Money, Money, Money: Grade 5 Galilee Students Dive into Entrepreneurship

In the exploration of their lesson on commerce and entrepreneurship, Grade 5 Galilee students embarked on a journey of business creation and sales last February 12 and 14. Transforming their classroom learnings into practical application, the students set up shop in Lobby 2, Cafeteria 1, and Cafeteria 2 for two days, showcasing their products and services as the culmination of their unit studies.

The unit's central idea, "Marketplaces depend on the ability to produce goods and supply services that can be exchanged," inspired the setup of the culminating activity. Through their mini-marketplace initiative within the school premises, students gained firsthand experience in selling goods and services to their community.

The Galilee students spent a total of six weeks researching, planning, and preparing for their project. Their research included different aspects such as developing business and financial plans, comparing prices, employing pricing strategies, and interviewing businessmen and businesswomen.

Galilee A and B students sold their wares on February 12, while Galilee C and D students did their selling on February 14. A variety of stalls were set up, offering everything from food and beverage to services where one can play games.

Galilee B’s Ivan Bryce Palaran stated that the most important lesson he learned during this project is to always value customers, while Galilee A’s Michael Ryan Chong placed importance on selling items and services to be able to earn money. 

“Selling was kind of stressful because [it was] the first time that some of us did it. So if some things didn't get sold, then it would be a loss for us,” remarked Clarence Matthew T. Alviar of Galilee B.

“We need to be more organized and know how to budget our sales,” reflected Giselle Lam of Galilee D.