Unit 17

Are you an Entrepreneur?

Pronunciation Correction

1. First paragraph reading 2. Second paragraph reading 3. Third paragraph reading 4. Fourth paragraph reading 5. Fifth paragraph reading 6. Sixth paragraph reading

Key Vocabulary and Phrases

1. The more you _______the bigger you get is common knowledge to most people.

2. Warren Buffet is able to spot trends in the ______________.

3. Fund - Venture capitalists fund ___________. 4. Dormitory - The dormitory costs __________per

semester.

Key Vocabulary and Phrases

5. _____________has the highest net worth in Korea. 6. Accuse - Never accuse someone without __________. 7. Cliché - It’s raining like __________is so cliché. 8. Glory - Real __________of Rome fought for glory.

Key Vocabulary and Phrases

9. Narrative - The narrative surrounding white men just can’t __________is just untrue. 10. Acumen - Warren Buffet is famous for his _________acumen. 11. Execute - The key for any business is to execute its _____________. 12. He was the self-proclaimed champion of the world.

Key Vocabulary and Phrases

13. Conceivably - Conceivably, one day there will be __________cars. 14. Attribute - The attributes of a healthy life include_________________. 15. Where you are _________plays a role in how successful you become. 16. First generation Korean Americans faced a lot of ____________.

Key Vocabulary and Phrases

17. Many Korean companies lay off workers when they are ___________. 18. Conversely - Conversely, the less money you have the easier it is for you to spend. 19. Out of necessity, many laid off workers start their own ______________. 20. Entrepreneur – Entrepreneurs play a special part in the economy because ____________.

Idioms and Expressions Explain the Meaning

1. Common knowledge2. To pick your shots3. Fall squarely on your shoulders4. No such thing as a free lunch 5. To call the shots

Idioms and Expressions Explain the Meaning

6. Putting everything on the line 7. Bank on it 8. Striking gold 9. Big-leagues10. Two peas in a pond

Conversation Questions

1. Why do some nations or regions produce more entrepreneurs? What factors lead to an entrepreneurial environment? 2. Is entrepreneurship more about skill or luck? 3. Where do most entrepreneurs get their ideas?

Conversation Questions

4. Is it wrong to steal someone’s idea and to make a lot of money? Would you do it, if given the opportunity? 5. Is it foolish to borrow money from family and friends to start your business? 6. What is the purpose of being an entrepreneur? Are the purposes the same with being a small business owner?

Conversation Questions

7. What are the best industries to start a business in for the next 10-20 years? 8. What traits do entrepreneurs have in common?

Conversation Questions

9. Is invention born out of necessity or creativity? 10. Who is the most successful entrepreneur or small business owner you personally know? How did they reach their success?

Homework

Listen to the talk by Seth Godin: How to get your ideas to spread

http://www.youtube.com/watch?v=xBIVlM435Zg