INSTRUCTOR S GUIDE FOR HIGH SCHOOL-TO-CAREER VIDEO SERIES: YOUNG ENTREPRENEURS

Transcription

1 INSTRUCTOR S GUIDE FOR HIGH SCHOOL-TO-CAREER VIDEO SERIES: YOUNG ENTREPRENEURS OVERVIEW Entrepreneurship is defined early in the video presentation as self-employment. Diverse groups of young people are interviewed about important aspects of self-employment. 1. How to start your business 2. Working with customers 3. Managing your time 4. Managing your money 5. Resources to go to for help A high school guidance counselor offers effective advice, as well as an adult perspective. Self-employment is described to young people as a combination of responsibilities and challenges that are not easy, but can be rewarding. Self-employment can allow for people to use their own ideas and creativity, set their own goals, develop their own schedules, and increase earnings through independence, self-discipline, organization, communication, risk taking, and a willingness to learn. PRESENTATION SUGGESTIONS Begin the class by discussing with the students any job experiences they may have had in the past. List their experiences on the board. Next, have the students put the jobs into any categories they choose. Guide the students to choose only two of the categories and group the jobs accordingly. Leave this information up on the board as the Anticipation Quiz is completed. Then, view the video Young Entrepreneurs. Follow the viewing with a review, discussion, and amendment of their responses to the Anticipation Quiz. Choose one or both of the follow-up Activities to complete post-viewing. Complete the Quick Quiz in class, allowing time to correct as a whole group, and assign the Homework Option if desired.

2 ANTICIPATION QUIZ Note: These may be read orally or copied and given as a written exercise. Responses are to be completed prior to viewing of the video; then amended post-viewing, if necessary, as a whole group. Directions: Respond appropriately to each question. Be complete and thorough. 1. Describe in your own words what an entrepreneur is. 2. What type of person does it take to make a successful entrepreneur? 3. What role do customers play in a successful entrepreneurial venture? 4. List as many challenges as you can think of that an entrepreneur may face. Objectives: Learning the meaning of entrepreneur Identifying the steps necessary to start a business Identifying the challenges facing entrepreneurs Locating resources to help with a small business ACTIVITIES Activity # 1 Title: CouldI?WouldI? Format: Individual to small group Time: minutes Materials: paper, pen, list of statements from below this activity, overhead/chalkboard Procedure: 1. Write the statements below on the board/overhead or copy and distribute to each student. 2. Explain to the class that the statements are based on characteristics of a successful entrepreneur. 3. Emphasize that there is no time limit and they should be as thorough, complete, and honest as possible. 4. Allow time for students to complete the task. 5. Next, divide the students into groups of three or four. 6. Ask the students to share and discuss their responses for this exercise in the small groups. Statements Independence: I have demonstrated independence when. Communication: I communicate best with.

3 Organization: The method of organization that works best for me is. Self-Discipline: I have exhibited self-discipline by/when. Risk Taking: The prospect of taking a risk makes me feel. Willing to Learn: I am most willing to learn when. Activity # 2 Title: Brainstorm! Format: Small group Time: minutes Materials: Diagram A, chart paper, markers Procedure: 1. Divide the class into groups of three or four students. 2. Show Diagram A on the board/overhead. 3. Explain to the groups that they will be brainstorming three different areas that any entrepreneur must consider. They will write all associated ideas around each topic. 4. After brainstorming each topic, the group must choose one job idea, the needs associated with that job, and any resources that will be of assistance, and write these in the box at the center of the chart. 5. They will draw lines on the chart to connect all these together. 6. Display the charts in the classroom and allow time for comment and discussion. Diagram A

4 Note: This is a guide! Add as many bubbles as necessary, based on student response. Business Ideas Business Ideas Most Viable Business Idea, Needs, and Resources! Idea: Needs: Resources: Resources

5 QUICK QUIZ Note: This may be read aloud and answered in oral or written form. It may also be copied and distributed to the individual students. Directions: Choose the best answer for each question. 1. Being an entrepreneur means you are. A.) a student B.) self-employed C.) working for a large company 2. Many people who are self-employed may not receive each week. A.) a paycheck B.) phone calls C.) 3. is something you will have to sacrifice if you decide to become an entrepreneur. A.) Time B.) Food C.) Your home 4. Most people work harder for than anyone else. A.) a favorite teacher B.) their parents C.) themselves 5. Reinvesting means. A.) spending earned money B.) putting earned money back into the business B.) saving earned money in an account 6. Entrepreneurs are always willing to ask for when needed. A.) workers B.) money C.) help 7. Customers value a worker who shows. A.) honesty B.) a credit card C.) a student ID 8. Managing time effectively takes. A.) more time B.) organization C.) lots of help 9. Separate should be set up for the business. A.) checking accounts B.) tables C.) phone lines 10. Self-employed persons will need to fill out special. A.) pamphlets B.) tax forms C.) price lists ANSWER KEY 1. B 2. A 3. A 4. C

6 5. B 6. C 7. A 8. B 9. A 10. B HOMEWORK OPTION Develop a self-employment plan. Describe what product or service you will be providing and to whom you want to sell the product or service. In your plan be sure to include an estimated amount of money necessary to begin the business and what the money will be used to provide. You may include exact prices for special equipment or gas necessary to run a car or machinery. Describe the ways you plan to advertise your business. Project potential income, as well as how much time and money you think you will need to reinvest before your business becomes stable.