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Make it your Business
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Make It Your Business: The Teen Entrepreneur
Prezi By: Mr. Wilson
created using "The Teen Entrepreneur" by B.E Publishing and Lisa Mulka
What Business do i start?
All aspiring entrepreneurs, whether they are young or old, have one important question to answer: What do I choose to start?
Researching
Your
Teen based
Business
What do I need to think about before making my business?
What do I need to think about before making my business?
Entrepreneurs begin by thinking about their own :
1.) Interests
2.) Abilities
3.) Availability to run the business.
Let's look at each of these topics individually...
Interests
When considering your interests, ask yourself these questions:
1.) What do I like to do?
2.) What are the talents that I possess and enjoy?
3.) Do I like working with people or by myself?
Abilities
When considering your abilities, ask yourself what you are good at.
EXAMPLE: If you like taking pictures, you might consider starting a photography business.
EXAMPLE: If you enjoy working with computers, perhaps a computer service business would be a good fit for you.
The important thing is to choose a business that builds upon a skill or talent that you already possess!
Availibility
Since you are still attending school, you will have to consider when you will be available to operate your business.
It doesn't make sense to start a buisness that you cant invest the necessary time it will take to make it successful...
Let's read a story together about a girl named Katie and her "adventure to becoming an Entrepreneur.
Katie has always been around technology. Even at age five, s...
Katie has always been around technology. Even at age five, she used to watch her dad design computer programs fro his job. Wheen she got her own laptop in middle school, she was facinated by how the computer opened up a whole other world. It wasn't until Katie reached high school that she realized her technology skills could lead to a really interesting career.
Katie's first taste of entrepreneurial success came about by accident. Her heighbor owned a small gift shop and wanted to start selling his products online. Katie had recently taken a class on website design. She offered to take a look at her neighbor's site to see if she could help. Katie was able to update her neighbor's website so that he could sell products online and reach new customers using social media.
Though Katie really liked helping her neighbor, she already had a part time job working as an assistant at her uncle's graphic design company. She usually spent her time assisting others and making copies, but occasionallly she would write the company's Facebook posts and blog. One day while she was updating the company's blog, she began to wonder if she coiuld start her own business using her technology skills. With her experiences helping her neighbor and her social media work at her uncle's company, Katie thought she could make a go of a technology based business of her own.
Let's try a short assignment that could potentially point us in the direction of an Entrepreneurship...
PW-1
Instructions: Write a descriptive paragraph about some thoughts you may have involving your: Interests, Abilities, and Availability.
Interests:
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Abilities:
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Availability:
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Qualities I possess
PW-2
Instructions: Once you have identified your interests and abilities, it is time to summarize some of your personal qualities that would be beneficial to your potential business. Create a detailed list of your skills and assets in the space provided. You should be able to come up with at least 7.
Examples:
1.) Excellent work ethic. I am a hard worker and very self motivated.
2.) Strong sense of responsibility. I am very responsible and self disciplined.
3.) Self confidence. I am very confident in my business abilities.
1.)______________________________________________________
2.)______________________________________________________
3.)______________________________________________________
4.)______________________________________________________
5.)______________________________________________________
6.)______________________________________________________
7.)______________________________________________________
8.)______________________________________________________
9.)______________________________________________________
10)______________________________________________________
Come up with three potential business options that you may have in mind and list those below.
1.)_______________________________________________________
2.)_______________________________________________________
3.)_______________________________________________________
Pros and cons of being an entrepreneur
Working for someone else has its advantages, like the security of a steady paycheck and a stable work schedule. It also has disadvantages, like fixed rate of pay and a work schedule that often conflicts with other obligations and weekend activities that may arise.
Most entrepreneuers prefer the personal satisfaction, independence, freedom, and creative challenges that derives from operating their own business. Despite uncertain income, the possible loss of any money they orginally invest in the business, and the long hours required of owning and operating a business, they believe it is worth the risk.
First Things First!
Sales
Model
Let's put some ideas down on paper by completing the First things First worksheet. This is a rough draft, but an excellent
1
Step 1
Hire a developer
2
Step 2
Make a product
3
Step 3
Sell the product
The Nuts and Bolts
How it
Works
Why is your plan special?
Key
Partners
Who Will Help You?
You can't succeed alone...
Worldwide Success
How do you plan to find new markets?
Market
Share
Connecting
with Clients and Partners
Contact
Info
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