Steve Jobs, young entrepreneur started his own company at age 21. Today he is CEO of Apple, Inc.
Class Review, Day 1
What is an entrepreneur?
An entrepreneur is a person who starts his or her own business in hope of earning a profit. Profit is income earned after all your expenses are paid.
The 'Big 4', as an entrepreneur you must:
1. Fill A Need: know what is needed in your area and know your potential competitors
2. Research: Know your customer and your product (or service). Have expert knowledge of both the customer and the product.
3. Be Creative and Innovative: think outside the box, look for new and different solutions to needs that have been identified
4. Believe in Yourself and Love what you do: Know your likes and passions, skills/abilities, and work to improve them.
Vocabulary Review
Business: A company or organization that buys or sells products or product services
Customer: A person who purchases a product or service
Entrepreneur: A person who starts his or her own business in hope of earning a profit
Innovative: To create something new, original, or groundbreaking
Product: An item created for sale, like cookies or computers.
Service: Providing something useful, like babysitting or animal care.
Profit: Income earned after all expenses are paid
Class Chat: Today we played a quiz game and learned about famous entrepreneurs and how they got their start. We talked about Bill Gates, Steve Jobs, Jennifer Lopez, Oprah Winfrey, and Madame CJ Walker, some entrepreneurs were very young when they started their businesses. All of these entrepreneurs decided to pursue their passions and make money doing what they loved the most.
Homework, please have the answers to these questions ready for our next class:
How am I like the entrepreneurs I learned about?
What are my specials skills and areas of expertise? Example "I make amazing cookies" "I am very good at walking my dog"
Pick one entrepreneur you learned about this week and list 5 facts about him/her
Start brainstorming and listing what type of business you will be opening, be sure to list examples of both goods and services
No comments:
Post a Comment