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Session 7: Pre-Teen: The Business Plan

Updated: May 11


Welcome to Session 7! Let's play a game!


Icebreaker!


"I Have Spoken": In a circle, students get the chance to say as much (or as little) as they want about anything in 20 seconds. At the end of their time, they say, "I have spoken," and everyone replies "Ho!" Then the turn passes to the next person in the circle. Play for 5 -7 minutes.

Session 7: Developing A Business Plan

  • Class Activity: Develop A “Rough-Draft” Business Plan

  • Class Activity: LIFE GOALS (Write out your goals)



CLASS ACTIVITY: Business Plan


(If Possible) Copy and paste the following information into a word processing document so you can type out your answers. (i.e. Google Docs/Word). Also, have an open discussion with the students in the class regarding some of these questions!


BUSINESS FOUNDATIONS

What is your general interest?

What is your niche?

What is the name of your business?

What is the significance of the name of your business?

What type of products do you want to sell?


MARKETING

Why will people buy your products?

Who will be your customers/audience?


Describe/identify your target customer with as much detail as you know.

How could you market your products?

Who else could help you sell your products?


Pricing

How much would you sell your products for?


 

CLASS ACTIVITY: LIFE GOALS


What are your main goals in life?

What would you do if you earned a lot of money?


  • TYPE THESE ON THE SAME PAGE AS YOUR BUSINESS PLAN

  • ANSWER THE QUESTIONS IN GOOGLE DOCS

  • LET'S CHAT ABOUT THESE IN CLASS!



 



 


VIDEO NOTES AND TRANSCRIPTION



Developing a Business Plan


BUSINESS PLAN


A business plan is a written document to help others understand your business. Even though a print-on-demand business requires little to no start-up costs, it’s a good idea to go through the process of creating a business plan anyway. Try to complete the questions in this section to the best of your ability. It will help lay the foundation for a successful business!


(If Possible) Can you copy and paste the following information into a word processing document so you can type out your answers? (i.e. Google Docs/Word). Also, have an open discussion with the students in the class regarding some of these questions!


BUSINESS FOUNDATIONS

What is your general interest?

What is your niche?

What is the name of your business?

What is the significance of the name of your business?

What type of products do you want to sell?


MARKETING

Why will people buy your products?

Who will be your customers/audience?


Describe/identify your target customer with as much detail as you know.

How could you market your products?

Who else could help you sell your products?


Pricing

How much would you sell your products for?

Redbubble profits are about 20% of the sale price.

If one product sells for $20….How much money would you make per product?


Class Activity: Develop A “Rough-Draft” Business Plan Using this as a template.


Class Activity: GOAL SHEET What are your main goals in life? What would you do if you earned a lot of money?

------------------------------------------------------------------------------------------------- Life is so much more meaningful when our main purpose in life becomes helping others, financially or otherwise. Help others less fortunate than you, and you will experience JOY beyond explanation. -------------------------------------------------------------------------------------------------



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