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Be all that you can dream
- 1. Be All ThatYou Can Dream A Simulation in Entrepreneurship 0
- 2. Do you havethe Entrepreneurial Spirit? Independence Self Discipline Creativity Drive and Desire Risk-Taking Confidence 0
- 3. What do youknow about Wichita ? Describe Wichita using only one word. How large is the population? Is the community considered progressive? What are the main industries in the area? Is the population composed of blue or white collar workers? Do you think that the local community could support more stores? 0
- 4. Target Market: Young Adults Do you think that this idea could be successful? Are there enough young adults in the community to support such a venture? Are there currently enough stores and activities for young people in the community? What local businesses cater strictly to young adults in the area? Are they successful? Define “young adult” in terms of age range. Does the age range selected as the target market have enough purchasing power to support such a venture? 0
- 5. Locations Spend thenext 5 minutes discussing potential locations for the mall with your team. Choose one location to share with the group. Make sure you are able to support/defend your choice. 0
- 6. Suggested Mall LayoutA C B E D 0
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- 8. Review of ProgressTarget Market Location Building Description Hours of Operation Spend the next 5 minutes discussing a name for the mall with your group. Prepare a short presentation to support your name. 0
- 9. Final Presentation BusinessTour Time Limit: 5-8 minutes Scores on Business, Team Involvement/Cooperation, Ability to Sell Ideas Your business should be Unique, Special, and Attractive Be ready to answer WHY 0
Editor's Notes
- #3 Reminder of Characteristics of an entrepreneur Divide into teams For this simulation everyone has a part to play. I am the president of the board of directors of a new mall to be build in Wichita This class as a whole will serve as consultants to the mall board Individual teams will become entrepreneurial partnerships, developing the stores to be located in the mall.
- #7 Using only one word, describe how you see the mall. How will the outside be landscaped? What materials is it going to be made of? What attraction will be in the center of the mall? What color scheme will be used? Will there be outside parking or will their be an enclosed parking garage attached to the mall? How many floors are in the mall? Do shoppers walk from store to store, or should we offer movable sidewalks or trams to transport customers?