Entrepreneurship

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ENTREPRENEURSHIP Unit 1.2 Mrs. Ferguson

description

This presentation is a lecture on Entrepreneurship and its benefits. I was created for high school level students. It is a complete lesson based on the Common Core Standards. It also includes a self assessment that the students can either take online or complete manually.

Transcript of Entrepreneurship

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ENTREPRENEURSHIPUnit 1.2

Mrs. Ferguson

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PACKET INSTRUCTIONS

1. Please write your name on the nametag and place on your chest where it is visible to the teacher.

2. Please complete the Do Now

3. Leave the remaining items for a later instruction.

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EN-TRE-PRE-NEUR-SHIP- Process of owning your own business

Youtube Video

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Obj: Students will be able to:

• Define and explain the concept of entrepreneurship

• Identify character traits that makes an entrepreneur successful

• Assess our own personal character traits

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Famous Entrepreneurs

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Entrepreneurial Characteristics

The following are distinctive traits and qualities entrepreneurs need to run and operate a successful business:

• Persistent• Creative• Responsible• Inquisitive• Goal-Oriented• Independent• Determined

• Self-Confident

• Risk-Taking

• High Standards

• People-Person

• Enthusiastic

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Assess Personal Interests

Online assessment

http://www.mvp.cfee.org/en/

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External Resources Needed to Supplement Entrepreneur’s Expertise

Consult outside resources:• Trade Magazines• Specialty Magazines• Newspapers• Tradeshows and Exhibitions• Internet• Government Agencies• Counselors• Local Chamber of Commerce• Professional Business Consultants

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Let’s Review

• Who is an entrepreneur.• What are some desirable

entrepreneurial character traits that a successful business person needs to have.

• What are some external resources that you can use to supplement your entrepreneurial expertise.

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DOL

On your response card, please write:

A.Three character traits an entrepreneur needs to have to be successful.

B. Select one trait and explain why it is important.

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Personal Skills and Capabilities

In order to be a successful entrepreneur you must have an interest in being an entrepreneur and have a strong commitment to a business and a lot of energy.

Make your goals realistic and easily attainable.

Financial goals should specify how much money you will earn and how quickly you will pay off debts.

Non-financial goals could be to own your own business or personal satisfaction.