"16 year olds Demonstrate Entrepreneurship"
Kuala Lumpur, 14th July 2012 - Most of us would not have remembered what we were doing when we were 16. But chances are, it would not have involved any significant business actions or developing and marketing a product.
First introduced in 1989, AMCHAM’s Young Enterprise Program is a community education program which is driven by sponsor companies who help to provide practical opportunities for students to gain an understanding of the role of an entrepreneur. Students learn valuable practices such as financial management, budgeting, marketing, product development, pricing and selling, developing skills and insights which will serve them in good stead as they progress through the next tiers of their education. They also develop research skills, inculcate teamwork and develop critical thinking, prioritization and communication skills.
As part of the of 9 months business venture by the Achievers, this Annual Sales Fair aims to provide a safe commercial environment for the Young Achievers to promote and sell their self-made products to the public. More than 500 Form 4 students from 14 national secondary schools in the Klang Valley, Selangor, Malacca and Seremban gathered at Bangsar Village I, (venue sponsor) to sell their self-made products at the stalls for a day to the public, putting their entrepreneurship skills to the test whilst a portion of the sales proceeds will go towards charity. The fair was officiated by Mr. Paul Allen Brown, Economic Counselor from the U.S. Embassy and Datuk Timothy Garland, AMCHAM’s Vice President.
“Through the experience of running a business venture, under the guidance of a mentor, students can develop their entrepreneurial, teamwork and leadership skills and most importantly their confidence. Early exposure to enterprise helps sows the seeds of creativity and develop a whole new generation of enterprising young Malaysians. And program like YE provides students with a taste of their own potential and motivate them to pursue their ideas”. Datuk Timothy Garland, AMCHAM’s Vice President and Executive Vice President of TBWA\Tequila Malaysia.
"The YE Sales has been a great experience for me. I learnt a lot on how to attract customers and provide them with accurate explanation about our products. This is trully an experience that I will never forget”. Lemina Lim, Sales Director for Esteem Enterprise - SMK Subang Utama.
“My students and I learnt a great deal about selling our products to real customers. The students confidence improved tremendously. The YE program is indeed a creative and innovative human capital development and a great platform for the students to experience business first hand”. Puan Suhaila Bt. Ahmad Akhirudin, Teacher - SMK Taman Sri Muda.
“The students truly demonstrated their unlimited potential in doing business and obviously they have learnt and gained a lot of business experiences which they can apply in for their future when they want to participate in the trade world either internationally or the domestic market”. Mr Ng, Parent from Wangsa Maju.
AMCHAM would like to record our greatest appreciation all the sponsors for their financial support and for allocating time for their staff to play their role as Advisors. A special thanks goes out to the management of Bangsar Village I, who is our venue sponsor for this event.