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English first additional language

Grade 8

Entrepreneurship: wheels can give you wings!

Module 7

Starting your business

Activity 1:

Going into business on your own!

[lo 3.8.2]

We live in a world where you seldom get anything for nothing. Which means we all need money. How do you earn extra money when you are still at school? Of course you can do part-time work if you are old enough. There are several ways - like baby-sitting or shelf stacking at the supermarkets - in which you can earn a few rands.

But what about a steady income ? Wouldn’t it be good to look forward to a steady income: to be able to plan your spending, to save up for a dream, to buy small things you need, to have something left to share with others? You can achieve these ideals if you start a business in order to make a profit.

A person who starts a business is called an ___________________________

The answer to the riddle above is hidden in the twelve sentences below . Each sentence contains a word printed in bold. Write down the first letter of each of these words in the blocks provided above. Keep them in the given order.

The Special Qualities of an __________________________________

1. He makes money in an enterprising way.

2. He can spot a need people have and he supplies what they are looking for.

3. He has a clear target towards which he works.

4. He keeps an accurate record of buying and selling and hours spent working.

5. He is enthusiastic about what he does.

6. He transforms his talents, skills and energy into profit .

7. A business requires hard work, but hard work pays!

8. He keeps his ears open so that he can hear what people want or need.

9. He offers his products or services in a new and refreshing way.

10 He keeps his eyes open to see what services might be needed.

11. He understands that advertising is vital.

12. He knows his hard work will reward him in rands and cents.

Write down the definition of an entrepreneur.

Activity 2:

Starting your business

A business starts with an idea.

Are you going to . . .

  1. Buy or sell?
  2. Provide a service?
  3. Produce and market your own product?
  4. Put your skills and talent to work?

Consider these four points carefully. List your ideas.

You have three minutes to work on your own.

Activity 3:

Developing your idea

[lo 4.1.2]

Your idea might be brilliant and smart, but you will need a business plan if you want to get it going. A business plan is like a road map - it shows you where you are going and keeps you on track.

Using your best idea , consider the following FOUR business basics:

What do I intend doing?

How do I intend doing it?

When do I intend doing it?

Why do I think this will succeed?

Imagine you are planning to start the Afribike venture. Draw up a simple business plan by filling in the answers in the table below.

AFRIBIKE
  1. What are we going to do?
2. How/where are we going to get bicycles to sell?
3. When are we going to sell these bicycles?
4. Why is our scheme sure to succeed?

Activity 4:

Planning your own business enterprise

[lo 4.1.3]

Think carefully about the kind of business you intend starting.

ARE YOU GOING TO . . .

1. buy and sell?

Questions & Answers

are nano particles real
Missy Reply
yeah
Joseph
Hello, if I study Physics teacher in bachelor, can I study Nanotechnology in master?
Lale Reply
no can't
Lohitha
where we get a research paper on Nano chemistry....?
Maira Reply
nanopartical of organic/inorganic / physical chemistry , pdf / thesis / review
Ali
what are the products of Nano chemistry?
Maira Reply
There are lots of products of nano chemistry... Like nano coatings.....carbon fiber.. And lots of others..
learn
Even nanotechnology is pretty much all about chemistry... Its the chemistry on quantum or atomic level
learn
Google
da
no nanotechnology is also a part of physics and maths it requires angle formulas and some pressure regarding concepts
Bhagvanji
hey
Giriraj
Preparation and Applications of Nanomaterial for Drug Delivery
Hafiz Reply
revolt
da
Application of nanotechnology in medicine
has a lot of application modern world
Kamaluddeen
yes
narayan
what is variations in raman spectra for nanomaterials
Jyoti Reply
ya I also want to know the raman spectra
Bhagvanji
I only see partial conversation and what's the question here!
Crow Reply
what about nanotechnology for water purification
RAW Reply
please someone correct me if I'm wrong but I think one can use nanoparticles, specially silver nanoparticles for water treatment.
Damian
yes that's correct
Professor
I think
Professor
Nasa has use it in the 60's, copper as water purification in the moon travel.
Alexandre
nanocopper obvius
Alexandre
what is the stm
Brian Reply
is there industrial application of fullrenes. What is the method to prepare fullrene on large scale.?
Rafiq
industrial application...? mmm I think on the medical side as drug carrier, but you should go deeper on your research, I may be wrong
Damian
How we are making nano material?
LITNING Reply
what is a peer
LITNING Reply
What is meant by 'nano scale'?
LITNING Reply
What is STMs full form?
LITNING
scanning tunneling microscope
Sahil
how nano science is used for hydrophobicity
Santosh
Do u think that Graphene and Fullrene fiber can be used to make Air Plane body structure the lightest and strongest. Rafiq
Rafiq
what is differents between GO and RGO?
Mahi
what is simplest way to understand the applications of nano robots used to detect the cancer affected cell of human body.? How this robot is carried to required site of body cell.? what will be the carrier material and how can be detected that correct delivery of drug is done Rafiq
Rafiq
if virus is killing to make ARTIFICIAL DNA OF GRAPHENE FOR KILLED THE VIRUS .THIS IS OUR ASSUMPTION
Anam
analytical skills graphene is prepared to kill any type viruses .
Anam
Any one who tell me about Preparation and application of Nanomaterial for drug Delivery
Hafiz
what is Nano technology ?
Bob Reply
write examples of Nano molecule?
Bob
The nanotechnology is as new science, to scale nanometric
brayan
nanotechnology is the study, desing, synthesis, manipulation and application of materials and functional systems through control of matter at nanoscale
Damian
Is there any normative that regulates the use of silver nanoparticles?
Damian Reply
what king of growth are you checking .?
Renato
how did you get the value of 2000N.What calculations are needed to arrive at it
Smarajit Reply
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Source:  OpenStax, English first additional language grade 8. OpenStax CNX. Sep 11, 2009 Download for free at http://cnx.org/content/col11042/1.1
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