Students acquire business planning skills by brainstorming, testing and presenting business ideas in the ‘Shark tank’. They pitch their business ideas for a product or service in the space of 10 minutes, having produced or considered prototypes, customer personas, competition, validation, stakeholders, sales, marketing and finance, risks and legislation, and future plans. Entrepreneurs will then evaluate and give feedback on the business idea and students will gain valuable tips for developing their business ideas.
Duration/length
Preparation of the presentation and training is at the teacher’s discretion.
10 minutes per presentation.
Feedback and discussion – 15 minutes.
Learning objectives
Students will have a positive attitude towards entrepreneurship and identify entrepreneurship as an opportunity for their career paths.
Students will be able to identify business opportunities and solve customer problems in a responsible, innovative and sustainable way, in cooperation with their network.
Students will understand the key aspects of entrepreneurship and business planning.
What entrepreneurial skills does the tool strengthen?
Identifying opportunities, evaluating ideas, self-awareness and confidence in own abilities.
Implementation tips
The best results are achieved through student collaboration.
Presentations become more concrete when there is a prototype of the product or service.