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Life SkillsEntrepreneurshipAges 7–9

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

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Use a disappointing result as information while allowing a safe decision to stop.

Use a disappointing result as information while allowing a safe decision to stop.

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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