Real entrepreneurs · seed 1 · A4, ink-friendly. The answer key prints on its own page for grown-ups.

Real kids who started real businesses

Life Skills · Entrepreneurship · ages 9-11
Name ______________________   Date ____________
  1. What did Mikaila Ulmer sell in Me & the Bees Lemonade?

    • Handmade colorful bow ties
    • Lemonade with honey
    • Freshly baked cookies
  2. What does the word 'entrepreneur' mean?

    • A person who starts and runs a business
    • A person who only studies other people's businesses
    • A person who only buys products from other businesses
  3. Caring strongly about your business's work or purpose is called passion.

    Circle one:   True   False

  4. With an adult's help, Sam wants to start a cookie business. Which action turns his idea into business activity?

    • Making cookies, setting prices and selling to customers
    • Reading several books about how cookie businesses work
    • Drawing a detailed picture of a cookie shop for homework
  5. Who helped Moziah Bridges learn to sew?

    • His classroom teacher
    • A clothing shop owner
    • His grandmother
  6. Mikaila used a family lemonade recipe and added honey. Which quality does trying a recipe in a new way show?

    • Persistence: learning and trying after a setback
    • Creativity: finding or trying ideas
    • Passion: caring strongly about the work or its purpose
  7. Mia reads about a successful child entrepreneur. She thinks copying the idea and working hard will guarantee her the same success. Which explanation matches the lesson?

    • The story can give ideas, but it cannot promise her success
    • Success follows whenever two businesses sell the same thing
    • Using the same idea means customers and costs no longer matter
  8. Ben burns a batch of cookies while baking with an adult. Which next action shows persistence?

    • Stop baking and never return to the recipe
    • Keep the recipe but avoid trying it again
    • Learn what happened and try another batch
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Answer key

For grown-ups. Fold this page away before handing over the rest.

Real kids who started real businesses W1-mt_rxJ2O_9Lkr-s1

  1. Lemonade with honey · Mikaila used a family lemonade recipe and added honey. The other stories describe bow ties and cookies.
  2. A person who starts and runs a business · An entrepreneur starts and runs a business. Studying businesses or buying their products does not by itself mean starting one.
  3. True · Passion means caring strongly about the work or its purpose. It describes a strong interest, not a promise of success.
  4. Making cookies, setting prices and selling to customers · Making an offer, setting prices and serving customers are business activities. Reading and drawing can help Sam learn, but do not by themselves start the business.
  5. His grandmother · Moziah learned to sew with help from his grandmother. He used sewing to make bow ties.
  6. Creativity: finding or trying ideas · Trying a recipe in a new way shows creativity. The action described is trying an idea, rather than responding to a setback or describing a feeling.
  7. The story can give ideas, but it cannot promise her success · A success story can offer ideas without promising the same result. Customers, costs and support also affect how a business does.
  8. Learn what happened and try another batch · Persistence includes continuing to work and learn after a setback. Learning from the burnt batch and trying again shows it.
Worksheet · LightMySky