CP9 Lesson 1.3

Word Cloud

In one word, tell me how you feel about the start of this course so far...

Career Video of the Day

Entrepreneur

Entrepreneurship Requirements

Draw

If you could start your own business, circle for me what type you'd want to create:

-Tech Startups (e.g., app development, AI)

-Retail Startups (e.g., e-commerce, boutique stores)

-Social Enterprises (e.g., nonprofits with business models)

-Green Startups (e.g., sustainability-focused ventures)

-Service-Based Startups (e.g., consulting, freelancing)

-Creative Startups (e.g., design studios, content creation)

• Let's take a look at this scenario...

• Shirley owns the small business Shirley's Soul Food.

• When she started the company many years ago, it took a lot of planning and hard work.

• There were many things she had to consider and many steps she needed to complete before she could open.

According to the United States Census Bureau...

-in 2019, there were 7,959,103 small businesses in the United States. A small business has less than 20 employees working for the company. 

Draw

What do you think Shirley had to consider before opening Shirley's Soul Food? Check the ones that would apply.

Multiple Choice

True or False:

Every entrepreneur follows the exact same path to becoming an entrepreneur.

• TRUE

• FALSE

Multiple Select

How could you come up with an idea for a company?

Select all that apply (3)

• 
  your skills

• current trends

• needs in the community

• going to school

​Shirley's Business Plan Example

​Shirley's Business Plan Example Cont...

Match

Match the definitions with three of the sections of a business plan.

• 
  a description of the product or service that your company will sell

• 
  a plan used to decide the amount of money that can be spent and how it will be spent

• research on your business's potential strengths, weaknesses, opportunities, and threats

business idea

budget

competitive analysis

• 
  business idea

• 
  budget

• 
  competitive analysis

Match

Match the definitions with the other three sections of a business plan.

• 
  the activities that are involved in making people aware of a company's products or services

• 
  the tasks that you do each day to run your business

• 
  predicting how many sales you will have in the future

marketing

daily operations

sales forecasting

• 
  marketing

• 
  daily operations

• 
  sales forecasting

-There are many qualities that make a good entrepreneur, but you will focus on the following five: 

1. self-motivated: they want to get to the "next level" of something, whatever that may be.

2. innovative: will introduce new ideas or methods.

3. ethical: Integrity is the quality of being honest, and ethics involves using principles that decide what is right or wrong.

4. passionate: means that something drives you to do what you are doing.

5. people-oriented: People skills are necessary to communicate company goals and discuss important topics with employees.​

​

​Who even is an entrepreneur?

Multiple Select

Could you see yourself becoming an entrepreneur (own your own business) one day?

• YES!!

• Nope

• Maybe