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Entrepreneurship for Kids: How to Start a Business

In this 5 part course students will be introduced to the exciting world of entrepreneurship. Together we'll brainstorm business ideas, create a business plan, discuss marketing strategies, and learn the basics of business finance.
Teacher Mel
Average rating:
4.9
Number of reviews:
(568)
Popular
Class

What's included

5 live meetings
3 hrs 20 mins in-class hours
Homework
1 hour per week. Students have the option of taking what they learn in class and further developing their own ideas in order to start their own small businesses. Some brainstorming at home may be necessary between each class.

Class Experience

Welcome to Entrepreneurship for Kids: How to Start a Business. Join a group of like minded friends while we create individual business plans and learn the basics of entrepreneurship. 

This five part class will be an interactive and fun experience for anyone interested in someday owning and operating their own business. If you've got big ideas - this class is for you. 

• Week 1: During week one we will focus on why small business and entrepreneurship are important. We will also discuss what makes a business successful. We will define key terms and begin the brainstorming process for our own business ideas. Students will be encouraged to be creative and focus on business ideas that are fun and utilize their own skill sets. 

• Week 2: During week two we will complete a basic SWOT analysis (strengths, weaknesses, opportunities and threats.) We will talk about internal and external factors that could potentially impact our ideas. Let's find out if our ideas will be successful. 

• Week 3: In class three we will begin preparing our business plans by defining our mission and vision statements. We will also define and discuss our customers and how we will meet their needs. Students will be encouraged to discuss what will make their businesses unique.

• Week 4: In class four we will discuss marketing our business and bringing it to fruition. Learn how to use social media, print ads, and even word of mouth to increase your revenue!

• Week 5: In class five we will make budgets and income trackers so students are able to operate their business while being fiscally responsible. Together we'll learn how to calculate break even points and find out how long it will take to reach our financial goals.  

The class will include lots of discussion amongst students as we compare and contrast our ideas. This course is meant to introduce the basic concepts of creating a business plan to children. No prior knowledge or experience is necessary. Each step will be defined using easy to understand language. At the end of the course students will have the tools necessary to create and implement their own business plans.
Learning Goals
Students will learn:
• What is entrepreneurship and why is it important?
• How to complete and utilize a SWOT analysis.
• What is a mission statement, vision statement, and business description?
• What is branding? 
• How to identify your ideal customer and advertise to them?
• How to keep track of and record business income and expenses?
• How to calculate break even point and target profit points?

Students will gain experience:
• Brainstorming and discussing business ideas
• Setting SMART goals
• Using critical thinking skills
learning goal

Other Details

External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined June, 2020
4.9
568reviews
Popular
Profile
Teacher expertise and credentials
Bachelor's Degree from University of New Brunswick
Hello! Welcome to my classroom, where learning is always an adventure. Here you'll find lots of science, math, and business courses. 

I have over 8 years of teaching experience. I have degrees in both business and law, as well as a huge passion for all things science and math. I am also ESL trained and love learning with students from around the globe. 

My classroom is always a welcoming environment. Here, students will feel encouraged, supported, and challenged! More than anything, I want each one of my students to feel respected and believed in. 

Come learn with me! 

Remember: be kind, have fun, and make mistakes! I hope you're ready for the best adventure ever!

I can't wait to meet you!
Teacher Mel

Reviews

Live Group Class
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$45

for 5 classes
1x per week, 5 weeks
40 min

Completed by 42 learners
Live video meetings
Ages: 8-12
3-8 learners per class

This class is no longer offered
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