This week, we have been celebrating Enterprise Week, a week that we always love and enjoy! Throughout the week, we have been working as our own companies, designing and making products to sell to other classes for £1 each. Our aim was to make a profit that we could then use to buy something for our class to love and enjoy.
We began on Monday by creating our company name, logo and slogan. Our chosen product was scoubidous, and we decided on the name Scoubas, with the slogan ‘Scoubas are in the Scobiz!’ We explored a range of familiar logos, noticing how many popular brands use primary colours and simple shapes to make their designs recognisable. We used this as inspiration for our own logo, while ensuring that it was unique to our company.
We also wrote persuasive scripts in preparation for our Enterprise assembly, where we would have the opportunity to advertise our products and encourage other classes to place their orders.
Throughout the week, we were fortunate to welcome two parents who shared their experiences of working in different industries. Our first visitor spoke to us about working in IT, introducing us to the history of computers and the different career opportunities available within the industry. We also explored what salaries in IT might look like, giving us an interesting insight into possible future careers. Our second visitor introduced us to the world of shares and the stock market. We took part in a group activity involving buying and selling shares, helping us to understand how the market works and why the value of shares can rise and fall.
We also welcomed a visitor from Barclays Bank, who delivered an informative workshop about gambling and debt, encouraging us to think carefully about financial decisions and the importance of managing money responsibly.
On Wednesday, it was time to present our products during our Enterprise assembly! Some of us performed our persuasive scripts, and our advertising clearly worked, as we received around 90 orders to complete! This was in addition to the scoubidous we were making for ourselves, which we were also very keen to purchase!
The rest of the week was spent creating our products, including a range of colourful scoubidous and mystery bags to add an extra element of excitement for our customers. Our mystery bags included four different categories: Common, Rare, Epic and Legendary (as well as Scuba Specials).
We had some scoubidou experts in the classroom who were fantastic at supporting others, but we were particularly impressed by the resilience shown by everyone. Making scoubidous was certainly tricky to begin with, but we continued practising, learning from our mistakes and helping one another improve.
Our teamwork was another real highlight of the week. We organised ourselves into different teams, each taking responsibility for different parts of the process. At various points, we even had our own production line running! We demonstrated excellent reciprocity, sharing our skills, supporting one another and working together to complete our orders. We were still busy making products right up until Friday to ensure that all of our customers received their purchases. It’s safe to say that our hands were rather sore by the end of the week!
To finish, we reflected on the learning powers we had demonstrated throughout Enterprise Week, particularly our resilience and reciprocity. We also considered the financial side of running a business, looking at our sales, the cost of our materials and how we could calculate our overall profit. We are now looking forward to deciding how to spend our earnings on something that our whole class can love and enjoy!
It has been a fantastic week of creativity, collaboration and problem solving, giving us a valuable insight into what it takes to run a successful business.
What do you think is the most important quality needed to run a successful business, and how did you demonstrate this during Enterprise Week?
I think that teamwork, resilience, creativity and determination are some of the most important qualities needed to run a successful business. During Enterprise Week, we demonstrated all of these qualities while working together to create and sell our scoubidous. At the beginning of the week, we used our creativity to design our company logo, choose a name and create a catchy slogan, ‘Scoubas are in the Scobiz!’ We also wrote persuasive scripts to advertise our products and encourage other classes to place their orders. This helped us develop our communication skills and understand how important advertising is when running a business.
Throughout the week, we showed excellent teamwork by organising ourselves into different groups, sharing responsibilities and helping one another whenever we needed support. Some of us were already experts at making scoubidous, so they kindly shared their knowledge and taught others how to improve. Although making the scoubidous was quite tricky at first, we demonstrated resilience by not giving up, learning from our mistakes and continuing to practise until we got better. We also showed reciprocity by sharing our skills, encouraging our classmates and making sure everyone had the opportunity to contribute to our company’s success.
Another important quality we demonstrated was determination. After receiving around 90 orders during our Enterprise assembly, we knew that we had a lot of work to do! We worked incredibly hard to make enough colourful scoubidous and mystery bags for all our customers, even when our hands became sore from making so many. We also used our problem-solving skills to organise a production line, which helped us work more efficiently and complete our orders on time. Our creativity was particularly important when designing our mystery bags, which included different categories such as Common, Rare, Epic and Legendary, as well as our special Scuba Specials. This made our products more exciting and encouraged customers to buy them.
Finally, we learnt that a successful business is not just about making lots of sales or earning money. It is also about managing money responsibly, understanding costs, calculating profit and making sure customers are happy with their purchases. We explored how our sales and the cost of our materials would affect the amount of profit we made, which helped us understand the financial side of running a business. Overall, Enterprise Week taught us that teamwork is especially important because, when everyone shares their ideas, supports one another and works towards the same goal, we can achieve far more together than we could individually. I am proud of how our class showed resilience, reciprocity, creativity and determination throughout the week, and I think these qualities helped make Scoubas a successful company!
It was really fun making Scoubis. And I love the slogan which was Scoubis in the Scoubiz!!!!!!!!!
I loooooooooooooved making scoubies , it was the best Enterprize Week thing we made so far! Thank you soooooooooo much Miss Forster Adams!!!!!!!!!!!!!