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haleema haleema is offline
Entrepreneur
Join Date: Jul 2005
Posts: 36
Flash-Buzz-Beep!!!

Guess what!!
Im Deputy MD of this young enterprize company that we're doing at college! cant believe it!
thought id mention that, sorry, just really excitied about it, my freind is MD of it so she even worse than me at the moment!!

anyway, havent been here for ages, how is everyone? and how are everyones businesses and future businesses going?
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Incepto Incepto is offline
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Join Date: Mar 2005
Location: UK
Posts: 1,093
I really enjoyed Young Enterprise at School, even though we didn't break even! (I blame it on me not being the MD :-P )

Do you know what type of business you're doing yet?
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haleema haleema is offline
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Join Date: Jul 2005
Posts: 36
lol
we dont know anything we only started last week lol
what did you do?
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Incepto Incepto is offline
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Join Date: Mar 2005
Location: UK
Posts: 1,093
We started a small gift shop....which never really took off :-(
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haleema haleema is offline
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Join Date: Jul 2005
Posts: 36
lol aw
Well atleast u know what not to do now! We were brainstorming ideas and the only things we've come up with are selling those usb pen drives or what ever they're called beacuse the teachers are telling all students they need them and other things people in our college need. We dont really know whether we will stick with that though.
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Inzvestor Inzvestor is offline
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Join Date: May 2004
Posts: 179
Just a small tip (and not to tke anything away from your excitement) - positions and heirachy mean nothing without Teamwork.

Focus more on working as a team than the positions within the organisation.

You'll achieve more when everyone is equal.
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haleema haleema is offline
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Join Date: Jul 2005
Posts: 36
ye i know that already!
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richard.h's Avatar richard.h richard.h is offline
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Join Date: Oct 2004
Posts: 236
The Young Enterprise thing disappointed me in school.

The way i see it, you've got a real opportunity to do something great with it. You can generate press coverage really easily in local papers, which gives you a nice little tool when you come to doing deals with other businesses.

You've also got the "nice" thing going for you - you're a group of schoolkids getting involved in business: "awww how cute - let's go out of our way to help them out".

No one had "the balls" to try and do anything big or challenging; instead we made "house number signs". zzzzzzz.

My advice would be to think big, and use the opportunity to do something you couldn't normally do.

Like with the usb storage idea... don't try to sell them 1 by 1 to the students, go to the college "headermaster" and put a deal to him to buy the devices/subsidise them for all students. If there is a budget for this type of thing then hit all the schools in the area.

Good luck with it and don't let the whingers and nay-sayers hold you back
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haleema haleema is offline
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Join Date: Jul 2005
Posts: 36
hey thanks for the advice,I didnt really think of it in that way before!
thanks!
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Phil Phil is offline
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Join Date: Mar 2003
Location: London
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You could make this a test run for any future business plans you may have. It'll allow you to test the waters for a certain product range and give you a head start on creating business plans and things. You'll just have to hope that no-one else in your team has the same idea
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ii3mhz ii3mhz is offline
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Join Date: Aug 2005
Location: /home/chair
Posts: 174
;O i didnt even get to do anything like this at school ;( damn it
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Play!! Play!! is offline
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Join Date: May 2005
Location: Wonderland
Posts: 1,399
Same here, we didnt have any enterprise thing at school.

Richard does have a point there about press coverage being easier to get. Add to that a percentage of what you earn will go to charity and your press releases should get picked up quickly if they are writen properly.

Definatly a decent oppertunity. Well done and good luck.
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