Luck! Enterprise Challenge | 50
SESSION5 REFLECTION After delivering your pitch and completing challenge mode, as a team reflect on how it went: What did you learn? What are you proud of? What would you do differently if you did the pitch again? Fill out the Business Plan Pitch, Self-Reflection page of your workbook. Enterprise Challenge | 51
SESSION5 CHALLENGE COMPLETED! Well done! You have now completed the Enterprise Challenge game. Enterprise Challenge | 52
FEEDBACK FORM We all need people who will give us feedback. That's how we improve" Bill Gates Type this address into your browser https://forms.office.com/e/YvYLuXS7uA Enterprise Challenge | 54
CHALLENGE COMPLETED! OUR WINNERS ARE .