Day 1
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Icebreaker Activity
What is your favorite activity?
What do you want to be when you are older?
What is a business?
Kid definition: usually a group of people who work together to make something and sell it for money. However, a business can also involve just one person — like an ice cream truck. Businesses have been around for thousands of years (e.g. the silk road).
What is your favorite business?
Popular responses:
- Lego® (KIRKBI A/S)
- Google or YouTube (Alphabet Inc.)
- Disneyland® (The Walt Disney Company)
Response
What is a business?
What is your favorite business?
How do businesses get started?
Businesses start when someone thinks of a business idea. When the person builds their idea into a business, they are known as an ENTREPRENEUR or business owner.
Entrepreneurs can open existing businesses in new places or with a new focus (e.g. a donut shop that only sells jelly donuts).
Entrepreneurs can create new businesses (e.g. Bird scooters in cities).
Do you know any famous entrepreneurs today?
Elon Musk
– Tesla
– SpaceX
Beyoncé Knowles
– Parkwood Entertainment
Do you need to be rich to start a business?
No, you don’t need to be rich to start a business (e.g. dog walking, mow lawns).
Can a kid start a business?
Yes, a kid can start a business with an adult’s assistance.
Why would someone want to be an entrepreneur?
Money
– An entrepreneur can make lots of money if they’re successful.
– Successful entrepreneurs can become famous (e.g. Bill Gates).
– The ability to decide when to work, where to work, and what kind of work to do.
– Your business can help others live better lives.
Response
How do businesses get started?
Who are some famous entrepreneurs?
Why do people want to become entrepreneurs? (One or more correct answers)
- To get rich
- To be famous
- To help othes
- To gain freedom
Businesses are essential to the vast majority of countries around the world. (True or False)
True
Who are famous entrepreneurs? (One or more correct answers)
- Bill Gates
- Elon Musk
- Oprah Winfrey
- Tory Burch
Day 1 Homework
(Complete your homework assignment on paper)
In a few sentences, answer the following question: