Included in the Foundation in Entrepreneurship homeschool course are instructions for "The Entrepreneurship Project" supplemental activity. This is a great way for students to practically apply the principles they are learning in the course. Check it out under the Teacher Resources for the course.
The objective of the project is for the student to experience the practical application of business ideas and practices and to allow them to develop an awareness of what it takes to be a successful entrepreneur. This project is designed to be completed with a small group or in a classroom setting.
You will need to tweak the project to have your solo student do the work themselves rather than as a group. As you read through the teacher materials for the project you will see things like: instruct the team to determine a pricing model... or guide the team to create a P&L statement... etc. Instead, you will have the student do those things on his or her own.
- Phase 1: Plan your Business: The student will be the one to come up with the business ideas alone and narrow it down to a single idea. Rather than presenting to the class they can present to you the parent.
- Phase 2: Start Your Business: Rather than collaborating and researching the practical business ideas student will do the research on their own.
- Phase 3: Market Your Business: Rather than presenting to the class the student can present the “look, tone, and feel” as well as their “sales pitch” to you the parent. If the student is struggling with coming up with objections to their sales pitch, they can ask their friends or other adults in their life, or (with your supervision) a simple AI inquiry.
- Phase 4: Operate Your Business: Student will be responsible for setting goals, making plans and doing the necessary research.
NOTE: This article applies to > Foundations in Entrepreneurship for Homeschool