Business Retreat in Review
juniors and seniors participated in the Youth Business Retreat
held at the UTSA Downtown Campus on May 18-19, 2004. The retreat
was a joint partnership with the U.S. Department of Commerce Minority
Business Development Agency, the UTSA Minority Business Development
Center, Junior Achievement, Northwest Vista College and the SAISD.
Students completed a Personality Inventory (True Colors) that
provided insight into their dominant personality style. Students
formed teams based on their dominant “color” and then
were charged with creating a new product and hosting a launch
party for their product. Products were presented to the class
and presentations were analyzed based on dominant “colors”
of each group. Students realized the importance of identifying
and understanding the strengths and styles of team members, peers
Students also participated in the Junior Achievement TITAN program
that introduced critical economics and management decisions through
an interactive web-based simulation. Students applied their business
knowledge through an on-line competition based on the fictional
Holo-Generator. While simulating “business quarters”,
students entered decisions on price, production, marketing, capital
investment, and research and development. The impact of their
decisions lead to either success or failure of the team-owned
Holo-Generator companies. The competitions were exciting and the
strategies for sales, production and profits were creative!
All participants received a copy of The 7 Habits of Highly Effective
Teens for summer reading. Connections were made between the 7
Habits, True Colors and the importance of nurturing a Personal
Bank Account for a lifetime. Additional sessions focused on Junior
Achievement’s Personal Economics activities related to exploring
personal skills and interests, career options, and personal and
family financial management.
The retreat targeted entrepreneurship and the goals and qualities
necessary to become a successful business owner. Imagine “all
the places you’ll go” as a young and successful entrepreneur!
Create a plan and work your plan for a lifetime!