How Do I Become An Entrepreneur?

Economics of Entrepreneurship Series Module 8 | taught by FEE Courses

Course Description

Module 8: How Do I Become An Entrepreneur?

Entrepreneurs make money by creating value and serving the needs of others. Successful entrepreneurs are both wealth creators and problem solvers. In this module, students will engage in hands-on activities to practice entrepreneurship as an activity (starting a business) and entrepreneurship as a way of thinking (innovation, drive, creativity).

One of the best ways for students to learn is through practical experience. Starting a business teaches students important life skills. Anyone can start a business. You don’t have to be creative. You don’t have to have the next big idea. You don’t have to have a lot of money. You don’t have to take on a lot of risk.

In this module, you will learn more about getting started as an entrepreneur. They will learn to create a plan, set goals, and work toward achieving those goals.

About the Economics of Entrepreneurship Series

Parents and teachers, download the guide for facilitating the course:

Facilitator Guide:
Complete Course Bundle:

An entrepreneur is someone who discovers and provides for an unmet need by producing value for others in the community and for themselves. They are both problem solvers and wealth creators. Creating and maintaining a culture that embraces entrepreneurship is critical to the long-term prosperity of our economy and our society. This course is designed to help students discover the value of entrepreneurship and the importance of strong character in a free and civil society.

We believe that students can increase their chances of success with practical education about entrepreneurship, markets, and the economic way of thinking. These ready-to-go lessons introduce students to entrepreneurship and the economic way of thinking through a series of carefully selected articles, videos, discussion guides, student handouts, and activities. Each lesson should take about 45 minutes to complete.

This course contains a series of eight modules organized around the essential concepts of the economics of entrepreneurship. The modules included in this course are:

  1. What is Entrepreneurship?
  2. What is the Entrepreneur’s Role in Creating Value?
  3. How Can Entrepreneurs Use Economics to Make Better Decisions?
  4. How Does Trade Create Wealth?
  5. What Do Profit and Loss Tell Us?
  6. What Institutional Factors Encourage Entrepreneurship?
  7. What are the Links between Entrepreneurship, Personal Character, and Civil Society?
  8. How Do I Become an Entrepreneur?

Within each module are five stand-alone lessons including readings, videos, discussion guides, comprehension questions, and activities. These 40 lessons can each be used independently, or they can be followed as part of the larger guided learning path set forth by this course. It is recommended to follow the modules and lessons in the sequence presented. The program can be taught in 30 hours, or it can be expanded to as many as 40 hours for students who elect to conduct optional self-study using the materials found in the “Bonus Materials” section provided in each lesson.

Is this course right for me?

This course is great for:

  • Students interested in starting a business or learning more about the economic way of thinking
  • Teachers seeking to complement learning objectives taught in introductory-level economics, business, history, and civics classes
  • Leaders of youth organizations looking for lessons and activities around entrepreneurship, economics, personal character, and civil society
  • Parents wanting their students to get the most out of life through making better choices and better understanding the tradeoffs involved with those choices

Related Standards:

Standard 14: Entrepreneurship

Entrepreneurs take on the calculated risk of starting new businesses, either by embarking on new ventures similar to existing ones or by introducing new innovations. Entrepreneurial innovation is an important source of economic growth

FEE Courses
FEE Courses

Course Curriculum

Module Eight: How Do I Become An Entrepreneur?
Pre-Course Survey
Overview
Concepts and Terms
Objectives
Show Content
Lesson One: Getting Started
04:50
Introduction
People over Politics​
Watch Video
Think and Reflect
Go Be an Entrepreneur by Kauffman Sketchbook
Watch Video
Think and Reflect
Activity: Generating Business Ideas
Lesson Quiz
Knowledge Recap
Bonus Material
Show Content
Lesson Two: Developing Your Business Model
02:20
Introduction
Activity: Business Model Basics
Business Model Canvas Explained by Strategyzer
Watch Video
Think and Reflect
Activity: Young Entrepreneur's Business Model Canvas
Lesson Quiz
Knowledge Recap
Bonus Material
Show Content
Lesson Three: Advice for Young Entrepreneurs
10:19
Introduction
Advice for Young Entrepreneurs by PHP Agency
Watch Video
Think and Reflect
What Leads to Success by TED
Watch Video
Think and Reflect
7 Tips to Guide Young Entrepreneurs by John Pilmer
Read Article
Think and Reflect
Visionaries by Kauffman Sketchbook
Watch Video
Think and Reflect
Lesson Quiz
Knowledge Recap
Bonus Material
Show Content
Lesson Four: Learning From Failure
21:58
Introduction
Steve Jobs on Failure by SCVHA
Watch Video
Read Article
Have You Ever Failed?
Failure is Part of Success by TEDx
Watch Video
Think and Reflect
Why Failing Well is the Key to Success by ReasonTV
Watch Video
Think and Reflect
Lesson Quiz
Knowledge Recap
Bonus Material
Show Content
Lesson Five: Tools for Building Your Business
Introduction
Listen to Podcast
Activity: Presenting Your Business Model Canvas
Activity: Business Tools and Resources
Congratulations!
Please Provide Feedback for Module 8
Module 8 Quiz
Module 8 Badge
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Course Summary: Economics of Entrepreneurship
Summary of Modules
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