Louisiana Administrative Code › Title 28 - EDUCATION › Part CXLIII - Bulletin 128-Entrepreneurship Content Standards › Chapter 3 - Strands, Standards, Benchmarks, and Objective › Section CXLIII-301 - Strand One: Traits and Characteristics

Current through Register Vol. 50, No. 6, June 20, 2024
A. Focus. Entrepreneurs typically exhibit
				certain traits that set them apart from others. This strand focuses on those
				personal characteristics that are important-both now as students and as working
				adults in a knowledge-based economy.
B. Standard 1. Students will identify
				personal characteristics associated with entrepreneurs.
Benchmark 1-A. Identify Personality Traits of
							 Successful Entrepreneurs
1-A-1
Demonstrate ethical work habits
1-A-2
Demonstrate creativity
1-A-3
Exhibit enthusiasm for goal attainment
Benchmark 1-B. Identify and Use Team-Building
							 Strategies
1-B-1
Share authority appropriately
1-B-2
Be sensitive to feedback and use it to understand
							 yourself
1-B-3
Cultivate mentoring relationships with individuals
							 in their entrepreneurial areas
Benchmark 1-C. Demonstrate the Importance of
							 Entrepreneurship in the Economy
1-C-1
Define entrepreneurs
1-C-2
Explain what entrepreneurs do
1-C-3
Describe opportunities that led to the development
							 of successful entrepreneurial endeavors
Benchmark 1-D. Identify Long-Term Goal and
							 Short-Term Objective for Self-Improvement
1-D-1
Recognize and apply criteria for self-development
1-D-2
Explain the meaning of self-esteem
1-D-3
Explain the impact of conflict between real-life
							 experiences and a person's self image
1-D-4
Confront the reality of mistakes or failures and at
							 the same time maintain self-esteem
1-D-5
Visualize improvements in their personality that
							 will allow them to reach their full potential
1-D-6
Develop plans for achieving self-improvement goals
							 and objectives
Benchmark 1-E. Recognize Ideas and Methods
							 Needed for Professional Development
1-E-1
Explore career opportunities in business and
							 entrepreneurship based on current/future economy
1-E-2
Identify and utilize sources for career information
1-E-3
Utilize resources that can contribute to
							 professional development (e.g., trade journals, professional trade
							 associations, seminars, trade shows, mentors, etc.)
C.
				Standard 2. Students will examine thought processes and behaviors associated
				with entrepreneurship.
Benchmark 2-A. Use the Decision-Making Process
							 to Develop a Career Plan
2-A-1
Explain the decision making process
Benchmark 2-B. Recognize Effective
							 Time-Management Strategies
2-B-1
Discuss the benefits of time management strategies
Benchmark 2-C. Identify Business Etiquette
2-C-1
Discuss the importance of etiquette
2-C-2
Distinguish between appropriate and inappropriate
							 etiquette
Benchmark 2-D. Assess the Opportunities for a
							 New Business
2-D-1
Demonstrate an understanding of entrepreneurial
							 discovery
2-D-2
Describe idea generation
2-D-3
Generate venture ideas
2-D-4
Determine feasibility of ideas
Benchmark 2-E. Examine Financing
							 Opportunities
2-E-1
Determine and assess the opportunities for venture
							 creation
2-E-2
Define start
2-E-3
Compare the relationship of financing to other
							 entrepreneur functions
2-E-4
Discuss the importance of building financial
							 relationships
2-E-5
Compute the cost of credit
2-E-6
Compute the cost of extending credit
Benchmark 2-F. Develop Exit Strategies
2-F-1
Explain the need for continuation planning
2-F-2
Describe methods of venture harvesting
AUTHORITY NOTE:
				  Promulgated in accordance with
				  R.S.
				  17:6(A)(10).