Skip to main content
FLC
Back to the lesson plan

Prints on letter paper. Turn off headers and footers in your print settings for the cleanest copy.

Financial Literacy Club

learnwithflc.org

NameDatePeriod

Entrepreneurship · Lesson 1

Finding Problems Worth Solving

Part A. Guided notes

Fill in each blank using the word bank.

Word bank: clues · people · problem · reachable

  1. Start with a , not a product.
  2. Frequent, painful, already patched, .
  3. Workarounds are proof care.
  4. Complaints are .

Part B. Check your understanding

Circle the best answer.

  1. 1. Which is a problem rather than an idea?

    • A. "I want to start a clothing brand."
    • B. "Students waste 20 minutes every lunch waiting in line."
    • C. "Apps are a good business."
    • D. "I should make something with AI."
  2. You find that people already use awkward workarounds for a problem, like spreadsheets or asking friends.

    2. What does that suggest?

    • A. The problem is solved, so move on.
    • B. People care enough to put in effort — a sign the problem is real.
    • C. Nobody would ever pay for a solution.
    • D. You should copy the spreadsheet.
  3. 3. A problem that happens once every few years is usually a stronger business opportunity than one that happens weekly.

    True/False

Part C. Apply it

Show your work.

  1. 1. Rewrite the idea “an app for students” as a specific problem statement.

  2. 2. Which test does this fail: “People who own left-handed pogo sticks can't find repair shops”?

Part D. Think about it

Answer in complete sentences.

  1. 1. What's a problem you or your friends deal with every week?

  2. 2. Why do you think so many people start with an idea instead of a problem?

Exit ticket

Name

Why is a workaround a good sign when you're looking for a problem to solve?