Subject/Course: ENTREPRENEURSHIP Unit Name: ENTREPRENEURSHIP CHARACTERISTICS Idaho Entrepreneurship Standards and Learning Indicators Entr_1.1 Entr_1.2 Entr_1.3 Entr_1.4 Pacing: 1-2 week CCSS ELA CCSS Reference: Site specific standard from CCSS or TIA document; several standard references applicable to this unit should be clustered together. Essential Questions What are qualities possessed by successful entrepreneurs? What business opportunities are available to a person like you? What steps will you take to solve problems? Overarching Understanding(s) Identify unique characteristics of an entrepreneur and evaluate the degree to which one possesses those characteristics. Characterize the role of an entrepreneur in business. Analyze potential business opportunities in relation to personal preferences, financial worthiness, and perceived risk. Apply the steps in the problem-solving process to solve actual and potential business problems. Student-Friendly Learning Target Statements Knowledge, Reasoning, or Skill □ I know the definition of these terms: common sense, creativity, entrepreneur, interests, leadership, persistence, Targets qualities, self-confidence, self-reliance, skills, specialized knowledge, strengths “What I need to know.” □ I can describe the characteristics of a successful entrepreneur. “What I can do with what I □ I can explain the methods used to determine the financial value of an existing business. know.” □ I can describe opportunities that led to the development of successful entrepreneurial endeavors. “What I can demonstrate.” □ I can understand the significance of potential problems facing a planned business. □ I can describe an entrepreneurial opportunity in this area and explain the next steps in establishing a business orientation toward that opportunity □ I can describe the costs and benefits of becoming an entrepreneur. □ I can analysis the tradeoffs between the roles of a manager and an entrepreneur. □ I can generate alternative solutions to a given problem. □ Given a business dilemma for a consumer, I can identify the problem and analyze possible solutions. □ I can evaluate factors of perceived risk associated with a particular opportunity. □ I can apply the steps in the problem-solving process Performance Targets: □ I can create contingency plans for solving identified problems. “What I can make to show my □ I can write a contrast paper on the advantages and disadvantages of buying an existing business. learning.” Materials for Lesson Planning Materials/Resources AOF Lesson 2: Developing Personal Qualities for Business Success Vocabulary Common sense, creativity, entrepreneur, interests, leadership, persistence, qualities, self-confidence, self-reliance, skills, specialized knowledge, strengths Teacher Notes Allis, Ryan. “Entrepreneurial Quotes.” ZeroMillion.com, http://www.zeromillion.com/entrepreneurship/quotes.html Subject/Course: ENTREPRENEURSHIP Unit Name: ENTREPRENEURSHIP CHARACTERISTICS Pacing: 1-2 week (accessed February 19, 2013). “Chad Hurley.” Wikipedia, http://en.wikipedia.org/wiki/Chad_Hurley (accessed February 19, 2013). “Creativity.” Wikipedia, http://en.wikipedia.org/wiki/Creativity (accessed February 19, 2013). Kabir, Nowshade. “Seven Key Qualities of Successful Entrepreneurs.” EzineArticles.com, January 12, 2005, http://ezinearticles.com/?Seven-Key-Qualities-of-Successful-Entrepreneurs&id=8795 (accessed February 19, 2013). McKay, Dawn Rosenberg. “Striking Out on Your Own.” About.com, http://careerplanning.about.com/cs/consulting/a/entrepreneur.htm (accessed February 19, 2013). McLaughlin, Eliott C. “Small businesses take hits, find ways to prevail.” CNN.com, October 1, 2008, http://www.cnn.com/2008/US/10/01/small.businesses.economy/ (accessed February 19, 2013). “Steve Chen.” Wikipedia, http://en.wikipedia.org/wiki/Steve_Chen_(YouTube) (accessed February 19, 2013). “YouTube.” Wikipedia, http://en.wikipedia.org/wiki/YouTube (accessed February 19, 2013).