Section outline

  • Entrepreneurs

    Learning Intentions
    • Study case studies of entrepreneurial people
    • Investigate the nature of entrepreneurs. 
    • Explore business purpose/goals/types/examples
    • Research pros & cons of business activities (eg multi-national, limited liability)

    Success Criteria
    • We can define an entrepreneur and describe the attributes of an entrepreneur
    • We can identify people with entrepreneurial attributes and name examples of entrepreneurial people
    • We have identified our own entrepreneurial strengths and areas to develop
    • We have started a glossary of business terms
    • We can explain the nature of business and its pros & cons.

    Do Now - Entrepreneurs
    • Remain in your small groups of at least 3 Whanau. Spend 3 minutes sharing what you know about 'entrepreneurs'. Then read the following notes and web resources. Share what you've learned that you didn't know before. Discuss whether you think you could be an entrepreneur and why.

    Notes
    An entrepreneur has an idea and risks time, money and reputation putting the idea into action as a business. 

    Entrepreneurs are innovative. They:

    1. Have ideas AND can put them into action
    2. Are creative problem solvers (think outside the box)
    3. Work long hours
    4. Can sell and / or build
    5. Can simplify processes and data - identify what's important
    6. Are effective with people
    https://www.entrepreneur.com/article/252049

    Whole Class Activity
    • As a whole class, we'll watch the video "Caine's Arcade Part 1" 
    • Each small group choose a different attribute from the list of 6 above
    • Go to Google Classroom and, in the Doc called "Entrepreneurs", type things that Caine says or does that shows that he has your chosen attribute? 



    Small Group Activity
    • As a whole class, we'll watch the video "Stupid ideas - Dragon's Den"
    • In your small group, discuss whether you think Rupert Evans is an entrepreneur and in which of the 6 attributes he is weakest. 



    Homework
    • Watch the video Caine’s Arcade Part 2.
    • Individually in the GDoc called "Entrepreneurs", share whether you think Nirvan Mullick (Caine’s first customer) is an entrepreneur and explain why.



    Extra Case Study
    • In the GDoc called "Entrepreneurs", are resources on Jordan Daykin who, at 18, was the youngest participant on Dragon's Den 2014. He quickly became a multi millionaire. Read and watch the resources.
    • In the GDoc called "Entrepreneurs", are resources on Youtube millionaires. Read the articles and discuss as a group if these people are entrepreneurs. What could your Youtube channel focus on? 
    • Eastern Courier, 12 Feb 2020 - local example of an idea put into practice.