We Are Running Our Own Businesses!

(Guest post by: Greyson, Meghan, and AndrewHelp)

And we need your help!

For the past month our class has been learning something very special: how to start and run our own businesses. Grade 6 classes from our school are being sponsored the Coastal Community Credit Union to take part in  The Young Entrepreneur Program

We have been learning all about the different types of businesses. There are retail, manufacturing, and service businesses.

When you own a retail business you sell products that are designed and produced by other businesses. For example WalMart is a retail business. Owning a services business means  you do things for people. For example, when you go to the dentist, they are supplying a service to you, not selling tooth brushes like a retail business or manufacturing tooth paste like a manufacturing business. But when you own a manufacturing business (like us) you  produce a product and sell it. For example, Duracell produces batteries and sells them to retailer like SuperStore. In our case, we are selling our products ourselves!

Another thing we learned about is how to conduct a market research survey. We put our questions into Google Forms and embedded them on our blogs. We hope they will tell us about what our customers want so we can  improve our products. Our fair is on Friday, February 11th–just a week away.

So, to help us out, please visit our surveys!

Have you ever run a business of your own? Did you have a service business or make a product to sell? What did you learn from the experience? And finally, do you have any advice for us? Thanks for taking the time to do our surveys–wish us luck!


11 comments

  1. Dear Future Entrepreneurs,

    These sound like such wonderful business ideas! Hopefully you can take what you learn from this and apply it in the future. Maybe you’ll even be able to open the business that you designed at some point in the future! I’m so glad I got to take part in some of your surveys. I think it’s amazing that you got to use Google Forms to create those! Good luck!

    Mr. Avery
    Plympton, Massachusetts
    Mr. Avery’s Class Blog

    1. You are right, Mr. Avery, Google Forms (and all the Google ships at sea) are pretty versatile tools. We really appreciate your encouragement and thank you for taking the time to fill out our surveys!

  2. Are the surveys just to collect information or is it an actual order form? I was scared to fill them in thinking I might owe a lot of money by the time I was done?

    Love the idea and will encourage my grade 6 class to check it out!

    Mrs. Quirk in Ottawa

  3. “For the past month our class has been learning something very special: how to start and run our own businesses. Grade 6 classes from our school are being sponsored the Coastal Community Credit Union to take part in The Young Entrepreneur Program”

    That’s absolutely wonderful. I wish more schools took the time to teach students how to be thinkers and leaders. Teaching students at an earlier age how to become a business owner helps to show them there is more than just being an average “burger flipper”.

    I wish that I had that opportunity as a student. I’ve been working to build an online business for mobile marketing agencies (seen there) and its been hard. It’s my first venture that’s only about 8 years late

  4. Dear Ms.Smith

    Sounds like you and your class had a great time with The Young Entrepreneur Fair. I can’t wait until we get to try entrepreneuing.

    See you tomorrow!
    -Sophie

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