Retail and Hospitality - Entrepreneur  

The Shark Tank!

 The Shark Tank!

 Primary Middle Secondary

Australian Curriculum General Capability: Numeracy

Australian Curriculum General Capability: Personal and social capability

Australian Curriculum General Capability: Literacy

Australian Curriculum General Capability: Critical and creative thinking

Cooperative Learning Activity

1. You are to set up a copy of the real TV show "Shark Tank" within your class.

Old Judges

To get an idea of the show, watch any number of YouTube Videos, here.

One team of 6 is to be the panel  - the Teacher will be the chair while the other 5 students are to be

• Naomi Simson (RedBalloon)

• Davie Fogarty

• Sabri Suby

• Robert Herjavec

• Catriona Wallace
     

Research these personalities, their strengths and weaknesses by watching the show. What appeals to each of them? 

This student Shark Tank Team is to develop criteria to rate each of the new ideas they will hear. There should be 5 - 10 criteria that can be applied to each idea so that comparison can occur. The Shark Tank Team is to publise their criteria before the other teams come up with their ideas. One criteria must be the cost of the idea to implement.

2a. The rest of the class is to divide into other innovative entrepreneurial teams - 3 to 5 students in each group. You are to think of the new idea and pitch your ideas about this new business to the "Shark Tank" panel.

Eg. Each team is to consider a new innovative idea that will make the school a better place for both students and teachers.

OR

2b. Use the following news article ABC 22 May 2017 about two brothers who have a business called "Funky Chickens". You are to use this idea to turn it into a more commercial idea across Australia rather than just Queensland.

OR

2c. You can consider a commercial idea or a social entrepreneurial idea.

If you take on a social entrepreneurial idea, make sure you have researched Lucas Patchett and Nic Marchesi [Life on the Job on this website ] or Muhammad Yunus (on DYK box).

3. Brainstorm your ideas as a group and come to consensus about which idea to pitch to the panel.

You need to consider:

• The reasons for this new idea - what benefits will it bring?
• Who is this innovation idea for?
• How easy will it be to implement?
• Does it involve technology to create it?
• How much will it cost?

4. Work out the answers to these questions and then create an elevator pitch.

Create an "Elevator Pitch". This is the selling part - it should be less than 1 minute long but effective! 

5. Each team is to convey their elevator pitch to the Shark Tank Panel. The Shark Tank Panel is to use their criteria to rank each team and be prepared to use persuasive arguments to convince the teams of their ranking. 

6. The whole class is to work out how this particular idea can be implemented around the school and sell the idea to the rest of the school at an assembly.

A Quick Quiz on Franchises in Australia

Primary Middle Secondary

Australian Curriculum General Capability: Personal and social capability

Australian Curriculum General Capability: Literacy

Cooperative Learning Activity

Teacher
You can download this quiz as a word doc. worksheet, here.

Students

1. With a partner, look at the three types of Franchises and note down their differences.

2. Fill in the following table from your knowledge:

3. How many are Australian owned? Do you know? Do you need to research and confirm? What surprised you?

4. How many of these franchises do you go to regularly? Or, do you know of them because they are in your area?

5. As a class, discuss your findings.

Young Change Agents: can you become one?

Primary Middle Secondary

Australian Curriculum General Capability: Numeracy

Australian Curriculum General Capability: Personal and social capability

Australian Curriculum General Capability: Literacy

Australian Curriculum General Capability: Critical and creative thinking

Australian Curriculum General Capability: ICT Capability

Cooperative Learning Activity

1. Young Change Agents is an Australian social entrepreneurship program for 10-18 year olds that helps our youth see problems as opportunities. It is a business but be inspired!

Research the Youth section where different students at a variety of schools have taken up the challenge.

What did these students do? What have the founders of Young Change Agents find?

In pairs, discuss and evaluate their business decisions.

2. Listen to the audio of The Drawing Room, 16 May 2016 where the host Patricia Karvelas talks to Jonathan Srikanthan and Margaret O'Brien, founders of YCA.

YCA is a new project which encourages children to see problems as opportunities.

They believe that you're never too young to learn how to make a difference.

Three of their protégés, Georgia Floristal, Tamanna Karimi and Dylan Nguyen describe what they have done as social entrepreneurs.

3. After listening to the students describing their ventures, which one did you like? Why? In pairs, discuss, brainstorm and mindmap what you think you could do as a social entrepreneur using Lucid Chart (it is free).

If you want to know more about Social Entrepreneurs, look at what the Young Australians of the Year 2016 have achieved with their idea of having a mobile laundry to help the homeless have some dignity with clean clothes.

Click here to learn about Nic and Lucas' and Orange Sky Laundry

4. Create a Presentation showing the rest of the class and maybe your school what you think would be a good social entrepreneur idea.

5. Implement the best of the class' ideas