1. JA Our Region 4th Grade Volunteer’s Name Volunteer’s Title Volunteer’s Company
Program Update 2016
5 sessions
Definitions/questions appear after you “click” them with mouse or clicker

2. Be an Entrepreneur Entrepreneur:
Session One:
Be an Entrepreneur
Entrepreneur:
Did you know that more than half of all businesses in the country are small businesses started by entrepreneurs?
Successful entrepreneurs take risks and learn from their mistakes to have a greater chance at future success.
A person who uses resources to start a business
Session One

3. Sports Entertainment Food Innovation: Invention: Region:
A new device or a new way of doing something
To make or think of something that did not exist before
Any geographic area, place, or space
Take the Challenge Poster Exercise
Sports
Entertainment
Food
Tech and Manufacturing
Session One
Tony Hawk
LeBron James
William Harley
and Arthur Davidson
Walt Disney
Lonnie Johnson
Rachael Ray
Steve Jobs
Milton Hershey

4. Trait: Having a special quality or characteristic
Session One

5. Resources: Tools for Entrepreneurs
Session Two:
Resources: Tools for Entrepreneurs
Region:
Resource:
Any geographic area, place, or space
Something that is used to produce a good or service
Session Two

6. Session Two

7. Resources: Tools for Entrepreneurs
Session Two:
Resources: Tools for Entrepreneurs
Natural Resources:
Capital Resources:
Human Resources:
Things that occur naturally, such as air, water, minerals, and trees
Buildings, tools, and machines businesses use
Session Two
People who do the work that businesses need

8. Resources: Tools for Entrepreneurs
Session Two:
Resources: Tools for Entrepreneurs
Goods:
Services:
Items that can be bought or sold
Work done for others, such as haircuts or car repairs
Session Two
Students will produce a good or service in activity, depending on “their region”

9. Hot Dog Stand Game Advertising:
Session Three:
Hot Dog Stand Game
Advertising:
Customer:
Expense:
Loss:
Profit:
Revenue:
Persuading customers to buy a good or service
A person who buys something
Money spent for something
When a business pays more in expenses than it makes in sales
Session Three
When a business makes more money in sales than it spends in expenses
Money earned from sales

10. Session Three
GAME INSTRUCTIONS—Can be played again if you feel students want more experience or if time permits.

11. Session Three

12. Session Three
Tasks 1, 2, 3, and 4

13. Session Three
Task 5 and 6

14. Session Three:
Hot Dog Stand Game
What natural resources are needed to start a hot dog stand?
What capital are resources needed to start a hot dog stand?
What human resources are needed to start a hot dog stand?
What are two ways you could increase the profits of your business?
What risks not already discussed could cause your business to
lose money?
How could you fix the business or manage the risks?
Session Three
*Possible answers on pg. 28 in Volunteer Guidebook
Besides hot dogs, what other goods or services could you offer your customers?

15. Entrepreneurs Solve Problems
Session Four
Entrepreneurs Solve Problems
Reward:
Risk:
What is gained from making a decision
The chance of loss or failure
Session Four

16. Entrepreneurs Solve Problems
Session Four
Entrepreneurs Solve Problems
Price:
Supply:
The amount charged for a good or service
The amount of a good or service that is available
for sale
Session Four

17. Entrepreneurs Go Global
Session Five
Entrepreneurs Go Global
Interdependence:
Supplier:
Supply Chain:
When individuals or groups depend on one another
Someone whose business it is to supply a service or a good to other businesses
The system of changing resources into goods or services and getting them to the buyer
Session Five