The New Youth Entrepreneur curriculum is a series of 12 youth-oriented educational modules containing instructional materials, learning activities, and checkup exercises designed to teach students key elements of entrepreneurship. This document is the second module, designed to help students define the notion of opportunity, determine sources of opportunities, identify opportunities in their schools and communities, evaluate the potential benefits or costs of an opportunity, and understand the difference between an idea and an opportunity. The first section of the module provides exercises designed to show that entrepreneurial opportunities can be found all around students, while the second section highlights six common sources of opportunities, such as general unfulfilled wants or daily annoyances that might be solved. The third section provides activities to help students develop their ability to find opportunities in their neighborhoods and schools, while the fourth section focuses on evaluating opportunities in terms of costs and risks, examining issues related to existing competition, the length of the opportunity, the market for it, and students' experience in the area. The final section presents exercises related to taking an entrepreneurial "safari," or exploring the sometimes hidden opportunities that are available. (CELCEE, an Adjunct ERIC Clearinghouse on Entrepreneurship Education) (MAB)