Juniors and seniors enrolled in Rocky Point High School’s Virtual Enterprises class are learning about the complex business world in a hands-on way, as they have conceptualized and designed a budding business from the ground up.
As part of the full year elective, the students created a multi-faceted business plan focused on a video game streaming company they called “OmniStreem – All Powerful Gaming” and assumed different managerial and associate positions within the organization. Working in small teams or business departments they devised a marketing plan, analyzed company profitability, reviewed current industry offerings and constructed a full financial report on the proposed company.
“Through all of these activities, VE students learn professionalism, business acumen, corporate knowledge, presentation skills and teamwork,” said teacher Dorothy Burns. “Students also develop hands-on knowledge of the expectations of both the workplace and the global economy as VE replicates all the functions of a real business.”
The students presented their completed project during this year’s Virtual Enterprises Long Island Trade Show and Business Plan Presentation at Farmingdale State College. Out of more than 40 firms represented at the event, Rocky Point won third place for “most creative firm.”
In addition to the entrepreneurial skills acquired, the students also learned valuable job market lessons, as they were required to complete a job application and recruitment process. Throughout the course they also gained valuable insight from a variety of professionals, including those serving on the Brookhaven Business Advisory Council.
VE is an in-school, live, global business simulation that places emphasis on project-based, collaborative learning and the development of entrepreneurial skills. This experiential learning model program is made up of a global network of student-run businesses in over 40 countries. It transforms high school students into business professionals and their classrooms into offices.