The Rise of the Entrepreneur

Objective:
To understand what an entrepreneur is and evaluate the motives for starting a business

An Economist Foundation lesson that develops Sustainable Development Goals
8 and 10-Decent work and economic growth/ Reduced Inequalities.

The desire to become an entrepreneur is on the rise. About 60% of American teenagers want to start their own business and many young people cite social-media influencers and celebrities as inspiration for their ambitions. What is the best motive for starting a business? And how might motive affect an entrepreneur’s success?

This week, make connections between different statistics in the news and discuss what may affect the success of a new business.

Use this one-hour lesson to help your students:

Understand what an entrepreneur is and examine the motives behind starting a business
Generate ideas to increase the likelihood of success
Make connections between different statistics in the news