ENTREPRENEURSHIP — Introduction to Entrepreneurship

Subject: Pre-technical | Subtopic: Introduction of entrepreneurship | Age: 12 (Kenya)

What is entrepreneurship? 🤝

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.
💡
Be curious
Look for simple problems to solve
🧮
Count money
Learn to add and subtract prices

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)

  1. Choose what to sell or the service to offer (e.g., sweets, recharge cards, stationery, hair-braiding).
  2. Find how much money (capital) you need.
  3. Buy small stock or tools.
  4. Set prices (cost + little extra = selling price).
  5. Tell people (family, friends, classmates) about your business.
  6. Keep records: list what you bought and what you sold.
  7. 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 ✍️

  1. Draw your shop or stall on a paper. Label three things you will sell.
  2. Write a short plan using the mini business plan above (with help from a parent).
  3. Try a small safe activity for one week (like selling 5 sweets) and record what you earn.
Final tip: Start small, be honest, and save some money. Entrepreneurship is about trying, learning and helping your community.
Notes: Use adult help when handling money and any tools. Always obey school rules and Kenyan laws.

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