Sustainability
Build- Tradition...
One project at a time
Revenue
Donations $9,710.00
Student Government $1,941.92
Grants $1,750.00
Prize Money $2,000.00
Total: $15,401.92
Expenditures
Projects $7,423.00
Travel $6,702.20
Rehearsal Dinner $ 850.00
Total: $14,975.20
Balance Forward: $ 426.72
Annual Report Sponsored by:
_________________________
Ferdian Jap,
President, USF SIFE
__________________________
Vandeen McKenzie,
Sam Walton Fellow
_________________________
Maureen Johnston,
Interim Director, USF Financial Aid
SIFE USF 2006-2007 Sustainability Strategy
Comprehensive Data Chart
6
Finan- Third largest University in the South-
east, Top 20 in the nation with a total
enrollment of 44,000 students and
more than 400 student organizations.
The Carnegie Foundation ranks USF
for its research in the top national
classification.
A Research I Institution, USF is one of
the nation's top centers in conducting
research aimed at new treatments for
Alzheimer's, Parkinson's, and Hunting-
ton's diseases.
Home of Moffitt Cancer Center and
Research Institute, American Cancer
Society’s Hope Lodge and the
Shriner’s Hospital for Children.
The nation’s top location for transfer
students according to US News and
World Report.
About us
SIFE at USF was established on March 9, 2005. The team was named 2005 SIFE Rookie of the Year,
2005 and 2006 SIFE Regional Second Runner Up, 2006 Sam’s Club Finalist Entrepreneurship ITC, and
the 2006 USF Best New Student Organization.
The 2006-2007 SIFE at USF team consists of 19 active members with 3 returning members. Majors range
from Biomedical Science, Pharmacy, International Studies, Engineering, Accounting, and Finance.
Team members do not receive academic credit for participation in SIFE.
Team Recruiting, Organization, and Succession
Emerging Leader Mentorship Program
Team Handbooks and Master Team Manual
Rigorous project proposal, critique, and project review of every program
Created SIFE at USF homepage (www.sifeusf.org), SIFE MySpace, Facebook pages and SIFE USF
Text Messaging Update System
Advisory Board
Added five BAB members, totaling 21.
Alumni Advisory Board consisting of three members.
SIFE Rehearsal Dinner in which BAB and AAB members review and critique our presentation.
Institutional/Administration Support
Established relationships with 12 student organizations, six University departments and the Greek
community.
Recognized as an official entity of USF’s Center for Entrepreneurship and the USF College of
Business Administration.
Funding
Donations doubled through funding from BAB Members, SIFE ventures, and USF Student
Government.
Application in process for our official 501(c)3 non-profit status.
Media
5,304,000 Total Gross Impressions, quadrupled 2005-2006’s GI.
Team Goals
Develop and implement four new educational projects.
Recruit at least 10 new members.
Obtain official 501(c)3 status.
Win a SIFE Regional Competition and advance to the SIFE National Exposition.
‘Building Tradition’
USF at a glance
2006-2007 Annual report Market
Economics
Success
Skills Entrepreneurship
Financial
Literacy Business
Ethics 1 2 3 4 5 The World Village
Need
- USF Area Community, median
income is 75% below county’s
median.
Project Description
- Simulation of the global
economy with nine countries
represented.
- Attendees were given US
dollars to shop in the different
countries; requiring them to ex-
change currency in the ‘World
Bank’.
- Real exchange rates were used
- Opportunity to learn about
culture of each country.
- Passports with country facts.
Need
- Lack of professional attire worn
by students to job interviews and
business engagements.
Project Description
- Suits collected and distributed to
USF students.
- Wal-Mart Fashion Show:
Showed students how to dress
professionally in an affordable
manner.
- USF Professional Attire Day:
Encouraged students to dress
professionally and attend the
Career Fair to earn a chance to
win a laptop.
Results
- 450 suits collected
- Increased number of students
dressed professionally for the
Career Fair.
- 94% increase in awareness.
Members Involved: 19
Total Hours: 250
Direct Impact: 1755
Gross Impressions: 161,000
Suits of Success
Criteria Met Criteria Met:
Results
- 96% increase in knowledge.
Members Involved: 19 Other Organizations Involved:10
Total Hours: 495
Direct Impact: 160
Gross Impressions: 1,221,000
Ethics Awareness Week Model Entrepreneurship What’s in Your Pocket?
Other Projects SIFE Squad Criteria Met: 2, 3, 4
SIFE USF transformed a room at a church in a low-income neighborhood into a computer lab
with 4 computer stations, software, a printer, and workbooks. This benefits members of the
community and twenty-five young men residing in the church’s group home. Computer and
financial literacy skills were taught by SIFE at USF.
Result: Lab being used daily
Orange Market Criteria met: 1,2, 3, 4
An interactive presentation on how an orange goes from the groves to the glass and how it is
transformed into many different products such as cleaners and scents. A SIFE member dressed
as an orange and entertained the students.
Result: 95% increase in knowledge
Tour-D-SIFE Criteria Met: 1, 2, 3, 4
Thirteen students from Barbados had an economic tour of the Tampa Bay area. They learned
about the American economic system through tours of a computer recycling center and major
restaurant chains. The students made price comparisons between Wal-Mart and Sam’s Club to
learn how quantity impacts price. This experience also include dining etiquette training.
Result: 100% increase in knowledge
Beyond the Bull Criteria Met: 1,2,3,4
An interactive workshop designed for graduating seniors that addresses the transition skills
needed between college life and the real world.
Result: 100% increase in knowledge
Business Etiquette Dinner Criteria Met: 2,3
Students attended an interactive presentation and demonstration on how to eat properly and
interact professionally during a business dinner
Result: 100% agreed that skills learned will increase their professional development
World Wide Websites Criteria Met: 1,2,3
The WWW program provided 4 restaurants with free webpage design, custom dot com name,
and web hosting for one year. These web pages host the restaurant’s map, driving directions,
special offers and their menu.
Result: Averages 25 hits per day, reduced order taking time by average of 40%
YEA! Fundraising Criteria Met: 1,2,3,4
Assisted the planning and implementation of a fundraising program for Youth Empowered to
Achieve! (YEA!), a non-profit organization that helps inner city youth develop computer
skills, entrepreneurship skills, and social awareness.
Result: $13,000.00 raised for the organization
SIFE Speaker Series: College CEO & Corporate Responsibility Criteria Met: 1,2,3,4,5
In partnership with the USF Center for Entrepreneurship, brought speakers to speak to
students on how to be successful young entrepreneurs. An Executive VP of Florida’s largest
property management company addressed corporate responsibility and ethics.
Result: 72% increase in knowledge
Anti-Piracy PSA Criteria Met: 5
Created two one-minute Anti-Piracy Public Service Announcements as a part of the national
MPAA competition. The commercials were posted online for the public to vote which PSA to
submit for the competition.
Results: More than 500 views of commercial
Law School Forum Criteria: 2,3
An event designed for USF students interested in the field of law. We provided information on
law school options, how to finance law school and LSAT preparation lessons.
Result: 100% increase in knowledge
Future Projects
SIFE Business Consulting: NaimBran Criteria : 1,2,3
Develop a strategic marketing assessment for a startup company, NaimBran, which aims to sell
custom t-shirts to USF Students. PEST Analysis, Porter’s Analysis, SWOT Analysis will be
conducted.
SIFE Secret Shopper Criteria : 1,2,3
SIFE team members will serve as ‘secret shoppers’ to evaluate small businesses in the area.
Serving primarily restaurants, SIFE Secret Shoppers provide free evaluations of the restau-
rant’s services, products, and facility. Complimentary consultations will be offered.
Young Money LIVE! Criteria: 1,2,3,4,5
A marketing and financial advising event with Young Money Magazine.
La Bella Jewelry Criteria: 1,2,3,4
SIFE USF’s international venture to develop a business and marketing plan for a non-profit
company in Colombia that sells hand-made jewelry.
Project Description
- Year long project. Taught
students the concepts of
economics, business,
entrepreneurship, banking, checks
and business etiquette.
- Final entrepreneurial project:
Selling hotdogs and Christmas
trees.
- Students deposited ‘behavior
bucks’ in the SIFE Bank and
earned interest.
- Students could spend money at
SIFE Variety Store using checks.
Results
- 89% increase in knowledge
- Profit of $50 from final project
Members Involved: 12
Total Hours: 300
Direct Impact: 32
3 Criteria Met:
1 2 4 5
Need
- Lack of entrepreneurial
knowledge among
underprivileged students.
Need
- Lack of financial literacy
among college students;
increase in college students’
loans and credit card debts.
Project Description
- Interactive financial literacy
presentation on: Financial Aid,
Budgeting and Credit.
- Initially presented to USF’s
freshmen students and
expanded to a local area
community college.
- Interactive game and trivia to
test knowledge.
- Case studies for practical appli-
cation of knowledge. Take-home
budget worksheets.
Results
- 93% and 94% increase on
‘how to manage debt’ and
‘how to budget’
Members Involved: 8
Total Hours: 225
Direct Impact: 120
Gross Impressions: 2,700,000
1 2 4 Criteria Met:
1 2 4 5
Need
- Growing incidence of unethical
behavior among college students
eg. cheating, pirating, plagiarism.
Project Description
- Week-long program creating
awareness of the importance of
ethics in: Business, Globaliza-
tion, Intellectual Property, Law,
Media, Medicine, Politics, and
Self-determination.
- Anti-Piracy PSA showing
- Daily awareness giveaways
and speakers at student center
- Daily TXT-Trivia on ethical
questions
- Online sound-off board for
students to express their
thoughts on ethical topics.
Results
- 93% increase in awareness
- 500 views of Anti-Piracy
Public Service Announcement
Members Involved: 15
Total Hours: 345
Criteria Met:
1 2 5 2 4
University of South Florida