Learning from Failure
Not every business idea works; entrepreneurs try, fail, learn, and try again; iteration and resilience as core entrepreneurial skills; famous failure-to-success stories
Teaching approaches
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1 approach
If your child's first attempt at a project or business idea didn't work out, would they see it as a chance to improve rather than a reason to give up?
Not every business idea works; entrepreneurs try, fail, learn, and try again; iteration and resilience as core entrepreneurial skills; famous failure-to-success stories
Learning resources
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Check understanding
- Give an example of a famous entrepreneur who failed before succeeding
- Explain what they would do differently if a business idea didn't work the first time
- Describe why failing and trying again is better than giving up
“If your child's first attempt at a project or business idea didn't work out, would they see it as a chance to improve rather than a reason to give up?”
Curriculum record
- Type
- Conceptual
- Subject
- Life Skills
- Domain
- Entrepreneurship
- Age range
- Ages 7–9