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10X Challenge Success!

Turning £230 into £4505.30!

Last term saw Year 10 Business Studies students participate in the 10X Challenge by Young Enterprise. Students arranged themselves into groups and were loaned £10 from the school. They had five weeks to start up and run their businesses and the results have been phenomenal! Students were able to put theory into practice and source the best (or cheapest) suppliers, conduct market research, develop their sales skills, improve their customer service and fine tune their finance skills. The businesses included services such as patio cleaning and car washing, while products included jewellery and bubbles to name a few. It certainly created a buzz in the year group. After students repaid their £10 loans (£230 in total, with 23 groups), the total profits made were £4506.30! Students will be spending this on a variety of things, including summer activities and donations to charity. Well done to all who participated. You should be very proud of yourselves!

Mrs Harris, Head of Business & Economics

“A big thanks to everyone who took part in our Elite Events tournaments and a huge well done to our Year 7 and Year 10 football winners who played superbly to secure their wins!”

Diego, Year 10

“Fantastic experience and really inspiring to get out into the world of work and earn money.”

Kieron & Phillip, Year 10