Busi­ness plan leads to win­ning idea

Taupo Times - - CLASSIFIED - TAMARA THORN

Keep­ing your feet warm dur­ing win­ter will no longer be a prob­lem thanks to some in­ven­tive think­ing by Tauhara Col­lege stu­dents.

The so­lu­tion to the win­ter blues has come about thanks to a group of Tauhara Col­lege stu­dents and their busi­ness idea; ’Hot Socks’.

Stu­dent Keith, leader of busi­ness group ‘‘Gearz’’, said his group’s in­ven­tion of hot socks was very prac­ti­cal.

‘‘Re­cently, it’s been get­ting into colder months, so we thought of an in­ven­tion that warms up your feet,’’ he said.

Each sock has a sewn-in pouch and a hot pack that gets in­serted into the pouch once it is heated.

He said the prod­uct would be sold to whole­salers for $20, and then sold on to cus­tomers with an ad­di­tional mar­gin.

Keith said, de­spite the prod­uct’s pre­mium price, he imag­ined it would sell well.

‘‘You can use them all the time, wher­ever you’ve got a mi­crowave - so home or school.’’

The ideas came about when busi­ness and eco­nomic stu­dents came to­gether to cre­ate ideas to present to judges over three-days.

Twenty-Seven level one, two and three stu­dents were sep­a­rated into five groups, and took part in a three-day busi­ness course called MaiBiz run by fa­cil­i­ta­tor Mark Douglas.

Douglas said it was a dif­fer­ent way of teach­ing stu­dents life skills out­side the class­room.

He said stu­dents learn how to make a suc­cess­ful busi­ness and gather im­por­tant life skills like team­work, time man­age­ment, del­e­ga­tion, ne­go­ti­a­tion, and goal set­ting.

Douglas said ‘‘At the end of the day it’s about learn­ing in a dif­fer­ent way out­side of the class room.’’

Eco­nomics and busi­ness teacher Kylie Sar­gi­son said the pro­gramme is ben­e­fi­cial for the stu­dents as it changes the way they think and en­cour­ages them to work with dif­fer­ent peo­ple.

‘‘The best thing about this is that it’s given them the op­por­tu­nity to give them the prac­tice of the skills re­quired for the in­ter­nal as­sess­ment they are work­ing on this year.’’

This years win­ning in­ven­tion was made from 80 per­cent raw ma­te­ri­als.

Win­ning busi­ness group ‘Gearz’

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.