1www. youngenterprise.org.nz

Term 3 2012

Leaders in enterprise and financial education

YES student ambassador inspires business leaders Webinars: We are bringing PD into your own officeYoung Enterprise Start-up programme launchMoney Week eventsEnterprise in Action photo gallery

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CONTENTSTalking about enterprise

¯ CEO Terry Shubkin

Headline News

¯ Come and see us at NZ-ED show

Wellington YES team win $10,000 ¯

Trust events for Money Week ¯

& More

Student Success

Enterprise in Action weekend ¯

BusinessNZ Challenge on the road ¯

Feature

¯ Webinars

Programme News

¯ Primary Programmes

Secondary Enterprise ¯

Lion Foundation Young Enterprise Scheme ¯

Financial Education ¯

BusinessNZ Challenge ¯

Connecting business with schools

¯ A speech by Isabella Morris, YES student ambassador

Important Dates

The close

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Inspiring, Educating &Transforming students through enterprise experiences

3www. youngenterprise.org.nz

Charities Commission Registration

Number: CC21103

Editorial Content Paul Newsom

Contact Paul on 04 570 3984 or

paul.newsom@youngenterprise.org.nz

Address Young Enterprise Trust, First

Floor, 66-70 Bloomfield Terrace, PO

Box 31545, Lower Hutt 5010, NZ

www.youngenterprise.org.nz

Art Director Jodi Olsson

Publisher Espire Media Po Box 137162,

Parnell, Auckland 1151

Enquiries: Phone Alastair on 09 522 7257

or email alastairn@espiremedia.com

ISSN 1177-875X

We often refer to our role as being one to educate, transform and inspire young people. But it never

ceases to amaze me how much I personally get from spending time with our students around the country. Whether it is visiting a school running a PrEP market day, watching students from Aotea College present to my Supporters’ Council on their experience with the DairyNZ Challenge last year, or spending the weekend with 81 amazing YES students at our Enterprise in Action weekend….each and every experience leaves me completely inspired and confident in the next generation. I consider myself blessed to be in a position to see such talent in our younger generation and it is unfortunate that many others do not.

There’s been a lot of talk recently about the issue of youth unemployment. Addressing the issue of youth unemployment is a difficult one but not a complicated one. To reduce youth unemployment, we need 1) more jobs, 2) engaged youth who want to work and 3) those youth need to have the skills employers are looking for. In other words, we need more enterprising young people. And for those young people, we need more positive role models for them to aspire to.

This is one of the reasons that back in 1994 we launched the NZ Business Hall of Fame. Those that are inducted each represent people from all backgrounds who have gone on to do great things. But, it’s not just successful business people we look to induct; we are looking for successful citizens. This means that in addition to their business achievements, they need to have also significantly contributed to their community. At the end of June, we inducted six new Laureates into the Hall at a gala dinner

hosted by the Governor General. Each Laureate had a story of success and a story of philanthropy. It was a truly inspirational night.

The idea of business people becoming philanthropists was given a new boost with the recent announcement from the Glenn Family Foundation. Successful businessman Owen Glenn has pledged $80 million to help fight domestic violence and child abuse, starting with an $8 million pilot in Otara. They are looking at a whole-of-community approach and supporting NGOs that can help to build strong communities, recognising that this leads to less crime, safer streets, less domestic violence and children that are safe from abuse and harm.

We are pleased to be one of the organisations named as part of this project and delighted that they see the importance of practical enterprise, entrepreneurship and financial literacy programmes in creating a strong community. The idea of supporting your community is not something new. It is something that I believe today’s youth embrace at a far younger age than my generation who often waited till we were in a stronger financial position to give back.

From the stories of the Student Volunteer Army to the numerous YES companies that donate part or all of their proceeds to charity – today’s students can be a role model to the older generations. It’s not something that has to wait till you have the time or money. Giving back is part of being a good citizen. It should and can be done in conjunction with your business, career or personal aspirations.

TALKINGABOUTENTERPRISECEO Terry Shubkin

This is a GREEN MAG, created and distrib-uted without the use of paper so it's envi-ronmentally friendly. Please think before

you print. Thank you!

Cover picture: Isabella Morris, Tauranga Girls College. YES Ambassador at the 2012 Fairfax Media NZ Business Hall of Fame.

Enterprise Matters is a publication of the Young Enterprise Trust

Inspiring, Educating &Transforming students through enterprise experiences

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Come and see us at NZ-ED show

NZ-ED SHOW is a new education expo to showcase and support New Zealand education at all levels from early childhood to tertiary. We will be presenting a series of six seminars on enterprise and financial education for primary and secondary teachers. Come and see us on stand 2, right by the main entrance. Tickets are on sale now at http://nzedshow.co.nz/

Wellington YES team win $10,000

The ‘Guttered Enterprises’ YES team from Chilton St James have taken out the $10,000 first prize in the schools section of ACC's Idea Nation competition. Their innovative ‘shower gutter’ collects the drips from the bottom of the open shower door, reducing the likelihood of slipping on a wet floor.

HEADLINENEWS

CEO Zarra Houpapa said they will be investing some of the prize money back into the company – to cover costs such as production and marketing.

Trust events for Money Week

The Commission for Financial Literacy and Retirement Income is developing New Zealand's first annual money week to help Kiwis learn about everyday money. Events will be held around the country between 2-8 September. Visit http://www.

moneyweek.org.nz for more information.

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Here at Young Enterprise Trust we have two exciting events lined up:

Money Day gives year 10 students the opportunity to improve on their knowledge, skills and mindsets about dealing with money. Activities include a quiz with prizes, exploration of interest on savings, debt repayments,

and a personal discovery of their own money personality.

This event will be held at Massey University in Wellington, with 55-60 students from St Bernards College in Lower Hutt and Bishop Viard College in Porirua attending. The event is sponsored by the Mccarthy Trust.

Financial Education Webquests for senior secondary students. The webquest will provide an authentic learning experience, involve the synthesis of new knowledge to complete a task, require students to make decisions and take risks, and does not necessarily have a right answer. More information will be sent to schools soon.

Free resources now easier to find and orderAll of our teaching resources for enterprise and financial education are created in conjunction with teachers, and almost all of our resources are available free for registered teachers to use. There are only a few resources that have a fee attached to them. The resources include teacher manuals, teacher guides, teaching resources, student study guides, board games and books.

All our resources are now listed on our website at http://youngenterprise.org.nz/TeachingResources.html. You can order any of the resources listed by simply clicking on the ‘order resources now’ button, and the order form will open in a new browser window.

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YES company mix business and rugby

YES company Raptkid Apparel, of Palmerston North Boys’ High School, are a clothing company on a mission, and are showing what busy, organised students can achieve. Studying hard for NCEA Level 3, half the team play First XV, and they took the money at the recent Dragon’s Den. We asked George Smith what makes them tick.

“We aren’t just another screen print t-shirt company, we are unique clothing brand. All of our ideas are designed by our group and touched up by our main designer, Josh. We are currently in the process of our ‘Cut & Sew.’ This is where we buy in material and design our own clothing. Everything we do is local, the screen printing, our stickers and shortly our clothes will be manufactured in Palmerston North. We have already sold 100 units with our product launch to our school body. Our goal is to sell 1000 units and this is definitely an achievable target especially as we will be launching our product at the other high schools and tertiary institutes. We are currently in the process of working with local shops to stock our quality affordable clothing. Our next step is nation-wide distribution and then

L to R, Sam Mackwell, Sean Feast, Terry Shubkin and John Key

internet shopping from 2013 and beyond. At the moment we are selling our winter range which includes hoodies, crew neck sweatshirts and beanies. Our summer range will focus more on singlets, tee shirts and snap-back/five panel hats.

Five members of our group play 1st XV including the captain and the vice! Unlike most schools we do the Young Enterprise Scheme in our own time as an extra-curricular activity. It’s quite a hefty task balancing this with our NCEA Level 3 but our advantage is that we are all hostel boys and treat each other like brothers. We all know each others’ strengths and weaknesses so working as a team isn’t an issue for us.” See www.facebook.com/

raptkidapparel to find out more.

2011 YES product continues to grab attention. Prime Minister John Key recently hosted St Thomas of Canterbury College (Christchurch) students Sam Mackwell and Sean Feast to take a look at The Lion Advance Emergency Power Generator. The Lion is a small lightweight device that can charge cellphones, power a light and run a radio using the transfer of heat energy from a pot of boiling water.

As well as picking up 2nd place in last year’s YES national awards, inventor Sam has already been recognised with several awards, including speaking at the Engineering Change 2012 conference in Auckland last month. ■

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STUDENTSUCCESS

ENTERPRISE IN ACTION WEEKEND

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1. Team Kiwi Rail2. Team Unitec3. Team Telecom4. Team Just Water (Represented NZ in the Global Enterprise Challenge, taking out 2nd place)5. Team PKF6. Team Massey7. Team Action Mail8. Team Beca9. Team Just Water10. Team Rise11. Team The Edge

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12.12. NZ representatives for the FedEx International Trade Challenge in Hong Kong in August: Lorenzo Peace, Wanganui Collegiate School, Manawatu-Whanganui; Isabella Morris, Tauranga Girls’ College, Bay of Plenty; Joel MacManus, Garin College, Marlborough Nelson; Alice McFall, Aquinas College, Bay of Plenty; Karan Deva, Macleans College, Auckland; Jesse Medcalf, Westlake Boys’ High School, Auckland; pictured with Tony Dixon and Lee Davies, FedEx NZ.

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BUSINESSNZ CHALLENGE ON THE ROAD

13. Kings and Queens High Schools, Dunedin14. James Cook High School15. Newlands College16. NPGHS, NPBHS, Coastal Taranaki School , Opunake High School and

Francis Douglas Memorial College combine in New Plymouth17. Tawa College18. Timaru Boys High School

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Bringing PD into your own office

WEBINARS

Professional development and training in enterprise programmes and financial education is an

important factor in how we help teachers. However, we know how difficult it can be for teachers to get time to attend PD away from the school, particularly when there is a cost for the training and teacher relief.

So, to help you get the information you need, in a short space of time and without leaving school, we are now offering training on several of our programmes through short 45 minute webinars. The webinars are hosted by Magpie Media, and it is with their generous support that we are able to offer a range of free webinars between now and the end of the year.

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Helen Cunliffe, Commercial Director of Magpie Media defines webinars in this way:

“Short for ‘web-based-seminar’, webinars

are presentations, workshops, seminars, conferences or meetings broadcast in real-time (live) over the internet. A key feature of webinars is their interactivity - the ability to give and receive feedback, and to discuss information.

Think about a webinar in terms of ‘radio with pictures’ via a computer and a way to connect with any number of people from 1 to 1,000, based anywhere in the world – all without you or them having to leave the office or home.”

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Last month we held a webinar for the DairyNZ Challenge, which was enthusiastically attended by 30 people in school offices and classrooms around the country. This webinar was presented by Rochelle Collinson from Young Enterprise Trust who was in the Trust office in Lower Hutt, and Bill Barwood, of DairyNZ, who was in his office in Hamilton.

Lucy Wymer, HOD Business Education at Aorere College in Manukau voiced the thoughts of many teachers following this webinar. “I must admit I didn’t even know what a webinar was before this week!! But thanks a lot it was awesome. We had planned to go to the PD in May but as a department we were unable to go as we had so many staff away that week so it was awesome to find out more about the programme on Monday – we watched it together as a department during our meeting time. It worked really well hearing from you (Rochelle) as well as Bill. Now I know what one is I am already looking forward to my next Webinar!”

Cunliffe says that Magpie Media were early pioneers of Webinars in New Zealand, and three years on, there is now significant growth in the use of Webinars. “NZ is now leading its own way, and with the massive growth in digital technology and online

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media in the Asia Pacific region, webinars are an accepted way of very effectively communicating with your audience.”

With the continued introduction of ultrafast broadband, and removal of data caps in schools we can expect the use of Webinars to continue to grow. Cunliffe adds that “Webinars are Android and iPhone friendly too, so you can join in anytime, anywhere. You’ve just got to try it, and you will get hooked into it!”

Business studies and economics Teacher, Tomak Pietkiewicz, from Kerikeri High School, also linked in to a webinar for the first time with the DairyNZ webinar. He has this advice for teachers who have not attended a Webinar before:

“Do not deny yourself this opportunity to add immense value to your teaching

practice in the comfort of your own lifestyle environment. This is not the way of the future, this is the way of the present and how every training programme should be conducted. Straight to the point, engaging, expert knowledge, good pace, and plenty of opportunity to ask questions. Over time (sooner rather than later - I hope) this will become the industry norm. I just came back from a Best Practice Workshop which could have taken half of the time it did if it was done through a webinar.

Save your precious time for your students and attend webinars! You can even watch them again and again!”

And if you miss the live webinar, they will all be available online for you to listen to in your own time. ■

WEBINAr SCHEDulE FOr THE rEMAINDEr OF 2012

Tues 7th Aug Enterprise Enterprise Studies (BP Innovation Competition) Challenge your students to be innovative and enterprising Year 11 https://www1.gotomeeting.com/register/143042385

Wed 8th Aug Financial Education Primary Integrate numeracy, literacy and financial education in a fun and authentic way. Year 3-8 https://www1.gotomeeting.com/register/507224560

Tues 14th Aug Enterprise DairyNZ Challenge Engage your year 10’s with the DairyNZ Get Ahead Challenge Year 10 https://www1.gotomeeting.com/register/476542073

Wed 22nd Aug Enterprise Young Enterprise Scheme (Annual Report/wrap up) Young Enterprise Scheme Annual Report and Wrap-up Year 12-13 Coming soon

Wed 5th Sept Financial Education Primary Enterprise 4 Kids Cross curricular authentic learning with Enterprise 4 Kids Year 3-6 Coming Soon

Mon 17th Sept Enterprise Primary Enterprise (PrEP) Getting started with PrEP Year 5-8 Coming SoonTues 30th Oct Enterprise & Financial Education Primary Introducing Enterprise and Financial Education into your Curriculum Year 1-8 Coming Soon

Tues 20th Nov Enterprise Young Enterprise Scheme (Generic) Getting started with the Young Enterprise Scheme Year 12-13 Coming Soon

Wed 21st Nov Financial Education Secondary Financial Education (Maths) Introducing financial education into the maths curriculum. Year 11-13 Coming Soon

All Webinars will run from 4:00pm – 4:45pm

“I must admit I didn’t even know what a webinar was before this week!! But thanks a lot it was awesome.”

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Primary Programmes:FINANCIAL ENqUIRY WITH COMMUNITY EMPHASIS

Teachers of Year 7-8 students who are looking to engage their students in a fun, innovative competition during Term 3, should look no further than the BP Community Enterprise Project (BP CEP) Intermediate. The project is entirely free, supported by comprehensive and quality online materials, can be completed within a term, and offers the chance to win substantial prizes.

Aligned to the New Zealand curriculum, it provides extensive opportunities to deliver on the vision, values, principles and key competencies.

Teacher Judy Matthews, from past winners Twyford School in Hastings, describes the project as ‘an exciting financial enquiry with a community emphasis’. Matthews says “it was different and I was inspired so I thought I could inspire these young students and we could all investigate the programme as a real life inquiry. The focus on financial literacy is something the parents are very interested in and support.”

Students at Year levels 7-8 form teams and partner with a charitable organisation in their local community to develop an

PROGRAMMENEWS

innovative solution to a community need or problem. The students can elect to enter a national competition with winning teams receiving excellence awards and funds to implement their social enterprise project. BP CEP (Intermediate) is ideally suited to an inquiry unit or a cross-curricular unit study.

Schools are encouraged to keep projects small and manageable. Examples of simple, but winning projects from the past two years are:

Waimea Intermediate School •(Nelson) created a welcome pack for refugee children in the Nelson Regions. The project was awarded additional funding from the Nelson City Council.

Springbank School (Kerikeri) •revamped the baby isolation room at the Bay of Islands Hospital and secured additional funding for new furniture (lazy boy chair for parents, new cot for the babies).

St Paul’s Catholic School •(Ngaruawahia) created a bike path for the children and provided new ride on trikes.

You can win! The National Competition includes:

Excellence Award

One Excellence Award for the Team of the Year which includes $1000 towards the implementation of the project, and Ipod Nanos for the team members (maximum six).

Merit Prizes

Five prizes to a maximum of $500 each for winning teams to implement their community project.

Register now at http://yetrust.co.nz/

onlinelinktoregister.html to access the comprehensive programme materials, or email support@youngenterprise.org.nz

Digger Girls, St Paul’s Catholic School, Ngaruawahia

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Secondary Enterprise:

YOUNG ENTERPRISE START-UP

PROGRAMME LAUNCHED

The Young Enterprise Start-Up programme is aimed at Year 11 students and designed to align with Level 1 Achievement Standards for business studies. It bridges the gap between Enterprise Studies (Year 9-10) and the Lion Foundation Young Enterprise Scheme (Year 12-13) and offers teachers a structured programme beyond the three days of the BusinessNZ Challenge (Year 10-11).

The Programme is designed to enable you to deliver AS 90840 v.1 (1.4) Apply the marketing mix to a new or existing product, and AS 90842 v.1 (1.6) Carry out and review a product-based business activity within a classroom context with direction. There are also additional resources to assist with the delivery of AS90841 v.1 (1.5) Investigate aspects of human resource processes in a business. By participating in the Young Enterprise Start-Up Programme students have the opportunity to enter the BP Innovation Competition. This is a national competition enabling students to experience innovation. Students take their developed product from AS 1.6 and apply enterprise skills to innovate and create a product extension to meet the brief of spreading BP’s message of “be road happy”.

Young Enterprise Start-Up is a programme that has been designed to be delivered in a maximum of 16 weeks. It can be adapted to be delivered as part of a full year Level 1 business studies course, or can be integrated into a cross-curricular course. The content is suitable for use as part of a Year 10 enterprise topic, or in combination with Level 1 economics or accounting Achievement Standards.

The pilot programme is currently being trialled in several schools around the country, before final release for the 2013 school year. If you would like to view the draft teacher manual and student resource book, then register on-line at http://yetrust.co.nz/

onlinelinktoregister.html, or contact support@youngenterprise.org.nz

BusinessNZ Challenge:MULTI-SCHOOL BUSINESSNZ

CHALLENGE IN TARANAKI.

Late in term 2, five schools participated in a multi-school BusinessNZ Challenge in Taranaki, hosted at New Plymouth Girls’ High School. The format has several advantages, including allowing smaller rural schools, like Opunake High School and Coastal Taranaki School, who don’t have enough students to run the programme at their own school, to participate by sending 10-12 students who are really keen to benefit from the experience.

NPGHS teacher Kim Jennings offered to host the challenge, and judged it to be a huge success. “We have had a fantastic three days with your two wonderful staff at our Business NZ Challenge. It has been

“Our students really enjoyed the whole experience and I was really impressed with the facilitation and execution of the event. The students learnt a lot and two decided that business was not for them. The relationship building and putting their learning into a real experience was their highlight.”

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excellent having students from 5 schools working together and today they did us all proud with their presentations. It is a great format and one that has worked very well for us. Let’s hope we can involve more schools next year.”

Teacher Ruth O’Connor from Coastal Taranaki School found that the Challenge helped the students with their subject choices, “Our students really enjoyed the whole experience and I was really impressed with the facilitation and execution of the event. The students learnt a lot and two decided that business was not for them. The relationship building and putting their learning into a real experience was their highlight.”

We will be encouraging schools to combine for multi school challenges in other regions in 2013. If this is of interest to you, and you would like to have a chat with us about how it might work in your region, please contact Paul at paul.newsom@youngenterprise.

org.nz. The BusinessNZ Challenge 2013 will be open for registration of interest in late August. Look out for the notice in your inbox.

Lion Foundation Young Enterprise Scheme:YES STUDENTS INSPIRED AT WORLD CLASS NZ DAY

Callum Bryant, Anton Melkiau and Emma Crookes, three students from the YES company Great Fresh Cordials from Tawa College were invited to attend the World Class New Zealand 2012 Inspire Day in Wellington.

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Here is their account of the day:

“Arriving at Mac’s Brewery in Wellington at 8am, we were a little intimidated by all the smart looking adults arriving also. Terry Shubkin, (CEO of Young Enterprise) introduced us to many business people before the day had even begun. We took along our final product “Rhuby” which is a Rhubarb, Strawberry and Lime cordial. Showing Rhuby to many successful business people, we

were overwhelmed by the positive feedback we received, and also the ideas we were given to make our product even better. It was great to be able to test Rhuby as the business people present are part of our target market.

Listening to the presentations throughout the day we felt very privileged to hear economic opinions from business leaders such as Tony Falkenstein, Ian Taylor and Stephen Tindall. As students and young business people it inspired us. Their ideas and enthusiasm of their products was inspiring. It made us feel like real business people ourselves and not just students completing a school project.

It was really interesting to be included in workshops throughout the day. It was a great experience to be able to voice our opinions in group discussions with such important people at a young age. This reinforced the value and the importance of enterprise education, and how we should use it to grow the Wellington economy in the future, not just to move overseas as many students are doing now.

Overall we were so honored to be given such a great experience; we

Rhuby, from Tawa College, celebrate their success at the Wellington Regional Dragons Den.

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gained a lot of economic and business knowledge, and were able to improve our business idea at the same time. It was a once in a life time opportunity, which we believe we have used to good advantage in our Young Enterprise journey.”

Check us out at: www.greatfreshcordials.co.nz

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You can see more about the event, including an interview with Callum, Anton and Emma here: http://www.

youtube.com/watch?v=5jXx_4-

Gy8Y&feature=youtu.be

Financial Education:

CURRICULUM PLANNING

The National Certificate of Employment Skills includes two compulsory Personal Financial Management (PFM) standards.

Teaching and learning packages for US 24709 and US 24699 are available free for you to download from our resource centre.

The teacher package contains:

A topic schedule•

Student Exercises (with •solutions)

Assessment Task (with solutions)•

Record of student progress•

The student package contains:

Exercises•

Unit Standard information sheet•

Unit Standard result sheet•

You can register online now at http://

yetrust.co.nz/onlinelinktoregister.

html to gain access to the resources. ■

Platinum Gold Silver National Supporters

SPONSORS & SUPPORTERSSPONSORS & SUPPORTERS

Thanks to our fantastic sponsors and supporters. None of what you have seen in this magazine would be possible without them. If you would like to know more about how you can help, please go to www.youngenterprise.org.nz

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CONNECTING BUSINESSWITH SCHOOLS

The Fairfax Media NZ Business Hall of Fame was established in 1994 by The Young Enterprise

Trust, to recognise New Zealanders who have made an outstanding contribution to business and society.

Six new laureates were inducted into the NZ Business Hall of Fame at the 2012 event on 28 June. Each Laureate (or family representative), was accompanied by a student ambassador from a school they either have a connection with, or a school within their local region.

Bill Gallagher, escorted by •Kate Williamson, of Waikato Diocesan School for Girls

Mary Jane Milne, escorted •by Olivia Mann, of St Cuthbert’s College

Isabella Morris, YES student ambassador

Thomas McCarthy, escorted •by Melissa Moroney of St Mary’s College, Wellington

Sir Graeme Douglas, •escorted by Samuel Jacks, of Auckland Grammar School

Graeme Lowe, escorted •by Thomas Arnold, of Lindisfarne College

Sir Patrick Higgins, escorted •by Ben Cross, of Palmerston North Boys’ High School

Isabella Morris was chosen at the Enterprise in Action weekend as the Young Enterprise Student Ambassador for the 2012 NZ Business Hall of Fame. Her articulate and impassioned speech urging today’s business leaders

to invest more in tomorrow’s business leaders, wowed the entire room, so much so that by 10am the next morning, she had her first offer of an internship from a member of the audience. Here is what Izzi had to say:

“I believe that numbers tell stories. In this room we have 300 of the most influential and successful businesspeople in the country. One thing you have in common, is that you have all been leaders in NZ business. Another thing you have in common is that you are all Baby Boomers - a generation that youth today look up to – but also a generation we are scared of.

No - it’s not your fashion choices, your 80’s hair styles or your lack of friends on Facebook that scare us. It is the future cost of your mobility scooters, rest homes and medical bills which instil fear.

Yes - in the next 10, 20, 30 years - me, and my generation, are going to be the people supporting you. And this is where numbers tell a very interesting story.

When the majority of you were •born, there were around seven people supporting every one person over the age of 65.

Today that figure has dropped •a little – five of you are working

YES student ambassador inspires business leaders

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to support one retiree.

By the time all of you have •officially retired – which I’m guessing will be in 20 years or so –only three people will be working to support every one of you.

I am going to be one •of those people.

This tells a story of a very different New Zealand to the one you have experienced. The aging population is not a new phenomenon. It’s been in the media a lot lately with discussion around whether the superannuation age should be raised or means tested.

In my opinion, as a young person, the more important discussion we should be having is how can we make those three people who will be supporting you as efficient, productive and effective as possible?

In the context of tonight – how can we create great young businesspeople? Studying in a classroom can teach you theory – but there is no better way of creating passionate, driven and creative businesspeople than letting them experience it for themselves.

This time a year ago I said I would never consider business as a career. My impression was that it was too stressful, too boring, too cut throat, and frankly there were just too many men in black suits.

It was only because of a very passionate teacher that I became involved in the Lion Foundation Young Enterprise Scheme. In this competition we have to create a real business. Negotiate with real suppliers, create real websites, sell real stock, complete real budgets and cashflows. I very nearly had a real heart attack when we found out we hadn’t included GST in our manufacturing cost!

What we have been doing is making real mistakes and learning real lessons from them. That girl who refused to

ever be involved in commerce a year ago is now standing here talking to the most influential businesspeople in the country, going on to study commerce at university and has a huge passion and drive for a career in business.

That is the power of an experience. In this room there are 300 business people with lifetimes of experience. Experience that should be shared with young people.

One thing running a business has taught me is to be clear about what you want – so tonight I am going to be very clear, and ask you to invest. To invest in young people in New Zealand. It can be your money - but to be honest we would benefit more from an investment of your time and your expertise. Teach us what you know. Let us experience your businesses. Let us share in that same passion you have for your companies. Let’s accelerate the learning process.

Today I want to leave you with three ways you can invest in young people:

1. Mentoring – I know – not exactly an original idea and no doubt you all mentor people within your businesses. But there is a very real opportunity to extend that further. In programmes like Young Enterprise – every team has a mentor who works with them, for say one hour a week, on their business. Realistically, I know as leaders of businesses you may not have the time to do this – but your employees could, if you just encourage them and give them the time to be involved.

2. Link up with your local college,

university or polytechnic. Your involvement can be as small or as big as you want to make it. On a larger scale – how great would it be if we had business schools within every college in the country like Tony Falkenstein has done with Onehunga High School. Rangitoto College has created a smaller scale business school to link students up with local business. For example, HSBC

invite students along when they have presentations from visiting economists or experts. Some businesses are linking up with schools as part of their Social Responsibility programmes and assign staff to work with the business classes. Westpac invited students to work on their stall at the Mystery Creek Fieldays. One local business is regularly inviting students to their product launches. At the practical end of the workforce, MIT have set up Trade Academies in the past few years where students split their time between school, studying their trade at MIT and getting practical work experience one day a week.

3. Offer job opportunities in

holidays – I have just found the university calendar for next year, and I’m astonished that the amount of time we spend on holiday is almost equal to the amount of time spent studying! These holidays are an ideal time to accelerate that learning. Whether it is employing a student for two weeks to work on a project or an annual internship every summer – by giving young people a small experience of a real working business, you give them a huge insight into the world of business.

I am sure you’ve all planned well for your retirement – and don’t really need the help of those three people. But there are many Baby Boomers for whom that is not the case. You are in a unique position to make a difference.

You sit here today because you are some of the most passionate, driven and successful business people in New Zealand over the past 30 years. My question is – what investment will you make to help create the passionate, driven businesspeople in the next 30 years.”

Watch Izzi’s speech on You Tube here: http://www.stuff.co.nz/

business/opinion-analysis/7189781/

Enterprising-Izzi-into-business. ■

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IMPORTANTDATESTeacher PD Webinars Year level

Challenge your students to be innovative 9-10 Tuesday August 7

and enterprising

Integrate Numeracy, literacy and Financial 3-8 Wednesday August 8

Education in a fun and authentic way

Engage your year 10’s with the DairyNZ Get 10 Tuesday August 14

Ahead Challenge

Young Enterprise Scheme annual report 12-13 Wednesday August 22

and wrap-up

Cross curricular authentic learning with 4-8 Wednesday September 5

Enterprise 4 Kids

Getting started with PrEP 1-8 Monday September 17

Introducing Enterprise and Financial Education 1-8 Tuesday October 30

into your primary curriculum

Getting Started – The Young Enterprise Scheme 12-13 Tuesday November 20

Introducing Financial Education into the Maths 11-13 Wednesday November 21

Curriculum

Events and Deadlines

YES examination 15 August

BP Community Enterprise entries close 28 September

BP Community Enterprise Intermediate entries close 28 September

YES annual reports due 28 September

BP Innovation entries close 2 November

DairyNZ Challenge entries close 12 November

PrEP competitions nominations close 30 November

National Awards & Gala Dinner 4 December*

*Note change of date from that previously advertised

www.youngenterprise.org.nz

www. youngenterprise.org.nz 17

“

Visit www.youngenterprise.org.nz Subscribe to Enterprise Matters for Free & receive your own copy four times a year

“

““All our dreams can come true, if we

have the courage to pursue them.” Walt Disney

THE CLOSE

Teacher PD Webinars Year level

Challenge your students to be innovative 9-10 Tuesday August 7

and enterprising

Integrate Numeracy, literacy and Financial 3-8 Wednesday August 8

Education in a fun and authentic way

Engage your year 10’s with the DairyNZ Get 10 Tuesday August 14

Ahead Challenge

Young Enterprise Scheme annual report 12-13 Wednesday August 22

and wrap-up

Cross curricular authentic learning with 4-8 Wednesday September 5

Enterprise 4 Kids

Getting started with PrEP 1-8 Monday September 17

Introducing Enterprise and Financial Education 1-8 Tuesday October 30

into your primary curriculum

Getting Started – The Young Enterprise Scheme 12-13 Tuesday November 20

Introducing Financial Education into the Maths 11-13 Wednesday November 21

Curriculum

Events and Deadlines

YES examination 15 August

BP Community Enterprise entries close 28 September

BP Community Enterprise Intermediate entries close 28 September

YES annual reports due 28 September

BP Innovation entries close 2 November

DairyNZ Challenge entries close 12 November

PrEP competitions nominations close 30 November

National Awards & Gala Dinner 4 December*

*Note change of date from that previously advertised