Grade 7 Pre-technical ENTREPRENEURSHIP – Introduction of entrepreneurship Notes
ENTREPRENEURSHIP — Introduction to Entrepreneurship
Subject: Pre-technical | Subtopic: Introduction of entrepreneurship | Age: 12 (Kenya)
Entrepreneurship means starting a small business or activity that sells goods or services to others. A person who starts and runs a business is called an entrepreneur. Entrepreneurs solve problems and create value for people.
Simple words (Key terms)
- Entrepreneur — a person who starts a business.
- Enterprise — the business or activity.
- Goods — things you can touch and sell (e.g., sweets, mandazi, kiondo).
- Services — jobs you do for others (e.g., haircut, tutoring).
- Capital — money you need to start (e.g., KSh 200 to buy snacks).
- Profit — money left after paying costs.
- Customer — a person who buys from you.
Why entrepreneurship is important in Kenya 🇰🇪
- Creates jobs for young people and families (small stalls, kiosks, jua kali workshops).
- Helps people earn money to pay school fees and support their households.
- Uses local resources — for example, selling maize, vegetables, or making craft kiondos.
- Encourages creativity and solving problems in your community.
Traits of a young entrepreneur (you can learn these)
- Hardworking — you must put in effort every day.
- Honest — keep good relationships with customers and parents.
- Friendly — good service brings more customers.
- Organised — keep money and goods safely.
- Creative — think of new ideas like selling cold soda on a hot day.
Steps to start a small business (easy)
- Choose what to sell or the service to offer (e.g., sweets, recharge cards, stationery, hair-braiding).
- Find how much money (capital) you need.
- Buy small stock or tools.
- Set prices (cost + little extra = selling price).
- Tell people (family, friends, classmates) about your business.
- Keep records: list what you bought and what you sold.
- Save some of your profit in a safe place (piggy bank or bank with a parent).
Example: A simple profit example
Buy: 10 mandazi for KSh 50 each → Cost = 10 × 50 = KSh 500
Sell: Sell each at KSh 100 → Revenue = 10 × 100 = KSh 1,000
Profit = Revenue − Cost = KSh 1,000 − KSh 500 = KSh 500
Use part of the profit to save and part to buy more stock.
Safe and fair business rules
- Always ask your parent or guardian for permission before starting.
- Do not sell harmful items or disturb school lessons.
- Give correct change and be honest with customers.
- Wash hands and keep food clean if you sell snacks.
Small business ideas for 12-year-olds in Kenya
- Selling fruits, snacks or bottled water at school (with permission).
- Helping neighbours with shopping or fetching water for a small fee.
- Making and selling bead jewellery or kiondo decorations.
- Offering tutoring to younger pupils.
- Petty tailoring or mending clothes.
- Collecting and selling recyclable plastics to a buy-back centre.
Mini business plan — fill this out
Business name: ___________________________
What I will sell or do: ____________________
Who will buy it (customers)? ________________
How much money to start (capital)? KSh __________
How much I will charge: KSh __________
How I will keep records: ___________________
How much to save each week: KSh __________
Class activity / Homework ✍️
- Draw your shop or stall on a paper. Label three things you will sell.
- Write a short plan using the mini business plan above (with help from a parent).
- Try a small safe activity for one week (like selling 5 sweets) and record what you earn.