Business plan leads to winning idea
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’