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Students in Free Enterprise is an international, non-profit organization. The purpose of SIFE is to provide college students the best opportunity to make a difference and to develop leadership, teamwork and communication skills through learning, practicing and teaching the principles of free enterprise.
Club Information
SIFE meetings are held the 2nd and 4th Mondays of each month in Business Education room 6. Meetings begin at 11:50 AM and will conclude by 12:30 pm. A light lunch is usually provided. Students are expected to contribute $3 toward the cost of the meal. During meetings community service and educational projects are planned and discussed. Quite frequently there will be a quest speaker discussing a topic of interest concerning business.
SIFE sponsor: Mr. Joe Williams. Call 862-8057 for more information. If you are interested in becoming a member of SIFE, please contact one of the sponsors.
Philosophies and Goals
Vision
Helping people achieve their dreams through free enterprise education.
Mission
To provide college and university students the best opportunity to make a difference and to develop leadership, teamwork and communication skills through learning, practicing and teaching the principles of free enterprise.
Community Service Philosophy
Give me a fish, I eat for a day; teach me to fish and I eat for a lifetime.
Teaching Philosophy
Tell me and I will forget, show me and I might remember, involve me and I will learn.
Leadership Philosophy
People support what they help create.
We believe that by working together as teams to teach the principles of free enterprise, SIFE students are improving the quality of life and standard of living for millions of people-literally changing the world. Specifically, SIFE Teams teach:
- How free markets work in the global economy.
- How entrepreneurs succeed by identifying a market need, and then profitably producing and marketing a product or service to fill that need.
- The personal, entrepreneurial, communications, technological and financial management skills needed to successfully compete.
- Practicing business in an ethical and socially responsible manner that supports the principles of a market economy.
We believe that in a market economy a business cannot succeed in the long run without practicing good business ethics, honesty and integrity towards customers, associates, shareholders and communities.
We believe that a market economy cannot achieve its fullest potential and succeed in the long run unless it is based on the Rule of Law, protection of property rights and the enforcement of contracts.
Annual Events
- Money Management Seminar—This annual seminar addresses how students can become wise investors and stewards of their money.
- Race for the Cure—SIFE has participated in this Community Service activity & fundraiser for the Susan G. Komen Breast Cancer Foundation for the past five years. Funds are used for breast cancer research, treatment, and awareness.
- Educational Projects—Projects implemented by SIFE members that teach the importance of free enterprise, business management, ethics, career planning, and other topics to students in the local school systems. Age groups from kindergarten through high school are targeted.
- Free Enterprise Month—SIFE designates February as a month of focus on educational projects and awareness of the value of our great Free Enterprise System.
- Community Service Projects-SIFE chooses community service projects in which to participate each year. These are chosen to help the community in different ways. Some are to help the needy such as the Canned Food Drive and donations to the Salvation Army’s Angel Tree Program. Others are to help beautify our community through cleanup and fix up projects in the five-county area.
- Global Economics Symposium – This yearly symposium designed by SIFE allows international students to share information about their countries’ economies and culture with all ICC students.
- SIFE Regional Competition – SIFE members prepare an oral and visual presentation that summarizes their activities for the year. This presentation is used to compete with colleges and universities from all over the mid-south at the Regional Competition in Memphis, TN. Business leaders from around the South gather to judge the teams’ presentations. This is held in early April each year.
- SIFE International Exposition – SIFE teams chosen as Regional Champions advance to the SIFE International Exposition in Kansas City, MO. There competition becomes very challenging as teams from around the world compete. Hundreds of corporate sponsors are on hand to judge the presentations and to recruit students for positions in their organizations.
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