Lesson One INTRODUCTION TO ENTREPRENEURSHIP Module 1: Introduction to Entrepreneurship Core.
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Lesson OneLesson One
INTRODUCTION TO ENTREPRENEURSHIP
Module 1: Introduction to EntrepreneurshipCore
LESSON ONE OUTCOME
You will be able to explain how the spirit of entrepreneurship ….
•…IMPACTS YOUR PERSONAL LIFE.
•…IMPACTS YOUR SCHOOL LIFE.
•…IMPACTS YOUR COMMUNITY LIFE.
Lesson One Outline
Day One Introduction & Junior Achievement1. Entrepreneurship Defined
Day Two 2. Impact of EntrepreneurshipSix benefits
Day Three Word Period
Day Four Work Period
Day Five 3. Career in Business
• Entrepreneurship is derived from the French word ‘entreprendre’ which means to undertake, to pursue opportunities, or to fulfill needs and wants through innovation or the establishment of business. The Latin word is “prendre” which means to take.• The process of creating a venture
1. ENTREPRENEURSHIP and INTRAPRENEURSHIP DEFINED
ENTREPRENEURSHIP
Intrapreneurship
• Is entrepreneurship that occurs within an existing organization or corporation
• Intrapreneurs are employees who are willing to take risks, innovate, provide leadership, and open opportunities to others
• Organizations encourage Intrapreneurship to become more competitive, improve their productivity, or keep pace with changing markets, technology, and new opportunities.
• Entrepreneurs are willing to assume calculated risks as they look for ways to satisfy the needs and wants of others through innovation.
• NEEDS – ARE ESSENTIAL
• WANTS – HUMAN DESIRES
• Examples
Examples of Innovations & Inventions…
• Innovation: “binders, hockey bags”
• Invention: “The Slinky”, garbage bag, paint roller,…..
• Entrepreneurship
• Intrapreneurship
• Needs
• Wants
• Innovation
• Invention
• opportunity
Employee Benefits
Consumer Benefits
Economic Benefits
Political Benefits
Social Benefits
Community Benefits
2. IMPACT OF ENTREPRENEURSHIP..record and brainstorm….benefits under each of the following headings:
ITEM CHECKMARK ONLY COMMENTS MARK
FILE IS IN THE FOLDER
SUMMARY OF WHAT IS ENTREPRENEURHSHIP?
DEFINED IN THE STUDENT’S OWN WORDS
4
IDENTIFY 6 IMPACTS.
PLACE A CHECKMARK IF THEY HAVE 6 and provide an explanation
12
Supporting Evidence #1 For 1 of the 6 BENEFITS
Inserted 2Summary 4Opinion 4
10
Supporting Evidence #2 For 1 of the 6BENEFITS
Inserted 2Summary 4Opinion 4
10
Conclusion Insightful 4
PHOTOS (3) 3
PROFESSIONAL 7
TOTAL 50 MARKS
ASSIGNMENT #1, LESSON 1IMPACT OF ENTREPRENEURSHIP -- PRESENTATION:NAME: _________________________ 5% of course mark
• Two videos #1 and #2
entrepreneurship
3. Education… A career in business.
Where can you work--1. Work for a business•Type--Retail, service, manufacturing, or resource•Franchise or non franchise•Ownership --Properitorship, partnership, corporation, cooperative•Position--Clerk to a manager…to a vice-president..and anything in between.
--2. Run your own business
--3. Teach business courses
Video… Video
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