Entrepreneurship for teenagers is a creatively designed course for enabling teens and young Egyptians to launch their startups and businesses in a lean and smart way
3. 90% of businesses fail in the 1st 5 years.
Why?
1-Product, bad!
2-Customer service, poor.
3- logistics, shortage
4- Lack of business plan
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4. I can Do it
I will do it
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5. 1. Learning objectives
2. Definitions.
3. Teen Entrepreneurs
4. Society .
5. Problem.
6. Problem solving.
7. Problem equals opportunity.
8. Ways of thinking, Creative thinking & Ideation.
9. SMART objective.
10. Skills of the Successful Entrepreneur.
11. Entrepreneur’s Resources.
12. Planning importance.
13. Business plan basics.
14. Marketing tips.
15. Follow up.
16. Presentation about a project Idea.
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6. LEARNING OUTCOMES
1. Know who is the entrepreneur & Why?
2. Teen entrepreneurs examples & started at what age.
3. Practice entrepreneurship skills.
4. Learn basic business skills.
5. Learn about business plan.
6. Learn about basics of marketing.
7. Generate ideas for entrepreneurships.
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7. WARM UP – LOST
What would happen if we went out on a
pleasure cruise only to end up being
shipwrecked on a desert island?
What materials would be essential for
survival?
This activity is a great lesson in group
decision-making, as students will
undoubtedly have different ideas about
what materials to add to a limited list in a
limited amount of time.
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8. WHAT IS AN ENTREPRENEUR?
An Entrepreneur (ahn’tra pra nur) is a
person who organizes and
manages a business undertaking,
assuming the risk for the sake of
profit.
Any person (any age) who starts and
operates a business is an
entrepreneur.
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9. WHY IT IS IMPORTANT TO START ON YOUR OWN.
Unemployment rates 15%
Huge number of university graduates
Evolution of Technology, Connectivity &
digitalization.
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17. Is a 14-year old that came up with
the idea of manly scented candles
when he was teasing his sister
about the girly scented ones she
was selling for a school fundraiser.
Main put in an initial investment of
$100, his parents put in $200
Hart Main
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18. Is a Seattle teenager that founded
benelab, a search engine that
generates donations.
Kim had made some search
engines in the past and quickly
learned the power of a search
engine in generating revenue
from little traffic.
http://benelab.org/
Jack Kim
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19. Eight dollars started Qualls' journey that
has led her to $70,000 per month in
revenue.
When MySpace was popular, people
complimented Qualls on her MySpace
page designs.
She posted the designs online for people to
purchase and that propelled her to a
$70,000 per month revenue with 7 million
monthly visitors.
She made so much money that she dropped
out of school to devote her time to her
business.
She was offered $1.5 million for her
business, but turned it down.
Ashley Qualls
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Her earnings reached 1000000 $ when she has 17
only.
20. born May 14, 1984) is an
American technology
entrepreneur, known as
Facebook CEO and its co-
founder 2004.
Facebook was a social network
launched to ease
communication within the
Harvard campus, but it
expanded reaching one billion
users by 2012 in the whole
world.
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21. Some kids played video games, Mark created
them!
Since his father's dental practice was
operated from their home, he built a
software program he called "ZuckNet"
that allowed all the computers between the
house and dental office to communicate
with each other when he was only 12
years old.
It is considered a "primitive" version
of AOL’s instant messanger, which came
out the following year.
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23. SOCIETY
An organized group of
persons associated
together for religious,
benevolent, cultural,
scientific, political,
patriotic, or other
purposes.
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24. WHAT IS A 'SOCIAL ENTREPRENEUR'
A social entrepreneur is a
person who pursues novel
applications that have the
potential to solve community-
based problems.
These individuals are willing to
take on the risk and effort to
create positive changes in
society through their initiatives.
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29. Did I tell you that!
Split into groups
Type a message
Tell it
Communicate it in series
Check the difference.
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30. PROBLEM
A perceived gap
between the
existing state and
a desired state.
Or a deviation from
a norm, standard,
or status quo.
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31. PROBLEM SOLVING STEPS
1- Define, real facts.
2-Causes, why and why? number of
reasons matter.
3- Possible solutions
4-Any decision is better than no decision at
all, make a decision.
5-Assign to act, who, when, standards
6-Schedule of reporting, deadlines!
Measures.
7-Action, action, action, you or someone
else.
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33. STATE 10 PROBLEMS IN YOUR SOCIETY
Workshop
4 groups
15 minutes
Find 10 problems (10
minutes)
Imagine a solution for 1 of
them (5 minutes)
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35. IDEATION
Mobile Challenge:
We deal with mobile phones daily.
We face some challenges dealing with
them.
State 5 challenges. (5 minutes)
How can we overcome them, (10 minutes)
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38. SKILLS FOR AN ENTREPRENEUR
1. Resilience (Flexibility).
2. Innovation.
3. Independent.
4. Curiosity.
5. Self confidence.
6. Empathy.
7. Optimism.
8. Giving back.
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49. If you do not plan to succeed
Then you are planning to fail.
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50. BUSINESS PLAN
Plan
Written account of intended future course of
action (scheme) aimed at achieving specific
goal(s) or objective(s) within a specific
timeframe.
It explains in detail what needs to be done,
when, how, and by whom, and often
includes best case, expected case, and
worst case scenarios. See also planning.
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53. Profits losses
items + -
Resources cost
Mobile 1500
Laptop 3500
Internet fees 1 year 1500
Others 500
7000 LE
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54. 86400 $
You are in a journey all alone, in a foreign country, and to complete the journey you have
86400 $ to be spent daily.
You have 5 basic needs:
1-food
2-hotel room
3-transportation
4-communications
5-learning the country’s language
You have 3 non essential needs
A-Ice cream.
B-Making photo sessions.
C-buying new technology products.
Distribute the 86400!
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55. VISION
It is translation of your clear
goal
What is not written is not
there.
Example:
madrasty nazeefa
gameela motatawerra
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56. GOAL
Set your goals
Remember: SMART
Think big!
Short term goals: 12 months
Mid term goals: 1-3 years
Long term goals: 5 years
C:UsersTamerDownloadsAchieve More by Setting Smart
Goals.mp4
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64. KNOW YOUR CUSTOMER
The customer is the boss
Target population:
How old is your customer?
Lives where?
Education?
Men or women or no matter?
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65. SET YOUR MARKETING GOALS
Production quantities to meet demand.
Development strategies
Price of the product
Delivery or place of distribution
Promotional plans
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66. MARKETING STRATEGY
How many products will you produce?
Price!
Cost + profit = price.
Delivery means, how will we reach the client.
Media used: online, youtube, SMS, social media.
Plan for every step to succeed
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72. 1. ONLINE MARKETER
Although many teens lack a strong
resume, they have one asset
that helps them stand out—their
understanding of the online
world.
Thanks to growing up with the
internet and social media, teens
know how to discover the trends
they want to follow and how to
influence others.
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73. 2. DETAILER
Teenagers can start their
own business, detailing
the benefits of some
products.
Like mobile phones,
Sweets, Video games
and some books and
novels.
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74. 3. CUSTOM CRAFTS CREATOR
Teenagers often buy and sell products
on Etsy, but they don’t have to limit
themselves to this platform.
For example, at only 14-years-old, a girl
named Bella started selling jewelry
directly to her friends and family
members.
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75. 4. CODER – DEVELOPER – PROGRAMMER:
Coding and programming languages are easy and accessible to be taught
nowadays.
Making simple android or windows applications, games or software
solutions could be a business idea for many teens.
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