Assignments for 8th Grade Middle School Business Education and Computer Science Education
  
















Coding/STEM Unit


Day63-64 Thursday - Friday, December 17-18 - GameStar Mechanic - Register HERE

Create your own account (Username: Student# and Password: Your Password:  E-class Password)

"Gamestar Mechanic uses game-based quests and courses that help you learn game design and make your own video games!
Go on Quests that power up your game design skills and let you earn items you can use to make your own games"

Win $100

Answer ONE of the3 questions in 300 words or less:
  1. In what ways has Venture positively impacted your life? Give an example of how the program has changed your attitude or behavior towards entrepreneurship, and how this change will help you now and in the future.
  2. What are your dreams for the future (college, travel, volunteering, pursuing your dream job)? How has Entrepreneurship helped prepare you to achieve those goals? Be specific.
  3. Tell us about a mistake that you, or someone you know, has made in starting a business. How would you change your actions based on what you now know through Venture?
http://goo.gl/9YDcu9  - Must type it first for me to review before you submit.
 
Day60-61-62  Monday & Tuesday, Wednesday, December 14-15-16 - On Your Own
 

On Your Own Overview:

Remember: https://www.cwpubonline.com

  • There are eight different incomes to choose from ranging from a low of $18,000 to a high of $60,000.
  • There are twelve different communities to choose from located across the United States and ranging in size from small towns like Fitchburg, Massachusetts to major cities like New York and Los Angeles.
  • Life happens week-by-week for a simulated year.

Objectives:

Don't Go Bankrupt

  • A low income

  • No insurance

  • Overspending before paying bills

  • A  series  of  emergencies: 

Earn Lifestyle Points

  • we all spend money to meet our expenses and pay for things we enjoy. In a computer simulation there has to be another incentive since we can't really enjoy a movie or concert or use an item of clothing or furniture. Earning lifestyle points is that incentive.

  •  Your students earn Lifestyle Points by paying bills, going shopping, paying for hassles and emergencies, increasing their savings, making investments, answering Luck questions, solving math problems, completing a word challenge and making the correct decisions in personal, social and work situations.

  •  For example, they receive 1 Lifestyle Point for each dollar they spend paying bills, making required purchases or buying groceries or gasoline.

  •  They receive 2 points for each dollar spent eating out or increasing their savings. They also receive 2 points for every dollar their investments increase in value.

  •  They receive 3 points for each dollar spent on voluntary shopping and entertainment. Periodically, they are also offered shopping specials for which they can earn up to 10 lifestyle points for every dollar spent.

  •  They receive 200 points for every Luck question they answer correctly. They can earn or lose 100, 300, or 500 points for math problems. They can earn or lose 500 points for a word challenge. And they can earn or lose up to

  • 500 lifestyle points based on the decisions they make in each personal, social and work situation.

Minimize Credit Usage

  • , students have a credit card with a limit of $3,000 which they can use as they please, just as they might have in the real world. They also have the option of applying for one personal loan at their bank for up to $5,000 during the simulation. If their loan application is denied, they can not apply again.

  • No lifestyle points are ever received for using credit, but points are earned for paying off debt.

Weekly To-do List

  • Each week students must complete a To-Do List which can include

  1. Required shopping

  2. Bills that are due

  3. A trip to the grocery store

  4. A trip to the gas station

  • Periodically, they are also offered shopping specials for which they can receive up to 10 lifestyle points for every dollar spent.

Life Happens:

Each week, students must select five of ten Life Happens boxes and deal with the unexpected. This can include:

  • Nothing ...................   Nothing unusual happens and there is no cost to the student.

  • Hassles ...................   Students must make a small payment.

  • Decisions ................   Students must make a choice.

  • Luck ........................   Students receive a payment or must answer a personal finance question.

  • Math ........................   Students must solve a related math problem.

(You have the choice of including or excluding the math option in Life Happens. If you choose to include the math option, students will be solving problems uniquely related to their individual financial situations and the choices they make throughout the simulation. No two students will be solving the same problems. (see The Math Option on pages 8-9.)

  • The Word ................   Students must determine the personal finance term that fits a definition.

  • Emergencies...........   Very costly unexpected events.

FACTS TO KNOW IN THE GAME: Part V
Overview of the Game!

Taxes/Expenses

  • Because of taxes, you only get to spend about 60% of what you earn

  • Federal Taxes and social security taxes are a pay check deductions

Rent/Housing:

  • Renters need insurance for their personal items but does not cover the apartment building

  • Most apartment DO NOT include utilities like: water, gas, and electricity which is a variable expense and NOT fixed

  • Rent and car payments are usually paid every month along with mortgages however some people are paid weekly

  • Most landlords require a security deposit when renting a home or an apartment

  • The location of a house or apartment determines the cost.

  • Having a roommate is not always a good idea but can decrease living expenses

  • To rent you must always have a lease agreement

Budgeting

  • A budget can be changed at anytime.  It is just a spending plan

  • Savings should always be part of your budget (as you pay yourself first)

  • Just because you can make the monthly payment DOES NOT mean you can afford the car

  • Most low income jobs are paid weekly and not every other week. Career jobs are typically paid monthly.

  • Your first savings goal should be an emergency fund 

Spending

  • Food is a HUGE part of a person's budget and is never a Fixed expense but varies (variable expense)

  • You can open a checking account at a bank or credit union with a deposit

  • Moving to another city requires a lot of money; in fact, living in a small city verse a large city is usually cheaper.

  • Expenses are liabilities for you

Insurance

  • Insurance protects a person from unexpected expenses

  • Auto Ins. can include liability and collision

  • Health insurance is now mandatory and not INEXPENSIVE

  • An insurance deductible is the amount of money a person has to pay as part of the loss incurred.

  • Your car and personal possessions are covered under totally different policies.

Money:

  • A Debit card is very different than Credit Card.  Using a debit card is like writing a check.

  • Investing always involves a certain level of risk

  • It is EASY to get into debt but HARD to get out

  • You should pay your bills first and always on time.

 
Day59-Friday, December 11 - STEM - SimCity 3000/Game Over Gopher/ etc...
 
  1. Find your Success for Teens book: and write a one paragraph review of what you learned from the book.  Write it in the back of the book or on a sheet of paper.  Please be sure your name is on the paper and print it out.  We will turn in the books today and I will grade and return to you on Monday.
  2. and .  Plus 3 other great STEM missions to compete in on the glasslabgames.org site.
 
Day58-Thursday, December 10 - STEM - SimCity 3000
  1. Find your Success for Teens book: and write a one paragraph review of what you learned from the book.  Please be sure your name is on the paper and print it out.   We will turn in the books on Friday and I will grade and return to you on Monday.
  2. and .  Plus 3 other great STEM missions to compete in on the glasslabgames.org site.
 
Day57-Wednesday, December 9 - STEM - SimCity 3000
  1. Find your Success for Teens book: and journal your answers to the final chapter 8.   We will turn in the books on Friday and I will grade and return to you on Monday.
  2. Using the code below, open the link above and register for an account and start.
  3. 8a: 7R7TK
    8b: QYFBL
 
Day56-Tuesday, December 8 - Coding - StarWars Game
  1. What is the Hour of Code? https://youtu.be/FC5FbmsH4fw
  2. Find your Success for Teens book: and journal your answers to chapter 7.
  3. Using the code below, open the link and register for an account and start coding.  At the end you will create your own Star Wars Game
  4.  
    8b: https://studio.code.org/join/NDQXDP
 
Day55-Monday, December 7 - Scratch / Google CS-First Coding Unit
  1. Find your Success for Teens book: and journal your answers to chapter 6.
  2. Take out your Google CS-First Passports then pick up where you left off by clicking the link below your passion areas.  Finish Activity 6 and 7 today.  There is no need to do any addons yet.
CS-First (Google) Passion Areas for Coding
Game Design
Sports
Music
Art
Fashion and Design
Social Media
Story Telling
Friends
Animation
     
Day54-Friday, December 4 - Scratch / Google CS-First Coding Unit
  1. Find your Success for Teens book: and journal your answers to chapter 5.
  2. Take out your Google CS-First Passports then pick up where you left off by clicking the link below your passion areas.  Finish Activity 5 and 6 today.  There is no need to do any addons yet. 
 
Day53-Thursday, December 3 - Scratch / Google CS-First Coding Unit
  1. Find your Success for Teens book: and journal your answers to chapter 4.
  2. Take out your Google CS-First Passports then pick up where you left off by clicking the link below your passion areas.  Finish Activity 4 and 5 today.  There is no need to do any addons yet. 
 
Day52 - Scratch / Google CS-First Coding Unit
  1. Find your Success for Teens book: and journal your answers to chapter 3.
  2. Take out your Google CS-First Passports then pick up where you left off by clicking the link below your passion areas.  Finish Activity 3 and 4 today.  There is no need to do any addons yet. 
 
 
Day51 - Scratch / Google CS-First Coding Unit
  1. Find your Success for Teens book: and journal your answers to chapter 2.
  2. Take out your Google CS-First Passports then pick up where you left off by clicking the link below your passion areas.  Finish Activity 2 and 3 today.  There is no need to do any addons yet. 
CS-First (Google) Passion Areas for Coding
Game Design
Sports
Music
Art
Fashion and Design
Social Media
Story Telling
Friends
Animation
     
 
Day50 - Scratch / Google CS-First Coding Unit
  1. Welcome back from Thanksgiving Break!  We will finish up our last 3 weeks with a Book Study, STEM / Coding Unit along with a game called "On Your Own." and Gamestar Mechanic Game Design Unit.
  2. Pick one of the following themes below to get started
Storytelling Fashion & Design Art Friends
       
Social Media Sports Music & Sound Game Design
1. Storytelling

In Storytelling, students use computer science to tell fun and interactive stories. Storytelling emphasizes creativity by encouraging club members to tell a unique story each day.
2. Fashion & Design

In Fashion & Design, students learn how computer science and technology are used in the fashion industry while building fashion-themed programs, like a fashion walk, a stylist tool, and a pattern maker.
3. Art

In Art, students create animations, interactive artwork, photograph filters, and other exciting, artistic projects.
4. Friends

In Friends, students create projects for a friend! Projects include telling the story of how the friendship started, making a cooperative game, and imagining a company together.
5. Social Media

In Social Media, students create fun social media style applications and games while learning about the computer science concepts that enable these programs to work.
6. Sports

In Sports, students use computer science to simulate extreme sports, make their own fitness gadget commercial, and create commentary for a big sporting event.
7.Music & Sound

In Music & Sound, students use the computer to play musical notes, create a music video, and build an interactive music display while learning how programming is used to create music.
8. Game Design

In Game Design, students learn basic video game coding concepts by making different types of games, including racing, platform, launching, and more!
9. Animation Advanced

Students create fun and complex animated projects. This is an advanced curriculum, which means it teaches new concepts that are recommended for students who have already participated in at least two other CS First themes.
     
 
Day49 - Take Stock Quote Quiz
  1. Take the quiz for today... http://www.quia.com/quiz/1177229.html
  2. Watch today's Video on Stocks and answer the question(s) for today.
  3. As the Fund Manager for your parents, you should check your fund's performance and make any necessary changes you think is necessary.  Sell stocks?  Buy stocks?  It is up to you to manage the $100,000 with care.  Check out your rankings as well.
  4. If you finish early, type the lesson in Typingclub.com on Stocks
  5. Register for your JA My Way Account: https://www.jamyway.org/sign-in/
  6. Try the Interest Calculator -
Day48 - Fund Review + Quizizz Game
  1. Watch today's Video on Stocks and answer the question(s) for today.
  2. As the Fund Manager for your parents, you should check your fund's performance and make any necessary changes you think is necessary.  Sell stocks?  Buy stocks?  It is up to you to manage the $100,000 with care.  Check out your rankings as well.
  3. Review for Friday's quiz: Open Quizizz- join.quizizz.com  - 8a Enter Game Code: 14536 now click proceed.  Enter your real name and click "Join Game". Now click start game.  You will be ranked on how well you did.
    8b Code:
    14182
  4. If you finish early, type the lesson in Typingclub.com on Stocks
  5. Try the Interest Calculator -
Day47 - Stock Purchase/ Mutual Fund Purchase +Analysis Jeopardy Game
  1. Watch today's Video on Stocks and answer the question(s) for today.
  2. Purchase your Stocks - First Sign up (Username must be: Firstname-Lastname) then Join...  -
  3. Find a partner and play this Jeopardy game and tell me who won to get a prize.
    Quote game

  4. If you finish early, type the lesson in Typingclub.com on Stocks
Day46 - Stock Analysis
  1. Watch today's Video on Stocks and answer the question(s) for today.
  2. Review using "Smart Board" demonstration Nike vs Sketchers Shoe company Stock Quote by Google/Finance
  3. Take out a clean piece of paper and number it down the left side: 1a, 1b, 2a, 2b, 2c, 3a, 3b, 3c, 4a, 4b, 5a, 5b, 6a, 6b, 7a, 7b, 7c, 8, 9, 10a, 10b, 10c, 10d, 11a, 11b, 12. and do activity on Stock Analysis
  4. If you finish early, type the lesson in Typingclub.com on Stocks
 
Day45 - Rose Bolzan Visits - Stock Analysis
  1. Watch today's Video on Stocks and answer the question(s) for today.
  2. If you finish early, type the lesson in Typingclub.com on Stocks
Day44 - Stock Analysis
  1. Watch today's Video on Stocks and answer the question(s) for today.
  2. Turn over to side 2 of the Handout and fill in each blank using the Google Slide Show as seen below:
  3. Open https://www.google.com/finance to do your research on your two companies and finish the right side of the handout.  (Apple verse Google)
  4. If you finish early, type the lesson in Typingclub.com on Stocks
 
Day43 - Stock Analysis
  1. Take out your Stock Portfolio / Mutual Fund Handout from yesterday.
  2. Begin typing your handout into Excel as seen below:
  3. Finish the spreadsheet and then add the Excel Formula to Column F and Grand Total which you are not to exceed $100,000.00.
  4. If you finish early, type the lesson in Typingclub.com on Stocks
 
Day42 - History/Terms Quiz
  1. Take Hisory/Terms Online Quiz
  2. Watch today's Video on Stock Markets and answer the question(s) for today.
  3. Fill out side 1 only (Stock Portfolio/Mutual Fund) of the Handout I will give you today using this site: http://www.wallstreetsurvivor.com/find-stocks/interest/
    1. You are to fill in 3 companies for each of the 8 industry/interest groups.  You can select any company you want from the companies listed on the site above.
    2. You must first write down the company name
    3. Then, the company symbol
    4. Finally, the price per share  (see the first example:  Nike, NKE, $89.22 - Note: If you want this company you must find the correct price and mark through the price on the paper.
    5. Leave your paper on your computer before you leave or take it home to finish side 1 for homework.
  4. If you finish early, type the lesson in Typingclub.com on Stocks
 
 
Day41 - Review for Quiz
  1. Watch today's Video on Stock Markets and answer the question(s) for today.
  2. Take out the sheet of paper from yesterday with your 20 answers from the article and review with me in class using the Google Slide above.
  3. Open the activity from yesterday/article and finish answering the 20 questions) on the Stock Market Handbook Visit the Stock Market Simulation Handbook and play along with us!called STOCK MARKET WINS & LOSES.
  4. OPEN - http://quizizz.com/admin/quiz/56426313b2dc60986cf5569b
  5. Open Quizizz - Enter Game Code: 40991 now click proceed.  Enter your real name and click "Join Game". Now click start game.  You will be ranked on how well you did.
  6. If you finish early, play the "Rags to Riches- Who Wants to be a Millionare" game online  If you reach $1 Million dollars see me for a reward.
  7. Finally, type the lesson in Typingclub.com on Stocks
  8. 8b Game Code: 92803
Day40 - Stocks?  What are they?
  1. Take out a sheet of paper and write your name at the top and number the paper 1 to 20 down the left side.
  2. Now, watch the Bill Nye Video on Stock Markets and answer all 5 questions in the Video.
  3. Next, complete the activity (read the article and answer the 20 questions) on the Stock Market Handbook Visit the Stock Market Simulation Handbook and play along with us!called STOCK MARKET WINS & LOSES.
  4. Next, play the "Rags to Riches- Who Wants to be a Millionare" game online  If you reach $1 Million dollars see me for a reward.
  5. Finally, type the lesson in Typingclub.com on Stocks
 
Day39 - FINISH - Introduction to the STOCK MARKET - Investment UNIT
  1. Finish the Stock Market/Investing Unit section 9 ONLY in EverFi 8a115: 64233b57 8b115: 6fd5ff3f
  2. Get a cookie and then view my TOP shark tank ever:  A Christmas Theme Video
  3. Be sure your Weebly Website is FINISHED!
  4. Be sure your Powtoon is finished.
  5. Be sure your "Business Plan" in Typingclub.com is finished
Visit the Stock Market Simulation Handbook and play along with us!
Day38 - Introduction to the STOCK MARKET - Investment UNIT
  1. Open the Stock Market/Investing Unit and start section 9 of the unit 8a115: 64233b57 8b115: 6fd5ff3f
  2. Get a cookie and then view my TOP shark tank ever:  A Christmas Theme Video
  3. Be sure your Weebly Website is FINISHED!
  4. Be sure your Powtoon is finished.
  5. Be sure your "Business Plan" in Typingclub.com is finished
Entrepreneurship
Day36 & 37: Shark Tank (Day1 & 2) - Tue. Nov. 3 & 4
 
Day35:

Giving the Pitch -

  • Voice - a good voice can be clearly heard and the words easily understood.  It should move from one pitch level to another for emphasis and should have a variety of rate and volume. Pause at times.  Slow down.  Don't talk too fast.
  • Delivery - Speaker should speak with enthusiasm and assurance. (This comes with lots of practice)
  • Physical - Speaker should use gestures with hands but not sway or put hands in pockets nor should you use hands and feet to distract from the message.
  • Preparation - Does it show the speaker practiced or did not practice and is just reading their speech?
  • Eye contact- Did the speaker make connection with the audience using eye contact?
  • Smile - Did the speaker use genuine, friendly facial expressions like smiling?
  • Organization - Did the speech show thoughtful sequence or a beginning, body and an end?
 
  1. Give your 4-5 Minute Shark Tank Pitch to the class
    • be sure to NOT read word for word from your pitch.  Instead use your note card:
      • Introduction
      • Business Name
      • Your Story
      • What/who inspired you
      • What problem are you solving
      • Finances
      • Customers
      • Marketing
      • Unique/Different
      • Giving Back
  2. Give feedback on eClass on the person you heard their pitch.  Be sure to include something positive about the pitch and then something they should work on to improve the pitch.
  3. Open Microsoft Publisher and finish creating your business cards (3871).  Be sure to include: Your name, title (Owner, President, CEO), web address (_____.weebly.com), Company Name with tagline.
  4. Save your Business card to the drop box.
  5. If time allows, start your video commercial on Powtoon - Use your Google Account to log in.
  6. If time allows, do the typing Lesson's Business Plan in Typingclub.com
  7. If time allows, watch today's Video of the day
 
Day34:
  1. Give your 4-5 Minute Shark Tank Pitch to the class
    • be sure to NOT read word for word from your pitch.  Instead use your note card:
      • Introduction
      • Business Name
      • Your Story
      • What/who inspired you
      • What problem are you solving
      • Finances
      • Customers
      • Marketing
      • Unique/Different
      • Giving Back
  2. Give feedback on eClass on the person you heard their pitch.  Be sure to include something positive about the pitch and then something they should work on to improve the pitch.
  3. Open Microsoft Publisher and finish creating your business cards (3871).  Be sure to include: Your name, title (Owner, President, CEO), web address (_____.weebly.com), Company Name with tagline.
  4. Save your Business card to the drop box.
  5. If time allows, start your video commercial on Powtoon - Use your Google Account to log in.
  6. If time allows, do the typing Lesson's Business Plan in Typingclub.com
  7. If time allows, watch today's Video of the day
 
Day33:
  1. Give your 4-5 Minute Shark Tank Pitch to the class
    • be sure to NOT read word for word from your pitch.  Instead use your note card:
      • Introduction
      • Business Name
      • Your Story
      • What/who inspired you
      • What problem are you solving
      • Finances
      • Customers
      • Marketing
      • Unique/Different
      • Giving Back
  2. Give feedback on eClass on the person you heard their pitch.  Be sure to include something positive about the pitch and then something they should work on to improve the pitch.
  3. Open Microsoft Publisher and finish creating your business cards (3871).  Be sure to include: Your name, title (Owner, President, CEO), web address (_____.weebly.com), Company Name with tagline.
  4. Save your Business card to the drop box.
  5. If time allows, start your video commercial on Powtoon - Use your Google Account to log in.
  6. If time allows, do the typing Lesson's Business Plan in Typingclub.com
  7. If time allows, watch today's Video of the day
 
Day32:
  1. Give your 4-5 Minute Shark Tank Pitch to someone you have not yet given it to: See me if you need help?

  2. Give feedback on eClass on the person you heard their pitch.  Be sure to include something positive about the pitch and then something they should work on to improve the pitch.
  3. Open Microsoft Publisher and start creating your business cards.  Use your logo and tagline you created earlier for your business on Microsoft Powerpoint.
  4. If time allows, do the typing Lesson's Business Plan in Typingclub.com

  5. If time allows, watch today's Video of the day
 
Day31:
  1. Give your 4-5 Minute Shark Tank Pitch to someone you have not yet given it to: See me if you need help?

  2. Give feedback on eClass on the person you heard their pitch.  Be sure to include something positive about the pitch and then something they should work on to improve the pitch.
  3. Time to open Weebly and start working on your website.
  4. If time allows, work on typing Lesson's Business Plan in Typingclub.com
  5. If time allows, watch today's Video of the day

 
Day30:
  1. Create an ad- 2x2 Web Ad: Open Microsoft Publisher and select Advertisements then Advertisements (2x2, Classic Design) and fill it out with your business information. Print in Black and white then write your name on the front and leave it at your computer.
  2. Next, create a FULL page 8x11 in. Ad to be printed and posted in a prominent place, passed out to friends or even mailed.  Print in black and white in my room and then save in my drop box so I can print it in color.

  3. (*optional) Create a Business Card size Ad that can be passed out to customers.  Use the Business Card template for in Microsoft Publisher.  Feel free to also freehand draw your ad if you would rather.

  4. Watch today's Video of the day

  5. Give your 4-5 Minute Shark Tank Pitch: See me for who?

  6. Give feedback on eClass on the person you heard their pitch.  Be sure to include something positive about the pitch and then something they should work on to improve the pitch.
  7. Start typing Lesson's Business Plan in Typingclub.com
 
 
Day29:
  1. Finish final Module III of Venture
  2. Give feedback on eClass on the person you heard their pitch.  Be sure to include something positive about the pitch and then something they should work on to improve the pitch.
  3. Watch today's Video of the day
  4. Give your 4-5 Minute Shark Tank Pitch: See me for who?

  5. Finish Lesson's Characteristics of Entrepreneurship in Typingclub.com
 
Day28:
  1. Take the test on book: Money Management: Control Your Cash Flow Book
  2. Finish final Section III of Venture
  3. Watch today's Video of the day
  4. Give your 4-5 Minute Shark Tank Pitch: See me for who?

  5. Finish Lesson's Characteristics of Entrepreneurship in Typingclub.com
 
Day27:
  1. Watch today's Video of the day
  2. Finish writing the 4-5 Minute Shark Tank Pitch:

    Double Spaced Speech: 650+ words

  3. Work through next section in book: Money Management: Control Your Cash Flow Book Finish the book today (fill in all blanks and journal opportunities)
  4. Finish Lesson's Characteristics of Entrepreneurship in Typingclub.com
  5. Finish Part III of Venture

Module 1

  • Be able to define what it means to be an entrepreneur
  • Be able to describe the responsibilities and risks unique to entrepreneurs
  • Be able to describe an asset, and provide an example
  • Be able to identify the purpose and components of a business plan
  • Be able to list the key characteristics of a successful entrepreneur
  • Be able to identify the advantages of entrepreneurship
  • Be able to tell the difference between a personal characteristic and skills
  • Be able to understand how entrepreneurs meet changing economic wants/needs

Module 2

  • Be able to explain how to use creative thinking to generate ideas
  • Be able to identify ways to recognize business opportunities
  • Be able to differentiate between business ideas and business opportunities
  • Recall the four parts of a SWOT Analysis
  • Be able to explain the importance of market research
  • Learn market research methods and identify the steps to researching a
    market
  • Be able to explain what a consumer profile consists of
  • Be able to explain the importance of identifying a target market segment
  • Be able to explain the importance of indirect competition
  • Define different types of expenses (fixed, variable, start-up)
  • Define a start-up expense
  • Explain how to define and calculate the economics of one unit of sale
  • Calculate how expenses affect projected yearly sales and income
  • Describe the value of knowing break-even units for a business
  • Recall the four steps to preparing a sales forecast

Module 3

  • Identify the components of a marketing plan
  • Be able to describe a value proposition
  • Learn the importance of a business pitch
  • Be able to explain the elements of a business pitch
  • Identify the importance of target market research
Day26:
  1. Mr. David Carswell to speak about him many business opportunities and how he got started.
  2. Respond to the Discussion Thread on eClass.
 
Day25:
  1. Watch today's Video of the day
  2. Continue writing the 4-5 Minute Shark Tank Pitch:

    Double Spaced Speech: 650+ words

  3. Work through next section in book: Money Management: Control Your Cash Flow Book Pages 22-29 (fill in all blanks and journal opportunities)
  4. Finish Lesson's Characteristics of Entrepreneurship in Typingclub.com
 
Day24:
  1. Watch today's Video of the day
  2. Continue writing the 4-5 Minute Shark Tank Pitch:

    Double Spaced Speech: 650+ words

    Help me find where you answer each part below by putting number like:(1) (2) (3) etc. at the start of the sentence that address the topics below and bold it so it stands out and also make it a few points larger than the text.

  3. Explain who or what inspired you to start your business? My grandmother is my inspiration for this business because ... or It all started when I was young and found out I loved baking with my easy bake oven.  I loved cooking with my parents and still cook on most weekends.(add a picture )
  4. Describe yourself and your family and how they have helped shape who you are.  I live with my brother and two sisters.  My sisters are both away at college but they also loved to cook and really encouraged me to cook. To this day they come home and ask me to make my cookies.(add a picture )
  5. Describe your skills, accomplishments, and what you enjoy doing in and out of school?  My favorite subject is Language Arts.  I love writing and reading.  There are many days that I just wish I was at home reading a good book instead at school.  I play softball on a travel team and rarely have time to just come home and cook.  However it is times that I am at home that I love to cook.(add a picture )
  6. What need or problem will your business meet or solve?  I know there are people who just need to finish their day with a great sweet treat or want to give a special gift to a friend or peer.  I also know many don't have time to make that gift.  I love to cook and want to help that person.(add a picture )
  7. What is your mission statement?  Our company's mission is to make special people feel special with special treats.(add a picture )
  8.  Finances: What is the cost of your product or service?  How much profit do you expect to make on a single unit?  What does a typical sale look like in the amount of time you spend and how you your deliver your product.  Is there any special packaging or shipping costs?  How much money do you need to get your business started?
  9.  Who are your customers?  You have done your research.  Based on the market research you conducted last week.  Explain who you think will be your target market and back up your claim with why.
  10. Describe how you plan to market and sell your products and/or services.
    (How will you spread the word about what your business has to offer? Will you sell the product or provide the service out of your home? Will you take orders on a website?  What ways will you tell others about your product?  How will you utilize social media like instagram?
  11. Explain what will make your business different or unique from your competition and why it is your company is likely to succeed.
    (Check your competition out and now describe what will make your business different than the others. What will set your business idea apart and makes it better? What do existing products/services not offer that yours will? Why will someone want to buy from your business and not a competitor? How will you encourage more and more people to buy what you sell?)  Note, be able to explain why your competition has been successful and what they have accomplished.  This gives your own company credibility.  Successful competition is an advantage because they are proof of your business model and or concept works with customers. Remember to explain WHY will people buy it?
  12. Giving back: How will your business help a community, charity, or another organization that is meaningful to you besides have a great product or service?
    How might your business have a positive effect on your community (besides your great business).  Will you help a charity or organization? Will you donate money to a good cause?  How do you plan on doing this good for your community?
  13. Work through next section in book: Money Management: Control Your Cash Flow Book Pages 22-29 (fill in all blanks and journal opportunities)
  14. Finish Lesson's Characteristics of Entrepreneurship in Typingclub.com
 
Day23:
  1. Watch today's Video of the day
  2. Continue writing the 4-5 Minute Shark Tank Pitch:

    Double Spaced Speech: 650+ words

    Help me find where you answer each part below by putting number like:(1) (2) (3) etc. at the start of the sentence that address the topics below and bold it so it stands out and also make it a few points larger than the text.

    • 1. Introduce yourself and what are you seeking? (one or two sentences)
      • (1)Hello my name is Roderick Hames and I am President and Founder of (2)______________.  I am seeking your advice about my business.  (3) This business started when I was...(4) (5) (6) (7)
    • 2. What is the name of your business?
    • 3. Describe how you came up with your business idea.
    • 4.  Explain who or what inspired you to start this business. Talk a little about yourself and your achievements in this area you have chosen.
    • 5. What need or problem will your business meet or solve by selling your product or service (be sure you have stated exactly what you are selling)?

      Today:
    • 6. Finances: What is the cost of your product or service?  How much profit do you expect to make on a single unit?  What does a typical sale look like in the amount of time you spend and how you your deliver your product.  Is there any special packaging or shipping costs?  How much money do you need to get your business started?
    • 7. Who are your customers?  You have done your research.  Based on the market research you conducted last week.  Explain who you think will be your target market and back up your claim with why.

  3. Work through next section in book: Money Management: Control Your Cash Flow Book Pages 15-22 (fill in all blanks and journal opportunities)
  4. Finish Lesson's Characteristics of Entrepreneurship in Typingclub.com
 
Day22:
  1. Watch today's Video of the day
  2. Continue writing the 4-5 Minute Shark Tank Pitch:

    Double Spaced Speech: 650+ words

    Help me find where you answer each part below by putting number like:(1) (2) (3) etc. at the start of the sentence that address the topics below and bold it so it stands out and also make it a few points larger than the text.

    • 1. Introduce yourself and what are you seeking? (one or two sentences)
      • (1)Hello my name is Roderick Hames and I am President and Founder of (2)______________.  I am seeking your advice about my business.  (3) This business started when I was...(4) (5)
    • 2. What is the name of your business?
    • 3. Describe how you came up with your business idea.
    • 4.  Explain who or what inspired you to start this business. Talk a little about yourself and your achievements in this area you have chosen.
    • 5. What need or problem will your business meet or solve by selling your product or service (be sure you have stated exactly what you are selling)?

  3. Work through next section in book: Money Management: Control Your Cash Flow Book Pages 8-14 (fill in all blanks and journal opportunities)
  4. Finish Lesson's Characteristics of Entrepreneurship in Typingclub.com
 
Day21:
  1. Watch today's Video of the day
  2. Finish Lesson's 91-100 in Typingclub.com
  3. Begin book study: Money Management: Control Your Cash Flow Book (pages 1-8) Fill in all blanks.
  4. Start writing the 4-5 Minute Shark Tank Pitch:

    Double Spaced Speech: 650+ words

    • Introduce yourself.
    • Include a fact about your industry (real or perceived- How big and/or important is your industry?)
    • Tell your story and it must be compelling and strong
    • Must include some background of what makes you qualified in that business
    • Must explain why people love, need or want your product or service
    • When you present you must show energy, passion, and enthusiasm using voice, face, eyes, and gestures

    Must answer the following questions in your speech:

    • Who are your customers?
    • How will you run your business?
    • What are the costs associated with your business?
    • How will you market (get the word out) about your business?
    • What is unique about your business?
    • How will you give back to your community?
    • What goals do you have for your company?
 
  
Day20:
  1. Watch today's Video of the day
  2. Work on Lesson's 86-90 in Typingclub.com
  3. Preview the first 16 slide in the Finance Slide Show above and be prepared to know the meanings of the words in burgundy.
  4. Open your business plan and answer the following:
    1. What are 3-5 costs associated with your business?
    2. Are you going to have to get a parent/guardian/adult to loan you money or their help?
    3. How much are you going to charge for your time (labor) per hour?
    4. If you are selling a product, do some research and calculate the cost of each part then get the basic cost of one unit.
    5. If you are selling a service, calculate any extra things that will add value to your service that you want to offer.
 
Day19:
  1. Watch today's Video of the day
  2. Work on Lesson's 81-85 in Typingclub.com
  3. Finish Report on the LEGO Handout which helps make a determination of what you are selling your toy for so you can make a reasonable profit.
 
Day18:
  1. Watch today's Video of the day
  2. Work on Lesson's 75-80 in Typingclub.com
  3. Finish the LEGO Handout to help make a determination of what you are selling your toy for so you can make a reasonable profit.
  4. When Finished, you may work on any incomplete assignment like your Quia- 25 Question Quiz on Entrepreneurship Ideas/Marketing Research/ and Competition, Quia-Intellectual Property Quiz or Venture Part II grade.
 
Day17:
  1. Watch today's Video of the dayhttp://cache.lego.com/r/www/-/media/portal%20v2010/news/da-dk/201402/lego_world_logo_2013_original_rgb_v1.png?l.r=-2101850201
  2. Work on Lesson's 70-75 in Typingclub.com
  3. Take 20 LEGO pieces from the table and go back to your partner to figure out costs of your materials.
  4. Use the LEGO Handout to help make a determination of what you are selling your toy for so you can make a reasonable profit.
  5. When Finished, you may work on any incomplete assignment like your Quia- 25 Question Quiz on Entrepreneurship Ideas/Marketing Research/ and Competition, Quia-Intellectual Property Quiz or Venture Part II grade.
Day16:
  1. Watch today's Video of the day
  2. Work on Lesson's 66-70 in Typingclub.com
  3. Open your business plan then analyze your data from the Survey Vote Page by explaining what each percentage means in complete sentences.
  4. When Finished, you may work on any incomplete assignment like your Quia- 25 Question Quiz on Entrepreneurship Ideas/Marketing Research/ and Competition, Quia-Intellectual Property Quiz or Venture Part II grade.
Day15:
  1. Take 25 Question Quiz on Entrepreneurship Ideas, Marketing Research and Competition
  2. Work on lesson's 61-65 in TypingClub.com
  3. Watch today's video of the day
  4. Visit - Survey Vote Page and take a minimum of 10 surveys for other students to get feedback.
  5. When finished, you may work on any incomplete assignments like your Quia - Intellectual Property Quiz grade or Venture Part II grade.
 
 
 
 
 
Day14:
  1. Work on lesson's 51-60 in TypingClub.com
  2. Watch today's video of the day
  3. Visit - Poll-maker.com and click on Quizzes then Survey to start entering your questions into Pollmaker.
  4. When finished send me the URL in the Google Form above

 

Day13:
  1. Work on lesson's 51-60 in TypingClub.com
  2. Take out paper and pencil to take notes
  3. Write down key words (written in burgundy) to study for exam
  4. Answer question posted on Slide 23 in PowerPoint but first visit this sample survey
    Note:  Here is what good research questions could answer for you. Top 20 Answers
  5. Watch today's video of the day
  6. Visit - Poll-maker.com and click on Quizzes then Survey to start your work
Day12:
  1. Re-read article I wrote on Intellectual Property - http://mrhames.org/articles/ethics.htm
  2. Take the online Quiz over intellectual property.
  3. Write down key 3-5 key facts on e-Class Discussion Thread you learned that will help you with your business concerning Intellectual Property.
  4. Watch today's video and answer
  5. Be sure MODULE II is finished. (answer key)
  6. Be sure you have finished lesson's 1-50 in TypingClub.com
 
Day11:
  1. Watch today's video on copyright.
  2. Read article I wrote on Intellectual Property - http://mrhames.org/articles/ethics.htm

Are you Creative?  How do you protect your creation?

MP3 Court Cases in the News..

Click on the link above then: Search for Copyright

 
 
 
What is the Shark Tank Challenge?

"This year at Crews students are learning what it means to be real entrepreneurs. In Mr. Hames' class they are studying entrepreneurship by actually making a real business and taking it to real sharks. These are not just any sharks. They are community minded business leaders who want to give back the same way they have been blessed by their community. Mr. Hames' takes 60+ eighth graders and after only a few short weeks has them running a real business in their spare time. Students might sell products like jewelry, or a services like lawn care. Their ideas must be creative, unique, and give back in some way to their community. Every student must have a detailed business plan and then pitch their idea to the entire class for advice. Students comment online about their peer's business pitch and act as venture capitalist themselves looking at the details of each business. Students then get a chance to meet actual business owners in Crews' own version of Shark Tank where business executives give their advice and recommendations to the students.  Their mentorship and feedback are priceless.  In the end, students realize there is nothing like making it real in Mr. Hames' class.
 
Day10:
  1. Taglines are mini-mission statements.  They help your target market understand your company better.  They identify the unique advantages you have in your market.  Visit the following page and be ready to respond to each of the 7 insights into creating a great tagline. http://www.namedevelopment.com/tagline-development.html - Also see a list of current company slogans/taglines
  2. Open your business plan document and add 3 taglines.  We will vote later on which is the best.
  3. Have you made changes to your business plan paragraph that I suggested?  Remember your reason for starting the business is a KEY component to why your business will be successful.
  4. Print out your business plan that you have thus far.
  5. Continue working on Venture (Section II is due Friday).
  6. Continue to work on Lessons 51-55 in TypingClub.com
 
Day9:
  1. Please welcome Dr. Jason Gordon an outstanding speaker, inventor, lawyer, and professor from Georgia Gwinnett College, School of Business an Assistant Professor of Legal Studies & Management and Coordinator for the Business School Internship Program.  See his website for more information: http://thebusinessprofessor.com/
  2. What are 2 things you can take away from what Dr. Gordon said today? Post your comments on e-Class.
  3. Vote for your favorite Logo. Logo Vote Page
Day8: (Logo Vote Page)
1.  Open PowerPoint and follow instructions on how to convert your PowerPoint slides into JPG or PNG images.
           Save-As and then select "Every Slide"
2.  Visit Poll-maker.com
3.  Create a poll and then press Share tab to find the URL.
4.  Copy the URL link and use the form below to paste the URL link in the form then submit it.
5.  Now watch the Video of the Day
6.  Continue to work on Lessons 41-50 in TypingClub.com
  1.  Firstname+last 4 Digits of student#@crews.org
2.  Password: broncos2016
3.  Set NEW password to your student number
 
Day7:
1.  Open PowerPoint and continue designing your company logo using 3 or 4 different slides
See this site for examples:  logo and branding
2.  Watch today's video of young entrepreneurs on EdPuzzle.com

2.  Continue working on Lesson's 41-50 on Typing Club
 
Day6:
1.  Welcome our Guest Mrs. Christi Bell with ArtemisCreative.com a Design and Branding expert.
10 Biggest Logo Changes
2.  Open PowerPoint and type on 3 separate slides, your selected company name in WordArt in 3 each slide with a different look including color and font style changes on each slide.
    (Consider changing direction.  Making one letter large, one letter color variation, position etc.)
   See this site for examples:  logo and branding
3.  Look for 3 different pictures you would place with your image.  Note: Use only clipart not GOOGLE images!
4.  Continue working on Lesson's 41-50 on Typing Club
 
Day5:
1.  Take out paper and pencil to take notes with
2.  Write down key words (written in burgundy) to study for exam
3.  Answer question posted on Slides 17-20 in PowerPoint
4.  Watch today's video
5.  Finish Lesson's 41-50 on Typing Club

 

Day4:
1.  Watch today's video
2.  Open and continue working on Section II of Venture
3.  Finish Lesson's 31-40 on Typing Club

Day3:
1.  Watch today's video
2.  If you have not finished yesterday's paragraph about "your story" then do that first.
2.  Open and finish working Section II of Venture
4.  Finish Lesson's 21-30 on Typing Club

Day2:
1.  Go to e-Class and vote on 20+ threads/posts that other people have submitted for their company names

2. Tell your story!  Open Microsoft Word, type your name and the word "Business Plan" in the Header.

In the body of the document, describe how you came up with your business idea. Let your passion come through!  Explain who or what inspired you.  This is where you tell your story as a 13-14- year old boy or girl with a dream or vision for the future. Talk a little about yourself and your achievements in a way that we know this is a calling for you and you feel compelled to start this business.  It is okay to sound confident and sure of your idea.  Remember, an entrepreneur is self confident, goal oriented and sets high standards for themself.  They also don't give up.  What makes you unique?  Tell me about your family and how you came to understand your own passion in life?

Remember, investors and mentors expect ENERGY and DEICATION from entrepreneurs so write with passion.

3.  Save and print.
4.  Finish Lesson's 11-20 on Typing Club

Day1:

1.  Think of 3 names that you could possibly use as your company name.
2.  Visit Poll-maker.com
3.  Create a poll and then press Share button.
4.  Copy and paste the URL into e-Class and other students will vote.
5.  Be sure you create an online account to save your poll.
    1. Introduce yourself and what you are seeking from the sharks:  Hello, my name is _______ and I am the owner and founder of _________ and I am seeking your advice concerning my business.  My business ______ (what problem does your business solve) _____ example: bakes cookies specializing in flavors hard to get in stores and are home made from a special recipe from my grandmother. (add a picture )
    2. Describe how you came up with the company (min. 50 words).  Example:  I came up with this business after thinking about what I really love to do and the special skills I have in this area.  I have always loved to ___ (bake)__ and I am really good at _____ (following instructions in a recipe)____.(add a picture )
    3. Explain who or what inspired you to start your business? My grandmother is my inspiration for this business because ... or It all started when I was young and found out I loved baking with my easy bake oven.  I loved cooking with my parents and still cook on most weekends.(add a picture )
    4. Describe yourself and your family and how they have helped shape who you are.  I live with my brother and two sisters.  My sisters are both away at college but they also loved to cook and really encouraged me to cook. To this day they come home and ask me to make my cookies.(add a picture )
    5. Describe your skills, accomplishments, and what you enjoy doing in and out of school?  My favorite subject is Language Arts.  I love writing and reading.  There are many days that I just wish I was at home reading a good book instead at school.  I play softball on a travel team and rarely have time to just come home and cook.  However it is times that I am at home that I love to cook.(add a picture )
    6. What need or problem will your business meet or solve?  I know there are people who just need to finish their day with a great sweet treat or want to give a special gift to a friend or peer.  I also know many don't have time to make that gift.  I love to cook and want to help that person.(add a picture )
    7. What is your mission statement?  Our company's mission is to make special people feel special with special treats.(add a picture )
    8. What is the cost of your product or service (one unit)?  What you are going to charge your customers.   What does a typical sale look like in the amount of time you spend and how you your deliver your product.  Is there any special packaging or shipping costs?  How much money do project you need to get your business started?  I have calculated it will cost me 72 cents to make one cupcake and I plan selling it for $2.00.  The 72 cents will include a very special packaging that I am making for the customer. I have ribbons and personalized cards that will be included with each cupcake.(add a picture )
    9. Who are your typical customers (target market)?  I know everyone will LOVE my cupcakes but I also realize my primary market will be young kids under 20 who will really appreciate the work I am doing to make my cupcakes.  I also know that I am not around a lot of adults. I think selling these for birthday parties are my best way of getting them to my customers.   (add a picture )
    10. Describe how you plan to market and sell your products and/or services.
      (How will you spread the word about what your business has to offer? Will you sell the product or provide the service out of your home? Will you take orders on a website?  What ways will you tell others about your product?  How will you utilize social media like instagram, Facebook, and Twitter?(add a picture )
    11. Explain what will make your business different or unique from your competition and why it is your company is likely to succeed.
      (Check your competition out and now describe what will make your business different than the others. What will set your business idea apart and makes it better? What do existing products/services not offer that yours will? Why will someone want to buy from your business and not a competitor? How will you encourage more and more people to buy what you sell?)  Note, be able to explain why your competition has been successful and what they have accomplished.  This gives your own company credibility.  Successful competition is an advantage because they are proof of your business model and or concept works with customers. Remember to explain WHY will people buy it?(add a picture )
    12. Giving back: How will your business help a community, charity, or another organization that is meaningful to you besides having a great product or service?
      How might your business have a positive effect on your community (besides your great business).  Will you help a charity or organization? Will you donate money to a good cause?  How do you plan on doing this good for your community?  What amount of money or percentage would you offer or do you just want to give your product or service away for free or will you do both give money and product/service away?(add a picture )

ighth grade business students in Mr. Hames' classroom - BizKids as we refer to you as - are going to be immersed in business training that will stretch your imagination and creativity as you enter the world of Entrepreneurship.  You will be asked to

Take the Quiz.

create an actual company from your talent, interests, and passion.  Your work must be innovative and passion driven.  First it might be a good idea to find out what are the characteristics of most successful entrepreneurs and see if you already possess these qualities by taking a short quiz.  You will work on developing a business plan and write out a pitch that will be delivered to our own Crews Shark Tank or as we call them "Angels" to get their advice about your business plan.  You will also learn about how the global economy works by building your own stock portfolio and managing a self made mutual fund.  Your role as a stock portfolio manager will demonstrate the amazing benefits of compound interest and the "Rule of 72" as it relates to investing.  Along the way you will also create your own business cards, flyers, and even your very own business website to aid your new company. 

10 Biggest Logo Changes

Creating Business Cards using Canva



Module 1

  • Be able to define what it means to be an entrepreneur
  • Be able to describe the responsibilities and risks unique to entrepreneurs
  • Be able to describe an asset, and provide an example
  • Be able to identify the purpose and components of a business plan
  • Be able to list the key characteristics of a successful entrepreneur
  • Be able to identify the advantages of entrepreneurship
  • Be able to tell the difference between a personal characteristic and skills
  • Be able to understand how entrepreneurs meet changing economic wants/needs

Module 2

  • Be able to explain how to use creative thinking to generate ideas
  • Be able to identify ways to recognize business opportunities
  • Be able to differentiate between business ideas and business opportunities
  • Recall the four parts of a SWOT Analysis
  • Be able to explain the importance of market research
  • Learn market research methods and identify the steps to researching a
    market
  • Be able to explain what a consumer profile consists of
  • Be able to explain the importance of identifying a target market segment
  • Be able to explain the importance of indirect competition
  • Define different types of expenses (fixed, variable, start-up)
  • Define a start-up expense
  • Explain how to define and calculate the economics of one unit of sale
  • Calculate how expenses affect projected yearly sales and income
  • Describe the value of knowing break-even units for a business
  • Recall the four steps to preparing a sales forecast

Module 3

  • Identify the components of a marketing plan
  • Be able to describe a value proposition
  • Learn the importance of a business pitch
  • Be able to explain the elements of a business pitch
  • Identify the importance of target market research



Characteristics of Successful Entrepreneurs:

  1. Successful entrepreneurs are ________.  They think of new ways to market their product or business and are always looking for new solutions to problems.  Was Cain creative and a ________   ________?  If so, how?

  2. Successful entrepreneurs have ________and ________.  They persist through the hard long days to meet their goals.  How did Cain show his determination and perseverance?  Is it important to be ________?
  3. Successful entrepreneurs pursue their ________.  They have a deep love of what they do and enjoy their chosen area.
  4. Successful entrepreneurs are ________They like to make their own ________.
  5. Successful entrepreneurs are ____-____.  They ________ ________at an early age and know what they want and go after it with a determined focus.
  6. Successful entrepreneurs have a need to ________ and to set ________ ________.  They don't settle for average or below average work.
  7. Successful entrepreneurs are able to ________ ________.  They are able to make quick decisions to meet the needs of their customers.

Answers:

  1. Successful entrepreneurs are creative.  They think of new ways to market their product or business and are always looking for new solutions to problems.  Was Cain creative and a problem solver?  If so, how?

  2. Successful entrepreneurs have determination and perseverance.  They persist through the hard long days to meet their goals.  How did Cain show his determination and perseverance?  Is it important to be optimistic?
  3. Successful entrepreneurs pursue their passion.  They have a deep love of what they do and enjoy their chosen area.
  4. Successful entrepreneurs are IndependentThey like to make their own decisions.
  5. Successful entrepreneurs are goal-oriented.  They set goals at an early age and know what they want and go after it with a determined focus.
  6. Successful entrepreneurs have a need to achieve and to set high standards.  They don't settle for average or below average work.
  7. Successful entrepreneurs are able to act quickly.  They are able to make quick decisions to meet the needs of their customers.

 

Quiz - What is an Entrepreneur 


What is an Entrepreneur?

It is a person who comes up with a _______ or _______ to take to consumers. They _______ and _______ the _______ of a business. They improve established products and services, or they _______ _______ _______ . They work to make a _______ .

It is a person we _______ or _______ . We _______ the person who ventures forth to try something _______ and that ends up benefiting a lot of people. An entrepreneur is one who asserts, “_______ _______ _______ _______ _______ , _______ _______ _______ _______ _______ .” Being an entrepreneur means charging down a new _______ , staying _______ to _______ and taking _______ to _______ the _______ . It also means having _______ , _______ , _______ and daring to try something _______ . An entrepreneur is anyone with both an _______ and the _______ to take the idea to the _______ . _______ and risk taking are two _______ _______ of entrepreneurship.

============
Answers
============
What is an Entrepreneur?

It is a person who comes up with a new idea or invention to take to consumers.

They manage and assume the risk of a business.

They improve established products and services, or they create new ones.

They work to make a profit.

It is a person we revere or respect.

We admire the person who ventures forth to try something new and that ends up benefiting a lot of people.

An entrepreneur is one who asserts, There is a better way, and I will find it.”

Being an entrepreneur means charging down a new path, staying alert to opportunities and taking risks to seize the opportunity.

It also means having energy, vision, optimism and daring to try something new.

An entrepreneur is anyone with both an idea and the willingness to take the idea to the marketplace.

Creativity
and risk taking are two essential elements of entrepreneurship.



Quiz - What is an Entrepreneur

Who Am I

 

  1. 1.      I started my business with 3 employees  created in 1976.  The Altair BASIC was a programming language which ran on the MITS Altair 8800. (one of the first computers). I made only $16,005 during the first year.  Who am I?  ______________ Microsoft

 

  1. We had an idea that there was a market for home improvement supplies, building materials, and lawn and garden supplies. Today we have 1400 stores and over $53 billion in sales.  Hint:  I am the new owner of the Falcons.  Who am I? ______________ Home Depot

 

  1. I started my business by cooking for hungry travelers at a service station.  I used my $105 social security check to start the business.  (Hint:  I make the best fried chicken anywhere!)  Who am I? ______________ KFC

 

  1. I bought the formula for this product for $2300 and within four years the product was being sold across the nation.  Today sales of this product exceed one billion per day.  Who am I? ______________ Coke

 

  1. I wanted to open a pizza restaurant that delivered to the customers door. I opened in 1984 and now have 3,000 restaurants operating in 49 states. Who am I?  Papa John's

 

  1. In 1946 I invested $10,600 of my savings and a loan and opened a tiny 24-hour restaurant.  Today I have a billion-dollar company with over 1000 restaurants in 35 states.  Forty percent of my business is in malls.  (Hint:  I invented the chicken sandwich)  Who am I? ______________ Chickfila

 

  1. I patented the process of putting rivets in pants for strength.  I created the only garment in the 19th century that is still worn today.  Who am I? ______________ Levi

 

  1. It all started with $100 I borrowed from a friend.  At the time (1907) Seattle’s growth was doubling but few homes had phones and cross-town communication often required a messenger.  Along with friends and his brother George, this company was run in a basement.  His company did well because of strict policies:  customer courtesy, reliability, round-the-clock service, and low rates.  These principles still guide this company today.  In more than 200 countries with nearly 150,000 vehicles, and some 600 planes what 30 billion dollar company am I?  _____ UPS
  2. This person had an unlikely start to a successful career in entertainment. He used his entire life savings to produce a plan in Atlanta in 1992. Over the next 6 years, he held a variety of jobs and even slept in his car but in 1998 he opened the a play that became a tremendous success with a character known as Madea. Who am I?
  3. I wanted to open a pizza restaurant that delivered to the customers door. I opened in 1984 and now have 3,000 restaurants operating in 49 states. Who am I?
  4. I started this business after dropping out of college and my buddy and I wanted to start this company. We had very little money or business knowledge but lots of drive. We now have the largest company in the world. Who am I?
Quiz - What is an Entrepreneur

Questions (put these in MS Word title the document: Entrepreneurs:
Read the next section:

  1. What is an entrepreneur?
  2. What does the author mean when he says an entrepreneur "takes the initiative?"
  3. What does the word innovators mean in the 2nd paragraph?
  4. Who was Fred Smith?
  5. Who were Larry Page and Sergey Brin?
  6. Who is Mark Zuckerberg?
  7. What is a replicative entrepreneur?
  8. Who is Julie Clark?
  9. What are the 4 categories for all the world's productive resources?
  10. What does "Land" represent to a business?
  11. What is Capital made up of?
  12. What is Labor?
  13. Why must we have entrepreneurship as a productive resource?
  14. With every good idea, what must an entrepreneur have?
  15. Who is Tyler Perry?
  16. Why do you think innovation is important to the market place?
  17. When an entrepreneurs sees opportunities they then do what?
  18. How would you define profit as stated on page 4?
  19. What are losses?
  20. What is creative destruction?
  21. Name one industry affected by creative destruction.
  22. Entrepreneurs are like what to an engine?
  23. Innovation allows our economy to do what?
  24. In the early days of our country, America was primarily what type of nation?
  25. By 2010, farm jobs employed only 2% while service jobs had grown to what percentage?
  26. What era in America was it referred to when machines began taking over more factory chores?
  27. What era in American was it referred to when computers and telecommunications took dominance in society?
  28. What does GDP stand for and explain it in simple terms?
  29. Compare and contrast Bill Gates with Steve Jobs.
  30. High taxes can discourage entrepreneurial activity but why?
  31. In a free enterprise system (USA), government protects the rights of business owners but why?
  32. Who was Linda Alvarado?
  33. What is a copyright?
  34. What is a Trademark?
  35. What is a Patent?
  36. Why does the protection of private property encourage entrepreneurs to create things?
  37. If ideas could be copied and then used by anybody (not the creator) then a new business might never what?
  38. Explain in simple terms sole proprietorship?
  39. Explain in simple terms partnership?
  40. Explain in simple terms corporation?
  41. What is Globalization?
  42. Who is Oprah Winfrey?
  43. Why will countries with entrepreneurship as a integral part of their core values have a comparative advantage in the 21st century economy?
  44. A healthy economy will encourage innovation with creative people taking risks dreaming up new ideas that will then start new businesses and therefore the economy will what?

 



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