Become and Entrepreneur Work Based Learning

State Standards Explore available occupations and career fields using a variety of available sources, such as print, online, interviews with business representatives, job shadowing, tours, guest speakers, career fairs, videos, and simulated work activities/products. Compare results of research to available career opportunities in the local community or region using local job postings, newspapers, and local occupational outlook data. Select a few specific careers to continue to explore throughout the remainder of the course. (TN Reading 9; TN Writing 7, 8, 9) 16. Work in a team, with identified roles and responsibilities, to develop a content-area specific work product (such as designing a product or developing an advertisement). Create a flowchart or some type of graphic organizer to illustrate processes taken to accomplish the task. Execute the plan of the product by designing, organizing, creating, reflecting, maintaining, and updating processes and team member responsibilities as needed. (TN Reading 7; TN Writing 5, 6) a. Demonstrate the ability to follow safety procedures proficiently as appropriate for the given subject matter. (TN Reading 3) 19. Participate in, and document, a service project that will be presented to the school and/or the community. Investigate a need in the community, conduct interviews, ask clarifying questions to determine specifics, create an innovative way to address the need, document research and proposed solution, and present proposal using effective oral and written communications skills. (TN Reading 2, 7, 8; TN Writing 7, 8)

Objectives Students will explore possible job opportunities in the community Students will learn skills applicable to becoming an entrepreneur Students will create a business plan for a business that aligns with their long term goals. Students will present their business plan to the class as a portion of their portfolio grades.

What is an Entrepreneur? Someone who exercises initiative by organizing a venture to take benefit of an opportunity What is initiative? What is a venture? Name 2 people that you consider entrepreneurs.

Basic components of a business plan * provide a description of the business * choosing a marketing strategy * identifying how the business will be managed * analyze the finances needed to start the business and make it successful.

Why make a business plan? Helps build strong problem solving skills Helps you to explore options different from the typical job market Forces you to think about your skills and ways you can use them “The process of making choices is the most important reason for anyone to learn how to write a business plan. It is fun to think of yourself as a business owner, to dream about your successes, and to talk about your ideas. But when you have to answer the specific questions of a business plan, you must make decisions about the direction your business will take...decisions that may show you that this idea is not likely to be successful. But, no problem, then you can go back and make different decisions until you find a way to be successful”

Business plan Activity You will be creating a business plan for a company of your choice. Create a business for one of the following situations. a business needed in your town a business using your own personal skills and talents Answer the questions on the business plan activity sheet to help guide yourself. (you will be turning these in) Create a typed business plan that you will present to the class (see example business plan) (include a business symbol, and the information from the business plan activity question sheet) Be creative, neat, and colorful We will be working on these for a few class periods and will add this to your portfolio.

Sample Typed Business Plan