Entrepreneurship

Math

• The Seventh-grade child learned about budgeting and financial planning by creating a business plan for their entrepreneurship activity.
• They used math skills to calculate the cost of materials and determine pricing for their product.
• They applied basic arithmetic to track their sales and calculate their profit or loss.
• They analyzed data from their sales to identify trends and make informed decisions for their business.

Social Studies

• The Seventh-grade child gained an understanding of economic systems by exploring different types of businesses and how they operate.
• They learned about supply and demand through the process of determining how much of their product to produce based on customer interest.
• They explored different marketing strategies and considered the target audience for their product.
• They made connections between entrepreneurship and the concept of innovation in society.

To continue developing their entrepreneurial skills, the Seventh-grade child can explore real-life success stories of entrepreneurs through books, documentaries, or podcasts. They can also participate in local or online entrepreneurship programs or workshops to gain further knowledge and hands-on experience. Additionally, they can research and study different business models and strategies to expand their understanding of entrepreneurship.

Book Recommendations

• The Young Entrepreneur's Guide to Starting and Running a Business by Steve Mariotti: This book provides practical advice and guidance for young entrepreneurs looking to start their own business.
• How to Turn $100 into $1,000,000: Earn! Save! Invest! by James McKenna and Jeannine Glista: This book teaches young readers about money management, investing, and entrepreneurship through real-life examples and engaging activities.
• Entrepreneurship for Kids: Who Wants to Be an Entrepreneur? by Jeff Hayzlett: This book introduces young readers to the world of entrepreneurship through interactive storytelling and hands-on activities.