1. What Is Entrepreneurship?
Define what it means to be an entrepreneur
Compare the pros and cons of being an entrepreneur
Identify successful entrepreneurs and their achievements

2. Response Card Name Number 1-5 (leave space)
On the back setup 2 business meetings…
1 & 2

3. What is an Entrepreneur?
Let’s take a step back and define Entrepreneur?
Can anybody give us a definition of an entrepreneur? (write responses on the board)

4. What Is an Entrepreneur?
Someone who creates and runs a business is called an entrepreneur.
When an entrepreneur starts a new business, risk is involved. Risk is the chance of losing something.
Because employees work for someone else and entrepreneurs work for themselves, entrepreneurs risk more than employees.
Small firms employ about half of the U.S. private work force, and they create around 64 percent of all new jobs!
99.9% of the US economy is small business
Small businesses >500 employees 3 times amount of intellectual property

5. Characteristics of Successful Entrepreneurs?
Personal Characteristics
Skills

6. What do you see?

7. Next test!
Find the numbers 1-54 in order in under 2 minutes! Good luck!!

8. Standing Business Meeting!
Find your first business partner.
Have a standing meeting and discuss what are characteristics or skills an entrepreneur must have to be successful.
Put all your ideas on #1 of your response card.

9. Characteristics of Successful Entrepreneurs
Personal Characteristics
Courage
Creativity
Curiosity
Determination
Discipline
Empathy
Enthusiasm
Flexibility
Honesty
Patience
Responsibility
Skills
A skill is an ability that’s learned through training and practice.
Business Skill
Communication Skill
Computer Skill
Decision-Making and Problem- Solving Skills
Mathematical Skill
Organizational Skill
People Skills

10. Advantages & Disadvantages of being an Entrepreneur

11. Standing Business Meeting!
Find your second business partner.
Have a standing meeting and discuss what are biggest advantages and disadvantages of being an entrepreneur.
Put all your ideas on #2 of your response card.

12. Advantages & Disadvantages of being an Entrepreneur
Business Failure
Obstacles
Loneliness
Financial Insecurity
Long Hours/Hard Work
Advantages
Control Over Time
Satisfaction
Wealth Creation
Control Over Compensation
Control Over Working Conditions

13. Why Study Entrepreneurship?
There are two primary reasons why studying entrepreneurship makes sense: you learn to think like an entrepreneur and you develop a vision for your life.
This slide is a key slide and point to make to teachers that teaching this class doesn’t mean all students will become entrepreneurs. The expectation is to change how our students think and act. Critical reasoning and utilizing their talents is the focus of this class.

14. Entrepreneurship=solving problems for $$$ 
Response card #3
Write down 3 to 5 problems you see in the world today
(It could be something small like not getting enough sleep or something big like global poverty)

15. Entrepreneurship=solving problems for $$$ 
Response card #4
Now come up with one business idea to solve one of your problems from question 3.
The trick is the business idea must be profitable (aka make money!)

16. Video
Response card #5
What problem is the kid from the video solving?

17. Gallery Walk!
 Please move around the room and learn about key entrepreneurs in US history; Bill Gates, Sam Walton, Estée Lauder, Robert Johnson, Lionel Sosa.
Make sure to take notes using your response card 