This month week saw the launch of our new enterprise education programme, Mind Your Own Business, with a dozen young Business Studies students at the Peter Jones Academy – North Hertfordshire College.
In their first enterprise experience, two competing teams made 100% profit each after a two weeks boot camp learning the basics of running a business like product development, budgeting and customer relations.
Thanks to the Heritage Foundation, a fully functional pop-up shop played host to a genuine Ghost House, a beauty salon with nail painting and henna tattoos and young traders selling handmade Banksy-style t-shirts – banking £170!
Peter Jones retweeted this pic and got us over a thousand views!
The Mind Your Own Business project has seen the North Herts pupils designing mobile phone products at the headquarters of financial software giants at Monitise, chucked in at the deep end selling goods on Hitchin Market and conduct market research with traders in Camden Town.
This project was the pilot of a new initiative through Gazelle Colleges Group in partnership with MyBnk, and it is now looking at being rolled out to further students studying at NHC.
“This is a fantastic opportunity, giving us real experience of working in a competitive environment and using the team initiative to make sure that the job is done.” Harry Gregory, a student from PJEA.
“The students have done a fantastic job so far sourcing all of the products on short notice and marketing their businesses to the public.” MyBnk Education Officer Andy Dunn.