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Summer Send-Off Lesson: Adventures in Young Entrepreneurship - Part 2

Did you catch Part 1 of "Summer Send-Off Lesson: Adventures in Young Entrepreneurship"? Have you eagerly been awaiting Part 2, packed with the final book suggestion and lesson details? Read on!

entreprenuership2

The iconic picture of youngsters selling lemonade in front of their suburban homes or on busy city street corners represents entrepreneurship at its beginning. Still a viable first business, selling a food product without following local laws and regulations could be more trouble than it’s worth. An easier, if less lucrative, way for students to learn aboutmaking money and what actually constitutes profit is to read about how some interesting fictional characters have spent their summers doing just that.

The following book (and final recommendation) is for ages eight and up, is of interest to both boys and girls, and features a contemporary plot, characters and settings. Along with the books covered in Part 1, this is an excellent one to read aloud as it will lead to interesting discussions concerning earning and saving money, using productive resources, and the importance of ethical behavior.

 

 

Diary of a Wimpy Kid: Dog Days by Jeff Kinney

[Harry N.  Abrams, 2009]

Story Synopsis: The fourth book in this popular series finds young Greg Heffley planning a lazy summer of video games and television. These plans are dashed when he and his friend Rowley think the many fruit smoothies they are ordering while at the county club swimming pool are free when they are actually be billed to Rowley’s dad.  When the situation is discovered, Greg is informed that he must work for the money to pay off this debt.  The two clueless boys create the "V.I.P. Lawn Care Service”. Making every mistake possible. They only get one job all summer and make such a mess of it they end up losing money.

Discuss and Do:  Is it possible to learn by other people’s mistakes?  Does the Wimpy Kid have the work ethic it takes to be an entrepreneur?   Is the Lawn Boy a gifted entrepreneur or just lucky?  For that matter…what is an entrepreneur?

Students can discover much about entrepreneurship by investigating those who have been successful at it. Ask the students to write an acrostic poem featuring either the word entrepreneur or the full name of a famous entrepreneur.  Encourage students to use dictionaries to help them find appropriate descriptive words.

Note: a comprehensive, if dated, list of entrepreneurs can be found in the lesson “Inside the Vault-Entrepreneurship” provided by the Federal Reserve Bank of St. Louis: http://www.stlouisfed.org/education_resources/assets/lesson_plans/04ITV_Entrepreneurship.pdf

Example:

Hard Worker

Engineer

Noteworthy

Relentless

Yacht Owner

 

Factory Owner

Organizer

Rich

Designer

 

Conclusion: Young students can learn from the successes and failures of others; even if they are fictional characters.

Do you have more book suggestions to help young kids learn about entrepreneurship? Did your children/students raise any valuable points while reading these recommendations? Let us know, below! 

 

27
Jun
Posted by Lynne Farrell Stover in Teacher, General ← Previous Post Next Post →

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