Entrepreneurship Learning Packet
Entrepreneurship Learning Packet
Learning Packet
OPENING QUOTE
https://youtu.be/u8S4ph8N8tM
They talk about the challenges they faced and how they emerged
from these.
HAND OUT 1
Importance of Entrepreneurship
1. EMPLOYMENT CREATION: Entrepreneurs create employment
for themselves and other people. They are employers and hence assist
in solving the unemployment problem.
2. LOCAL RESOURCES: When entrepreneurs utilize local
resources, the value of these resources increases.
3. DECENTRALIZATION AND DIVERSIFICATION OF
BUSINESS: Entrepreneurs are able to identify business
opportunities, and locate these businesses in suitable areas, including
rural areas.
4. PROMOTION OF TECHNOLOGY: By being creative,
entrepreneurs are able to contribute to the utilization and
development of technology.
5. CAPITAL FORMATION: Entrepreneurship increases capital
formation and investment.
6. PROMOTION OF AN ENTREPRENEURIAL CULTURE: By
projecting successful images, entrepreneurs become models that can
be copied by young people.
HAND OUT 2
1. The job you choose may affect where you live. If you choose to be
a forest ranger, you will probably have to live near a national forest.
If you choose to work in the movie business, you will probably have
to live near a big city.
2. The amount of money you earn may affect how you live. For
example, if your job earns you 10,000 a year, you will live differently
than someone earning 100,000 a year. You need to decide how
important money is to you.
3. The job you choose may affect how you live. • Fred, a nurse’s
assistant, often has to work late hours or overnight and cannot always
count on a full night’s sleep. But he likes to help people feel better. •
Jill works in a plastics factory. She works the night shift and sleeps
during the day. But she likes the night shift because she earns more
money, and she likes working with machines and tools. • John, a
salesman, often works 70 hours a week, including travel. But he likes
to see new places.
4. The job you choose may affect who your friends are. Many of your
coworkers will become your friends. You may lose touch with friends
you have now.
5. The job you choose may affect your family life. For example,
Susan, a hotel manager, works 80 hours a week. She has decided she
does not have time for relatives or children.
6. The job you choose may affect your personality. Some jobs put
more pressure on you than others. This pressure may make you
nervous or grouchy. Only you can decide how you want to live.
Choose a career that fits what you value most.
C. Engagement Have learners fill in WORKSHEET 1 and write five reasons for
working for oneself and five reasons for working for someone else.
Have the class discuss the results.
WORKSHEET 1
WORKSHEET 2
Identify two jobs from the following list. For each job title identify a
corresponding self-employment opportunity and its title.
Suggested template:
Job
Opportunities
HANDOUTS 3
Self-Employment
ADVANTAGES CHALLENGES
1. Leads rather than follows 1. Long, irregular hours of work
2. Can implement ideas 2. Broad responsibility
3. Can be creative 3. Must take risks
4. Potential income unlimited 4. Income not stable nor
5. Independence guaranteed
6. Can take initiative 5. No fringe benefits
7. Controls work environment 6. Always involved in finances
8. Gives orders 7. Time constraint
8. Uncertain future
9. Learning never ends
10. Hard to delegate work
11. Too much paperwork
12. Dependent on employee
actions Paid Employment
ADVANTAGES CHALLENGES
1. Specific (or fixed) 1. Follows orders
responsibilities 2. Ability not easily recognized
2. Steady income 3. Set income
3. Fringe benefits 4. Limited responsibility
4. Fixed hours of work 5. Difficulty to implement ideas
5. More certain future 6. Dependent on the employ
6. Set span of control
7. Minimal risks
D. Assimilation
My journey through this lesson enabled me to learn
________________________________________________________
______
It made me realize that
______________________________________________________
________________________________________________________
______
I, therefore, commit to
_______________________________________________________