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Sarasota Girls Hit Wall Street07/30/08
From July 12-18, the Girls Incorporated Corporate CampSM team members Sarah Mason, Bailey McDaniel, Sam Robertson, Amber Suleskey and Allison Wallbrown hit the streets and board rooms of Manhattan. Dawn Wiley, Girls Inc. Outreach Coordinator in Sarasota, accompanied the Sarasota team to New York. Local business woman Kim Manning, owner of Let’s Do Art, was the business mentor for the team.
The five Sarasota High School girls spent countless hours over several months on their application to the Girls Inc. 2008 Corporate Campsm for Entrepreneurs in New York City sponsored by Goldman Sachs. The Girls Inc. Corporate CampSM for Entrepreneurs is a unique seven-day experience giving teen girls from across the country the opportunity to fuel their entrepreneurial spirits, showcase their talents and sharpen their leadership skills.
The application involved developing an idea for a product or service and putting together an entire business plan. The top four teams were selected from 13 groups competing to go to the free corporate camp. The four teams were from Connecticut, Florida, Massachusetts, and Texas. Their business ideas included digital yearbooks; an interactive venue for parents and young kids to learn together; green accessories made from recycled supplies; and an eco-friendly salon with organic products (from the Sarasota team). The Sarasota team’s idea was an eco-friendly salon and store called “Earthly Charms” that offers organic products that are not tested on animals in a green, energy-efficient environment.
While in New York the Sarasota girls participated in workshops led by seasoned professionals on topics such as marketing, finance, using visuals in business presentations, working with the media, and presenting a professional image. Throughout the week the girls presented their business plans to and received advice from top professionals including Laurena Emhoff, Treasurer of the New York Times, Dana Buchman, noted clothing designer, and a team of executives from Goldman Sachs. Michael Dweck, a Managing Director at Goldman Sachs, shared his company’s business principles and took the girls to the trading floor. In addition, Karin McKinnell, Vice President of IPO Listings, gave the girls a behind the scenes look at NASDAQ, including their live studio.
The goal isn’t to get the young women to actually launch these businesses, but rather to get them to think about entrepreneurship as a career. Women owned less than 30 percent of all U.S. businesses in 2006, according to the Center for Women’s Business Research. While the number of women-owned companies is growing faster than the total number of firms, sales and employment growth is much slower than the total. The preparation offered by Girls Inc. can only help even that score.
Sarasota Girls Inc. teen Amber Suleskey learned, “you can take your strengths and make an amazing business and that being a woman is not a disadvantage.
I was really inspired by the panelists, their support and advice. This week has inspired me to pursue business as a major, something I had never considered before.” Another Sarasota team member Bailey McDaniel added that “you don’t have to know exactly what you’re doing when you go into college. A business background will help you in any major. I loved that we were involved every minute of the week. I loved the excitement of sharing with my friends and families all the places we got to go like NASDAQ and Goldman Sachs.”
You can view a video of their business plan presentation by clicking here!
Also, you can see their interview by Forbes - click here now!.
Girls Incorporated of Sarasota County is dedicated to “inspiring all girls to be strong, smart, and bold” and fulfills its mission of empowering school aged girls to be self-confident, responsible and well-rounded individuals by delivering research-based, age-appropriate, after-school and summer programs.
Dedicated in 1976, Girls Incorporated of Sarasota County celebrates over 30 years of service to our community. For more information about Girls Inc. call (941) 366-6646.
For information on the 2009 Corporate Campsm for Entrepreneurs,
contact Dawn Wiley, Outreach Coordinator, at (941) 366-6646 ext. 202 or dawn@girlsincsrq.org.
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