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The Power of an Entrepreneurial Mindset | Bill Roche | TEDxLangleyED

TEDx Talks

1.1M views 8 years ago

Warm-up Questions

When you hear the phrase “entrepreneurial mindset,” what do you think it means?
Do you think schools should teach business and entrepreneurship? Why or why not?
What skills do you think students will need most in the future?

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The Power of an Entrepreneurial Mindset | Bill Roche | TEDxLangleyED

A classroom experiment and what mindset means (00:00 – 03:25)

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1. What condition did the speaker give the class before starting the business project?

They had to present their idea to parents first
Everyone had to agree unanimously to work with him
They had to donate all profits to charity
Only students with high grades could join

2. What changed the disengaged student’s attitude?

He was promised extra homework credit
He saw his friends already working on marketing
He learned students would be in charge and keep the profits
He was told the project would be short and easy

3. According to the speaker, what is the key question he raises near the end of this segment?

Are business plans outdated?
Can an entrepreneurial mindset be nurtured?
Is marketing more important than product design?
Should every student become an entrepreneur?

The Power of an Entrepreneurial Mindset | Bill Roche | TEDxLangleyED

The young entrepreneur program and student examples (03:25 – 09:07)

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1. What is the “young entrepreneur show” most like?

A trade show
A sports tournament
A job interview
A science fair with experiments

2. Why was Tyler unsure about his sock puppet design?

He was not allowed to talk to customers
He decided the puppet idea was not original
He ran out of materials for the puppet
His survey data showed no general consensus on some features

3. What was the speaker’s advice to the boy whose Christmas ornaments were not selling?

Lower the price immediately
Move to a different corner of the gym
Stop selling ornaments and sell something else
Step back and look at what customers are seeing

The Power of an Entrepreneurial Mindset | Bill Roche | TEDxLangleyED

Why the process matters: mistakes, reflection, and broader benefits (09:07 – 16:21)

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1. What does the speaker say students need in order for the project to work?

Daily tests on business vocabulary
Strict rules and one correct path
Freedom to make mistakes and chances to reflect
Only teacher-led decisions

2. What tip does one student give other young entrepreneurs “purely for fun”?

Spend your profits immediately
Always bring a calculator
Never talk to strangers
Wear deodorant

3. In one example, what did a student decide to donate to charity instead of 10%?

90 percent
40 percent
25 percent
50 percent

The Power of an Entrepreneurial Mindset | Bill Roche | TEDxLangleyED

Transcript will load here…

1. What is the speaker’s main message about entrepreneurship for young people?

Entrepreneurship cannot be taught; it is purely natural talent
Only future business owners need entrepreneurial abilities
Students should focus on profits more than learning
Entrepreneurial mindset and skills can help many students succeed in school and life

2. Which idea best summarizes why the program motivates students?

Students memorize business definitions for exams
Students watch videos about famous entrepreneurs
Students get real responsibility and do something meaningful and relevant
Students compete to impress teachers with perfect behavior

3. What does the talk suggest about mistakes in learning entrepreneurship?

Mistakes should be corrected only by the teacher
Mistakes are evidence that students are not ready for business
Mistakes should be treated as learning opportunities
Mistakes should be avoided because they reduce profits

Discussion Questions

Discuss the ideas from this video

The Power of an Entrepreneurial Mindset | Bill Roche | TEDxLangleyED

Do you agree that students should have “freedom to make mistakes” at school? What might that look like in real classes?
Which story from the talk (a product, a sales problem, a reflection quote) felt most convincing to you? Why?
How could a school teach an entrepreneurial mindset without focusing too much on money and profit?
What is one “entrepreneurial” problem in your community that students could try to solve with a simple product or service?