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DC TRUST Guide 1023 - Children & Youth Investment Trust ...

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. Program gives young people the opportunity to identify and access their own<br />

entrepreneurial traits and explore ways in which they might be used.<br />

c. Program explores types of “Social Entrepreneurship” and how their success is measured<br />

in more than profit.<br />

d. Program guides young people in developing a personal plan to build their entrepreneurial<br />

strengths (e.g. practice pitching ideas, researching, organizing a team, prioritizing).<br />

e. Program brings in working entrepreneurs to speak on their motivations, skills and<br />

experiences.<br />

f. Program uses the work of both better- and lesser-known entrepreneurs to illustrate its<br />

instruction.<br />

2. Program identifies habits of mind that are conducive to entrepreneurial success.<br />

a. Program examines how to recognize market needs and turn them into entrepreneurial<br />

opportunities.<br />

b. Program analyzes how customer satisfaction is essential for success.<br />

c. Program focuses on the process of problem identification and solution.<br />

d. Program analyzes the benefits and methods of networking and mentoring.<br />

e. Program explores the value of ethics in relating to employees, customers and business<br />

partners, and examines ethical standards.<br />

f. Program provides young entrepreneurs with the opportunity to role-play situations<br />

where an entrepreneur must make a decision around business ethics.<br />

g. Program helps young people make the connection between school performance and<br />

interpersonal skills and aptitude for success as an entrepreneur.<br />

3. Program enables young people to analyze customer groups and develop a plan<br />

to identify, reach, and retain customers in a specific target market.<br />

a. Program identifies the differences between marketing and selling.<br />

b. Program explores the wide variety of ways that entrepreneurs get their message across to<br />

prospective customers.<br />

c. Program guides young people through the process of preparing a marketing plan for a<br />

prospective business.<br />

d. Program emphasizes the link between customer service and client retention.<br />

e. Program teaches how to create customer surveys.<br />

f. Program provides opportunity and instruction for young people in determining meaning<br />

from data and statistics.<br />

g. Program explores the role of test-marketing in product development.<br />

4. Program enables young entrepreneurs to apply economic concepts when making<br />

decisions for entrepreneurial ventures.<br />

a. Program guides young people in the process of analyzing and listing “risk vs. benefit”<br />

both in business and in personal life and examines the criteria for taking reasonable<br />

risks.<br />

b. Program examines the processes of partnering and outsourcing in production and<br />

distribution.<br />

Field <strong>Guide</strong> to OST Best Practices / High-Interest, Hands-On Activities / 28

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