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How to Start a Business: Kids Worksheet

Entrepreneurship lesson 4: Idea → test → launch · Set 357 · 40 questions
TalentJR

Business tip (Test before you launch): The order: 1 spot a problem → 2 think of an idea → 3 ask possible customers → 4 make a small test batch → 5 improve from feedback → 6 launch → 7 keep records and review. Test small first: a sample or a small batch shows what works before you spend a lot. Feedback is for improving before the launch; records after the launch show what to do next.

NameDateTime takenScore ___ / 40
  1. 1.🚀 Rohan made 500 bookmarks before asking anyone. What went wrong? (a) he made too few (b) he asked too many (c) he skipped testing (d) nothing at all
  2. 2.🚀 Which step of starting a business is this: spot a problem? (a) step 6 (b) step 2 (c) step 5 (d) step 1
  3. 3.🚀 Which step of starting a business is this: ask possible customers? (a) step 6 (b) step 4 (c) step 3 (d) step 5
  4. 4.🚀 Which step of starting a business is this: think of an idea? (a) step 6 (b) step 2 (c) step 7 (d) step 1
  5. 5.🚀 Starting a business: which comes first — do a quick survey or launch the business? (a) do a quick survey (b) launch the business
  6. 6.🚀 Which step of starting a business is this: launch the business? (a) step 5 (b) step 6 (c) step 1 (d) step 2
  7. 7.🚀 Starting a business: which comes first — brainstorm solutions or ask possible customers? (a) brainstorm solutions (b) ask possible customers
  8. 8.🚀 Starting a business: which comes first — count profit and learn or brainstorm solutions? (a) count profit and learn (b) brainstorm solutions
  9. 9.🚀 Starting a business: which comes first — ask possible customers or spot a problem? (a) ask possible customers (b) spot a problem
  10. 10.🚀 Which step of starting a business is this: try out a sample? (a) step 1 (b) step 5 (c) step 4 (d) step 6
  11. 11.🚀 Starting a business: which comes first — spot a problem or think of an idea? (a) spot a problem (b) think of an idea
  12. 12.🚀 Which step of starting a business is this: make a small test batch? (a) step 4 (b) step 7 (c) step 1 (d) step 3
  13. 13.🚀 Starting a business: which comes first — try out a sample or count profit and learn? (a) try out a sample (b) count profit and learn
  14. 14.📊 After the launch, what should you keep doing? (a) stop counting (b) hide your costs (c) keep records and review (d) ignore customers
  15. 15.🚀 Starting a business: which comes first — open the stall for all or keep records and review? (a) open the stall for all (b) keep records and review
  16. 16.🚀 Starting a business: which comes first — open the stall for all or improve from feedback? (a) open the stall for all (b) improve from feedback
  17. 17.🚀 Starting a business: which comes first — keep records and review or open the stall for all? (a) keep records and review (b) open the stall for all
  18. 18.🗣️ Testers say your cupcakes are too sweet. What is the next step? (a) stop listening (b) launch it as it is (c) raise the price (d) improve the recipe
  19. 19.🚀 Which step of starting a business is this: open the stall for all? (a) step 6 (b) step 1 (c) step 7 (d) step 2
  20. 20.🚀 Which step of starting a business is this: improve from feedback? (a) step 4 (b) step 1 (c) step 7 (d) step 5
  21. 21.🚀 Starting a business: which comes first — count profit and learn or improve from feedback? (a) count profit and learn (b) improve from feedback
  22. 22.🚀 Starting a business: which comes first — ask possible customers or count profit and learn? (a) ask possible customers (b) count profit and learn
  23. 23.🧪 Why make a small test batch before a big launch? (a) to look busy (b) to learn cheaply (c) it is a rule (d) to waste money
  24. 24.🚀 Starting a business: which comes first — launch the business or count profit and learn? (a) launch the business (b) count profit and learn
  25. 25.🔁 Idea → test → launch: why this order? (a) no reason (b) it is faster to lose (c) less risk of loss (d) it looks nice
  26. 26.🚀 Starting a business: which comes first — see what bugs people or count profit and learn? (a) see what bugs people (b) count profit and learn
  27. 27.🚀 Which step of starting a business is this: keep records and review? (a) step 1 (b) step 5 (c) step 7 (d) step 4
  28. 28.🚀 Which step of starting a business is this: see what bugs people? (a) step 2 (b) step 7 (c) step 4 (d) step 1
  29. 29.🚀 Which step of starting a business is this: do a quick survey? (a) step 7 (b) step 6 (c) step 3 (d) step 1
  30. 30.🚀 Starting a business: which comes first — launch the business or keep records and review? (a) launch the business (b) keep records and review
  31. 31.🚀 Starting a business: which comes first — launch the business or brainstorm solutions? (a) launch the business (b) brainstorm solutions
  32. 32.🚀 Which step of starting a business is this: count profit and learn? (a) step 2 (b) step 6 (c) step 4 (d) step 7
  33. 33.🚀 Starting a business: which comes first — spot a problem or count profit and learn? (a) spot a problem (b) count profit and learn
  34. 34.🚀 Which step of starting a business is this: brainstorm solutions? (a) step 1 (b) step 3 (c) step 2 (d) step 6
  35. 35.🚀 Starting a business: which comes first — ask possible customers or fix what people disliked? (a) ask possible customers (b) fix what people disliked
  36. 36.🚀 Starting a business: which comes first — do a quick survey or count profit and learn? (a) do a quick survey (b) count profit and learn
  37. 37.🚀 Starting a business: which comes first — make a small test batch or ask possible customers? (a) make a small test batch (b) ask possible customers
  38. 38.🚀 Starting a business: which comes first — think of an idea or count profit and learn? (a) think of an idea (b) count profit and learn
  39. 39.🚀 Starting a business: which comes first — keep records and review or ask possible customers? (a) keep records and review (b) ask possible customers
  40. 40.🚀 Starting a business: which comes first — launch the business or fix what people disliked? (a) launch the business (b) fix what people disliked

Answer key

  1. he skipped testing
  2. step 1
  3. step 3
  4. step 2
  5. do a quick survey
  6. step 6
  7. brainstorm solutions
  8. brainstorm solutions
  9. spot a problem
  10. step 4
  11. spot a problem
  12. step 4
  13. try out a sample
  14. keep records and review
  15. open the stall for all
  16. improve from feedback
  17. open the stall for all
  18. improve the recipe
  19. step 6
  20. step 5
  21. improve from feedback
  22. ask possible customers
  23. to learn cheaply
  24. launch the business
  25. less risk of loss
  26. see what bugs people
  27. step 7
  28. step 1
  29. step 3
  30. launch the business
  31. brainstorm solutions
  32. step 7
  33. spot a problem
  34. step 2
  35. ask possible customers
  36. do a quick survey
  37. ask possible customers
  38. think of an idea
  39. ask possible customers
  40. fix what people disliked

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