The world is changing at an unprecedented pace. Automation, globalisation and more flexible working arrangements are rapidly reshaping our economy and work. By 2030 every single job across the economy is going to look different. In this future, our young people are predicted to have an average of 17 different jobs over 5 careers in their lifetime.
To ensure young people are prepared for this future, there is an urgent need for early intervention in school, to equip them with the enterprise skills and career management capabilities needed to thrive in the new work order. While there are examples of this being done well in the education system already, we believe that Australia needs to do more to ensure all young people have the opportunity to build these important skills. For more information read FYA’s New Work Order Reports: http://www.fya.org.au/our-research
FYA’s New Work Order research has identified the key transferable skills that employers seek most. At FYA, we call these transferable skills “enterprise skills” (see table below). The $20 Boss program provides meaningful context for students to develop and use these skills.
The $20 Boss program is designed to be delivered across a school term. We do encourage schools to deliver in terms 1, 2 or 3 to ensure student businesses are prepared to apply for an award in the final few months of the year.
The updated $20 Boss program content is mapped to Australian Curriculum at a lesson-by-lesson level for years 5-10.
Mapped areas of the curriculum include:
Schools that have registered will be eligible to receive $20 of startup capital per registered student from FYA. We have limited funds so this is on a first-in-best-dressed basis.
Real money makes the program experience more immersive – and students love it! To support the ongoing growth of the program, the expectation is that students pay back their $20 plus a $1 ‘legacy donation’ at the completion of the program. (Find out more about start-up capital funding in our Program Terms and Conditions)
Schools also have the option to self-fund the program internally, we will provide you with resources to support you to do this.
Each year, FYA celebrate the genuine impact that young people are making across the country at the annual Unleashed Awards. Students participating in $20 Boss are eligible to apply and will also be considered for the $20 Boss State and Territory Awards. The award details are still yet to be finalised but we will keep you in the loop.
We see a vast variety of student businesses developed as part of the $20 Boss program, from food and drinks, recycled products and services, such as dog walking and cleaning. Here are a couple of creative ones from past participants.
ANTI-VEXED Text | Alice Springs NT
Anti-Vexed Text is a message subscription service that customers could purchase daily, weekly or monthly subscriptions to. They would receive a positive affirmation text first thing in the morning. The purpose was to tackle alarming rates of mental health issues in the school and to encourage positive thinking and support.
Dusty Design Hair Chalk | Wanniassa ACT
Dusty Design Hair Chalk, wanted to create something that would allow them to stand out from the crowd. Encouraging people to express themselves through colour, Dusty applied coloured chalk to their customers’ hair, advertising their business through; posters, word-of-mouth, and heads-up marketing.
Skills Pay the Bills | Donald VIC
Skills Pay the Bills worked together to create garden art from items they found or purchased second hand at op shops and garage sales. They created a range of items including planters from recycled pallets, mosaic wall art, cement garden orbs and decorative mirrors. They marketed the business with articles in their local paper and newsletter as well as posters in local shops. In total they made a profit of over $500. The group is continuing to run the business, and are busily continuing to create products that have been pre-ordered by customers
To see more businesses started through the $20 Boss program, check out our award winners from 2018 here.