The size of the workforce in the UK is decreasing, leading to a growth in entrepreneurship. Between 2016 and 2017, there was a 6.4% rise in the number of UK entrepreneurs. This shows that there’s no better time than now to encourage entrepreneurial spirit in the classroom.
But how can schools instil the skills and values that students will need to become the entrepreneurs of tomorrow’s world? It’s a big challenge, but there are plenty of great solutions out there to get kids on board with the idea of creating their own businesses!
Bringing Entrepreneurial Spirit into the Classroom
Schools can instil entrepreneurial spirit in numerous ways, from teaching the skills an entrepreneur will need to hosting competitions. Here are five ways that schools can encourage kids to explore the world of entrepreneurship:
1) Young Enterprise Programmes
Established entrepreneurial programmes can provide a great framework from which to continue encouraging students to embrace entrepreneurial spirit. Young Enterprise is the leading charity for enterprise in the UK and have a number of established programmes for primary school students to university students. Many schools have already benefited from the introduction of their programmes.
What the percentage increase of entrepreneurship between 2016 - 2017? Click to Flip
2) Brainstorm and Solution Boxes
Brainstorm and solution boxes are a brilliant way to introduce entrepreneurship into every classroom. By providing students with a place to put their ideas and solutions, schools can encourage children to think creatively. Setting aside a little time during class or registration to discuss the ideas and propose new solutions will help students to embrace their entrepreneurial sides.
3) Local and National Entrepreneur Competitions
You don’t have to look far to find a vast selection of local and national entrepreneur competitions for students of all ages. These competitions offer students plenty of opportunity to get involved with different types of entrepreneurship.
The Tycoon Enterprise Competition is a great example of an entrepreneurial activity that schools can get involved in. Teams have to create business plans, start a business, and then compete with other schools. Students between the ages of 6 and 18 can compete, the competition is free to enter, and start-up capital is provided.
4) In-School Charity Entrepreneur Competitions
Schools don’t have to rely on outside entrepreneur competitions, students can easily create their own. Turning standard charity fundraising events into entrepreneur competitions is an effective way of getting children excited about starting mini-businesses and raising money for charity. From bake sales to sponsored silences, you can turn any fundraising event into an entrepreneurial event.
5) Teach Entrepreneurial Skills
Another way to encourage entrepreneurial spirit in children is to teach the skills that every entrepreneur needs to succeed, such as:
• Managing money
• Being productive
• Understanding strengths and weaknesses
• Creating a business plan and setting goals
• Communicating well
• Managing people and resources
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As many of the top entrepreneur skills, like productivity and communication, are also an asset to learning, there are plenty of benefits to covering these skills in class.
With the right tools, encouraging entrepreneurial spirit in the classroom can be incredibly easy and highly beneficial to students who want to start their own businesses in the future.
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