Teens making thousands from selling online

A shift from paper-rounds to teens ‘building empires from their bedrooms’?

Generation Z (those born in the mid 1990s to early 2000s) are finding new ways to make substantial amounts of money from the comfort of their very own bedrooms. Reselling hyped merchandise from the likes of Supreme online, through platforms such as Depop and Ebay is making some teens up to several thousand pounds a month.

A number of entrepreneurial teens are using social media to gauge the popularity of limited edition products, to then purchase and resell them online.

The article on The Guardian’s website talks about this new trend and speaks to a few of the entrepreneurial teens making money from it.

Enterprise Awards 2017 in photos

11th December 2017, Lancaster House Hotel.

Congratulations to all the winners, finalists and nominees at this year’s Enterprise Awards 2017!

For those of you who couldn’t make it, the winners were…

Student Leader: Sofia Akel, Racheal Alake, Tolu Adeshina & Georgia Frimpong – Black Excellence Networking Events Team

Knowledge Exchange Champion: Luke Brown

Impactful Researcher: Paul Whaley

Sustainable Venture: Kaizen Academy

Bright Sparks: Raymond Alake

You can view all of the finalists and find out more about the Awards in the booklet below, this can also be downloaded here for easier viewing!

We had a great evening celebrating the achievements of Lancaster students, alumni and staff and would like to wish everyone a healthy and happy new year. See you in 2018!

P.S are you in any of the pictures below? Tag yourself on our Facebook page here

Learn from an experienced financial director

Meet an Entrepreneur in Residence

This week’s Entrepreneur in Residence is Sue Anderson of Pendle doors who with her husband has worked to build a successful manufacturing business. We have a number meeting slots available to meet with Sue on Wednesday, please email enterpriseteam@lancaster.ac.uk  to book.

Sue Anderson (Financial Director of Pendle Doors)

Wednesday 6th December

Pendle Doors are a family business and one of the UK’s leading manufacturers of British made modern and contemporary high quality internal and external timber doors, doorsets, secured by design entrance systems, glazed screens and purpose made joinery to  the construction industry, including the Education, Healthcare, Residential and Leisure sectors.

Sue initially joined the business which was set up by her husband Steve on a part-time basis doing the accounts, as the business grew substantially this became a more hands-on full time role. The firm has enjoyed enormous growth and success through the hard work and dedication of Sue and the entire workforce and has built a reputation based on reliability and service.

 

Learning to create more a-ha! moments in learning

How do you learn? I learn through doing; a-ha..! Knowledge applied through reflection of a real life experience.

Learning to master ‘Creative Confidence’; sharing learning at Stanford d.School’s University Innovation Fellows Teaching and Learning Studio July 1997

Those ‘A-ha!’ learning moments come for me, more often than not, when I’m doing or trying something out; experimenting for myself or more crucially doing it with others.

I spoke to a university graduate and a current postgraduate student recently and they expressed a similar view. They described learning as not knowledge being poured in but in the application of new knowledge; both expressed a desire for more opportunities for active learning in the classroom, for discussion and collaboration across disciplines to share ideas and perspectives. ‘I want to know what I can do with this knowledge; my knowledge out in the world.’

We see that magical ‘aha’ moment a lot when students bring a problem or an idea to work through together in the Ideas Labs we run weekly in the Learning Zone during term time.

Working on your own idea is a motivated process of being willing to challenge your dearest held assumptions, experimenting to apply knowledge you have or new knowledge you have found, joining the dots to make sense of what’s needed to move forward and validate an idea as an opportunity. It’s about the search for desirability, feasibility and viability of a solution users want, need and will pay for; even just paying with their time; whether it’s a project, a social enterprise or a business venture of some kind.

The Teaching and Learning Studio at Stanford University is a place where educators from all disciplines experiment with new ways of engaging students using design thinking and experiential learning to solve wicked problems. The studio supports educators to develop strategies that help students develop skills and mindsets for the 21st century and I was very fortunate to be an awardee of the EEUK Richard Beresford bursary, a personal development fund for educators, which part funded a trip to the studio for the learning trip of a lifetime.

Fresh from d.School inspiration, I’m grateful for a whole new network of international colleagues to exchange ideas on shaping learning using human centred design that puts the student at the centre of the experience.  So forward thinking are they at Stanford d.School, that it’s an annual thing for educators to pitch their major and minor courses to students on d.School’s ’Pitch Night’…

I want to learn to facilitate more of those ‘A-ha!’ learning moments for students who come to the Enterprise Team’s Ideas Labs sessions. It’s about creating the environment for students to ‘try on’ mindsets and behaviours; practice being curious, resourceful, imaginative, questioning norms and assumptions, observing, ideating, making connections and big leaps to confidently create new solutions; seeing failure along the way as as the stepping stone to the next experiment…and that’s a tough one for us all to ‘try on’ in our practice.

It’s about the quest to develop all students as creative problem solvers;  ‘innovators’  in every discipline. This skill, rooted in creativity is needed in every shape and size of organisation to remain competitive and for employees, leaders and entrepreneurs to continue to find ways to create new value.

So what is Design Thinking and how does it relate to designing learning and facilitating learning experiences and how an it be used as a pedagogical tool?

Design thinking is a mindset. It is optimistic, collaborative, human centred and creative and it’s experimental. It’s the confidence that everyone can be part of creating a more desirable future, and the design process empowers people to take action when faced with a difficult challenge. That kind of optimism is well needed in education and in students heading out into a challenged global environment.

Image result for design thinking

Design thinking is a team sport and through small design challenges we and our learners can learn the attitudes and mindsets to collaborate and create, experimenting by framing a learning through design challenge, unpacking assumptions about the challenge or problem, exploring the problem space with users, defining a point of view about the challenge.

Through optimistic and energised ideation a design team can  learn to ‘turn off’ the evaluator mindset and generate ideas through divergent thinking; brainstorming, building on one another’s ideas, generating lots of ideas to create great ideas, and learning that sometimes seemingly wild ideas are the spark to something better; out of the box possibilities; solutions to wicked problems. Ideas are selected for development through voting and the design team builds to learn through improv and role play to imagine possibilities before building simple, fail fast mockups and prototypes to share with users for feedback. What works, what doesn’t..? Return to prototype… return to test… iterate…until ‘Ahah! We did it! Our solution has cracked the problem; what a feeling… ‘like something inside me changed.’

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The Design Thinking Toolkit for Educators contains the process and methods of design. Developed by the global design company Ideo, (Founded by David Kelley who also founded Stanford’s d.School). The toolkit offers new ways to be intentional and collaborative when designing educational experiences, and empowers educators to create  impactful student centred learning solutions, but also to integrate design thinking into problem based learning as a creative problem solving process. The process empowers students to get creative, starting by solving simple human centred challenges to prepare them for tackling seemingly insoluble challenges.

‘Educators from across the world are facing design challenges every single day, from feedback systems to daily schedules. Wherever they fall on the spectrum of scale – the challenges educators are confronted with are real, complex, and varied. And as such, they require new perspectives, new tools, and new approaches. Design Thinking is one of them.’ Ideo.com

What was woefully missing in my education, and my daughter’s after me, were those serendipidous ‘A-ha’ moments in learning, and it’s this creative, human agency, I now believe that is at the heart of our work as educators. We have a short window of opportunity to intentionally develop learners as creative problem solvers, innovators and value creators beyond their discipline; skills for living and for lifelong learning.

‘Tell me and I will forget, show me and I may remember, involve me and I learn.’

Benjamin Franklin

My thanks first to Humera Fasihuddin, (Maker of movements that start small) Co-Director, University Innovation Fellows at Hasso Plattner Institute of Design at Stanford ( d.school ) for answering the call to learn from ‘Creative Confidence’ and calling in to Lancaster University to kickstart our movement. You made possible a world of change in us that day and for the creative confidence of many more in the future.

Thank you to  Enterprise Educators UK for part funding this learning experience with the Richard Beresford Bursary. More details on how to apply here.

Resources:

Teaching innovators can download Design Thinking for Educators here.

A Canvas to design learning here

Sir Ken Robinson’s ‘Whats the point of creativity at University’ here.

Funding Update: Samuel Bafunso

Samuel Bafunso (MSc International Innovation (Entrepreneurship), 2016) received an Enterprise Funding award for his business, SB Consultancy Ltd. Here he shares his update.

SB Consultancy Limited was founded in 2016.  SB are the initials for the founder (Samuel Bafunso).

SB Consultancy Limited is a management and marketing consultancy. We provide design, digital and marketing services for  individuals and businesses of all sizes. As a company, we help craft digital experiences that combine design, technology and strategy.

The Lancaster-China Catalyst Programme was instrumental to the birth of SB Consultancy Limited. By being a part of a multidisciplinary graduate team which provided support for two different UK-Chinese company collaborative partnerships; I realised and finally articulated my personal mission, which was to help individuals and organisations, do whatever they do, but better.  Whilst in China, I was very fortunate to work with a few successful entrepreneurs and in the process, I developed a number of productive relationships. This put things in perspective for me, and I decided that when I returned to the UK, I would set up my own consultancy, which offers a range of services to small businesses to improve their overall business execution.

After returning from China, I participated in a few UK-China Entrepreneurship and Investment competitions. The feedback which I received from these competitions gave me the much needed confidence to continue with my entrepreneurial journey.

I have worked closely with the Enterprise Team from the onset, and they have helped shape my company into what it is today. The support which I have received from the team has been invaluable; from spending quality time in working through my business model canvas, providing financial support for my business to introducing me to other successful entrepreneurs within the industry.

With regards to the financial support; I received £500 from the Enterprise Fund, sponsored by Santander Universities, which was very instrumental to the growth of my company.  The bulk of the  fund was primarily used to cover transportation costs to meet my first 3 potential clients in London, Leeds and Lancaster. I also used some of the funding to print some business cards for my company which have been useful at various networking opportunities. Being awarded the enterprise fund made life easier for me at the start and I’m very grateful for that support which I received.

I have now worked on over 12 different projects with a range of clients and the business is growing rapidly. I am very excited with the progress so far and also looking forward to the future. I am very keen to connect and work with other entrepreneurs.

I am very passionate about growing businesses so please feel free to have a look on our website or contact us on any of our social media pages to see how we can help you.


Connect with Samuel on social media and online: Website | Facebook | Twitter |

Monetising your app idea

Making your app stand out against the competition

The UK app economy is estimated to be worth about £83bn by 2021, but with almost 1,000 apps submitted to the app store each day competition is high. A recent article in The Guardian spoke to a number of bestselling app producers to see what they thought was needed to make a successful app.

It is evident that marketing is a crucial factor which can make all the difference, with developers sometimes spending too much on producing the perfect app rather than prioritising their marketing budget.

Utilising and building a network of users, testers, tech journalists and investors before launching is also mentioned as important to getting an app out there.

Other points discussed in the article include framing the purpose and function of the app with a story you can tell and the advantages of using a Freemium model.

To read the full article, please visit The Guardian’s website.

Do you have an app idea? Want help developing a marketing plan or building up your network? Get involved in Enterprise Team Labs!

 

Run your idea past an entrepreneur

Meet an Entrepreneur in Residence

We have meeting slots available with four Entrepreneurs in Residence over the coming two weeks, they come from a variety of sectors with a wide range of experience and advice to impart to budding entrepreneurs. Below are the profiles of each – if you would be interested in meeting any of them, please email enterpriseteam@lancaster.ac.uk

Ruth Power (Director of Business Development at Financial Management Bureau)

Wednesday 22nd November

Ruth is on the board of a financial services SME in Cumbria, employing over 35 staff servicing over 2000 clients with financial planning and advice. Her role involves developing enhanced service strategies, communicating with potential new customers, looking after the needs of existing customers and managing internal communications. Ruth has had the benefit of a complete career change which has given her experience in both the public and private sector, education and management and now marketing.

 

Jane Dalton (Director of Groundswell Innovation)

Friday 24th November

Jane Dalton has managed brand strategy and innovation projects for companies with global brand reach for the past 17 years – from Unilever global brand teams through to banks and service brands across Europe . Cross-cultural customer understanding and creative problem solving in highly regulated markets are particular strengths. Her skills sets comprises of strategic brand planning and brand positioning, the commercialisation of intellectual property, innovation management, new product/service development and qualitative market research

 

Glyn Jones (Business Partnership Manager, Faculty of Health and Medicine, Lancaster University)

Friday 24th November

Glyn Jones is the Health Business Partnership Manager in the Health Engagement and Innovation Team at Lancaster University’s Faculty of Health and Medicine. Glyn’s role involves supporting the creation and growth of health and social care focused SMEs by providing mentoring, signposting, procurement advice, workshops, student projects and access to clinical staff, patients, carers and evaluation resources. He also volunteers as a primary school governor and a Trustee of a local youth project.

 

 

 

 

 

 

 

 

Chris Cox (Managing Director of George Cox & Sons)

Thursday 30th November

George Cox & Sons is an award-winning £15m per annum turnover business specialising in high-quality highway and footway projects. Chris has been Managing Director of the company for 20 years.The company employs 100 staff out of three offices within the North West of England, has it’s own in-house apprenticeship and mentoring programme, and was one of the early pioneers of the ‘Investors in People’ within its sector and it’s own employees lead the company Community charity.

Disruptive Innovation Festival 2017

Online, open access event that asks the question: what if we could redesign everything?

Accessing the Disruptive Innovation Festival is simple as it is all online and free! The festival will involve 200 hours of content streamed throughout it’s three week duration, including live studio discussions, animations, pre-recorded videos and roundtable debates with leading thinkers. Whilst watching you can chip in with your your own thoughts or questions.

When? It’s already kicked off – 6th-24th November

Find out more on the thinkdif.co

Learn from experienced International Entrepreneurs!

We are excited to have two US based entrepreneurs – Bill Lewis and Renwick Brutus coming to Lancaster to share their experience and expertise with budding Lancaster entrepreneurs. Take a look below at their profiles and email the Enterprise Team to book a place on either (or both!) of the sessions. Both sessions will take place in Learning Zone Pod 4.

Bill Lewis (Advisor to the Board – Temasys Communications)

Talk and Q&A – Tuesday 14th November, 11am-1pm

‘Things I wished I had known when I was 20’

Bill Lewis, Lancaster alumnus, former international corporate director, serial entrepreneur, author and speaker will be sharing his worldly lessons including both successes and failures. Being threatened with murder by the head of a Caribbean Drug Cartel and being bombed out of Beirut, Bill has seen more than most in this life time. His wisdom and relaxed style will help to inspire you to do great things, avoid many mistakes, and live a life of health, wealth, joy and recognition.

 

Renwick Brutus (Founder & CEO of Achievement Resources & UDECOM LLC)

Thursday 16th November, 10am-12pm

Renwick believes in the power of the possible. His uncanny ability to identify issues, extrapolate solutions, project the positive, and prioritise the path to success informs his every moment – personally, in business and as a community leader. Renwick grew up in rural Guyana and experienced a powerful mix of adversity and accomplishment. He later moved to the US to study for an MBA and went on to work on Wall Street, where he was recognised numerous times for outstanding achievement in the financial and investment services industry. Now based in Michigan, Renwick owns three companies, consults with an impressive list of clients, is in demand as a motivational speaker and is writing a book.

 

Apply for free office space on campus!

Mind Your Own Business

Furness College’s ‘Mind Your Own Business’ scheme offers an entrepreneurial individual or team of students access to a dedicated office space, for use over the duration of a term. The space includes free use of a Mac computer.

Applications are welcome from individuals/groups of students from any college who are looking to develop or start a new commercial or social enterprise. Each term, Furness College holds a call for applications from interested students for the subsequent term. If students wish to use the space for more than one term, they will be required to reapply. Candidates will be invited to an interview to present their business ideas in week 10.

Current/previous occupants of the space have included Charles Rogers, founder of Cloudline queuing app and semi-finalist in this year’s Santander Entrepreneurship Awards and also, the Ikigai Factory team.

Applications close on the 17th of November at 3pm (download application form). If you have any further questions get in touch with the team in Furness College: furnessoffice@lancaster.ac.uk.