During Semester 2, our school launched a program called $20 dollar boss which were groups would pitch business ideas to Mr. Green or Ms. Strentz and receive $20 per person. My group originally consisted of Jet, Toby and myself but added three new members, (Jing, Dylan and Josh).
$20 Dollar boss, was a program sponsored by NAB where kids were allowed to release and discover their inner entrepeneur. After forming groups and discussing on ideas, groups would then pitch to Mr. Green or Ms. Strentz in return for twenty dollars per person. Using this money, groups created different products and sold them at the morning Wanju market. Groups who wanted to go further were given the opportunity to sell at Runway and other markets.
With every single school project, there are always many difficulties, and with this project there were certainly many obstacles that we encountered. One of the first of these problems would be the colours. From starting up our business, we surfed the internet for many hours going through colour schemes that were visually appealing to the eye. From surfing the internet, everyone had multiple ideas, and because we couldn’t afford all the colours at the start, there was a problem of what colours to buy. This resulted in bad communication between each other which had a trickle down effect on our teamwork. Individually, it was hard to balance schoolwork and our business at the same time, because there was so much work for school as well as having lots of customers that were expecting products really quickly.
What I would like to showcase would be the improvement of our products from the beginning to the end. With any product or anything, it always starts out bad and slowly progresses to something more applicable and pleasing. This is no different with our hydro dips. They were not covering the whole bottle, there was mismatched paint and the colour combinations were not of the best choice, but as we got better and started experimented, we realised things like what speed we should use for dipping the products, what is the best time to gloss and let the product dry, how long we should leave the primer spray to dry and much more, and all this allowed us to create much better quality products to sell and resulted in more customers as well.
