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Starting a Business – Ghostbusters

Category: Movies, Music & TV | Age Group: 14-16

TOPIC:

Risk versus Reward: Being an Entrepreneur

RESOURCES NEEDED:

Movie rental

LEARNING OPPORTUNITY:

Teens want to earn some extra money. When they finish school they will be looking for employment. In today’s economy this may be a challenge. They may have the skills and desire to become a successful entrepreneur. Watching the movie “Ghostbusters together will expose them in a humourous way to the concept of being an entrepreneur. It also leads to an awareness of the risks and rewards involved in starting up a business.

THE ACTIVITY:
  • Watch the movie together. (In the movie three paranormal psychologists lose their jobs at Columbia University, and go into business for themselves—funded by a second mortgage payment. A risky investment that nearly fails, but luckily New York City becomes a hot spot for ghost activity, and their business is a terrific success.
  • After watching the movie, discuss with your child questions such as:
    1. Why did they start up this business?
    2. Was it a good idea?
    3. They took out a second mortgage to finance the business. What is a second mortgage?
    4. What skill do you think a person needs to be an entrepreneur?
    5. What are the pros and cons of running a business?

 

FOLLOW UP IDEAS:
  • Open one of the following web links and suggest your child play a free online game that gives them a chance to try to run a business successfully.
  • Talk with your child about the individual businesses in your community. What made them successful?
WEBSITES: