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2009-2010 Annual Report

Changing the
world….
One project at a
time
How did the UWG SIFE Team fill each SIFE criteria?
Project SIFE Criteria People Impacted
“Money Financial Literacy, Market-Economics, 22 Teens
Management” Tips Success Skills, Entrepreneurship
for Teens
“Ethics On The Yard” Business Ethics, Environmental 43 Students
Sustainability
Managing Your Entrepreneurship Approx. 35 students
Business
Team Recruitment Team Sustainability Over 100 Students

Criterion 1: Understand how a market-based economic system operates.

• “Money Management” Tips for Teens: SIFE Students taught 22 “at risk” students
about the importance of making decisions in a market-based economic system

Criterion 2: Acquire the education and skills training needed to succeed in a


dynamic, competitive global economy.

• “Money Management” Tips for Teens: SIFE Students taught the importance of
education and skills training to high school students.

Criterion 3: Learn how to succeed as an entrepreneur and/or improve an


existing business.

• Managing Your Business: A SIFE student presented the entrepreneurial success


story of a family member to college students

Criterion 4: Develop the personal financial management skills necessary to


achieve financial independence.

• “Money Management” Tips for Teens: SIFE Students taught 22 “at risk” students
the importance of savings, investing, and building their own financial future

Criterion 5: Make environmentally sustainable personal and business


decisions.

• Although in years past the SIFE team has completed projects on environmental
sustainability, none were completed this year.

Criterion 6: Understand that the long-term success and prosperity of a market


economy, businesses, and individuals are dependent on ethical business
practices.

• “Ethics on the Yard”: For the fourth year in a row, SIFE students met with UWG
students to engage them in discussions on business ethics. For the first time this
year, students completed surveys about their own ethical behavior.
Criterion 7: How successfully did the team develop and execute a strategy to
ensure the long-term sustainability of their team and educational programs.

• Team Recruitment: SIFE students met with UWG students at job the UWG
job fair to recruit students for the SIFE team. Officer elections happen at
the end of each year. Vice Presidents often lead projects to help build
leadership bench strength.

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