Basics
- Project TitleEntrepreneurship - Do You Have What It Takes?
- Employer SiteEastern Bank
- Submitted By (Teacher Name)Jennifer Corey-Figlioli
- SchoolPlymouth North High School
- Brief Description and RationaleStudents will explore the characteristics of successful entrepreneurs and set professional goals for themselves based on their own attributes.
EQ: What are the characteristics of an entrepreneur? - Grade Level12
- Materials / ResourcesStudent computers with internet access
HDMI connector, projector, speakers
Google Classroom, Google Slides
Canva
Poster boards, assorted paper
Pens, pencils, markers, colored pencils, rulers
Printer
EverFi Teacher Account
EverFi Student Accounts - Duration of lessonSix 78-minute class periods
- Key Vocabulary/Word WallEntrepreneur
Entrepreneurship
Value proposition
Fixed expenses
Variable Expenses
Attribute
Aptitude
Self-Assessment
Capital
Risk
Opportunities
Ideas
Problem-Solving Model
Communication
Brainstorming - Pre-Requisite KnowledgeBasic knowledge of financial literacy and economics.
Basic knowledge of Windows and Google applications. - Any modifications or extensions for particular student populations?Reduce writing assignments at the end of each Venture lesson
Provide an example of a vision board to be used as a reference for characteristics
Allow students to write their responses instead of typing them
Provide students with headphones to hear the simulation
Provide extra time
-
- Instructional ObjectivesSWBAT: assess and articulate their own strengths, weaknesses, and interests as well as set two goals for themselves.
SWBAT: define and distinguish between variable and fixed expenses.
SWBAT: link personal characteristics with a potential future in entrepreneurship.
SWBAT: justify making business decisions.
Lesson Outline | Show of hands - Who has watched Shark Tank?
Show of hands - Who has heard of Shark Tank?
Play the commercial for the 10th season of Shark Tank.
What do you think the sharks are looking for in the entrepreneurs that pitch their ideas on Shark Tank?
- Anticipatory set or lesson opening (to activate students` prior learning or draw student interest or involvement)Show of hands - Who has watched Shark Tank?
Show of hands - Who has heard of Shark Tank?
Play the commercial for the 10th season of Shark Tank.
What do you think the sharks are looking for in the entrepreneurs that pitch their ideas on Shark Tank? -
Web Link: Season 10 Return - Shark Tank - YouTube
- Direct InstructionThe timing of instruction varies by the size of the class and feedback.
EQ: What are the characteristics of an entrepreneur?
1st Class: The teacher will introduce and display Venture on the SmartBoard and then provide a brief overview of EverFi Venture‘s Lesson concepts and terms. The class will make lists of fixed and variable expenses for a pizza parlor.
2nd Class: The teacher will present slides 1-8 and discuss the factors determining success as an entrepreneur.
3rd Class: The teacher will present slides 9-12 and discuss the characteristics of successful entrepreneurs.
4th Class: The teacher will explain how to set up the room for the gallery walk and explain how it will work.
5th Class: The class will discuss the answers to Exit Tickets from class 4. The teacher will present slides 13-16 and discuss the advantages and disadvantages of entrepreneurship.
6th Class: The teacher will present slides 17-27 and discuss the importance of using the problem-solving method. -
View/Download File: Entrepreneurship - EverFi Lesson
- Guided Practice1st Class: The teacher will assist with registering students for Venture on everfi.net to begin the first lesson.
2nd Class: The class will complete a Think-Pair-Share during slide 4.
3rd Class: The students will complete the self-assessment on slide 10.
4th Class: The students will view the vision boards in the gallery walk. - Independent Practice/Differentiated Activities1st Class: The students will complete Lesson 1 of Venture (approximately 45 minutes).
2nd Class: The students will complete Lesson 2 of Venture (approximately 45 minutes).
3rd Class: The students will create the vision board on slide 12.
4th Class: After the gallery walk, each student will present and explain their vision boards to the class.
5th Class: The students will complete Lesson 3 of Venture (approximately 45 minutes).
6th Class: The students will complete Lesson 4 of Venture (approximately 45 minutes). -
View/Download File: Vision Board Assignment
- Lesson Closure1st Class: Today we learned all about budgeting, taxes, and expenses. You were able to apply what you learned in the simulation. Next class, we will learn all about entrepreneurship.
2nd Class: We learned all about what entrepreneurship is and brainstormed some ideas of what is needed to be successful. Next class, you will learn about the characteristics of entrepreneurs.
Exit Ticket - (Answer on Google Classroom) Are you interested in becoming an entrepreneur? Defend your answer.
3rd Class: You did a great job with the self-assessments. I can see your vision boards are coming to life! Completing the vision board is homework due at the start of the next class.
4th Class: I enjoyed hearing all about your vision boards and the goals you have set for yourselves. Hopefully, you learned something new about each other and can use that to support each other on your journeys.
Exit Ticket - (Answer EQ on Google Classroom) What are the characteristics of an entrepreneur?
5th Class: Excellent job differentiating between ideas and opportunities. You only have one last session in the simulation for your food truck business.
6th Class: Wow! That was a lot of work over the past 6 classes! Now it‘s time to reflect on what we have learned about entrepreneurship. What have you learned about yourself? Do you think you have what it takes? - Summative/end of lesson assessmentStudents must write a 1-page reflection on their experience of operating a food truck in the EverFi simulation and what they have learned about themselves in the process. Students must include at least 5 of the 15 vocabulary words of this lesson in the reflection to show their understanding of the material.
- References / Resources / Teacher PreparationABC. (2019, October 15). Season 10 Return - Shark Tank [Video file]. Retrieved from https://www.youtube.com/watch?v=04sI1aK6Uso
EverFi - Venture Entrepreneurial Expedition
Greene, Cynthia L. Entrepreneurship Ideas in Action 4e. Mason: South-Western Cengage Learning, 2008.
Recommended Strategies / Instructional Techniques
- Graphic organizers or handoutsStudents can complete a Venn Diagram to compare and contrast attributes and aptitude.
- Writing StrategiesStudents can use the Problem Solving Method to write a solution to a problem faced when completing the EverFi Venture Simulation.
- Speaking and Listening StrategiesStudents can complete a Think-Pair-Share answering the EQ: What are the characteristics of an entrepreneur?
- Family: Any opportunities to involve parent/guardians and other family members in this project?Students can watch an episode of Shark Tank with their family and discuss what they each think the entrepreneurs did well.
Students can show their vision boards to their families and explain the goals they have set for themselves. Families can help students put an action plan together to reach their goals.
Tags = entrepreneurship | marketing | Subject = CVTE | Grade Level = HS | Time Period = School Year | Program/Funding = | Externships-2019 |
Direct website link to this project: http://ContextualLearningPortal.org/contextual.asp?projectnumber=706.6439
