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Speaking of News

Teaching News is Elementary

 

Program Content for February 27, 2015

 

Each week, this lesson will share some classroom activity ideas that use the newspaper or other NIE resources.  You are encouraged to modify this lesson to fit the needs of your students.  For example, some classrooms may be able to use this as a worksheet and others might need to ask and answer the questions in a class discussion. 

Please be sure to preview all NIE content before using it in your classroom to ensure it is appropriate for all of your students.

Materials you will need for this lesson: The Seattle Times e-Edition, paper, pencils.

Article: “Sock-loving sibs dip toes into business at early age”

Pages: Business A8 and A9

Date: Wednesday, February 25, 2015

 

Pre- Reading Discussion Questions: 

 

Look at the title and images on page A8. What does “sibs” mean? Would you wear the socks in the photographs? Would you like to be in business with your family? Why or why not?

 

Vocabulary: 

 

Read the following quotes and determine the meaning of the word based on how it’s used in the sentence:

 

The brothers had their moment in the spotlight when they got to pitch their company to Daymond John, a Shark Tank investor, and to George Stephanopoulous, co-anchor to ABC News’ Good Morning America, on national television.

 

(Someone who uses money to earn more money: such as by purchasing stock in a company, to buying property, etc., in order to make future profit)

 

 His mother then transfers them onto a computer, and a company in Guatemala makes the socks. Brandon is then in charge of selling the merchandise.

 

(goods that are bought and sold)

 

In addition to bringing in revenue, the company has a ‘dual mission.’”

 

(money that is made by or paid to a business or an organization)

Journal Writing Prompts: 

 

“’At the end of the day we wanted to create a brand,’ Martinez said. ’We started with socks because that’s the passion that I saw in my son, and if you don’t start off with your passion, you’re never going to continue the business.’”

 

What passions do you have which could be translated to a business? Make a list of these passions outlining the pros and cons of creating a business around them. What factors, other than passion, are important to consider when thinking about starting a business? What businesses do you know of in which the founders seem particularly passionate about the business? Do you think these businesses are more successful than other businesses which sell the same products?

 

Discussion Questions:

 

Review the excerpt and discuss the following questions:

 

“’We want to not only be a for-profit company,’ she said, ‘but also teach philanthropy to kids, which is very important to us.’”

 

What other businesses do you know of which are both a for-profit company and also do philanthropic work or teach philanthropy to kids? If you were to start a business, would you focus on being for-profit, philanthropic, or both? Why?

 

Small group discussion and activity: 

 

Sebastian is responsible for all the designs. His mother then transfers them onto a computer, and a company in Guatemala makes the socks. Brandon is then in charge of selling the merchandise.

 

How could you and your family or friends work together to make a successful business? Which roles would each individual hold? How would each person’s role best showcase his or her strengths and interests? Why do you think the socks are made by a company in Guatemala? Would you have your products mad overseas? Why or why not? Write a short “business plan” detailing the different responsibilities.

Copyright © 2015 The Seattle Times Company

 


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