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Next Gen Hero > Blog > News > Virtual Enterprises International Teaches Students Entrepreneurship through Simulated Businesses
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Virtual Enterprises International Teaches Students Entrepreneurship through Simulated Businesses

Jonas
Last updated: 2023/03/28 at 6:47 AM
Jonas 2 months ago
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Virtual Enterprises International Teaches Students Entrepreneurship through Simulated Businesses
Virtual Enterprises International Teaches Students Entrepreneurship through Simulated Businesses / Celemi
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Virtual Enterprises International (VEI) is a program that aims to teach entrepreneurship skills to high school students. On Tuesday, VEI organized a trade show at Pittsford Sutherland High School, providing students from Western and Upstate New York with the opportunity to create and promote their own simulated businesses. The program helps students learn the skills of running a business and engaging in business-to-business transactions with other students from around the state and country.

More than 160 students took part in the trade show, showcasing their virtual products that they created over the past couple of weeks. The event was a capstone experience for students who began developing their virtual businesses in September. Ali Shama, the president of Virtual Enterprises, explained that the program provides students with the chance to learn how to run a business by actually running a business in their classroom. The students develop their businesses from scratch and participate in transactions with other students from around the country.

One student, Kellan Bronson, a senior at Sutherland, created a business that sells everything related to fitness, including gym apparel and products for before and after workouts. “We sell basically everything for fitness,” he said. “It’s not just any gym fitness; it’s everything before fitness, everything after — gym apparel just to keep everyone fit, before and after the gym. It’s just a fun group to be a part of.”

The program helps students prepare for the world of business by giving them hands-on experience and real-life lessons in entrepreneurship. Students learn to develop and run a business, as well as engage in transactions with other businesses. The program offers an immersive experience that allows students to apply the knowledge they’ve learned in the classroom to real-world situations.

VEI is a national program that has been providing entrepreneurship education to high school students for over 30 years. The program operates in 40 states across the United States and has helped more than 150,000 students start and run their own businesses. The program provides students with the opportunity to develop essential skills such as critical thinking, problem-solving, communication, and collaboration.

The trade show at Pittsford Sutherland High School was a major success. The students showed off their virtual products, which ranged from clothing to electronics to food products. The students had to create their products, develop a marketing strategy, and sell their products to other students at the trade show. The event gave students the opportunity to put their entrepreneurship skills into practice and receive feedback from potential customers.

The success of the program is evident in the feedback from students. “This program has taught me so much about entrepreneurship,” said one student. “I have learned how to create a business from scratch and how to engage in business-to-business transactions. It has been a valuable experience that has prepared me for the future.”

In conclusion, VEI’s program provides high school students with a unique opportunity to learn essential entrepreneurship skills. The program allows students to develop and run their own businesses, engage in business-to-business transactions, and receive feedback from potential customers.

The trade show at Pittsford Sutherland High School was a major success and showcased the skills and knowledge that students have gained through the program. VEI’s program is an excellent way for high school students to prepare for the world of business and gain the skills and knowledge necessary to succeed in the competitive world of entrepreneurship.

Jonas March 28, 2023
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