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LESSON: LITTLE NINO’S
PIZZERIA
Lesson Summary
Nino makes
the best pizza in the world. His best helper is his son, Tony. Tony
likes to help his father at their small family restaurant, but
everything changes when Little Nino's becomes a fancier place. Nino
learns an important lesson about being an entrepreneur and about
happiness.
Concept: Entrepreneur
Definition: An entrepreneur is someone who takes
the risk to develop a new product or start a new business.
Comprehension Questions
How
could you tell Little Nino's was a successful business?
The
restaurant was very popular. People came from all over town and
waited in long lines.
Who made the business decision to
open a larger, fancier restaurant and close Little Nino's?
Nino. He could do this because he was an entrepreneur and
owned the business.
Explain why Nino decided to open a
new restaurant to replace Little Nino's?
He wanted to make lots
more money - more profit.
Why did Tony miss Little
Nino's?
He was not able to help his dad as much in the fancy
restaurant. He was always "in the way."
List the reasons why Nino was not
happy as the owner of a fancy, expensive restaurant.
He missed
making pizzas; there was too much paperwork; he was tired of money talk.
What did Nino like best about being
an entrepreneur?
He liked being in charge of a smaller, less
complicated business where he could concentrate on making the
pizzas.
Why do you think Nino changed the
name of the restaurant to Little Tony's Pizzeria?
Tony was his
best helper and Tony missed the smaller restaurant.
Are entrepreneurs always successful
in their businesses?
No, many new businesses fail. Successful
entrepreneurs will often tell you that they failed many times before they
became successful. Also, entrepreneurs must work very hard to
continue to be successful. New competition and a changing business
environment means that one can never "rest on one's laurels."
Do you think Nino made the correct
decision? What would you have done in his situation?
Answers
will vary, but it is not unusual for people to confront this kind of
dilemma as they advance in their careers.
Other Concepts: Producers, Consumers, Profit | 
