Business life cycle, profitability, business concept and innovation are common terms regularly discussed in Year 11 Business Studies classes. In short, a successful business relies upon a sustainable competitive advantage. This week the HSIE department and Year 11 students hosted a successful Shark Tank contestant Mr Sam Priestley.
Sam has a number of businesses and passive income streams including the Boss Scoop and booking agency Men on Fire. Sam delivered an insightful presentation to Year 11 Business Studies students about how to develop a business concept, tips and tricks to being a successful entrepreneur, and how to follow your dreams.
This invaluable experience will no doubt assist the cohort to develop their own business plan for their upcoming Term two assignment, and hopefully also provide some inspiration for new and innovative business ideas in the future.
If you do something you love, you will never need to work another day in your life, and in Sam’s words, success means ‘finding your niche market and doing everything better than the competitor.’
Mr Adam Wallington
Head of HSIE