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Young Entrepreneurs | Summit School| Wednesdays

Day 3. January 21, 2026

CEO of the week: Gideon Make a list of everything we need for the Summit Spring Sale

Your list should include: 

  • Brainstorm what kind of marketing we should have (posters, posts, word of mouth, anything else?)
  • Brainstorm what we need for the day of sale (tables, Price Tags, posters for each business, anything else?) 
  • Make a list of everything and bring next week. 

Last week's CEO Ziyaan - Please share the poster in pdf format with me (hasina@explorerhop.com)

What we learned

Today we learned about the importance of being organized and having an operation plan.  Each team is building a plan and should finish it at home.  It should list absolutely every task they need to build the product, market the product, set up their pop-up shop and anything else they need.  All teams already have the template in Google Sheet and it should include the following column headers: 

  1. Date things need to be done by (When they need to be done)
  2. Who is doing it
  3. What they need to do
  4. Status (Done, Not Done, Underway)

Product Update

Minetemps

Product:  Melted Bead figures

Team Members: Neil, Liam, Justin and Mark 

To do: 

  1. Send pictures of each of the products to Hasina (hasina@explorerhop.com)
  2. Finish your poster 
  3. Write a Blurb about your company - 1 paragraph 
  4. Finish your operations plan and write all the tasks you need and who is going to do it and when it needs to be done by.  

FROM 2D to 3D

Final Products and prices: 

  1. Cat in the cup $5
  2. 3 x fidget spinners (2 that go into each other and 1 circular one) $2-$3
  3. Phone stand but needs tons of improvement to design to make it cost and time effective. $5

Team Members: Grace, Emily, Gideon, Ziyaan, Selena

Next Steps: 

  1. Costing was provided.  Well done.  Phone stand has not been re-designed so need update on that 
  2. Need logo! Email it in .jpg or .png format to Hasina (hasina@explorerhop.com)
  3. Send pictures of each of the products to Hasina (hasina@explorerhop.com)
  4. Finish your poster 
  5. Write a Blurb about your company - 1 paragraph 
  6. Finish your operations plan and write all the tasks you need and who is going to do it and when it needs to be done by.  

___________

P&D Bakery

Products

  1. Cookies $2

Team Members: Jade & Zoe

Next Steps: 

  1. Excellent job done with the price breakdown
  2. Send pictures of each of the products to Hasina (hasina@explorerhop.com)
  3. Finish your poster 
  4. Write a Blurb about your company - 1 paragraph 
  5. Finish your operations plan and write all the tasks you need and who is going to do it and when it needs to be done by.  

__________

Slime

Product: 

  1. Slime with Glitter $5

Team Members: Teya & Sunny 

Next Steps:

  1. Superb product and the idea of adding beads on the slime was A++
  2. Please send me the logo in .jpg or .png format. Send to hasina@explorerhop.com
  3. Excellent job breaking down the cost
  4. Send pictures of each of the products to Hasina (hasina@explorerhop.com)
  5. Finish your poster 
  6. Write a Blurb about your company - 1 paragraph 
  7. Finish your operations plan and write all the tasks you need and who is going to do it and when it needs to be done by.  

______

Mini Cupcakes

Product: 

  1. Mini Cupcakes $1

Team Members: Tiana & Sophia

Next Steps:

  1. Need clarification: Are you doing regular cupcakes or mini cupcakes? The beautiful cupcakes you brought today were regular ones.
  2. Need company name
  3. Need cost per item broken down 
  4. Send pictures of each of the products to Hasina (hasina@explorerhop.com)
  5. Finish your poster 
  6. Write a Blurb about your company - 1 paragraph 
  7. Finish your operations plan and write all the tasks you need and who is going to do it and when it needs to be done by.  

Concern:  Both girls need to build the products together.  Also cupcake needs a list of ingredients and needs to be made in a nut free kitchen - please confirm that. 

_____

Stickers

Product: 

  1. Soccer and Hockey Stickers 

Team Members: Ethan & Adin

Next Steps:

  1. Need company name
  2. Need sample stickers 
  3. Should look at other sticker designs also so that more kids can buy
  4. Need cost per item broken down
  5. Send pictures of each of the products to Hasina (hasina@explorerhop.com)
  6. Finish your poster 
  7. Write a Blurb about your company - 1 paragraph 
  8. Finish your operations plan and write all the tasks you need and who is going to do it and when it needs to be done by. 

Concern:  I need to see actual stickers and cost estimates next week

_____

Chocolate

Product: 

  1. Home made chocolate

Team Members: Jake, Jack & Ozzie

Next Steps: 

  1. Need company name
  2. Need to see sample - may want to consider using modeling chocolate as it's much easier to work with. 
  3. Need cost per item broken down

Concern:  Please come next week with a sample product in packaging.  If the chocolate does not work out, team decided to make clay figurines. 

______

Fruit on a Stick

Product 

  1. Strawberries and Blueberries on a stick 

Team Members:Aya, & others

Next Steps:  

  1. Need company name
  2. Need a label on each package to say what is inside. 
  3. Need logo - send in .jpg or .png form to hasina@explorerhop.com 
  4. Finish your poster 
  5. Write a Blurb about your company - 1 paragraph 
  6. Finish your operations plan and write all the tasks you need and who is going to do it and when it needs to be done by. 

Concern: Because this is fresh fruit that could go in waste, the emphasis should be to try to pre-sell as much as you can via the website (which will be built next week)

______

Day 2. January 21, 2026

CEO of the week: Ziyaan Please get the logo from Zoe and then add that to a Canva poster image, which advertises the event to put up around school.

What we learned

Today we learned the concept of Minimum Viable Product - what is the absolute minimum you need to spent and have on the product to make it sellable. 

Students who have selected their products went through their products to determine what costs they didn't need or were "nice to have".  

Here is what they need to do: 

  1. Create a comprehensive list of everything they used to manufacture their product.  
  2. Find the exact cost of all these inputs/ingredients. 
  3. Determine how many items you can make with these ingredients - this gives you the total 
  4. Now divide this by the quantity to figure out the price for one unit of your product. 

⭐ Example:

If all your ingredients cost $11, and you made 10 cups of lemonade, then:

$11 ÷ 10 = $1.10 per cup

So the unit price is $1.10.

Now, see if the sale price you had in mind is still higher or if other alterations are needed . 

Product Update - Next week all products have to be finalized. 

FROM 2D to 3D

Final Products and prices: 

  1. Cat in the cup $5
  2. 3 x fidget spinners (2 that go into each other and 1 circular one) $2-$3
  3. Phone stand but needs tons of improvement to design to make it cost and time effective. $5

Team Members: Grace, Emily, Gideon, Ziyaan, Selena

Next Steps: 

  1. Need to do the breakdown of printing time + cost of plastic for each item so see if the price is viable. 
  2. Need logo

_____

P&D Bakery

Products

  1. Cookies $2

Team Members: Jade & Zoe

Next Steps: 

  1. Break down the price by ingredients so you know what the cost of one cookie is.
  2. Determine if the cost of the smarties is really needed 
  3. Ask your mom how much the cool zip loc bags cost as that needs to be factored in as well in the cost. 

Slime

Product: 

  1. Slime with Glitter $3

Team Members: Teya & Sunny 

Next Steps:

  1. Need company name
  2. Need sample product and packaging 
  3. Need cost per item broken down

______

Mini Cupcakes

Product: 

  1. Mini Cupcakes $1

Team Members: Tiana & Sophia

Next Steps:

  1. Need company name
  2. Need sample product and packaging 
  3. Need cost per item broken down

_____

Stickers

Product: 

  1. Soccer and Hockey Stickers 

Team Members: Ethan & Adin

Next Steps:

  1. Need company name
  2. Need sample stickers 
  3. Should look at other sticker designs also so that more kids can buy
  4. Need cost per item broken down

_____

Chocolate

Product: 

  1. Home made chocolate

Team Members: Jake, Jack & Ozzie

Next Steps: 

  1. Need company name
  2. Need to see sample - may want to consider using modeling chocolate as it's much easier to work with. 
  3. Need cost per item broken down

_____

Frozen Frenzy

Product 

  1. Strawberry Popsicles 
  2. Blueberry Popsicles 

Team Members: Lucas, Aya, & others

Next Steps: Need product confirmation.  The alternative idea of fruit kebabs is not a great idea because of the potential waste and high cost of fruits. 

Day 1. January 14, 2026

Hi Everyone 

Welcome to Young Entrepreneurs.  Throughout this term, we will learn how to build a business while developing our own product.   We have only 8 hours for the class so you will need to do some work at home. 

Overview + Product info

 On Day 1, we talked about products and we like to start by that because this is what you will be selling at the end.  

Below are the Teams and the Products.  You are more than welcome to change your product.  Just remember these rules: 

  1. You need to be able to make the product on your own 
  2. You should be able to make a few of them over the coming weeks so that you have enough to sell.  So, don't pick something that takes a lot of time because you won't have time to make multiple products. 

Sale Date: Our Sale Date is March 5, and the school will tell us where it will be.  Our event is called Summit Spring Sale and every week we will have an overall CEO who will be responsible for an aspect of planning the event.  

CEO of the week: Zoe- Please design a rough logo for the event.  

Teams:

Here are the teams- it's possible that some teams did not give me their sheet. If that is the case, let me know this Wednesday

FROM 2D to 3D

Products: 

  1. Fidgets (Ziyaan)
  2. Bookmarks (Ziyaan)
  3. Phone Holders (Selena)

Team Members: Grace, Emily, Gideon, Ziyaan, Selena

Concern:  It looks like it's mainly Ziyaan building the product. 

_____

P&D Bakery

Products

  1. Cake Pops
  2. Cookies

Team Members: Jade & Zoe

Concern:  We should make sure the ingredient list and allergies are clearly identified. 

_____

Lucky Puppets

Product: 

  1. Finget Puppets

Team Members: Teya & Sunny 

Concern: Need confirmation for product as one member was not there on Day 1

_____

Fluffy Plushies

Product: 

  1. Paper Plushies

Team Members: Tiana & Sophia

Concern: None right now

_____

3D Fidget Fun 

Product 

  1. Animal Toys 

Team Members: Ethan, Jack, Ozzie, Adin 

Concern: I need to see what you mean by Animal Toys 

_____

Frozen Frenzy

Product 

  1. Strawberry Popsicles 
  2. Blueberry Popsicles 

Team Members: Lucas, Aya, Jake & others

Concern: I want to understand how you will keep it frozen + Need Names of Team Members

_____

To bring for next class: 

  1. ONE EXAMPLE of the product - so for example, ONE CAKE POPor One Fidget Spinner - packaged in the way you want to sell it.  The purpose is to make sure that
  • you are able to create your product,
  • it doesn't take a long time, 
  • it is something you want to do

You are very welcome to change your product this week.  

       2. For those of you who know canva, feel free to work on your logo.  

       3. Bring your computer

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