Sports Economics: Worshipping at the Altars of Adi, Phil and Kevin
What is it that makes someone an entrepreneur? What major characteristics do entrepreneurs exhibits? How do you know if a person is an entrepreneur or not? These are all extremely important questions about the concept of entrepreneurship, and they do not come with easy answers.
What is it that makes someone an entrepreneur? [Economic definition is one who innovates and takes risks in developing a product or business.] What major characteristics do entrepreneurs exhibits? How do you know if a person is an entrepreneur or not? These are all extremely important questions about the concept of entrepreneurship, and they do not come with easy answers.
Click on the websites below to check-out the resources
[NOTE: When accessing this site, advertisements and on-line gaming sites may have windows that appear automatically without the user's ability to stop them.]
The teacher will introduce the concept of entrepreneurship and provide a simple definition. The definition should state that an entrepreneur is one who owns his or her business. The teacher might want to use several economic terms to describe an entrepreneur. The teacher will then pose an open-ended statement: An owner of a business is… The students should be given a minute or two to brainstorm over the statement and create a list of all the things they feel would complete the statement. Students could also read Richard Branson's Six Tips for Every Young Entrepreneur to help them answer the question. The answers should then be placed on the board and a master list developed. The students should write down the master list and have it with them for Activity Two.
[Note: When accessing this site, advertisements and on-line gaming sites may have windows that appear automatically without the user's ability to stop them.]
After the students have read the web-site information the students should answer the following questions.
At the end of this activity, have the students create a definition of the term entrepreneur. Instruct the students that the definition they create may include ideas from the class-generated list as well as material from the questions above. They must also include, along with the definition, an example of someone from their community who fits their definition.
Discuss the students' definitions; in the discussion, clarify the characteristics stated in the definitions. After a short discussion, have the students go to the following web site: Meet Dave . When they reach the page they should click on the first date on the timeline. The students should then follow the timeline and answer the questions that follow.
Take a quiz on Dave Thomas and his restaurant business here.
The students are asked to interview the entrepreneur that they identified in question number three of the conclusion. They should prepare a list of questions to ask the entrepreneur. The teacher must approve this list. Once approval has been given to the questions, the students should arrange a time to interview the person and then conduct the interview. Upon completion the student should write a short essay on the entrepreneur. The essay should include the characteristics the entrepreneur has shown, the reason they went into the line of work that they are currently doing as well as any other information that is relevant to the topic.