Día 1

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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 work for themselves (e.g. babysitters, tutors, photographers).

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.

Fame
– Successful entrepreneurs can become famous (e.g. Bill Gates).

Freedom
– The ability to decide when to work, where to work, and what kind of work to do.
Help others
– Your business can help others live better lives.

Response

 

How do businesses get started?

Who are some famous entrepreneurs?

Who starts a business?

Entrepreneurs

Do you need to be rich to start a business?

No

Can a kid be an entrepreneur?

Yes

Where does Santiago live?

Buenos Aires, Argentina

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

Does a business have to be started by only one person?

No

Who are famous entrepreneurs? (One or more correct answers)

  • Bill Gates
  • Elon Musk
  • Oprah Winfrey
  • Tory Burch

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