Exploration should include
- characteristics of entrepreneurs
- risks and opportunities in the entrepreneurial field
- a business and marketing plan
- financial requirements and budgeting for business startups (e.g., crowdfunding, grants, loans, personal funds)
- business sites (e.g., commercial, home-based, online)
- elevator speeches.
Teacher Resources:
Process/Skill Questions:
Thinking
- What training do you need to run your own business?
- What are the risks and rewards of entrepreneurship?
Communication
- What community resources are available for small-business owners?
- How could you communicate your business vision to others?
Leadership
- What personal traits and characteristics do entrepreneurs need?
- Who are some successful entrepreneurs of this century?
Management
- How will you identify, obtain, and manage the financial resources needed for your business?
- How will you determine whether a need exists for your business idea?