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B e Y our O wn B oss Enterprise opportunities
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B e Y our O wn B oss What is enterprise?venture to generate money undertaking, especially a risky one
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B e Y our O wn B oss By the end of this session you will: know about the opportunities available understand which skills are required know why enterprise is important in Wales have some direct experience of enterprise
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B e Y our O wn B oss What opportunities for enterprise are available?
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B e Y our O wn B oss In College Role models Business Dynamics Young Enterprise Achievers International Tutorials Global Enterprise Challenge Enterprise Club Business Mentor Scholarships POD tour
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B e Y our O wn B oss
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Outside College Graduating to Enterprise (G2E) workshops Advice from specialist Enterprise Agents Advice and funding for pre-start up Advice and funding for trial trading Free retail space for artists
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B e Y our O wn B oss Which skills are required for enterprise?
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B e Y our O wn B oss ACRO model Attitude Creativity Relationships Organisation
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B e Y our O wn B oss 1.Complete the questionnaire ‘Is it for me?’ 2.Score it 3.Read your ACRO profile 4.Discuss the process as a group
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B e Y our O wn B oss Which of the ACRO skills do you think the following successful entrepreneurs have?
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B e Y our O wn B oss Richard Branson 16: 1st business 20: ‘Virgin’ 34: Virgin Atlantic 47: Virgin Rail 52: combined sales $4 billion from 200 companies in 30 countries
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B e Y our O wn B oss Anita Roddick Teacher, traveller, hotelier, mother 34: 1 st Body Shop 36: 1 st franchise 42: Goes public 44: 1 st campaign 46: Soapworks 58: Sales of $904m
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B e Y our O wn B oss James Dyson 23: Designed sea truck 27: Invented Ballbarrow 27: Invented Waterolla 31: Invented Trolleyball 36: Invented G-Force 46: Opened 1st factory 58: Worth £700m
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B e Y our O wn B oss Perween Warsi 17: Married, arrived UK 30: Starts S&A Foods 31: Sells company 35: Mgt buyout 40: Builds £8m factory Clients include Asda, Safeway, Sainsbury Turns over £100m p.a.
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B e Y our O wn B oss Why is enterprise important in Wales?
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B e Y our O wn B oss New businesses are good because they: Act as a source of innovation and new ideas Create jobs Provide a seedbed for future growth Increase competition Develop supply chains Reduce social exclusion Increase economic flexibility DTi, September 2003
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B e Y our O wn B oss Enterprise in Wales and UK % pop in enterprise % pop investing % female pop % male pop
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B e Y our O wn B oss Enterprise by age 18-24 25-34 35-44 45-54 55-64
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B e Y our O wn B oss Attitudes towards enterprise Know someone Good opportunities Have skills Fear failure Good career choice High status
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B e Y our O wn B oss Like to have some direct experience of enterprise?
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B e Y our O wn B oss Dynamo game Split into teams of 4-5. Select an individual and play to make money for their new business. Tell your tutor how much each individual makes at the end of the tax year. Compare your best score with the best score achieved by other teams.
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B e Y our O wn B oss Any questions?
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B e Y our O wn B oss For more information about enterprise activities and support contact: Wendy Williams 029 2090 8017 williams_w@glan-hafren.ac.uk
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