Thirty Year 10 pupils learned about both the highs and the lows of entrepreneurship in a “phenomenal” interactive workshop.
Their challenge was ostensibly to beat their classmates by building the tallest free-standing tower out of marshmallows and spaghetti – but the whole exercise was really a simulation for running a start-up company.
The boys had to negotiate ever-changing rules and regulations, cope with financial ups and downs, and even overcome natural disasters, all of which gave them valuable insights into what entrepreneurship actually involves.
Assistant Head (Pupil Involvement) Crispin Bonham-Carter said: “It was a fun simulation which the boys found tremendously enjoyable, but the overarching purpose was serious indeed: we wanted to get them thinking about all the different aspects of managing a business and to give them the chance to explore and practise skills of entrepreneurship.
“The world of work continues to evolve, such that start-ups and project work abound. Promoting the competencies needed to thrive in such a context, including effective planning, teamwork and communication, is an important element of our programmes supporting careers education and employability skills.”
The workshop was led by Makyth Ventures, an entrepreneurship hub established by Winchester College. Among those involved is the new Bursar at Winchester, Paresh Thakrar, who is an Old Elizabethan – he left QE in 1993 – and has established a connection with Mr Bonham-Carter.
During the morning, while they constructed their towers, the boys worked in teams to buy in not only raw materials, but also expertise. Through the session, things changed rapidly, with opportunities arising to pitch for investment (thus providing more money with which to purchase materials), pay for consultancy, purchase insurance and to forge joint ventures with other teams.
Challenges included storm damage – forcing participants to understand the extent to which their insurance covered their business – changes in building regulations and specifications, and the vicissitudes of the wider economic situation.
The afternoon session was an extended debrief, in which the various issues and strategies were discussed to draw out lessons that could be applied in real-world situations.
One of the boys involved, Pavan Kovuri, said he had expected only a “mundane PowerPoint slideshow” but had been pleasantly surprised: “I personally thought the workshop was phenomenal and an extremely enjoyable, practical, hands-on experience.
“The main tasks were making sure we had a stable building and had a sufficient amount of money left over. We had to choose carefully where to invest and especially had to focus on the decisions we made.”
Pavan said his main ‘takeaways’ from the workshop were:
- Ask questions. No matter how stupid they might seem, ask them. It’s better to ask it now and maybe even be ridiculed; if you don’t, you will regret it later, and at that point, it might even be too late.
- Some people will aim to bring you down. There are going to be obstacles in your way. There’s always going to be something, but it’s the way you react to it and how you deal with it that decides if you’re going to make it.
- Finally, just think outside the box, be patient, wait, stay organised, and coordinate. Being an entrepreneur is hard, but if you push through and work as a team without belittling others as you seek ‘to pick up the pennies’, you will succeed.
The workshop facilitators from Makyth Ventures pronounced themselves highly impressed at the approach of the boys and their effectiveness in the simulation.
The formal ceremony in the Main School Hall was this year held in its full format, following the pandemic-restricted event of 2021, with Professor Shitij Kapur the Guest of Honour.
He urged the reading of books, rather than blog posts or articles, and also spoke about how we make decisions in context, pointing out that unpredictable events and developments often govern that context.
In his speech, the Headmaster highlighted a number of qualities of effective leadership, including bravery, hard work, high standards, low tolerance of bad behaviour, and kindness.
Guests included the Deputy Mayor of the London Borough of Barnet, Councillor Saira Don, who also spoke during the ceremony.
Although ultimately thwarted in their three matches, QE’s own U16 side battled hard, their playing punctuated by sparkling individual performances, especially from rising star Taro Niimura, of Year 11.
“My congratulations go to Trinity School on achieving overall victory in a close-fought final against Wellington College, and to Woodlands School on their triumphant debut.”
“Unfortunately, the supporting New Hall player was able to pick and go from the breakdown and get over the line for what proved to be the winning score. QE thought they may have won the game when an overlap put Year 11’s Dharun Thambiayah through to score, only for play to be brought back for a marginal forward pass. Whilst the boys were disappointed to lose a match that really could have gone either way, there was pride in the performance.”
Among the supporters backing the tournament winners, Trinity, was USA Sevens’ Head Coach, Mike Friday. Former Sevens coach for England and Kenya, and a former professional player with London Wasps who captained the England Sevens, he has taken the USA to its current position as one of the very best teams in the world.
Her virtual talk was one of a number of activities held at the School during the week of International Women’s Day (IWD), which this year had the theme of #BreakTheBias.
“Her talk and the other activities during the week complement the work we have been doing to encourage boys to adopt the stance of ‘
Under the topic of ‘attribution’, for example, she gave this scenario: “A female colleague says something in a meeting and is ignored but a male colleague says the same thing and everyone jumps on the idea.” The challenge she passed on was this: “Remind everyone that the idea originated from the female colleague.”
In a first for the School, QE’s team of peer mentors this year produced a series of short videos to share their wisdom and experience with younger pupils, providing useful tips and advice on topics ranging from coping with stress to how to use a homework diary.
The peer videos project was organised by Head of Extra-curricular Enrichment Rebecca Grundy and Head of Year 10 Micah King, with the explicit purpose of widening the number of pupils who could benefit from the guidance of peer mentors. The peer mentors began working on their films in November, each selecting a topic that had been identified as a need for pupils within the School, and then teamed up to script, film and edit their videos.
Adam Khaliq and Rudra Thakkar, both of Year 12, won the award for best cinematography with their film, Making friends at QE. “This award was given in recognition of the joy that was captured on film,” the judges wrote. “This advice guide would cheer and support students who are struggling, and the filming was creative and adventurous.”