Summary
A quick but complete tour of how a business actually gets started: finding a good idea, getting the money to launch, marketing your product or service, earning a profit, and writing it all down in a business plan. Along the way you'll meet two sisters making real money from magnets. A tight overview that pairs well with an economics or entrepreneurship unit.
Viewer safety
Ages 7+
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Teaching resources
Discussion questions
Discussion
Use these after watching to talk through the money-and-business idea in the video.
- What steps does the show say you need to start a business?
- Why does a business need to earn more than it spends?
- What is a business plan, and why is it worth writing one down?
Quick work-a-long
Money words: idea, plan, marketing, profit, business plan.
Try it: Think of a small business a kid could run. Write your idea, one way you'd tell people about it, and what it would cost to start.