Blog

Just a load of random thoughts and stuff i've been up to, probably not worth reading...

Wednesday, September 14, 2005

Young Enterprise

A few weeks ago, I was talking to some of the previous graduates at work and they mentioned this Young Enterprise thing they took part in last year. Basically, it involved being a business advisor to a particular school running a YE company for a year.

It's done by sixth formers as a voluntary thing, usually a lot of business studies students for obvious reasons. I had the opportunity to do it during my sixth form but didn't for some reason. The company is ran as a 'real' company and they have to try and make a profit using capital gained from share holders etc. Then at the end of the year it's a big national competition with lots of presentations by all the companies and stuff.

Anyway, the point is, I agreed to take part this year as a business advisor, with some of the other's from last year.... In theory it should be a really good experience, getting some experience in how running a business works myself and helping these sixth formers try and do well with their company over the year.

But there lies the problem. I've never had any experience with running a business and I have no idea what is involved!!! These sixth form kid's will probably have more idea than me, and I'm meant to be acting as a consultant to them :-|

Everyone from last year kept saying that it's not a problem because neither did they, but I'm not sure after attending the launch event today. Which no-one apart from me turned up to from my place to start with! I've come home with this huge pack of information which i'm guessing I need to know because apparently i'm meant to chair the first two meetings and explain to these sixth formers how it all works and how to go about setting up their business etc.

I think I need to spend a lot of time reading this information to have any chance at all of not making a total prat of myself at the first meeting!

Must think positive, if I get by the first few weeks the students should be running the business relatively by themselves so it shouldn't be as stressful and hopefully it'll all be worth it in the end if it's successful....

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