Who ARE You???? Big Business Group I am the Captain/CEO, Cheerleader/COO, Grader/CIO, Timekeeper/CFO, Helper/HRM of my company. I am responsible for: All Do-Shark Charts Brochure Advertisement (print and commercial) Making the product using 3 D program Presentation Board Investor Presentation PBLQ (Project Based Learning Question) How can I be a successful entrepreneur? _________________________ Design your own cover: Name _____________________________________ Block ____________ 1 Big Business Who Packet SCORING RUBRIC SCORE DESCRIPTION CATEGORY 4 CATEGORY 3 CATEGORY 2 CATEGORY 1 CATEGORY 0 Responses and work completed are incorrect. BLANK No response. The student completes all important components of the task and communicates ideas clearly. The student demonstrates in-depth understanding of the relevant concepts and/or process. Where appropriate, the student offers insightful interpretations or extensions (generalizations, applications, analogies). The student completes most important components of the task and communicates clearly. The student demonstrates understanding of major concepts even though he/she overlooks or misunderstands some less important ideas or details. The student completes some important components of the task and communicates those clearly. The student demonstrates that there are gaps in his/her understanding. The student shows minimal or basic understanding. The student addresses only a small portion of the required task(s). Self Check Score ________________ or Group check Score______________ Teacher Check Score ________________ 2 Unit I.4 – Reshaping of America: 1865-1917 Standard: Students will be able to explain the rise of big business and immigration in the late 19th and early 20th centuries (USII.2b; 4b, d) Learning Progression Advance I can evaluate the impact of “big business” on the American way of life Proficient Proficient I can connect the huge influx of immigrants and the industrial revolution to the rise of “big business” Intermediate I can give some examples of “big business” I can explain what is meant by the term “big business” Beginning 3 WHO Activities (1-8) Activity #1: What eight parts are essential for any business? 1. 8. 2. Brain Storm with your group. 7. 6. 3. 4. 5. 4 Activity #2: View the Hershey Video to help determine the eight factors essential for any business? Hershey Chocolate 1976 27 minutes https://www.youtube.com/watch?v=B4O7gd3zq5U 1. 8. 2. Big Business needs 8 factors to grow and prosper 7. 6. 3. 4. 5. 5 Activity #3: Check yourself, view the Big Business power point slides #9-19 and fill in the chart below. Your teacher will explain some of these elements more in depth and you will take notes. 1. 8. 2. Big Business needs 8 factors to grow and prosper 7. 6. 3. 4. 5. 6 Activity #4: Who are they? Using your device and or the class resources including “Men Who Built America History channel Videos” on Safari or You Tube to discover who were the Captains of Big Business back in the day? Thomas Edison “On” Henry Ford “Affordable auto” Alexander Graham Bell “Ring” John D. Rockefeller “Rock Oil” Andrew Carnegie “Carng EE steel” Cornelius Vanderbilt JP Morgan “Mortgage-bank” “vander built railroads” 7 On Safari: Men Who Built America A and E History channel Log in with school computer log in and password. #1 Men Who Built America, The: A New War Begins Permanent Links: Vanderbilt http://sm.lcps.org/?a=277595&d=37642AA #2 Men Who Built America, The: Oil Strike Permanent Links: Rockefeller, Standard Oil, Monopoly, End the Competition http://sm.lcps.org/?a=277555&d=37648AA #3 Men Who Built America, The: A Rivalry Is Born Permanent Links: Carnegie http://sm.lcps.org/?a=277636&d=37643AA #4 Men Who Built America, The: Blood Is Spilled Permanent Links: Carnegie, Homestead Strike http://sm.lcps.org/?a=277528&d=37647AA # 5 Men Who Built America, The: A New Rival Emerges Permanent Links: Carnegie, JP Morgan and Edison http://sm.lcps.org/?a=277601&d=37641AA #6 Men Who Built America, The: Owning It All Permanent Links: Edison, Tesla, JP Morgan, Rockefeller (Gas) http://sm.lcps.org/?a=277635&d=37644AA #7 Men Who Built America, The: Taking the White House Permanent Links: JP Morgan, Carnegie US Steel, Trust Busting http://sm.lcps.org/?a=277632&d=37645AA #8 Men Who Built America, The: The New Machine Permanent Links: Rockefeller and Ford http://sm.lcps.org/?a=277573&d=37646AA 8 Activity #5: Captains of Industry Instagram photos: AT HOME Using the Captains of Industry from Activity #4. Select 2-3 photos to virtually send to your history class friends. The photos need to clearly communicate who the Captain of industry is and you need to cut and paste them onto this page. Next, can members of your group tell which Captains you mean? 9 Activity #6: Business Vocabulary Use class sources or your device to define the following in your words. Entrepreneur Business Plan Investors/Capital Product/Invention/Goods Production Cost Profit Loss Competition Monopoly 10 Shark Tank Project Calling all business entrepreneurs and future CEOs Do you have an interest in creating a new invention that will make you a lot of cash? The SHARKS INVESTORS are looking for a new product, sure to WOW and grow into a Big Business!!! Only a select team will receive mega cash to start their Business. Remember: A product is anything that is offered for sale that a consumer may want or need. . TEAM TASKS: SHARK Planning Charts: Present/Past/Your Product Dazzling Investor’s brochure (SEE template) a. Printed Advertisement b. Moment of Math and Shark Offer c. 8 parts of Business d. Company Information 3 D Prototype and explain how it works. (SEE extra instructions) or Hand Made Model/Sample Product Top teams who created a 3D Model can win a chance to print their product with a 3D printer. Commercial: video/skit/song 30 seconds Create: 3-5 min. verbal investor presentation (Shark Tank-style) Presentation board display: Buy required size board from school store. Cost-$4.00 Present to others-8th grade sharks and RRHS FBLA and DECA Clubs 11 What should your verbal investor presentations be like? Shark Tank Episodes: http://www.youtube.com/watch?v=irZgD9VCaYo http://abc.go.com/shows/shark-tank/episode-guide/season-06/29-season-finale-sharkwheel-gato-cafe-sway-motorsports-spikeball http://www.cnbc.com/live-tv/shark-tank http://abc.go.com/shows/shark-tank/episode-guide/season-04 If you have any questions regarding this competition, please see your teacher (head SHARK). Please, exchange this information with your group members. Shared Lunch / Team Member Google Doc Share Resource Captain/ CEO: Chief Executive Officer Cheerleader/ COO: Chief Operations Officer Grader/ CIO: Chief Information Officer Timekeeper/ CFO: Chief Financial Officer Helper/Human Resource Manager 12 RUBRIC: 100 pts Names: _______________________ Block ________ Grade _____ _______ / 30 points: SHARK Planning Charts _______ / 40 points: Brochure _____ / 16: Did you include all company and product information asked for on the Brochure template? 1. 2. 3. 4. 5. 6. 7. _____ About your company _____ Personal Biographies on your CEO, CIO, CFO, COO, HRM _____ Product Name _____Print Advertisement _____Company Contacts _____Product Information: What, Who, Made, Where _____ Moment of Math: Cost to make (raw materials, factory, labor) Cost to Sell (shipping, store rental, store employees) Price? Profit? 8. _____ Shark Offer: What are you offering your sharks? _____ / 18: Did you successfully explain the creation of your product through the 8 parts of Big Business? 1. 2. 3. 4. 5. 6. 7. 8. 9. _____ capital resources _____ natural resources _____ advanced transportation _____factories and mills _____increased labor supply (workers) _____low-cost production _____ shipment to national markets _____ advertisement _____ Level of Detail: 4 Exceeds, 3 Meets, 2 Basic _____ / 6: Is your product creative, innovative, and realistic? _______ / 10 points: My Part was__________________________ Did you participate in the creation and presentation of the project? _________ What rating would you give yourself between 1 and 10? 1 the worst, 10 the best _________ The rating your group members gave you between 1 and 10? _______ /20 points: Investor Verbal Presentation and Presentation Display Board 3 to 5 minutes _____ / 4: Did you include a 3D prototype or Handmade Model/Sample of product? _____ / 4: Did you include a commercial for your product to play on device? _____ / 4: Did you have a verbal presentation for investors? _____ / 4: Did you include all parts of your brochure on your presentation board? _____ / 4: Did you answer any questions your potential investors had? _______ / 100: TOTAL SCORE How much $ did you get from the Shark Investors? ________________ 13 Cycle of Big Business S H A R K Think and Plan Present iPhone 6s Simple Idea To make life easier: Have Resources What do you need to make the product? Available Transportation of resources Factory/Mill Labor Supply Lower Cost of Production Retail/Shopping Pricing Shipping Markets Advertisement K Cash/Capital Shark Tank Investors Anticipated Profit 14 Cycle of Big Business S H A R K Think and Plan Past Henry Ford’s Model T or other Entrepreneur BB invention you pick Simple Idea To make life easier: Have Resources What do you need to make the product? Available Transportation of resources Factory/Mill Labor Supply Lower Cost of Production Retail/Shopping Pricing Shipping Markets Advertisement K Cash/Capital Shark Tank Investors Anticipated Profit 15 BRAINSTORM SHEET Student ideas: http://www.wptv.com/news/region-s-palm-beach-county/delray-beach/shark-x-grandview-prep-school- students-show-off-magnetic-invention-that-repels-sharks-and-stingrays http://blog.grandviewprep.net/2014/03/24/entrepreneurship_education/ What kind of products could we make? Chosen Product: What will the product do? Why would modern society want or need this product? Tasks: Who will do what to help the project? 16 Activity #7: Expert Advice: Before continuing with your business plan, get some expert advice. Write down one piece of Advice from each site or video. Pick 5-7. How to be Successful, business advice from Donald Trump http://www.filipmolcan.com/blog/how-be-successful-business-advice-donald-trump 10 Successful Business Principals http://www.adventurediplomacy.org/en/10-business-principles-explored-8000mhimalayas/?gclid=CJu227KQicgCFcQUHwodUksNvg 9 Tips to Growing a Successful Business http://www.investopedia.com/articles/pf/08/make-money-in-business.asp 10 Rules to Build a Wildly Successful Business: Also, check out “Honest Tea” Success Story Link http://www.forbes.com/sites/ericwagner/2014/01/14/10-rules-to-build-a-wildlysuccessful-business/ 10 Strong Tips for Entrepreneurs http://www.entrepreneur.com/article/204982 25 Musts for a Profitable Home Business http://www.entrepreneur.com/article/200730 17 Videos: 10 Tops Tips from Donald Trump https://www.youtube.com/watch?v=ExKp9e14Xmc 10 Top Tips from Warren Buffet https://www.youtube.com/watch?v=iEgu6p_frmE 10 Top Tips from Steve Jobs https://www.youtube.com/watch?v=eHzAtxW3TzY 10 Top Tips from Bill Gates https://www.youtube.com/watch?v=wq-gba5nMrc 10 Top Tips from Michael Jordan https://www.youtube.com/watch?v=NidqtkXq9Yg Oprah Winfrey https://www.youtube.com/watch?v=7a8ncSBU-Eg 18 Cycle of Big Business S H A R K Think and Plan Your Product Your Product Simple Idea To make life easier: Have Resources What do you need to make the product? Available Transportation of resources Factory/Mill Labor Supply Lower Cost of Production Retail/Shopping Pricing Shipping Markets Advertisement K Cash/Capital Shark Tank Investors Anticipated Profit 19 Your Investor Presentation and Display Board See Judge’s Rubric Round #1 8th Grade Shark Investors or Teacher and Administrator Shark Investors Presentation Date: __________ Location: _________ Time: ______ Dress: business Round #2 Rock Ridge FBLA/DECA Club Members Presentation Date: January 6th Location: Library Time: 3:30-5:30 Dress: business Dazzling Shark investors color brochure and several copies. All information is also on presentation board display. 3 D Prototype or handmade Model/Sample displayed on device or on table and explain how product works. Advertisement: a video/skit/song commercial which you will play on your device for Shark investors. 3-5 minute investor’s verbal presentation ready for visiting Sharks/Investors to get them to invest by giving you cash. You need to be able to answer questions and ask the Sharks for the $ you need. All group members must be part of the creative, entertaining presentation. 20 Shark Tank Team Evaluation On this page, please explain what each member of the group contributed to the project. Think about all aspects, including but not limited to: brainstorming, organizing, researching, writing, bringing in supplies, presenting the product, and more. Your name: _____________________________ What did you contribute? RATING: 1-10 __________ Peer name: _______________________________ What did he / she contribute? RATING: 1-10 __________ Peer name: _______________________________ Peer name: _______________________________ What did he / she contribute? RATING: 1-10 __________ Peer name: _______________________________ What did he / she contribute? RATING: 1-10 __________ Peer name: _______________________________ What did he / she contribute? RATING: 1-10 __________ 21 Activity #8: Recognize what you have learned: Business is a race to beat your competition by making smart or risky decisions that work in your favor. Play the game Monopoly and apply what you have learned in the Big Business Unit to the game. Last, watch start at :22 https://www.youtube.com/watch?v=xeLPNVmzerg end at 7:42. What do the tokens mean? Brainstorm with you group. Remember what you have learned in the Big Business Unit and your Shark Tank Project. http://coolmaterial.com/feature/the-story-behind-monopoly-pieces/ Scottish Terrier Battleship Automobile Top Hat Thimble Shoe (or Boot) Wheelbarrow Horse & Rider Iron (1930s - 2013) Train (Only in Deluxe Editions) Houses Hotels 22 Spaces on the Board: Brainstorm with you group. Remember what you have learned in the Big Business Unit and your Shark Tank Project. Go to Jail Get out of Jail Free Parking Community chest cards Chance cards Free Parking Dark Purple Mediterranean Avenue Baltic Avenue Light Blue Oriental Avenue Vermont Avenue Connecticut Avenue 23 Pink St. Charles Place Orange Red States Avenue St. James Place Kentucky Avenue Virginia Avenue Tennessee Avenue New York Avenue Indiana Avenue Illinois Avenue Marvin Gardens Yellow Atlantic Avenue Ventnor Avenue Green Pacific Avenue North Carolina Avenue Dark Blue Park Place Stations Reading Railroad B. & O. Railroad Utilities Electric Company Boardwalk Pennsylvania Railroad Short Line Water Works 24 Other: Brainstorm with you group. Remember what you have learned in the Big Business Unit and your Shark Tank Project. Monopoly Man Bank/Banker Rent Mortgage 25