Entrepreneurs: Value Beyond Profit
The contributions of entrepreneurs to society Including Aboriginal and Torres Strait Islander entrepreneurs Year 9 NSW Commerce
WALT - We Are Learning To
Understand how entrepreneurs contribute to society Identify different types of value creation Explore Aboriginal and Torres Strait Islander entrepreneurship respectfully Analyse value beyond profit
Respectful Learning Acknowledgment
Today we learn about entrepreneurs including Aboriginal and Torres Strait Islander entrepreneurs We will not generalise all First Nations businesses We use public and reliable sources only Culture, Country and community are treated with respect We do not ask Aboriginal or Torres Strait Islander students to speak for their communities
Hook: Profit or Impact?
Entrepreneur A: High profit, popular products, 5 employees Entrepreneur B: Good profit, local jobs, community programs, cultural connection, environmental care Question: Who contributes more to society? Worksheet Question 1
Success Criteria
I can define entrepreneur and entrepreneurship I can identify 5 types of contributions to society I can analyse how Aboriginal and Torres Strait Islander entrepreneurs create value I can design a business that creates multiple types of value
Key Terms - Let's Build Our Vocabulary
Entrepreneur - someone who creates value by responding to problems or opportunities Social enterprise - business that aims for social benefit AND income Contribution - positive impact on community or society Self-determination - communities making their own decisions Value creation - making things better for people
Quick Check: Key Terms
Turn to your partner and explain: What's the difference between an entrepreneur and a social enterprise? Give an example of a 'contribution' to society Why might 'self-determination' be important for Aboriginal and Torres Strait Islander communities?
Five Types of Contribution
Economic - jobs, wages, taxes, suppliers Social - solving problems, improving wellbeing Cultural - celebrating identity, sharing stories Environmental - caring for Country, reducing waste Community - mentoring, local support, creating pathways
Contribution Sort Challenge
Read each example Decide if it's Economic, Social, Cultural, Environmental, or Community Examples: Creates 20 local jobs / Runs free coding classes / Celebrates Indigenous art / Uses solar power / Mentors young entrepreneurs
Review: Contribution Types
Economic: Creates jobs, pays wages, supports suppliers, pays taxes Social: Solves community problems, improves wellbeing, provides education Cultural: Celebrates identity, shares stories, builds cultural pride Environmental: Reduces waste, uses renewable energy, cares for Country Community: Mentors others, supports local initiatives, creates pathways
Value Beyond Profit
Profit is important for business sustainability But entrepreneurs can create value in many ways Jobs, culture, community wellbeing, environmental care Success isn't just measured in dollars
Aboriginal and Torres Strait Islander Entrepreneurship
Creates employment opportunities Strengthens cultural identity and pride Supports community wellbeing Enables self-determination Increases supplier diversity Cares for Country Provides education and awareness Creates pathways for future generations
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