1. Wednesday 27th June, 2012 Year 9 GCSE Business Studies
Taking a Risk!
Wednesday 27th June, 2012
Year 9 GCSE Business Studies

2. Finish Dragon’s Den Presentations

3. Starter Activity

4. Learning Objectives
1) To know what Enterprise involves. 2) To understand the different qualities needed to be an entrepreneur. 3) To apply your understanding of taking risks as an entrepreneur by completing a challenge.

5. Starter: Who am I? A man Born in 1959, London
He is also the owner of the television production and music publishing house Syco.
Was voted number 41 in a list of "The World's 50 Most Influential Figures 2010
Promotes singles and records for various artists
Estimated that he is worth £165m

6. You are prepared to go and ask another teacher for a long weight.
Who is a Risk-Taker?
Are YOU the biggest Risk-Taker in the class?
Prove it!
Stand up if…
You are prepared to talk about what you did last weekend for a minute in front of the class.
You are prepared to walk into a sixth form class and ask for some sky hooks.
You are prepared to go and ask another teacher for a long weight.

7. A world without Entrepreneurs???
No new business ideas
No cars
No electricity
No cures for diseases
No air travel
Behind all these GREAT inventions was an ENTREPRENEUR – a risk-taker, who made something happen.
We have already mentioned some FAMOUS ENTREPRENEURS!!!

8. What does Enterprise involve?
New ideas – bringing products to the market
Money (capital) – own savings, borrow or persuade others to take a risk on their idea
Risk – own money, other people’s money and their reputations
Reward – seeing a product on sale, profit!

9. What does an Entrepreneur look like?
Draw what you think an Entrepreneur looks like.
Note their characteristics around your picture.
Enthusiastic
Hard working
Persistent
Willing to take advice

10. Plenary