Marshmallow Mondays


Entrepreneurs
03.26.15, 8:34 AM
Filed under: School Days | Tags: , ,

For the past few weeks, Rydan and his fellow fifth grade students have been studying Economics and learning the ins and outs of becoming a business owner, in preparation for the Entrepreneur Fair. Students had to come up with a good or service to sell, and could choose to work independently or team up with a partner.

Together, Rydan and his friend, Carson, formed C&R Tags, and decided to sell Minecraft Dog Tags. Their advertising method used a famous person, Marcus “Notch” Persson, Minecraft Creator, to help promote their dog tag necklaces, which are specially “Crafted For Your Neck.”

Part of their assignment was to design a poster for their business that included their business name, slogan, product, and prices.

Part of their assignment was to design a poster for their business that included their business name, slogan, product, and prices.

The boys had to borrow money from their parents to purchase supplies to make their products, and then come up with prices that would hopefully make them a profit.

Rydan and Carson’s product line consisted of dog tag necklaces, key chains and door hangers. Most of their tags featured Minecraft characters, but they also included a Minion and Olaf tag to attract female buyers.

Keychains.

Keychains

Necklaces.

Necklaces.

Door Hangers.

Door Hangers.

On Tuesday evening, the Entrepreneur Fair was open to parents and students. Each business had a booth set up with their products for sale. Then on Wednesday during school, elementary students had another opportunity to purchase items.

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Lily helped out by modeling the Olaf necklace.

Lily helped out by modeling the Olaf necklace.

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Carson’s very talented mother made t-shirts for them to wear.

This was a great learning experience for the students, as they learned a lot about what it’s like to be a business owner. C&R Tags ended up with a profit of $46, which was something to be proud of for both boys. Rydan burst through the door yesterday afternoon proudly holding his share of their profit, and handed me an envelope with the $30 loan I had given him to buy supplies. He was so excited about being able to pay me back and also have some money for his pocket.

Way to go, boys!

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