Perkins High School Students To Venture Into The ‘Shark Tank’ 

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Is Sandusky ready for a “Duck Donuts” franchise? Or would an 
“Animal Splash” car wash at African Wildlife Safari flourish? How about a new hotel or a virtual reality park?

Those are some of the ideas for new businesses being floated by students in the Real World Economics class at Perkins High School taught by social studies teacher Tim Obergefell. The class requires the sophomores, juniors and seniors in the class to research and develop detailed business plans that detail profit and loss, real estate needs and other factors that every entrepreneur faces.

For the final examination, the 13 students in the class will enter the “Shark Tank” and pitch their business plans to a panel of potential investors, beginning at 9 a.m., Thursday, Dec. 20.

The final exam is modeled after the popular ABC reality show, where celebrity billionaire tycoons evaluate the business opportunities. The Perkins High School students will face a panel of local business leaders, teachers and other community members as potential investors, who will critique the students’ plans and provide feedback on the likelihood of success. The panelists (aka “Sharks”) also will decide to invest or not in the startups.

Former Perkins Board of Education member and business owner Steve Schuster is among the “Sharks.” Mr. Schuster visited the class earlier in December to share his business insights and discussed the economic realities the young entrepreneurs needed to consider as they planned their startups.

For the Perkins “Shark Tank,” teams of students each will have 15 minutes to present their business plans to the investors.

 

Here is a schedule of presentations and the students who will be presenting:

 

  • 9 a.m.: Restaurant and Bar and Arcade at Sports Force (similar to Dave and Buster’s) by students Mollie McVeigh, Madisyn Naufel and Katherine Tigges

  • 9:15 a.m.: Virtual Reality Park by students Lester Peters and Parker Deering

  • 9:30 a.m.: “Duck Donuts” franchise in Sandusky by students Grace Koisor, Julia Stanfield and Seton Buehrer

  • 9:45 a.m.: New hotel near Sports Force by students Lincoln Pfanner and Jacob Beatty

  • 10 a.m.: “Animal Splash” car wash at African Wildlife Safari by students Hailey Yaratch, Donielle Shumate and Brian Collart

 

The presentations will be Room 805 at Perkins High School.

Posted by d_shaw On 28 December, 2018 at 9:27 AM  

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