• Greet the class and introduce the topic of the day on Entrepreneurship Literacy
  • Ask the class if they’ve heard the word “entrepreneur” before and what they think it means.
  • Explain that today they will learn about entrepreneurship and who entrepreneurs are.

SECTION A

  1. Meaning of Entrepreneurship:
  • Define entrepreneurship in simple terms. “Entrepreneurship is the ability and willingness to create, manage and drive a business enterprise to make profit and bear the risk in it’.
  • Use examples the pupils can relate to, like someone starting a small business selling snacks or toys.
  • Write the definition on the board.
  1. Who is an Entrepreneur?
  • Explain that an entrepreneur is the person who starts the business or creates a new idea.
  • Use a simple sentence for the explanation.
  • Ask if any of them know someone who has started their own business (parents, neighbors, etc.).
  1. Benefits of Entrepreneurship:

Class Discussion: Explain the benefits of entrepreneurship:

  • Entrepreneurs bring solutions to the problems and add value to humanity.
  • Entrepreneurs create new jobs which help to reduce unemployment.
  • Entrepreneurs help in nation building.
  • Entrepreneurs also generate income to the government by paying their taxes.
  • Successful entrepreneurs give money to charity causes and support community project.

d. Functions of an Entrepreneur: