← What is an entrepreneur? lesson New set →

What Is an Entrepreneur? Kids Worksheet

Entrepreneurship lesson 1: What is an entrepreneur? · Set 526 · 40 questions
TalentJR

Business tip (Spot, start small, learn): An entrepreneur starts and owns a business, takes the business risk and keeps the profit or loss. An employee works for an employer for a fixed salary. Helpful habits: spotting problems, trying small first, asking customers, learning from mistakes, keeping promises, being honest, working with a team. Unhelpful habits: giving up after one try, never asking anyone, copying a rival exactly, spending all the profit, blaming others, ignoring complaints.

NameDateTime takenScore ___ / 40
  1. 1.True or false: “breaking promises” is a helpful habit for an entrepreneur. (a) True (b) False
  2. 2.True or false: “never asking anyone” is a helpful habit for an entrepreneur. (a) True (b) False
  3. 3.True or false: “learning from mistakes” is an unhelpful habit for an entrepreneur. (a) False (b) True
  4. 4.True or false: someone who owns the business — that is what an employee does. (a) False (b) True
  5. 5.True or false: someone who starts a new business — that is what an employee does. (a) False (b) True
  6. 6.👪 Aarav, 12, wants to start a small stall. Whom should he ask first? (a) nobody (b) only his best friend (c) his parents (d) a stranger online
  7. 7.True or false: “learning from mistakes” is a helpful habit for an entrepreneur. (a) True (b) False
  8. 8.🌱 What is the best way to start a first business? (a) quit school for it (b) copy a big company (c) borrow a lot at once (d) start small and test
  9. 9.Which of these is a helpful habit for an entrepreneur? (a) learning from mistakes (b) never asking anyone (c) giving up after one try (d) spending all the profit
  10. 10.🔍 Which is the odd one out? (a) copying a rival exactly (b) spending all the profit (c) spotting problems (d) giving up after one try
  11. 11.True or false: someone who works for an employer — that is what an employee does. (a) True (b) False
  12. 12.Which of these is a helpful habit for an entrepreneur? (a) breaking promises (b) working with a team (c) ignoring complaints (d) blaming others
  13. 13.👔 Who does this — an entrepreneur or an employee? Someone who owns the business. (a) an employee (b) an entrepreneur
  14. 14.💰 Profit is… (a) money you borrow (b) the price of one item (c) all money from sales (d) money left after costs
  15. 15.🤝 Why do entrepreneurs work with other people? (a) no one can do it alone (b) they never do (c) to make them work free (d) to take their money
  16. 16.🔍 Which is the odd one out? (a) blaming others (b) staying curious (c) working with a team (d) saving for the business
  17. 17.Which of these is an unhelpful habit for an entrepreneur? (a) blaming others (b) being honest (c) learning from mistakes (d) working with a team
  18. 18.🚀 Helpful or unhelpful for an entrepreneur: spotting problems? (a) a helpful habit (b) an unhelpful habit
  19. 19.🚀 Helpful or unhelpful for an entrepreneur: skipping the planning? (a) a helpful habit (b) an unhelpful habit
  20. 20.📉 The first idea did not sell well. What does a good entrepreneur do? (a) learn and improve it (b) give up at once (c) hide the results (d) blame the customers
  21. 21.🔍 Which is the odd one out? (a) staying curious (b) copying a rival exactly (c) giving up after one try (d) spending all the profit
  22. 22.Which of these is a helpful habit for an entrepreneur? (a) never asking anyone (b) blaming others (c) breaking promises (d) keeping promises
  23. 23.🚀 Helpful or unhelpful for an entrepreneur: ignoring complaints? (a) an unhelpful habit (b) a helpful habit
  24. 24.Which of these is a helpful habit for an entrepreneur? (a) never asking anyone (b) blaming others (c) planning ahead (d) copying a rival exactly
  25. 25.🎯 What should a good business idea solve? (a) nothing at all (b) a real problem or need (c) a made-up problem (d) only the owner’s boredom
  26. 26.👔 Who does this — an entrepreneur or an employee? Someone who starts a new business. (a) an entrepreneur (b) an employee
  27. 27.👔 Who does this — an entrepreneur or an employee? Someone who is paid by the owner. (a) an employee (b) an entrepreneur
  28. 28.True or false: “being honest” is an unhelpful habit for an entrepreneur. (a) True (b) False
  29. 29.💡 An entrepreneur is a person who… (a) never takes a risk (b) works for a salary (c) only buys things (d) starts a business
  30. 30.🚀 Helpful or unhelpful for an entrepreneur: giving up after one try? (a) a helpful habit (b) an unhelpful habit
  31. 31.🚀 Helpful or unhelpful for an entrepreneur: trying small first? (a) a helpful habit (b) an unhelpful habit
  32. 32.True or false: “staying curious” is an unhelpful habit for an entrepreneur. (a) False (b) True
  33. 33.True or false: “trying small first” is an unhelpful habit for an entrepreneur. (a) False (b) True
  34. 34.🚀 Helpful or unhelpful for an entrepreneur: asking customers? (a) an unhelpful habit (b) a helpful habit
  35. 35.True or false: “ignoring complaints” is an unhelpful habit for an entrepreneur. (a) False (b) True
  36. 36.👔 Who does this — an entrepreneur or an employee? Someone who follows the owner’s plan. (a) an entrepreneur (b) an employee
  37. 37.True or false: “keeping promises” is an unhelpful habit for an entrepreneur. (a) True (b) False
  38. 38.True or false: someone who follows the owner’s plan — that is what an entrepreneur does. (a) False (b) True
  39. 39.⚖️ An entrepreneur “takes a risk”. What does that mean? (a) someone else pays (b) money could be lost (c) profit is guaranteed (d) nothing can go wrong
  40. 40.Which of these is an unhelpful habit for an entrepreneur? (a) being honest (b) giving up after one try (c) keeping promises (d) asking customers

Answer key

  1. False
  2. False
  3. False
  4. False
  5. False
  6. his parents
  7. True
  8. start small and test
  9. learning from mistakes
  10. spotting problems
  11. True
  12. working with a team
  13. an entrepreneur
  14. money left after costs
  15. no one can do it alone
  16. blaming others
  17. blaming others
  18. a helpful habit
  19. an unhelpful habit
  20. learn and improve it
  21. staying curious
  22. keeping promises
  23. an unhelpful habit
  24. planning ahead
  25. a real problem or need
  26. an entrepreneur
  27. an employee
  28. False
  29. starts a business
  30. an unhelpful habit
  31. a helpful habit
  32. False
  33. False
  34. a helpful habit
  35. True
  36. an employee
  37. False
  38. False
  39. money could be lost
  40. giving up after one try

Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids