| MERIT BADGES | 
   
  
    
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    Note:  
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Required  
        
are in Italics | 
   
 
"A" 
American
Business 
American Culture 
American Heritage 
American Labor 
Animal Science 
Archaeology 
Archery 
Architecture 
Art 
Astronomy 
Athletics 
Atomic Energy 
Auto Mechanics 
Aviation 
 
"B" 
Backpacking 
Basketry 
Bird Study 
Bugling 
 
"C" 
Camping 
Canoeing 
Chemistry 
Cinematography 
Citizenship
Community* 
Citizenship Nation* 
Citizenship World* 
Climbing 
Coin Collecting 
Collections 
Communications* 
Computers 
Cooking 
Crime Prevention 
Cycling* 
"D" 
Dentistry 
Disability Awareness 
Dog Care 
Drafting 
 
"E" 
Electricity 
Electronics 
Emergency
Preparedness** 
Energy 
Engineering 
Entrepreneurship 
Environmental
Science* 
 
"F" 
Family Life* 
Farm Mechanics 
Fingerprinting 
Fire Safety 
First Aid* 
Fish & Wildlife Mgmt. 
Fishing 
Fly Fishing 
Forestry 
 
"G" 
Gardening 
Genealogy 
Geology 
Golf 
Graphic Arts 
 
"H" 
Hiking 
Home Repairs 
Horsemanship 
 
"I" 
Indian Lore 
Insect Studies 
 
"J" 
Journalism 
 
"K" 
 
"L" 
Landscape Architecture 
Law 
Leatherwork 
Lifesaving** 
 
"M" 
Mammal Study 
Medicine 
Metalwork 
Model Design & Building 
Motorboating 
Music 
 
"N" 
Nature 
 
"O" 
Oceanography 
Orienteering 
 
"P" 
Painting 
Personal Fitness** 
Personal Management* 
Pets 
Photography 
Pioneering 
Plant Science 
Plumbing 
Pottery 
Public Health 
Public Speaking 
Pulp and Paper 
 
"Q" 
 
"R" 
Radio 
Railroading 
Reading 
Reptile & Amphibian Study 
Rifle Shooting 
Rowing 
 
"S" 
Safety 
Salesmanship 
Scholarship 
Sculpture 
Shotgun Shooting 
Skating 
Skiing 
Small Boat Sailing 
Soil & Water
Conservation 
Space Exploration 
Sports** 
Stamp Collecting 
Surveying 
Swimming** 
 
"T" 
Textile 
Theatre 
Traffic Safety 
Truck Transportation 
 
"U" 
 
"V" 
Veterinary Medicine 
 
"W" 
Water Skiing 
Weather 
Whitewater 
Wilderness Survival 
Wood Carving 
Woodwork 
 
"X" 
"Y" 
"Z" 
  
  
    
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       Entrepreneurship 
    Requirements 1998 | 
   
 
 
  - In your own words, define entrepreneurship. 
  Explain to your merit badge counselor the role of the entrepreneur in the 
  economy of the United States. 
 
  - Identify and interview an individual who has started 
  his or her own business. Find out how the entrepreneur got the idea for the 
  business and how the entrepreneur recognized it as a market opportunity. Find 
  out how the entrepreneur raised the capital (money) to start the business. How 
  well is the business doing? Report what you learn. 
 
  - Do the following: 
  
    - Write down as many ideas as you can think of for a 
    business. Get ideas from your family and friends. From your list, select 
    three ideas that you believe are the best opportunities for you. 
    
 
    - Explain to your counselor why you chose these three 
    ideas rather than the others on your list. 
 
    - For each of the three ideas that you chose, prepare 
    a list of questions that you would ask potential customers. 
 
    - For each of your three ideas, informally interview 
    potential customers, using the lists of questions from requirement 3(c). 
    Report what you learn. 
 
    - Using the information you have gathered, choose the 
    one idea that you feel is your best business opportunity. 
 
   
   
  - Conduct a feasibility study of your business idea by 
  doing all of the following (briefly writing or explaining each item to your 
  counselor): 
  
    - Good or Service 
    
      - Identify your business goals. Tell how you will 
      make the good or perform the service. 
 
      - Determine whether it is technically feasible 
      (practical or doable). 
 
      - Determine how you can make enough of the goods or 
      provide enough of the service to meet your business goals. Explain how you 
      will accomplish this. 
 
      - Identify and describe the potential liability 
      risks of your good or service. 
 
      - Determine what type of license you might need in 
      order to sell or make your good or service. 
 
     
     
    - Market 
    
      - Determine who your customers are. Identify the 
      type of person who would buy your good or service. 
 
      - Describe the unique benefits of your good or 
      service. 
 
      - Tell how you will promote and sell your good or 
      service to potential customers. 
 
     
     
    - Finances 
    
      - If you are selling a good, determine how much it 
      will cost to make one prototype. 
 
      - Calculate the selling price of your good or 
      service. Explain how you determined the price. 
 
      - Tell how you will sell your good or service and 
      make a profit. 
 
      - Determine how much money you will need to start 
      your business. Explain how you will get the money. 
 
     
     
    - Personnel 
    
      - Determine what parts of the business you will 
      handle yourself. Describe your qualifications for the work. Determine how 
      your business responsibilities will fit into your schedule. 
 
      - Determine whether you will need additional help 
      to operate your business. If you will need help, describe the 
      qualifications your helpers should have and what duties they will perform.
      
 
     
     
   
   
  - Do TWO of the following. 
  
    - Sketch a prototype of your good or write a 
    description of your service. 
 
    - Create the prototype. List all of the materials you 
    used to make your prototype. Calculate the cost of all the materials and 
    labor to compute the total cost of making your prototype. 
 
    - Design a promotional poster or flier for your good 
    or service. 
 
    - Project (estimate) your sales through the first 
    three months of operation. Calculate the profit you expect to make. 
    
 
   
   
  - When you believe that your business idea is feasible, 
  start your business. Show evidence that you started your business (sales 
  receipts, for example, or photos of the good). Report to your counselor the 
  results of your venture.
 
 
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