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 The Shark Tank!

 PrimaryPrimary MiddleMiddle High SchoolSecondary

NumeracyAustralian Curriculum General Capability: Numeracy

Personal and social capabilityAustralian Curriculum General Capability: Personal and social capability

LiteracyAustralian Curriculum General Capability: Literacy

CriticalAustralian Curriculum General Capability: Critical and creative thinking

 

 

1. You are to set up a copy of the real TV show "Shark Tank" within your class. One team of 5 is to be the panel (the Teacher will be the chair).

Shark Tank

 

There are various roles to play:

  • Dr. Glen Richards, veterinary surgeon and founder and former CEO of Greencross, Australia’s largest pet care company.

  • Janine Allis (Boost Juice),

  • Andrew Banks (Talent2),

  • Steve Baxter (internet pioneer)

  • Naomi Simson (RedBalloon)
       

Research these personalities, their strengths and weaknesses by watching the show. What appeals to each of them? 

This Shark Tank Team is to develop criteria to rate each of the new ideas they will hear. There should be 5 - 10 criteria that can be applied to each idea so that comparison can occur. The Shark Tank Team is to publise their criteria before the other teams come up with their ideas.

2a. The rest of the class is to divide into other innovative entrepreneurial teams. They are to think of the new idea and pitch their ideas of this new business to this "Shark Tank" panel.

Each team is to consider a new innovative idea that will make the school a better place for both students and teachers.

OR

2b. Use the following news article ABC 22 May 2017 about two brothers who have a business called "Funky chickens". You are to use this idea to turn it into a more commercial idea across Australia rather than just Queensland.

Rural News

You can consider a commercial idea or a social entrepreneurial idea.

If you take on a social entrepreneurial idea, make sure you have researched Lucas Patchett and Nic Marchesi or Muhammad Yunus (on DYK box).

Brainstorm your ideas as a group and come to consensus about which idea to pitch to the panel.

You need to consider:

  • The reasons for this new idea - what benefits will it bring?
  • Who is this innovation idea for?
  • How easy will it be to implement?
  • Does it involve technology to create it?
  • How much will it cost?

3. Work out the answers to these questions and then create an elevator pitch.

4. Create an "Elevator Pitch". This is the selling part - it should be less than 1 minute long but effective! 

Elevator Pitch

5. Each team is to conduct their elevator pitch to the Shark Tank Panel. The Shark Tank Panel is to use their criteria to rank each team and be prepared to use persuasive arguments to convince the teams of their ranking. 

6. The whole class is to work out how this particular idea can be implemented around the school and sell the idea to the rest of the school at an assembly.

 

A Quick Quiz on Franchises in Australia

PrimaryPrimary MiddleMiddle High SchoolSecondary

Personal and social capabilityAustralian Curriculum General Capability: Personal and social capability

LiteracyAustralian Curriculum General Capability: Literacy

 

TeacherTeacher
You can download this quiz as a word doc. worksheet, here.

 

Students

1. With a partner, look at the three types of Franchises and note down their differences.

2. Fill in the following table from your knowledge:

Franchise Type of Franchise Business Names Logo
Draw or find
Convenience stores      
Petrol stations      
Takeaway food stores      
Printing / graphics businesses      
Dry cleaning services      
Hairdressers      
Rreal Estate Agents      
Lawn mowing / gardening      
Retail stores such as sporting goods, auto parts,
pet shops,
pool and spa shops.
     

3. How many are Australian owned? Do you know? Do you need to research and confirm? What surprised you?

4. How many of these franchises do you go to regularly? Or, do you know of them because they are in your area?


Young Change Agents: can you become one?

PrimaryPrimary MiddleMiddle High SchoolSecondary

NumeracyAustralian Curriculum General Capability: Numeracy

Personal and social capabilityAustralian Curriculum General Capability: Personal and social capability

LiteracyAustralian Curriculum General Capability: Literacy

CriticalAustralian Curriculum General Capability: Critical and creative thinking

ICT Capability Australian Curriculum General Capability: ICT Capability

 

 

1. Young Change Agents is an Australian social entrepreneurship program for 10-18 year olds that helps our youth see problems as opportunities. It is a business but be inspired!

Young Change Agents

Research the blog section where different students at a variety of schools have taken up the challenge.

What did these students do? What have the founders of Young Change Agents find?

Discussion

In pairs, discuss and evaluate their business decisions.

2. Listen to the audio of The Drawing Room, 16 May 2016 where the host Patricia Karvelas talks to Jonathan Srikanthan and Margaret O'Brien, founders of YCA.

The Drawing Room

YCA is a new project which encourages children to see problems as opportunities.

They believe that you're never too young to learn how to make a difference.

Three of their protégés, Georgia Floristal, Tamanna Karimi and Dylan Nguyen describe what they have done as social entrepreneurs.

The Drawing Room

3. After listening to the students describing their ventures, which one did you like? Why? In pairs, discuss, brainstorm and mindmap what you think you could do as a social entrepreneur using Lucid Chart (it is free).

Lucid Chart Mind Mapping Tool

If you want to know more about Social Entrepreneurs, look at what the Young Australians of the Year 2016 have achieved with their idea of having a mobile laundry to help the homeless have some dignity with clean clothes.

Life on the Job
Click here to learn about Nic and Lucas' and Orange Sky Laundry

4. Create a Presentation showing the rest of the class and maybe your school what you think would be a good social entrepreneur idea.

5. Implement the best of the class' ideas

 

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