Transcript Slide 1

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Non-profit 501 (c) (3) organization
Active since early 1985
Presence in 94 of North Carolina’s 100 counties
including:
• 8 middle schools
• 37 high schools
• 55 post-secondary educational institutions
• 36 community-based and economic development
organizations
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To develop entrepreneurial talent through action
learning and to foster the creation of sustainable
enterprises throughout North Carolina, with special
emphasis on rural communities
REAL Entrepreneurship is NC REAL’s entrepreneurship
education program. It helps young people, adults, schools,
communities, and rural America grow through hands-on
entrepreneurship education. REAL prepares individuals to be
active, self-sufficient, and productive citizens. As
entrepreneurs and people with the knowledge and
confidence they gain from learning how to run a business,
they contribute to community and economic development.
In high schools, afterschool and out-of-school programs, post
secondary educational institutions and community based
organizations, REAL Entrepreneurship guides students through the
process of creating small businesses of their own design. The
process includes:
 Self-assessment to determine students' potential and existing
marketable strengths,
 Community analysis to identify needs and trends in the local
economy,
 Researching/writing a comprehensive business plan for a student's
chosen enterprise, and
 Start-up support for participants who choose to open and operate
enterprises.
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Who’s Minding the Store?
◦ A guide for educators working with school-based
enterprises
◦ Activities and strategies for creating and operating
innovative and productive school-based enterprises as
learning experiences
◦ Partnership between REAL and National Center for
Research in Vocational Education
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Two main issues:
◦ How can we establish and operate a successful SBE which
provides a context for students to learn a range of academic
and career-oriented skills?
◦ How can we provide a meaningful experience for students in
an SBE that is already up and running?
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Use student-centered learning
◦ Experiential Learning Cycle (ELC)
◦ Kolb’s Learning Styles
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Act as an “intrapreneur”, or entrepreneurally within
the constraints of the school system
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Act as an “intrapreneur”
◦ Have a plan and clear objectives
◦ Know your limitations and find allies who can help
◦ Treat other stakeholders as customers (what do they have to
gain?)
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Ask the following questions:
◦ Are you willing to commit time to helping run a business?
How much?
◦ Are you willing to try a variety of approaches to teaching?
◦ Are you willing to give up some control of your classroom?
◦ What are you willing to risk?
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Are you willing to risk:
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The enterprise losing money initially?
The enterprise closing because it is unprofitable?
Competing with other enterprises or fundraising efforts?
Dealing with inappropriate advertising?
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Commitment
Control
Cash
Continuity/closure
Community
Cooperation
Curriculum
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Commitment
◦ How do we build student ownership of a new or existing
enterprise?
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Control
◦ How do teachers learn to “step back” so students can
experience the responsibility that comes with control?
◦ How should the business be structured so that students,
teachers and administrators have the control they need?
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Cash
◦ How do we know if the enterprise is covering its operating
costs?
◦ How do we ensure that moneys are handled honestly?
◦ What do we do with the SBE’s profits?
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Continuity and Closure
◦ How do we bring in and orient new students so they can
manage the business effectively and creatively?
◦ How do we evaluate the SBE experience for and with students
at the end of their tenure?
◦ When should the SBE be closed?
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Community
◦ What is the market the enterprise serves?
◦ What is the business’ niche?
◦ How will the business avoid competition with other in-school
income generating ventures or businesses in the wider
community?
◦ What are the social benefits of the enterprise?
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Cooperation
◦ How will students learn to work together effectively?
◦ When will students be able to meet to discuss management of
the business?
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Curriculum
◦ What do we expect students to learn through their experience
in the business?
◦ What are the expected learner outcomes?
◦ How can the SBE integrate with other courses?
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Identify students and stakeholders
Engage them in setting goals and objectives
Choose a business idea
Write the business plan
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Periodic re-planning
Specific projects to improve how the SBE functions
Set and assess learning objectives for student
achievement
Integrate the SBE with academic disciplines
Recruit and orient new students
Food From the ‘Hood (FFH) www.foodfromthehood.com at
Crenshaw High School in Los Angeles is an example of a SchoolBased Enterprise that blends good business with good citizenship.
Created in response to the riots in South Central Los Angeles in
1992, FFH adapted the REAL curriculum to create a garden at the
high school where students grew organic produce for sale to local
residents. This SBE met an important community need, since
many grocery stores had been destroyed in the riots. The SBE has
evolved over time; today, students continue to maintain a garden
and in addition create recipes for salad dressings which are
produced by a local salad dressing bottler. Students learn
horticulture and nutrition along with how to operate a successful
business. Profits from the business are used to provide
scholarships for its student-owners.
At Kennnesaw Mountain High School in Georgia, a class
of special education students created and now run a
coffee shop called the Mountain Top Café,
www.mountaintopcafe.com. Their dedicated teachers adapted the
REAL curriculum for use in a special needs classroom, and the
school and local businesses responded with the supplies to make
the students’ business a reality. Teachers and students buy freshly
made coffee and hot drinks, and teachers can even order drinks
online to be delivered to their classroom door. This innovative
School-Based Enterprise gives intellectually disabled students the
chance to develop genuine workplace skills and interact with the
larger school community.
3739 National Drive, Suite 110
Raleigh, NC 27612
phone: 919-781-6833
www.ncreal.org