I.EXECUITIVE SUMMARY
The Entrepreneurial Matrix was created to be a simple mechanism to teach
entrepreneurship in a way that people could easily understand. Like Stop-Drop-and Roll for if
one gets stuck in a fire, the Entrepreneurial Matrix is a simple mechanism with hidden meaning
that people can easily understand. The way that this
mechanism is set up, the circular arrows represent that
entrepreneurship is always evolving and there is always
continuous development. Each of the four categories
correlate with each other and this order was a way for me to
organize how to promote entrepreneurship. For this years
DECA Entrepreneurship Project, LHS DECA embodied the
Entrepreneurship Matrix as a tool to develop our members
to think like entrepreneurs.
We conducted seven activities, carefully designed
and implemented, to showcase the values and skills of
entrepreneurs. During Global Entrepreneurship Week, from November 17th to 21st, we
conducted most of our activities. First, we conducted the Quote of the Day, where we made
morning announcements on the morning news to communicate with the students and faculty of
the school about our activities and we played the daily quote which engaged our students. We
created a showcase for our students to glance at to learn about the activities DECA is doing and
showcase the achievements of famous entrepreneurs. In our marketing and finance classes, we
played the Who am I sticker game, which was designed to challenge our students to see how
much they knew about famous entrepreneurs and helped inspire our students to learn more about
our famous entrepreneurs. By bringing in Jon Jay Vogel, a LHS alumni and entrepreneur, we
were able to reach out to our students on the life of an entrepreneur with someone they can relate
to. In order to develop our students, we brought a representative from The Gap for a Dress for
Success Seminar for our students was an event where they were able to learn about interviews
and dressing up for the business environment.
The DECA IDEA Challenge is an international competition for high school and middle
school students where groups learn to develop their own product from scratch and must make a
YouTube video on their product. We utilized the DECA IDEA Challenge to engage our students
in the skills of problem solving and teamwork, skills that an entrepreneur needs. Another major
activity we conducted was the LTPS Shark Tank of April 2014. An educational parody of the hit
ABC T.V show Shark Tank, this activity was our flagship event where we were able to engage
the commercial community and students of our school district in this event. Our winners, the
Kitchen Twins, were able to meet with venture capitalist firm, Edison Ventures, and were able to
get their products into markets in the county.
Overall, this project was a success because we were able to mobilize our chapter
members into our activities and get them involved in the project. The Entrepreneurial Matrix is
a mechanism branded to show how simple the idea of entrepreneurship is and our members were
able to take away how one becomes an entrepreneur and how simple the process of being one
could be.
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II.INTRODUCTION
A. Description of the local DECA Chapter
At Lawrence High School, LHS DECA is the
largest and one of the most recognizable organizations at
Lawrence High School. With a one hundred and seventy-two strong and united members, LHS
DECA strides to push itself to meets the ambitions of individual competitors and those of the
chapter. LHS DECA was founded at Lawrence High School in 1990. Since then, LHS DECA has
been very active in promoting the values
demonstrated in the DECA diamond. LHS
DECA has been very active in the community;
from hosting community oriented events like
LHS Idol, to hosting elegant breakfasts with
professionals, to presenting the youngest
members of Lawrenceville in Financial Literacy
fairs. With the influence from active student
leadership, LHS DECA members have
been encouraged to push for the top of
their competitions and to use DECA to strengthen their personal networking and leadership
skills.
As a co-curricular organization, LHS DECA has used the classroom to inspire and
educate its students on personal financial literacy and real-world awareness of our economy and
society as a whole. Our most popular classes include Sports Marketing I & II, Entrepreneurship
Marketing I and II, International Business and Financial and Accounting Honors. With a diverse
LAWRENCE HIGH SCHOOL 2014-2015 CHAPTER ENTRPRENEURSHIP PROJECT
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program of courses, LHS DECA members are always encouraged to use the skills learned in the
classroom and use them in a real-world setting.
Another popular event that LHS DECA members utilize is the Open Classroom. On
Wednesday Nights, our advisors Mrs. Schneck and Mr. Rick and some of our members
competing in research and chapter events come together to work on our respective projects. This
program is available for all members; for example, one may come in to prepare for Team
Decision Making Events or work on classroom projects. With this event, we not only learn from
each other on preparing our events, it is a
bonding event where we become more
united as a chapter this program essentially
keeps our program stronger and keeps our
older members in DECA and it is a great
way to get to know our advisors.
Essentially, LHS DECA is a strong student
centered organization that strives on
networking and teamwork. LHS DECA strides to help the community and represented the values
of the DECA Diamond. This project presents this chapter because of how pragmatic and
complex our chapter is and how Entrepreneurship can be pragmatic if the values of the DECA
Diamond are represented.
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inspire young people to embrace innovation, imagination and creativity. To think big. To turn
their ideas into reality. To make their mark.
MONDAY (17)
TUESDAY (18)
-Announcement
-Announcement
WEDNESDAY (19)
-Announcement
-Who am I Game?
THURSDAY (20)
FRIDAY (21)
-Announcement
-Announcement
-IDEA Challenge
Submission
Deadline
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We also planned to bring in LHS alumni and entrepreneur John Jay (JJ) Vogel in to speak
to marketing students about becoming an entrepreneur. As an entrepreneur and owner of 215
Marketing, a Philadelphia based marketing firm, we hoped that his experience and youth would
appeal to students and it would gather the attention to students. We also had the DECA IDEA
Challenge. We aimed to have the DECA IDEA Challenge as a competition where students
would learn about problem solving and teamwork, both crucial to entrepreneurs. I also had the
students in DECA play a Who am I? Game where a
student would put a sticker with a name of a famous
entrepreneur on their head and other students would
give clues on what the person did. Another activity I
planned was the Dress for Success campaign, where
we brought in a representative from the GAP and he
spoke to our members in the Library
about dressing up for the business
world and interview skills. This was an important activity because students
were able to learn how to dress and we wanted to prepare them for an
interview with a job. Another major activity is our LTPS Shark Tank, which we are working
with the LHS Business Academy. This event is an educational parody of the ABC hit TV show,
Shark Tank. We plan to use this activity to gather the attention of the community to the interests
of small businesses and spread the ideas of entrepreneurship. All of these activities have a major
purpose, to teach how to become an entrepreneur and the values of being one.
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this activity was really about. For our Dress for Success event, we prepared by communicating
with representatives from the GAP and we prepared a PowerPoint for him.
The LTPS Shark Tank was a major event. In our first year, the event was a huge success
as our winner, The Kitchen Twins, was able to meet with Edison Ventures and actually got their
products into the Pennington Market. I was in the forefront of this activity and I knew that the
most important thing to do was to recruit heavily for contestants and reach out for sponsors. To
attract and meet sponsors, a couple of DECA and Business Academy officers, including myself,
met with members of the Mercer County Chamber of Commerce and the mayor of Lawrence
Township to discuss our event and solicit sponsors. At this meeting, we learned about the
mayors plan to attract new businesses and we were able to make deals with the members from
the business community, one included hosing a
preview Sneak-Peak to Shark Tank at the Quaker
Bridge Mall. Meeting with this group helped us
expand our activity to attract more sponsors and
audience members. This activity will be a key
component of this project because it will inspire more
people to think like entrepreneurs and what it takes to
start a company.
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C. Implementation of activity(ies)
All of these activities were successful because they ran smoothly according to plan as we
expected. During Global Entrepreneurship Week, the showcase also gained great response from
our school. Students eagerly looked into the display and were able to learn more about
entrepreneurs from different fields. For our Who am I?: Quote of the Day, our student body
responded well to this game. It was known that as soon as I had said the quote, a rush of students
would run into my advisors classroom to scream out the answer. Many students and faculty
members were enthusiastic about this game and it
delivered positive feedback and we were able to express
our values of entrepreneurship.
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appearance was a huge success because it successfully engaged the members into understanding
entrepreneurship. We brought him in and he spoke about his experience in college and high
school and his business career. J.J spoke about the troubles that entrepreneurs might have to go
through before profiting off their hard work. J.J has brought up his experiences with past
ventures and how entrepreneurs must keep going
with what they want. He brought up the product
cycle and then students were able to ask him
about anything to pick his brain and bounce
ideas off him.
The DECA IDEA Challenge started on
November 13th with the release of the mystery
product. Participants in this international
competition are challenged to create their own
product in groups and create a video about
making their products. Participants received five
days to create their product and their video and
had to submit their video by November 20th. We
gave the members the mystery item-newspaper
and the students had to create their products.
Students had learned to use the Marketing Mix to
market their product in the videos and they have
to learn problem solving, working in a team, and
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working with scare resources. All products needed were given and all students were able to
successfully submit their projects. Although a winner was not selected from Lawrence High
School, our members gained valuable experience about problem solving and the skills they
applied to this challenge are the skills entrepreneurs use today.
The activity, Who am I?: Game, was another successful activities that we had
implemented. We implemented this activity by which we gave each student in their business
class a sticker with a name of an entrepreneur. Once each student had put the sticker on their
forehead, they began to walk around the rooms and the classmates would give each other clues
about who their person was. One the person correctly guessed their entrepreneur, they would
take off their sticker and the game would not be over until everyone had guessed their
entrepreneur.
Dress for Success was the activity where I had
brought in a representative from the GAP to speak to DECA
students about dressing for the business environment and
preparing for interviews. The representative used a
PowerPoint and made his presentation. His presentation was
good because he made it interactive for the students and this
was a big event because it helped developed the students for
a professional career and since this was before the DECA
Regional Conference; it helped our DECA members dress
for success.
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represented and what DECA means to the community. Our display board was well received and
it set a good example on how simple entrepreneurship is and it was clear enough that it did not
confuse students and it was easy to enjoy. Our
Who am I? Game was a very successful event
that we had during Global Entrepreneurship
Week. It was simple to manage and our chapter
members liked this event because they had to
learn to trust their fellow classmates and it
tested our members to see if they knew who the
famous entrepreneurs of this era.
The DECA IDEA Challenge was a very
important part of our project that we found successful because we were able to get a large
portion of our chapter involved. With the DECA IDEA Challenge, our DECA members were
able to learn more about marketing and how to create a product. Our members were able to learn
how to try to promote their products and try to get people to like their product. Activities like the
IDEA Challenge are fundamentally important to the evolution of business because product
development is based on problem solving and thats what this activity gave to the students. I
liked this activity because students were able to learn basic skills like problem solving and
working in a team, all essential skills to working in a business as an entrepreneur. This activity
taught students how to think like entrepreneurs.
Another activity where the response matched our intentions was our Dress for Success
event. This was one of my favorite events because it taught our members a value skill that they
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will need in the future-dressing for the job. It was perfect timing because it was right before our
regional conference and while for some students it was a review, for others, it helped the set the
standard of Wall Street. Our representative from the Gap helped our students because they
learned that the not all popular conventions on style is correct and what they see is not what they
should do sometimes. Our speaker was great and our students took a lot away from this activity.
This activity was important because it developed our DECA members into entrepreneurs because
in business, one has one chance to make a good impression
and dressing right makes a bold impression.
Bringing in J.J Vogel was probably one of the best
decisions my advisor and I had made for this project. J.J
Vogel is a good example of learning the real life of an
entrepreneur and what it takes to be one. His focused and
determined attitude and commitment towards his firm, 215 marketing, is something that our
students can look off of for if they want to be entrepreneurs. J.J Vogel was someone relatable to
our students because of his age and experience in life. He talked about his experience in college
and high school, which helped engage our students in how entrepreneurs are not above us, but
how they are just regular people with dreams who have attitudes that others must admire. Our
students were able to ask him anything, and what this did was that it taught our students basic
networking and it taught our students that the best way to learn about business and life skills
is from those who walked in their shoes.
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As President of the LHS Business Academy and an officer for our local DECA chapter, it
was easier for me for plan the Shark Tank event and I had a lot of control over this event. I liked
the way that we planned this event because I was able to
connect with businesses in the community better and I was
able to understand the role of commerce in the
community. When we met with the Chamber of
Commerce, I was able to understand the strides that the
town government was taking to make Lawrence Township a
commercial hub for Mercer County. I learned how to network
with these business owners, which helped us receive sponsorships. Working in the 2014 LTPS
Shark Tank, I knew the response of the community and what our students and DECA members
took away from this event. I liked the role this chapter had taken in planning this event and I
knew it was going to be a successful event.
This project gave me something that I value, the opportunity to lead. I came into this
project thinking it would be easy and I would only teach others about entrepreneurship, but
instead, I also taught myself about the values of entrepreneurship because the basic skills in
being an entrepreneur could be applied to this project. I learned that I need to be a clear speaker
and I need to learn how to communicate effectively. This entire project was based on
communication. An entrepreneur needs to communicate to sell their product to consumers,
investors and employees. I needed to learn how to communicate with my classmates, officers,
and advisor. Communication comes in different forms and in this project; I learned how to
communicate with others and learned the many ways to communicate effectively. I learned that I
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had to say what I want and the members and advisor would just say yes. Well, there was traffic
in my ambitions and I had to learn that I had to always to prepare to adjust to make things better
for everyone, not just me. I had to learn to listen from experience, and I had to listen to what
others wanted. I needed to learn how to listen because for me, it would help me with problem
solving. An entrepreneur needs to have good listening skills when they run a project or company
to make the goal reachable and I reached my goals by becoming a better listener.
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V. BIBLIOGRAPHY
"Welcome." Lawrence Township. Lawrence Township, n.d. Web. 19 Jan. 2015
"Lawrence Township's Growth & Redevelopment Awards Breakfast | Mid Jersey Chamber of
Commerce." Lawrence Township's Growth & Redevelopment Awards Breakfast | Mid
Jersey Chamber of Commerce. N.p., n.d. Web. 19 Jan. 2015.
Halsted, Tom. "The Real, Shameful Story behind Dont Give up the Ship! - The Boston
Globe." BostonGlobe.com. Boston Glove, 19 June 2015. Web. 19 Jan. 2015.
Onyemah, Vincent, Martha Rivera Pesquera, and Abdul Ali. "What Entrepreneurs Get Wrong."
Harvard Business Review. Harvard Business Review, 01 May 2013. Web. 19 Jan. 2015.
Lawrenceville NJ Census Records. AmericanTowns.com: Online Local Community NetworkConnecting The Community Is What We Do Best. Web. 10 Jan.2014.
<http://www.americantowns.com/nj/lawrenceville-information>.
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