Entrepreneurship for Kids™
By Galit Zamler
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The Entrepreneur as an Opportunities Identifier
By Galit Zamler

The Entrepreneur as an Opportunities identifier

Opportunities surround us all the time, and there are people who recognize them and know what to do with them. It is possible to educate students to identify opportunities, through guidance and training, from an early age.

Scanning and Listening

The entrepreneur:

An entrepreneur is a person who is attentive to the environment; he continuously scans and, when he identifies something with a chance of gaining success, he makes it an enterprise.

Shoes in Africa

The following story illustrates why identifying opportunities is good:

The story is about two businessmen who come to Africa to sell shoes.

A half an hour later, they both call their wives.

One says: My wife, do not worry, tomorrow I'll get on the plane back, no one here wears shoes, they're all barefoot.

The second says: My dear wife, I'm terribly sorry, but I cannot go back in the coming year, there is an incredible opportunity to sell shoes here; everyone goes barefoot.


In the video, "Let's Raise Kids to Be Entrepreneurs", Cameron Herold, an entrepreneur since childhood who has coached entrepreneurs for the past 20 years, says how at an early age, encouraged by his father, he had identified business opportunities and realized that his destiny was to be an entrepreneur.

When it comes to kids: Those who participate in the Entrepreneurship for Kids program learn how to identify opportunities that will drive them toward success in a personal and a business level.

Turning a Difficult to Opportunity

The entrepreneur:

The entrepreneur can identify opportunities for success. Even when there is hardly a chance, it needs to be viewed from a different angle to find out.

An example and inspiration from an entrepreneur:

In the displayed videos, Steve Jobs, a talented and respected entrepreneur, talks about the road to his success and his process.

These videos are presented to students participating in the Entrepreneurship for Kids Program in a meeting that deals with turning a difficult situation into an opportunity and, usually, they respond to the content with great amazement. This results mainly from the fact that a person who grew up as an adopted child and hasn't acquired a college degree, was fired from the company he founded, and, in spite of everything, was very successful in his field and is considered to them and the world a symbol of success.

Part one:

Part two:

Another example:

IAI CEO Itzhak Nissan described in an interview with Globes that the transformation of Israel into a superpower UAVs (unmanned aerial vehicles) began with the closure of the Lavi project:

We took the end of the Lavi very difficult. After we had recovered, we decided to transfer the technologies developed for other things, such as UAVs, and we became a superpower. We do not stop to think, improve, and expand.

Unmanned aerial vehicles

Knowing to Identify and Utilize Opportunities

McDonald's logo

Ray Kroc, affiliated with a network McDonald's, began his career as an entrepreneur when he invented a machine for making milkshakes. To sell the machines he went from store to store throughout the United States and offered them to the shop owners.

The moment when he saw an opportunity for another initiative was when he entered to sell his wares at the McDonald brothers' hamburger. After several visits to the restaurant, he realized that the fast-food concept had great potential.

The transition to the hamburgers enterprise was made gradually. Initially, he purchased a franchise for a single location, and then expanded until he acquired the entire network from the founders and turned it into an international network.

Another example:


The Israeli entrepreneur Dror Ceder, founder of Wibiya and vice president of Conduit, said in his lecture at the club of entrepreneurship of the Open University, how he worked with his partners on the project for two years and two days after the launch of the project, they decided to kill the project and move to another project, due to an error and the responses from the crowd to the error.

Watch the video (In Hebrew)