Projects
Supply
and Demand
Total Time Spent: 20 Hours
Target: Second graders at Quindaro Elementary
Goal: Teach the children about
supply and
demand, explain how the economy works,
invent and play a fun and educational game
so the children could place themselves
in the shoes of a consumer.
Accomplished: The children each received the
same amount of cans and were given a choice of items to
buy.
The prices
of the items were all the same the
first round of the game. The item that was chosen
the most had a one can price increase while the item chosen
the least had a decrease in price by one can. The
children were then given more cans to once again visit our
store. The children began to realize that they could
no longer afford the items they wanted the most, but could
now get two or more less popular items for the same amount
of cans.
Follow up: As
we left, the teacher continued the day by reinforcing the lessons
we had taught. All of the children
were given supplies that were needed, such as pencils, paper,
and erasers. All of the can goods used in this
project were donated to our community. We were asked
to come back soon and we were awarded with
letters of thanks from each individual child.
Entrepreneurship
Total Time Spent: 75 Hours
Target: Students at Academy of Kansas
City
Goal:
Explain what an entrepreneur is and who
can be one. Teach that every profession
has a purpose and need in
our everyday economy. Help set up
ways the school could plan, market, and
sale products to raise money for
their school.
Accomplished: Over
70 fifth threw eighth grade students participated in this workshop.
The simple question of "What do
you like to do" started our presentation. The children
answered with a variety of hobbies. It was then explain
how
everything they enjoy doing can be made into a business.
Many of the children were surprised that playing with
hair, riding a bike, playing sports, or simply baby-sitting could
make them so much money if they decided to
open their own business in one of those fields.
The children were then given
ideas of things they could do to raise money for school activities.
Easter baskets
were made and filled with candy and toys. It was then showed
that even though the average price of making
a basket was two dollars, they could easily be sold for five to
ten dollars. The students were shocked to see
over a two hundred percent profit could be made from each basket.
Follow up: Students were asked to write
down one thing they learned and found interesting. The principle
of the
school
said we were a “blessing in disguise” and asked us
to please return for many more projects.
Promotion
& Fundraising
Total Time Spent: 68 Hours
Target: KCKCC students, family and friends
Goal: Since this is the first semester
ever for KCKCC
to have a S.I.F.E. team, we needed to
get the word out. We also teamed up with some
of the art students at our college to help
promote the art department. Funding
was needed to bring our team to competition, so
sale of raffle tickets was done on and off
of campus.
Accomplished: During half time, at a few of
our basketball games, a booth was set up to promote S.I.F.E. to
KCKCC students,
their families and friends. The art department joined forces with
S.I.F.E. by drawing live pictures during
the games and sold them to raise a little money for their future
projects. This very clearly represented students
in free enterprise. Many students inquired about the S.I.F.E.
program and decided they would like to
join the team.
Over 250 raffle tickets were sold within two months
to help support financial needs of our S.I.F.E. team.
The drawing was for two prizes, a CD player and a TV with VCR.
Tickets were sold during school
hours at a booth set up close to the cafeteria and off
campus to family and friends. This raffle drawing not only
helped
our funding, but also spread the word about S.I.F.E.
Follow up:
We will begin fundraising shortly after competition to
give us a full year to raise money. Continuation of
promoting our S.I.F.E. team will never end. Building a larger
and stronger team will be our goal for many years
to come, and helping our community will always be our first priority.

The KCKCC S.I.F.E. Team
would like to give thanks to all of our supporters and business
advisors.