Professional Documents
Culture Documents
Doughnut Dynasty
All or Dough-Nothing
Dear Reader,
This year has been a whirlwind with competitions and tasks and the overall running
of a company. Working here has been a learning experience, it gives one a lot to
think about and at times it can be very stressful. Regardless, working here has also
been an honor because this company has been filled with so many great people and
it truly makes one reflect on the meaning behind a business. Business is not just
about creating a product and selling it, it’s not just about the money, it’s also about
the connections you make, the memories you keep, and the lesson you learn. Reader
I can only hope that one day you find a company as great as mine.
THIS WEEK’S
TOP STORIES
Mission Statement
by Adam Rodriguez on January 09
Doughnut Dynasty’s primary objective is to appeal and satisfy its customers by offering a
variety of the most popular options when it comes to doughnuts and drinks, as well as
providing a quick and easy process of ordering and receiving your food. Upon making a
purchase on the Doughnut Dynasty website, we will make sure that your order delivers on
time with the utmost importance and care. With the availability of DoorDash, an app that
allows any user to order food straight from their phone, our business is able to deliver your
order rapidly while still remaining cost effective.
Events
by Jake DiPaula, Samantha Hrbek, and Kevin Fulo on February 08
October
In October, Doughnut Dynasty attended the 5th Annual Long Island
University Leadership and Entrepreneurship Conference. On this
field trip, students gained the knowledge of learning how to produce
and expand their business. This was a success in the books for the
juniors and seniors in the company because each student attended a
class and got the privilege to learn from the finest people from LIU. After the class sessions
were over, our CEO Rachel Rodriguez pitched our business idea to a panel of judges. The
goal was to advance to the next level and at the end of the pitches, the final winners got
real prize money to be used in their companies. Overall, this day was a success for
Doughnut Dynasty. Students learned from not only adults but also students from other
Virtual Enterprise companies.
January
The 2019 Long Island Regional
Conference and Exhibition at Long
Island Post on January 9, 2019 was an
overall success for Doughnut Dynasty.
The senior high VE students were able
to accomplish their goals at this
regional conference. Just to name a
few; making sales with other VE firms,
building integrity with our consumers
with cost efficient prices, and
presenting the Doughnut Dynasty
business plan. The junior high VE
students got exposure as consumers
by using a virtual credit cards in order
to purchase virtual services and goods. Given 30 minutes to set up the booth, we were able
to establish a system so that sales, transactions, promotion by interaction and raffling
tickets were as efficient as possible. While Doughnut Dynasty had a team to work our
system at the booth, other members helped promote the company by giving out business
cards and wrist bands which had our slogan “All or Dough Nothing.” At the end of the day,
the company won two awards at the regional conference. These awards were “Silver in
Sales Materials” and “Silver in Booth Design.” To top things off, Doughnut Dynasty was able
to roughly make $40,000 in sales. (which alone is 40% of our goal of reaching $100,000 in
revenue.) Overall, this was possible due to the efforts and collaboration of all Doughnut
Dynasty employees and the guidance of Mrs. Licastri.
February
February 7th was an additional trade show that Doughnut Dynasty had planned. Event
Planner, Samantha Hrbek had organized an in-school trade
show to expose who we are and what we do as a VE firm in a
professional manner. Here we were able to raise awareness
for who Doughnut Dynasty is and what we do. As an
additional part to this event, we sol real doughnuts and gave
away a prize for a “guess the the number” contest, the image
on the right shows our winner. Overall, the event was a
success and helped further our company into greatness.
Reviews
by Faaiza Naeem on February 07
After our successful in school trade show various students participated in an google
form to help improve our company as well as share what they’ve gained from the
experience.
What they had to say:
“H
ow to create a good product and a good company
logo to advertise for your product. “
“That a virtual business can be very similar to a real
life business.”
“Theres alot of people working behind one business “
“All the hard work they put in to be a successful
business”
“The most impressive thing about your company is
how young students are learning on how to run a
business.”
“The company will strive as long as they follow the
rules and regulations and do the safety inspections
and follow copyright laws”
“The unity of the employees “
“I think it’s a company that will be a huge success.”
We would like to thank our employees and customers for helping us in achieving a
successful trade show, while showcasing you comments, concerns, and compliments.
Thank You!
Here at Doughnut Dynasty, we choose to showcase what we’ve learned throughout the
year with the rest of our team. Team Members will come up and demonstrate a topic that
they have heavily found interest upon and which they believe may be of use to the rest of
the employees in their work and everyday environment. For February, 2019 the various
topics will be presented to the team:
*Portfolios by Justin Saji and Jose Prinston
*Time Management by Shane Salam, Francis Kevin Fulo, and Syed Raza
*Public Speaking by Rachel Rodriguez
*Introduction to Google Forms by Brianna Becker, Jordan Hicks, and Faaiza Naeem
We highly, highly recommend that you invest with us, Doughnut Dynasty. Why you may
ask? Well, here’s our story:
From the birth of our company to where we are now, the successfulness of Doughnut
Dynasty has gone up past our expectations. Our VE firm has successfully surpassed one of
its many long terms goals: building up revenue from $0 to $100,000. Ever since the trade
show at LIU Post during January, we have increased our revenue up to $40,000; which was
40% of our long term goal. A month later, our Event Planner had organized an in-school
trade show to expose who we are and what we do as a VE firm in a professional manner. At
this in-school trade show, we shot up from $40,000 to $115,000 in total revenue, way past
our long term goal. You may say that our expected amount is “lacking” but here at
Doughnut Dynasty, integrity is highly valued because a company builds a bridge to its
customers. They can only cross when they know and truly believe that our bridge is safe. It
is assured to say that although we are a newly found company, we have been doing
exceedingly well in collaboration, sales, and marketing, which is why you should, no, must
invest your time, energy, and money in our company; Doughnut Dynasty.
Human Resources is defined as the people that staff and operate an organization. We are
responsible for supervising staff members, documenting attendance, grievances, etc. We
conduct monthly evaluations of the employees with the CEO. Human Resources is also
responsible for the firing and hiring, promoting employees in the company, and for making
the employee manual and that the employees follow the rules that are listed in the manual.
selling our actual product. Adam Rodriguez, our CMO, is responsible for the marketing
department and the development and execution of Doughnut Dynasty's marketing and
advertising initiatives. Justin Saji and Faaiza Naeem, our CIO, are responsible for working
on the technical aspects of our business such as the creation of the Doughnut Dynasty
website, email, logo and other design ideas which will be incorporated into future use of
Doughnut Dynasty. Jordan Hicks is the Vice President of Human Resources; she conducts
monthly evaluations of all employees, she hires and fires employees. Samantha Hrbek is our
Event Planner; she keeps track of all upcoming events and ensures that we have whatever
is needed for these events to run smoothly.
Social Media/Connections
by Victor Sontannde and Adam Rodriguez on February 13
At Doughnut Dynasty we use several social media platforms such as snapchat and
instagram to promote our business and reach a farther audience with those who use social
media. We have both an instagram and snapchat account, @doughnutdynasty. We also have
a website created by our CSO and CIO, @DoughnutDynasty.000webhost.com. Our goal is
to use social media to help increase our sales and build better form of communication
between our business and customers.