# Malone's Cones- AP Business with Personal Finance Activity

## Метаданные

- **Канал:** Jacob Clifford
- **YouTube:** https://www.youtube.com/watch?v=kMN7UlKzDB8
- **Дата:** 09.05.2026
- **Длительность:** 6:47
- **Просмотры:** 1,314

## Описание

In this activity, students analyze Kevin Malone’s attempt to start “Malone’s Cones” from and identify the many business mistakes he makes while trying to launch a company and get a business loan. 

Students connect Kevin’s failures to real AP Business with Personal Finance concepts including marketing, pricing, communication, ethics, and business planning. This is a fun and engaging introductory activity designed to help students think like entrepreneurs while developing communication and collaboration skills.

Download the PowerPoint and worksheet for this activity 
https://www.ultimatereviewpacket.com/courses/business-teacher-samples

Join the AP Business with Personal Finance TEACHER Facebook Group
https://www.facebook.com/groups/771047818626978/

#APBusiness #PersonalFinance #Entrepreneurship #TheOffice

## Содержание

### [0:00](https://www.youtube.com/watch?v=kMN7UlKzDB8) Segment 1 (00:00 - 05:00)

Hey AP business and personal finance teachers, this is Jacob Clifford. Now if you've seen any of my professional development videos or been to one of my workshops, you know I'm all about student engagement to get them excited about the learning process. The most important time to do that is the first two days of school. So for Econ, I have a bunch of hands-on simulations. For AP business, I have four different activities you can do the first day. I'm going to show two in this video. Those are the two easiest ones. One's just a worksheet. One's this activity called Malone's Cones. Either way, it doesn't matter what you do, don't do the syllabus. Get students excited by doing an activity, getting them talking about the subject. Let's talk about Malone's Cones. Really quick, let me show you what this actually looks like. There's a PowerPoint and there's a worksheet that go along with this. They're both free. I'm going to tell you exactly where you get them at the end of the video. So my activity PowerPoints always look like this. They give you an overview. It says students will watch a video clip from The Office and analyze Kevin Malone's mistakes and then we'll talk about what he did, what he should have done, and then connect it to everything in the class. Again, there's a worksheet. This worksheet's really basic. Students fill that out along the way. Now my PowerPoints are just plug and play. It tells you exactly what to do and it includes teacher tips. So it gives you information on what you do and it's a hidden slide so you won't see this if you actually run the slideshow. Now this slide is what students would actually see. It starts off by saying mistakes are good if you learn from them and it says Kevin is probably the worst entrepreneur of all time. Then it gives the instructions. Watch the video and make a list of every bad business decision, mistake, red flag, and questionable choice that he makes. And then after the video, share your list with the partner and see if you can add more to your list. The video's about 7 minutes long and it's hilarious. Fudge the magic dragon. What are the ingredients in that? Uh ice cream. And you would make the ice cream yourself? We would just buy the ice cream in a store. Or we would make it ourself. Do you know how to make ice cream? No. [snorts] I want to stress the importance of having students work with a partner. Yes, they're going to watch the video, find mistakes on their own, then say, "Okay, ask your partner what's on their list. Talk to each other. " Cuz that's a huge part of this class is having students interact with each other. There're going to be a lot of presentations. Students have to feel really good about collaborating with partners. Do that on day one. It's really simple and easy. The stakes are super low cuz of fun little video they're doing it with. Okay, now in part two, students are going to actually learn from the failure. Um what you're going to do now is you're going to give them 10 specific things you wanted them to see if they could find. So, there's a list here of 10 different things Kevin did wrong. Again, they have their own list. This is the list that you're going to provide them and they're going to write each one of these down on the worksheet. Again, you're going to give the students 10 mistakes and to make this more engaging, have the students yell out, "I got it. " As you put these on the board, have the students identify if they added that to their list as well. The first one, he tried to use a business loan to pay off his debts. He never researched whether uh customers actually wanted his product. He cannot explain why customers should choose it over competitors. He started the business with no strategies uh and no plan and he didn't understand how to make ice cream. The list continues. Again, I don't want to ruin the video for you, but you're going to have all the students write these down. And next, you're going to have the students fill out the middle column and identify what Kevin should have done. You can have students do it individually for a few minutes and have them work with their partner and get that whole thing filled out. I've got it filled out for you. It looks like this. Don't have students write this down word for word what you have. They're going to write it down on their own. Just make sure they talk about the same idea. So, now students identify what you shouldn't do and what you should do. Now, it's time to connect it to the course. I've got a teacher tips slide that tells you kind of what to do. If you want to, you can show this video that introduces the course that talks about why students should be excited about taking AP Business with Personal Finance. Now, this slide adds more to that. AP Business with Personal Finance is designed to help you avoid making the same mistakes that Kevin made. In this class, students are going to develop skills like communication skills, which Kevin O'Leary doesn't have, real-world business knowledge, and develop financial decision-making skills. At the end, it says, "Identify which topics from AP Business with Personal Finance course best connect to each of Kevin's mistakes. " So, now students are going to fill out that far right column. So, for each one of these mistakes, students are going to look at the course topics and see if they can identify, "Where are we going to learn that in this class? " Now, keep in mind, there's a bunch of concepts students don't know. This is the first couple days of school, so they don't know PESTEL factors or SWOT analysis. Don't worry about it. After you give them a few minutes, go over the answers. Show them these are the topics that go with each one of these. Again, you're not trying to teach these concepts. You're just introducing the course and explaining how this course is going to help them make better business decisions. But, we're not done yet. To finish the activity, make sure students talk about what did Kevin do right. The best way to do this is to have a class discussion and have students share ideas. So, again, on the first day, they're used to having a class discussion cuz that's something they're going to do a lot in this class for the rest of the year. So, here is the list. The biggest one is that he brainstorms business ideas. And the last one's also important. He is super persistent. He goes to the bank twice. Now, to finish this activity, make sure to show that video from Barbara Corcoran that talks about the importance of just getting

### [5:00](https://www.youtube.com/watch?v=kMN7UlKzDB8&t=300s) Segment 2 (05:00 - 06:00)

started. — advice I could give is you don't have to get it right, you just going. I meet many people that spend so much time getting ready to be in business that they never get off the block. You don't have to get it right, you just have to get it going. Once you get it going, you'll find your way. Okay, that's it from Malone's Cones. Again, it takes between 20 and 30 minutes, introduces the course, and gets the students thinking and talking about everything they're about to learn. And remember, there's two different activities I'm going to show you. The other one is just a worksheet. It's the topic zero worksheet that talks about some key concepts that students need to know, and basically have to categorize them with their definition. Again, you're not trying to teach students here, you're just introducing topics and seeing what they already know. So, it's a simple worksheet. There's 18 different topics, and there's a bunch of different definitions. They have to match up the definition with the topic that identify is it mostly a business concept or mostly a personal finance concept. Now, if you have the time, what I would do is I would have this worksheet be the cover page and then have this other worksheet be the backside. Do the Malone's cones first and if you have the time, turn around. All right, now let's talk about specific concepts you're going to see in this class and see what you know and you don't know. So, really you can combine these two activities in just one lesson. Now, the most important thing you want to know is where do you actually get these resources? They are in my sample course. So, follow this link or the link in the description to sign up. It's going to give you an overview of the different resources I have and it's give you all the PowerPoints for unit one and the AP Essentials textbook for unit one. It'll also have sample worksheets and activities. Those are in there right now. You can download these links, both the PowerPoint and the worksheets. I can't tell you how exciting it's been to make resources for this class. I'm super excited about making more videos. Hopefully, this video was helpful. Thanks for watching. Till next time.

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*Источник: https://ekstraktznaniy.ru/video/51158*