🎯 Lesson Objectives

By the end of this lesson, the student will be able to:

  • Understand what a business is

  • Identify basic business terms

  • Explain how entrepreneurs share ideas

  • Connect real business ideas to Shark Tank

📘 1. What Is a Business? (15 minutes)

A business is something people create to sell a product or service and earn money.

Businesses:

  • Solve problems

  • Help people

  • Earn profit (money left after expenses)

Examples of businesses:

  • Food stores

  • Clothing brands

  • Online shops

  • Apps or games

🧠 Think:
What problems do people have that a business could solve?


🧠 4. Discussion: Why Shark Tank Works

Entrepreneurs on Shark Tank:

  • Explain their idea clearly

  • Show confidence

  • Explain how they make money

  • Solve a real problem

A bidding war happens when more than one investor wants to invest.


🧠 Reflection:
Finish this sentence:

One thing I learned about business today is __________.