Home Sector Profiles Commerce & Politics Stratford Primary students learning about business early

Stratford Primary students learning about business early

From fidget spinners to hair ties, plant pots to scooter parks and flax flowers to windchimes, there was something to suit all tastes at Stratford Primary School's Build a Business Market Night last Wednesday.

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By: Ilona Hanne

Rylee Bunn and Brooke Hereora made flax flowers for the market.

All Year 7 and 8 pupils at the school participate in the annual event, which encourages them to think of, market and sell a product, from the initial design to final production.
Tracy White, Year 7/8 teacher and team leader, says this year there was a specific focus on upcycling.

Aaron Cowley, Kade Prestidge and Kegan Guillosson used modern technology to make their fidget spinners.

“We are pushing sustainability with all our pupils and we are an enviro school so it made sense to carry that learning through to the build a business project.”

Students have to come up with a business plan and work out how to maximise their profit margin.

“It teaches them a lot more than just how to think of something to make and sell,” says Tracy. The pupils even apply for loans to start their businesses up.

Their final profits then go towards paying for their Big Day Out, a fund event which takes place in term four.

Pupils are encouraged to come up with unique ideas for their products, and the stalls at this year’s market reflected just how well they had taken up the challenge.

While many of the small businesses had invested some money at the start in buying materials, the young women behind The Weaving Wahines were making the most of nature’s bounty.

Selling flax flowers meant their business had little startup costs, says Rylee Bunn (11). She and business partner Brooke Hereora (11) had plenty of customers at their stall on the day.

“It was hard at first to make the flowers, but it got easier,” says Rylee. Brooke already knew how to make them and had taught her.

“She was a good teacher because I can make them now.”

Capitalising on the current fad for fidget spinners, were three young entrepreneurs calling their business 21 Spinners.

“We made them on the 3D printer,” says Aaron Cowley (11). The group was confident fidget spinners would sell well.

“We have a few designs, at different prices so they aren’t all the same.”

“Everyone wants them, and they aren’t too expensive so they will sell well,” says his business colleague Kade Prestidge. Kegan Guillosson says having a wide range is one of the tricks to a successful business at the market.

“Not everyone is going to like the same colour or design.”

Tracy says she is pleased with the efforts made by the pupils.

“They put a lot of work into this, and it is great to see how busy the market gets. They’ll all come away from the experience having learned quite a bit.”

 

Source: Stratford Press

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