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Entrepreneurship: Teacher Notes - English Introduction There is much debate right now about enterprise education in schools. It is clear we need to find time in the school day to teach children about how wealth is created and how good ideas can be turned into businesses. In particular, we need to teach them how to think in an entrepreneurial way. The kind of skills that entrepreneurs need to create successful businesses — resourcefulness, creativity, flexibility, determination, focus — are the very skills that young people will increasingly need to survive in a fast- changing workplace, where jobs for life are a thing of the past. As the serial entrepreneur Doug Richard says, “You don’t have to become an entrepreneur to find an entrepreneurship education valuable. If we don’t teach people the economics of society and how the world works, and that most of the value in society comes from entrepreneurial activity, then all we create is a group of uninformed citizens who are simply prey to be taken advantage of.” Learning entrepreneurship gives young people the confidence to think for themselves. In the race to excite our children about enterprise and entrepreneurship we also need to think hard about what values we are teaching them, and why. We need to be aware of the dangers of promoting the idea that making money is to be prized above all else. Instead the focus should be on finding better ways of doing things and on thinking in new ways to solve real problems. Most successful entrepreneurs don’t start businesses just to make stacks of money; they start businesses because they are passionate about creating something, because they have found a better way of doing something and because they want to take control of their lives. It is important not to lose sight of that. Wales has provided the materials required to carry out an entrepreneur challenge. The pathway for this activity is based upon the ‘Enterprise Troopers’ initiative which has been successfully used in Welsh schools over the last couple of years. The intention is that pupils create a business supported by an outside company. They will obtain sponsorship and advice to turn a loan into profit. Technology can be used to manufacture and promote the business. Spreadsheets will be Activating Innovative Learners: Activity 3 - Entrepreneurship

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Entrepreneurship: Teacher Notes - English

Introduction

There is much debate right now about enterprise education in schools. It is clear we need to find time in the school day to teach children about how wealth is created and how good ideas can be turned into businesses. In particular, we need to teach them how to think in an entrepreneurial way.The kind of skills that entrepreneurs need to create successful businesses — resourcefulness, creativity, flexibility, determination, focus — are the very skills that young people will increasingly need to survive in a fast-changing workplace, where jobs for life are a thing of the past.As the serial entrepreneur Doug Richard says, “You don’t have to become an entrepreneur to find an entrepreneurship education valuable. If we don’t teach people the economics of society and how the world works, and that most of the value in society comes from entrepreneurial activity, then all we create is a group of uninformed citizens who are simply prey to be taken advantage of.”Learning entrepreneurship gives young people the confidence to think for themselves. In the race to excite our children about enterprise and entrepreneurship we also need to think hard about what values we are teaching them, and why. We need to be aware of the dangers of promoting the idea that making money is to be prized above all else. Instead the focus should be on finding better ways of doing things and on thinking in new ways to solve real problems.Most successful entrepreneurs don’t start businesses just to make stacks of money; they start businesses because they are passionate about creating something, because they have found a better way of doing something and because they want to take control of their lives. It is important not to lose sight of that.Wales has provided the materials required to carry out an entrepreneur challenge. The pathway for this activity is based upon the ‘Enterprise Troopers’ initiative which has been successfully used in Welsh schools over the last couple of years. The intention is that pupils create a business supported by an outside company. They will obtain sponsorship and advice to turn a loan into profit. Technology can be used to manufacture and promote the business. Spreadsheets will be used to support numeracy. A list of activities has been provided along with teaching notes and structured pro formas. Schools participating have or will adapt the process to suit their pupils.

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

Activity 1: What should we do?Key Stage 2Learning ObjectiveTo generate ideas for an enterprise project.

Entrepreneurship CharacteristicsCreativity• Lateral thinking – ideas generation• Spotting and creating opportunities• Innovation

Organisation• Decision making

Learning activitiesIntroduce the class to the Enterprise Troopers and the national enterprise competition.Present the pupils with the Enterprise Trooper’s challenge i.e. to think of an enterprise project for the national competition.

Ask pupils to think about questions such as:• “What are we good at?”• “How could we use our skills?”• “What events are coming up in school?”• “What product/service could meet a need in school or the community?”• “Who could help us?”

Working in groups, ask pupils to think of and prioritise ideas for a class product or service.

Groups explain their choices with reasons to the class. Opportunity for peer evaluation.

Ask the class to vote to make a collective decision on the best enterprise idea.

Learning outcomePupils will generate imaginative ideas and begin to identify needs by asking questions or thinking of ideas as a group.

Resources needed• ICT• Interactive whiteboard

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking• Collaboration and discussion.

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

2.PSE• Understand that money is earned through work and can buy goods and services.

3.Design and technology• Use a range of information sources to generate ideas for products.

Activity 2: Who shall we speak to?

Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To help develop research and planning skills.

Entrepreneurship CharacteristicsRelationships• Presentation• Communication

Organisation• Planning• Research – understanding the environment

Learning activitiesDiscuss the enterprise ideas generated in Activity 1.Pose the question “Who could we ask to find out more about our enterprise idea?”.Discuss inviting a representative from a local enterprise/business to visit the school.In groups, using local directories, websites, newspapers, map of local area etc. pupils research local enterprises relevant to their project idea within their locality.Groups present their findings to the class and a class decision is made about which local enterprise/business to invite.Pupils write invitation letters and/or make a telephone call to the chosen enterprise to arrange a visitor.Pupils use their research findings to prepare questions to ask the visitor.

Learning outcomePupils will begin to develop simple research and planning skills.

Resources needed• Map of local area• Local directories• Newspapers• Websites

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information• Writing accurately.Reading across the curriculum• Locating, selecting and using information• Responding to what has been read.

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

2.PSE• Understand the range of jobs carried out by people in their community.

3.Geography• To study their local area.

4.Curriculum Cymreig

Activity 3: Where shall we go?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To help develop research and planning skills.

Entrepreneurship CharacteristicsRelationships• Communication

Organisation• Planning• Research – understanding the environment

Learning activitiesDiscuss the ideas generated in Activity 1.Pose the question “Where could we go to find out more about our chosen idea?”Discuss a group visit to a local enterprise. The visit could relate to a business providing a similar product/service or a charity or organisation that the enterprise will raise money for.In groups, using local directories, websites, newspapers, map of local area etc. pupils research local enterprises relevant to their project area within their locality.Groups present their findings to the class and a class decision is made.As a literacy activity, pupils write letters and/or make a telephone call to the chosen enterprise to arrange a visit.Pupils prepare questions to ask on the visit.

Learning outcomePupils will begin to develop simple research and planning skills.

Resources needed• Map of local area• Local directories• Newspapers• ICT

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information• Writing accurately.Reading across the curriculum• Locating, selecting and using information• Responding to what has been read.

2.PSE• Understand the range of jobs carried out by people in their community.

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

3.Geography• To study their local area• To carry out fieldwork to observe and investigate real places and processes.

4.Curriculum Cymreig

Activity 4: What did we find out?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To gather enterprise information by asking questions.

Entrepreneurship CharacteristicsRelationships• CommunicationOrganisation• Research – understanding the environment

Learning activitiesPupils visit a local enterprise or are visited in school by a representative from a local enterprise.Pupils gather information by asking previously agreed questions and any additional questions stimulated by the visit/visitor.Pupils make a photographic record of their visit/visitor.Pupils write a letter thanking the local enterprise.Pupils organise the information collected and write a summary report of the new things they have discovered.Pupils write simple “What to do” lists or/and prepare planning charts.

Learning outcomePupils will develop questioning skills and understand the range of jobs carried out by people in their community.

Resources needed• Digital camera

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking• Listening• Collaboration and discussionWriting across the curriculum• Organising ideas and information• Writing accurately

2.PSE• Understand the range of jobs carried out by people in their community.

3. Curriculum Cymreig

Activity 5: Can we plan?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To enable pupils to develop simple planning and presentation skills.

Entrepreneurship CharacteristicsRelationships• Presentation• Communication

Organisation• Planning• Vision and goal setting

Learning activitiesAll businesses need a plan that outlines how the enterprise will be set up and run.Discuss with pupils the need for a business plan to organise their enterprise project.Ask them to identify and consider key questions such as:• What is their enterprise idea?• Who will be working on your enterprise?• Who will be your customers?• Who are your competitors?• How much money will you need?• Where will you get the money?• How will you keep track of the money?• How much profit do you think you will make?• What will you do with any profit?• What help will you need?• How long will your enterprise last?

In groups, pupils use the answers to prepare a simple business plan.Alternatively, pupils use ICT to create their own business plan.It is important that everyone involved in setting up the enterprise project knows and understands the contents of their business plan.The pupils will need to present their business plan to the Head teacher(and possibly a governor) to raise capital for their enterprise.

Learning outcomePupils will begin to develop simple planning and presentation skills.

Resources needed• ICT • Interactive whiteboard

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information• Writing accurately.

Activity 6: Who is best at?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To encourage pupils to develop decision making skills and gain an understanding of enterprise roles and responsibilities.

Entrepreneurship CharacteristicsAttitude• Competitiveness

Relationships• Working with Others• Negotiation, persuasion and influence• Presentation• Communication

Organisation• Decision Making

Learning activitiesUse the key word card sort activity to introduce and enable the pupils to discuss and understand the meaning of key enterprise terms e.g.• Market research • Finance • Production • Resources • Advertising • SellingDiscuss the various ‘jobs’ that need to be allocated to individuals or groups for the enterprise project and the skills required for each one.Discuss with pupils what criteria they might use to allocate ‘jobs’ e.g.• “What do you need to be good at to do that job?”• “Who is best at…?”• “Who will volunteer to do that job?”Pupils discuss and decide the individuals (or groups) to take on each role. Pupils could be encouraged to stand for ‘election’ and give a brief presentation on why they should be chosen for the role.Record the “appointments”, list the tasks to be undertaken and outline the skills identified needed for each task.

Learning outcomePupils will begin to recognise the skills required to carry out enterprise rolesand take responsibility.

Resources needed• Activity 5 key word card sort• Interactive whiteboard

Curricular links1. Literacy and Numeracy Framework

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

LiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information• Writing accurately.

2.PSE• Identify personal strengths and weaknesses• Develop the practical skills necessary for everyday life.

Activity 7: What shall we call ourselves?

Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To encourage innovation and ideas generation.

Entrepreneurship CharacteristicsCreativity• Lateral thinking – ideas generation• Innovation

Relationships• Presentation

Organisation• Decision Making

Learning activitiesAsk the pupils to thought shower the names of businesses.Ask the pupils to decide what makes a good name for a business:• Easy to remember• Tells people about the company• Explains what the company doesPupils work in groups to thought shower names for their enterprise. Ask the pupils to vote to decide the ‘company’ name.Pupils collect different types of logos from magazines and newspapers.Create a “Logo ladder”, by arranging the most effective logos at the top and the least effective at the bottom.Discuss the merits and design features of the logos. In groups ask pupils to identify things they like and things they dislike about a logo. Consider features such as:• the message it gives about the company • the clients or customers it appeals to• the use of colour; as it is expensive to print in colour consider if the logo will work well in black and white.Pupils use ICT or art materials to make designs for logos for their enterprise. Pupils present their ideas to the class. Opportunity for peer assessment.Ask the pupils to vote to decide the design for the logo.

Learning outcomePupils will begin to develop imaginative ideas.

Resources needed• Examples of logos from magazines and newspapers• ICT• Art materials• Interactive whiteboard

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculum

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

Developing and presenting information and ideas;• Speaking• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information• Writing accurately.2.Art• Design and make two-dimensional images.3.Design and technology• Develop and communicate their design ideas in a variety of ways,using ICT where appropriate.4.ICT• Create and communicate information in the form of text and images,using a range of ICT hardware and software.

Activity 8: What do people want?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To help develop research and communication skills.

Entrepreneurship CharacteristicsRelationships• Working with others• CommunicationOrganisation• Research – understanding the environment

Learning activitiesAsk pupils to identify ways of finding out what people want/like about a product/service.In groups, ask the pupils think about the advantages and disadvantages of using different methods e.g. surveys, focus groups, one-to-one interviews.Ask pupils to identify their target market and which method they would prefer to use and why?Ask pupils to devise simple market research questions and decide how they will be used.Remember to:• keep the questions short and simple• ask only one thing at a time• use words that the people being interviewed understand.Pupils carry out market research to help them find out more about the market place in which their product or service is to be sold.Ask the pupils to collate the responses and present the data in appropriate forms e.g. tally charts, bar charts or line graphs.Pupils write a summary of “What we found out?” and “Is our product/service a good idea or not?”Pupils use this to inform their business planning.

Learning outcomePupils will develop simple research skills and will use appropriate questionsto acquire information.

Resources needed• ICT• Interactive whiteboard

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information• Writing accurately.

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

NumeracyUsing data skills• Collect and record data• Present and analyse data• Interpret results.

Activity 9: How can we advertise?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To encourage pupils to think creatively.

Entrepreneurship CharacteristicsCreativity• Problem solving• Innovation• Lateral thinking – ideas generation

Learning activitiesPupils collect different types of adverts from magazines, posters and newspapers.Pose the question: “What are the different types/styles?”In groups, pupils sort the adverts into categories e.g. informative, attention grabbing, humorous.Ask the pupils to discuss “Which are the most effective adverts and why?”Pupils use ICT or/and art materials to create different types of adverts related to their enterprise e.g.• a poster for notice boards• a flyer to give to parents• a newspaper advert• a “special price” label for products.Pupils evaluate their adverts (using Activity 8 ‘Creating an Advert’ checklist) and discuss ways to improve them. They decide which designs and formats they will use to promote their enterprise project.Pupils work in groups to prepare leaflets and / or posters to promote their enterprise project.Pupils prepare for the launch and marketing of their product or service.

Learning outcomePupils think creatively and evaluate the effectiveness of their work.

Resources needed• Magazines, posters, newspapers illustrating different types of advert e.g.informative, attention grabbing, humorous• Activity 8 ‘Creating an Advert’ checklist • ICT • Interactive whiteboard

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

• Writing accurately.Reading across the curriculum• Locating, selecting and using information.

2.Art• Design and make two-dimensional images.

3.Design and technology• Develop and communicate their design ideas in a variety of ways,using ICT where appropriate.

4.ICT• Create and communicate information in the form of text and images,using a range of ICT hardware and software.

Activity 10: How do we make it?Key Stage 2This activity is for use with pupils whose enterprise involves production.

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

Learning ObjectiveTo provide an opportunity for pupils to work with others to create a suitable product.

Entrepreneurship CharacteristicsCreativity• Problem solving

Relationships• Working with Others• Communication

Organisation• Planning

Learning activitiesAsk the pupils to discuss how they will organise themselves to make their products in the most cost-effective way.Consider the following questions:• What do you need to make your product? e.g. equipment, materials, workplace.• How safe, reliable and sustainable is your product?• How many do you think you will need/sell?• How long do you think it will it take to make all the products you think you can sell?• Are you going to take orders for your product, or make a set amount or a combination of both?Discuss with pupils different methods of production.Pupils make the product using different production methods, with the pupils working individually or groups. This could be a competitive activity.Record how long it takes to make one item and how many can be made in an hour.Introduce and explain the concept of quality control. If products look and feel good, people will be more likely to buy them. Whilst making the product encourage the pupils to check at each stage that their work is of a high standard.Discuss with pupils the most effective production method for them to adopt for their enterprise.

Learning outcomePupils work together in teams with agreed responsibilities and roles.

Resources needed• Interactive whiteboard• Materials to make their product

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

• Speaking• Listening• Collaboration and discussion.Numeracy• Using measuring skills.

2.Design and technology• Work to their specification to make products• Demonstrate their creative thinking when considering and recording solutionsto problems that arise during their designing and making.

3.PSE• To work cooperatively to solve problems.

Activity 11: Can we sell it?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To provide an opportunity for pupils to work together to solve problems and develop innovative solutions.

Entrepreneurship CharacteristicsCreativity• Problem solving

Relationships• Working with Others

Organisation• Planning

Learning activitiesUse Activity 10b Key word matching task to explain key terms such as:• price • sales • income • costs • profit • accountsDiscuss with the pupils the process of selling their finished product/service.Pupils explore how to price their product and calculate costs/prices.Groups work together to make a collective decision about the price of the product/service.Explain that when their enterprise project is producing and selling goods or services, the pupils will need a system to keep track of the money.An accountant or a representative from a local bank could be invited into the school. If a bank is used to hold the account, pupils need to understand bank statements for when they begin trading and accumulating money.Using ICT ask the pupils to devise a simple accounting system to record income, costs and profit. They will need to know:• How much money you have for your enterprise project?• How much money you have spent (costs).• How much money you have coming in (income).• How much money you have in the ‘bank’ (balance).

Learning outcomePupils will have worked together in teams with agreed responsibilities anddecided on different ways to price their product.

Resources needed• Activity 10 Key word matching task resource sheet• ICT

Curricular links1. Literacy and Numeracy FrameworkLiteracy

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

Oracy across the curriculumDeveloping and presenting information and ideas;• Collaboration and discussion.NumeracyUsing number skillsManaging money e.g.• plan and track money and savings by keeping accurate records• realise that budgeting is important• use the terms profit and loss in buying and selling activitiesand make calculations for this.2.ICT

Activity 12: We can do it!Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To carry out and complete an enterprise task using a range of organisation skills.

Entrepreneurship CharacteristicsAttitude• Self-confidence• DeterminationRelationships• Working with OthersOrganisation• Planning• Managing Resources

Learning activitiesThe pupils should now be ready to make the product/provide the service and begin trading.Pupils plan the practical arrangements for their enterprise project and agree and assign tasks.Pupils begin trading, selling their product or providing their service.Pupils keep a tally of sales/ money received.Pupils make a photographic record of their enterprise project.After the enterprise activity hold a class debriefing session to discuss what each group has achieved and what else needs doing.

Learning outcomePupils will have developed simple planning skills and worked together in teamswith agreed responsibilities to carry out and complete an enterprise task.

Resources needed• Product• Cash for change• Till / simple cash register• Digital camera

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculum• Collaboration and discussion.NumeracyUsing number skillsManaging money e.g.• plan and track money and savings by keeping accurate records• realise that budgeting is important• use the terms profit and loss in buying and selling activitiesand make calculations for this.Activity 13: How did we do?Key Stage 2Learning Objective

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

To evaluate the success of the enterprise and the role played by those who worked for it.

Entrepreneurship CharacteristicsAttitude• Determination• Self-confidence

Relationships• Working with Others• Presentation• Communication

Learning activitiesDiscuss with pupils the importance of reviewing what they did and, referring back to their Business Plan, if they achieved what they set out to do.Ask each group to suggest changes to the way in which they would plan and carry out a similar enterprise in future.Using Activity 12 Evaluation Checklist, pupils identify their own personal successes – what they did well and not so well?Pupils debate and decide what to do with any profit.Ask the pupils from the winning group to give a presentation on their enterprise to the rest of the school. This presentation would be part of the school’s entry for the national competition and also a starting point for other enterprise projects that the school might carry out in the future.Pupils’ achievements are recognised and celebrated by the school, governors and by parents.

Learning outcomePupils will be able to reflect on their enterprise and value contributions madeby individual members.

Resources needed• Activity 12 Evaluation Checklist• ICT

Curricular links1. Literacy and Numeracy FrameworkLiteracyOracy across the curriculumDeveloping and presenting information and ideas;• Speaking• Listening• Collaboration and discussion.Writing across the curriculum• Organising ideas and information• Writing accurately.

Activating Innovative Learners: Activity 3 - Entrepreneurship

Entrepreneurship: Teacher Notes - English

2. PSE• Reflect on progress, identify strengths and weaknesses and set targetsfor improvement.

Activating Innovative Learners: Activity 3 - Entrepreneurship