Mount Carmel School hosted its 6th annual Planning and Development Business Fair at the school’s Phoenix Hall.
As part of their business curriculum, All MCS middle school students created business plans to promote their product or service.
Mount Carmel School Administrator Mike Phillips says it’s important to learn these types of lessons early on as these primarily get students to think about the costs associated with starting a business.
“A lot of the projects you see here are more extravagant and deal with retail and such. But in my opinion, in my experience, a lot are surprised to learn that the actual winners are the ones that had the most common sense and the hardest working. So if the judges see that your plan requires a lot of hard work, you score better than the person who had a lot of good ideas but looked like they weren’t going to back it up with the work,” Phillips said.
He added: “And here, what we’re try to teach them is that it doesn’t matter. You could be promoting a dress line or end up promoting the sale of a medical clinic, the point is the skillset is the same. You need to have confidence, you need to back yourself up with facts and figures because they’re going to ask the hard questions, no matter what the business is.”
One of the participants, Happi-Sleepi Perez, is one student who wants to take her business, Happi Land, beyond the school event, with her parents’ permission, of course.
“There’s no business on Guam that sells what I sell. There are some stores that sell K-pop merch on the side and there are some stores that sell plushies on the side but it’s not their main focus,” Perez said.
She added: “I have already tried starting an Instagram account to try to sell these K-pop merch and it’s been working so far. So I’m hoping to expand so I can have a solid place to work and maybe get recognized enough to open up in places like the Micronesia Mall and GPO.”
The plushies that don’t sell out at the end of the month will be donated to Make-A-Wish Foundation on Guam and CNMI and tips and extra proceeds will go to charities that help children in need.
Students doing online learning were also present at the event but virtually.
According to MCS math teacher and event chairperson, Joseph Ho, there is a booth set up where online students can present to the judges their board presentations.
He added that some of the judges were volunteers from the US Coast Guard with business experience, business majors from the University of Guam, and local business owners.