Pinpoints Summer 2019 | Page 19

WRITE PLACE. WRITE PEOPLE. WRITE TIME. By Laurie Nawor, Preschool and Lower School Librarian Writers Guild is one of my favorite days of the year (second only to chicken wing day). We’ve had tremendously talented authors and illustrators as our distinguished guests to help celebrate our own budding talent at TLS. The children have the opportunity to listen to the visiting authors, who present how they began their journeys. Despite their wildly different life stories, it is clear to all that their journeys began with creativity, gumption, do-overs, and erasures. Later in the day, tables are turned, and it’s magical. The kids are the rock stars and present their story to their guests. At the end of a long day, my most favorite part is when a child visits with the author, usually shyly at first, for these are the people responsible for some of their very favorite characters – Otis the tractor, Ivan the gorilla, or the Princess in Black. It is not unusual to see the (big) author and (little) author, heads together, pouring over the Writers Guild book. Okay, Writers Guild beats chicken wing day by a landslide. SURVIVING – AND THRIVING – WITH SHARKS The in-house version of Shark Tank, produced by The Lexington School eighth graders, was exciting and action-packed. Polished pitches showcased unique product descriptions, detailed business plans, and thorough market analyses. The students’ take on the reality show focused on specific, behind-the-scenes work in preparation for presentation before the Shark-infested panel of investors. Encouraging entrepreneurship at an early age, Dana Adamson, Central Kentucky’s Traditional Bank Senior Vice President for Marketing, contacted TLS after successfully piloting the comprehensive curriculum at local high schools. Four bank representatives met with members of the Class of 2019 a dozen times, explaining, “You will be creating a product and a business proposal as if you were planning to pitch your idea to the entrepreneurs on the TV show Shark Tank.” Individually or in groups of up to three, students developed an executive summary that included the owners’ and company name; the product name, slogan, and logo; the Mission Statement; and a detailed plan of the product or service. They researched potential manufacturing costs of the product, taking into special account office space, warehouse or factory rental, utility costs, product costs, labor, and advertising. Their bank advisors cautioned, “Be sure this is realistic. Research similar markets.” TLS entrepreneurs wrangled with questions that led to more questions: For what amount would you sell your product? Would people pay that price? How many buyers do you estimate? What do you expect your profits to be? Who are your target consumers? In what region or state do they live? What age and gender are they? What is their income level and social class? Who is your competition, and why are you better than they are? What are your startup costs? Where do you see your company in ten years, and in twenty? And the all-important, why should the Sharks invest in your company? Students determined the amount of financial investment they sought from the Sharks as well as how much of the company ownership they would be willing to relinquish. They designed creative ways to pitch the product, which culminated in confident explanations and demonstrations on the theater stage with audio and video accompaniment. With strong direction from Traditional Bank, The Lexington School eighth graders are well prepared to swim with the sharks. 17