Activity 3 – Entrepreneurship

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There is much debate right now about enterprise education in schools. It is clear we need to find time in the school day to teach children about how wealth is created and how good ideas can be turned into businesses. In particular, we need to teach them how to think in an entrepreneurial way.

The kind of skills that entrepreneurs need to create successful businesses — resourcefulness, creativity, flexibility, determination, focus — are the very skills that young people will increasingly need to survive in a fast-changing workplace, where jobs for life are a thing of the past.

As the serial entrepreneur Doug Richard says: “You don’t have to become an entrepreneur to find an entrepreneurship education valuable. If we don’t teach people the economics of society and how the world works, and that most of the value in society comes from entrepreneurial activity, then all we create is a group of uninformed citizens who are simply prey to be taken advantage of.”

Learning entrepreneurship gives young people the confidence to think for themselves. In the race to excite our children about enterprise and entrepreneurship we also need to think hard about what values we are teaching them, and why. We need to be aware of the dangers of promoting the idea that making money is to be prized above all else. Instead the focus should be on finding better ways of doing things and on thinking in new ways to solve real problems.
Most successful entrepreneurs don’t start businesses just to make stacks of money; they start businesses because they are passionate about creating something, because they have found a better way of doing something and because they want to take control of their lives. It is important not to lose sight of that.

Wales has provided the materials required to carry out an entrepreneur challenge. The pathway for this activity is based upon the ‘Enterprise Troopers’ initiative which has been successfully used in Welsh schools over the last couple of years. The intention is that pupils create a business supported by an outside company. They will obtain sponsorship and advice to turn a loan into profit. Technology can be used to manufacture and promote the business. Spreadsheets will be used to support numeracy. A list of activities has been provided along with teaching notes and structured pro formas. Schools participating have or will adapt the process to suit their pupils.

Each activity can be accessed from the links below or the menu above.

Steps

1. What should we do?
To generate ideas for an enterprise project.

2. Who shall we speak to?
To help develop research and planning skills.

3. Where shall we go?
To help develop research and planning skills.

4.  What did we find out?
To gather enterprise information by asking questions.

5. Can we plan?
To enable pupils to develop simple planning and presentation skills.

6. Who is best at?
To encourage pupils to develop decision making skills and gain an understanding of enterprise roles and responsibilities.

7. What shall we call ourselves?
To encourage innovation and ideas generation.

8. What do people want?
To help develop research and communication skills.

9. How do we advertise?
To encourage pupils to think creatively.

10. How do we make it?
To provide an opportunity for pupils to work with others to create a suitable product.

11. Can we sell it?
To provide an opportunity for pupils to work together to solve problems and develop innovative solutions.

12. We can do it!
To carry out and complete an enterprise task using a range of organisation skills.

13. How did we do?
To evaluate the success of the enterprise and the role played by those who worked for it.

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