Meet Sabrina, Shea and Dougie

October 10, 2019

Our names are Sabrina, Shea and Dougie. We go to C. R. Applegate Elementary School, in Freehold, NJ and we are in 4th grade. In the TREP$ program we decided to create coasters. We named our business The “Coasterific Crew”. Our business was very successful during the TREP$ Marketplace.

We had the idea in place before the first TREP$ Workshop. During the workshops we learned how to advertise, market and price our product. We started making the product right away. We did this so it would give us more time to work on our product. We encourage people to start right away because it makes everything a lot easier and you have more time to dedicate to the product. We decided on “Perler” bead coasters for our TREP$ product because we thought they were easy to make ourselves and weren’t that expensive. Perler beads are small plastic hollow beads that melt and fuse together when ironed. We also thought they were cute and would be a hit. In the beginning we had an idea of just making coasters shaped like citrus and other fruit, because Spring was coming and they would nice being used under drinks. Then we thought that some people might not prefer fruit so we did other patterns to make our business more successful and appeal to more people.

Our school gym was the location of the TREP$ Marketplace. There were about 50+ tables and there were a lot of people who attended. We had a very colorful table and signage and even added a cheap raffle to entice people to our table. We even made a colorful label of our business name and our names and stuck it to each coaster set bag we sold. We suggest for others that are doing this to also have a very colorful table/display. This will help attract people to your table and help sell the product better as well as allow people to remember your business name when they leave.

We were nervous of when it started. In the first ten minutes no one came to our table and that made us more nervous. But as the night went on, more and more people came to our table and were very interested in the product. There were even customers that came over multiple times, some from the suggestion of others. We sold many 4 packs and were left with very little product.
In the end, we thought it was a great night as we learned how to talk to adults and became more comfortable running a table alone. Our moms sat in the back and were there if we needed but didn’t help in the sales process. We had a very fun experience and learned a lot in the process.

Our business expenses were only $20 because our families had a lot of the Perler product lying around the house as Perler beads were popular some years ago and we had lots of leftovers from old projects. Because of this, we made a really good profit. After all expenses, we made $135 and split it amongst the three of us. We recommend TREP$ to kids who want to learn about entrepreneurship.

 

Note: Sabrina, Shea and Dougie participated in the TREP$ entrepreneurship education program as after-school enrichment,  right at school. This extracurricular activity is a PBL (project based learning) experience that helps kids gain an entrepreneurial mindset, financial literacy and life skills to prepare them for and improve their futures.

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