Here are a few suggestions for designing your own entrepreneurship curriculum to get started with your fledging entrepreneur.

The
first step is to identify a business opportunity. Nothing happens in
the marketplace until someone needs a service or a product. Your
youngster can be taught how to survey families in the neighborhood
about their wants and needs. Many adults are basically lazy and desire
someone to help them with boring, labor intensive tasks around the
house. And we know that younger customers tend to be product oriented
and are motivated to purchase mostly novelty items.

Next, analyze
the results of the survey together. In the evaluation of business
ideas, it is important to consider the skills required to operate a
particular enterprise and amount of money needed for startup.

Creating
a realistic sales and marketing plan can make or break the new
business. Make sure good sales prospects - family, friends, classmates,
teachers are initially targets as customers. Early success in sales
increases your young entrepreneur's motivation to continue. A couple of
dollars in the pocket early makes this new partnership a real business.
Don't be surprise if more questions are asked about topics related
business expansion and profit potential.

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