Freshman Seminar

Thursday, April 17, 2008
Ms. Kirshner – Freshman Seminar, periods 3 & 4

AIM: How will we know how much money we will need to start our businesses?

DO NOW: How much money do you think you will need to start your business “right”?
Explain. (For example, motivate with -- where will you need to spend, and on what?)


Go over the Do Now question and student responses with them with “scribe” on board/paper and have them copy down the responses. Direct them next to the B-Idea Slide of the 5 slide page of the packet we started yesterday. We completed the top two slides yesterday. If not completed you must do so.

If students ask why is the slide (4) the same as the DO NOW question, tell them that it is SO IMPORTANT that is why I must make sure they answer the question and put it on the sheet itself. While the “scribe” is upfront, WALK AROUND AND CHECK THEIR WORK and answer questions and help them individually. Have them share their responses in a Share-out with the scribe in front.

Direct them to also complete the slide about Competition, slide 3, since we covered Competition previously and they know all about it and can complete that slide easily now.

Last 5 minutes of class: 10:33 p. 3 and 11:24 p.4 direct students to summarize. How did you decide on the answer you gave about how much money you will need to start your business?

HOMEWORK: Yesterday’s homework was to prepare a presentation about your new business idea, how you came up with the idea and what the product or service is and how you will advertise/promote it and why people will want it vs. something else.

You will continue to develop the presentation. Tonight research the costs online of advertisements, the costs of advertising with a full page, half and quarter page ads in the New York Times, in People Magazine, and in local publications, like the free Metro news, local papers and other publications like the School Newspaper. Research online, also how much it costs to advertise with a banner ad on a website. How much would it cost to photocopy 5000 fliers at Staples or OfficeMax? These are things you can do by asking and going online to find out. If you don’t have the Internet at home, go online in the library, NYC Public Library or the school library. DO Advertising cost research and bring in your results tomorrow.