Category: Entrepreneurship

Question of the Day (AAPI Heritage Month): What company, founded by an Asian American, creates computer chips that power games like Fortnite and Minecraft?

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May 12, 2021
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Question of the Day, Entrepreneurship
Answer: Nvidia was founded by Asian American Jensen Huang in 1993 and he remains CEO and President today (#186 on the Forbes 500 list too)  Questions: What are the skills that you need to start a company? What are the skills that you need to lead a large company with a 28 year history?  Do you think it's unusual to have a founder, like Jensen Huang, still involved in a business 28 years after it was founded? Why or why not?  Huang was separated from his parents at a young age...

NGPF Podcast: Eva Yazhari describes her approach to impact investing

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Apr 24, 2021
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Podcasts, Entrepreneurship, Investing
Details: 0:00~8:52 Current Events with Missbehelpful: Guaranteed Access to Personal Finance Education 8:52~9:28 A word from NGPF 9:28~10:47 Introducing this week’s guest: Eva Yazhari, Co-Founder and CEO of Beyond Capital 10:47~12:39 Early money lessons 12:39~14:48 Transition from college to Wall Street 14:48~17:28 Life as an investment banker  17:28~19:05 What is impact investing? 19:05~20:58 Similarities and differences between impact investing and ESGs 20:58~22:12 What is venture...

Question: How many new jobs have been created in the U.S. since the pandemic hit in March of 2020?

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Apr 04, 2021
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Question of the Day, Entrepreneurship
Answer: 4.4 million Questions Based on the chart above, were most of these new businesses likely to hire employees or were they started by solo entrepreneurs?  Do you know anyone who started a business in the last year? Why do you think that so many new businesses were started in the middle of a pandemic?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Peterson Institute) Despite a health catastrophe and one of the...

NGPF Podcast: Northwestern's Donna Wang Su on why college students need financial education too

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Apr 02, 2021
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Podcasts, Financial Literacy, Personal Finance, Entrepreneurship
 While NGPF's original focus was on creating curriculum for the high school student, we know that only 1 in 5 high schoolers are guaranteed to take a course. So, no surprise that most college students lack financial skills and are in need of this essential course. The good news is that there are amazing educators like Donna Wang Su in colleges across America to fill in the gaps. In this podcast, Donna will share the distinct challenges that entrepreneurs face in managing their personal...

Question of the Day [Women's History Month]: Whitney Wolfe Herd became the youngest self-made woman billionaire when she took what company public in February 2021?

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Mar 14, 2021
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Question of the Day, Entrepreneurship
  Answer: Bumble, the online dating app Questions: What does it take for someone to become a CEO of a billion-dollar company? What characteristics do think describe Whitney Wolfe Herd? Whitney Wolfe Herd became a billionaire when her company, Bumble, "went public" in 2021. What does that mean and how does it change a company? Have you ever had a "billion-dollar idea"? What is it and how could you pursue it with an entrepreneur's mindset? Click here for the ready-to-go...

NGPF Podcast: Ty Allan Jackson and Dr. Abdullah Al-Bahrani and the story of Danny Dollar Millionaire Extraordinaire

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Feb 26, 2021
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Podcasts, Entrepreneurship, Investing
Call it serendipity. Who knew that Ty Allan Jackson's son setting up a successful lemonade stand would set in motion an amazing sequence of events? A fruitless trip to a book store in search of a kid's book about money led to Ty writing that book. When outreach to 147 publishers came up empty, Ty persisted and went the self-publishing route. Later, Abdullah would reach out to Ty and the collaboration would lead to a curriculum built around the Danny Dollar Millionaire Extraordinaire book....

Question of the Day [Black History Month]: How did Madame CJ Walker become the first American woman to be a self-made millionaire?

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Feb 22, 2021
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Question of the Day, Entrepreneurship
Answer: She invented a line of African American hair products and promoted them by traveling around the country giving lecture-demonstrations and eventually established Madame C.J. Walker Laboratories to manufacture cosmetics and train sales beauticians. Questions: What characteristics do you think Madame CJ Walker had that made her such a successful entrepreneur? Why was it important that Madame CJ Walker not only invented an important product, but also committed time and energy to share it...

Question of the Day: What is the largest Black-owned business based on their 2018 revenue (sales)?

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Feb 21, 2021
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Question of the Day, Entrepreneurship
Answer: World Wide Technology (WWT) founded by David Steward with $11.2 billion in revenue Questions:  The founder, Dave Steward, has grown WWT to 5,000 employees. What do you think are the challenges that a founder faces when managing a larger organization?  If you had the opportunity to interview Mr. Steward, what would you ask him?   What do you think are the keys to success with technology companies? Click here for the ready-to-go slides for this Question of the Day...

Question of the Day: What was the first Black-owned business listed on the New York Stock Exchange (NYSE)?

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Feb 16, 2021
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Question of the Day, Investing, Stocks, Entrepreneurship
Answer: Black Entertainment Television (BET) was founded by Robert Johnson, America’s first Black billionaire, and his company was listed on the NYSE in 1991.  Question: How does a company benefit from being listed on a stock exchange? The founder, Robert Johnson, noted that his first job was managing a paper route as a kid. What lessons do you think he learned from that experience? Why do you think BET was such a successful business?  Click here for the ready-to-go slides for...

Question of the Day: What percent of businesses fail within the first five years?

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Dec 16, 2020
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Question of the Day, Career, Employment, Entrepreneurship
Hat tip to the group in the NGPF Virtual PD: 5 Career Resources in 50 Minutes who came up with this question. Answer: About 50% Questions:  Do you know anyone who has started a business?  What do you think are the reasons that businesses fail?  Resource to help answer that question.  Does research like this encourage or discourage you from wanting to start a business?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom....

NGPF Podcast: Teachers Talking Side Hustles: A Beekeeper, Etsy seller and speciality apparel retailer

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Dec 05, 2020
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Podcasts, Entrepreneurship
Listen to this podcast and be inspired by these teacher entrepreneurs: Susan Stinson of Southern Regional Middle School (NJ), Carin Zinter of Holyoke Community College (MA) and Carrie Hentz of Hudson High School (WI). What struck me from this conversation was their fanatical level of customer service which is such a key ingredient to the success of any business. Thanks to Susan, Carin and Carrie for sharing your stories. Enjoy!  Details: 0:00~1:31 Introduction 1:31~15:34 Teachers...

NGPF Podcast: CJ McDonald on building a banking solution for kids

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Nov 06, 2020
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Podcasts, Entrepreneurship
Details: 0:00~0:58 Introduction 0:58~1:52 CJ’s background 1:52~6:25 Early money lessons 6:25~9:12 Working in sales  9:12~11:23 Importance of persistence  11:23~15:49 Lessons learned as an early entrepreneur 15:49~20:21 On starting Step 20:21~20:46 A word from NGPF 20:46~23:53 What Step offers 23:53~25:20 How much young people spend on banking fees 25:20~28:03 Credit building features 28:03~28:59 How Step makes money 28:59~33:05 On user acquisition  33:05~36:03 Starting to...

Fill in the blanks: Applications to start new businesses have __________ by ________% in 2020.

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Sep 29, 2020
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Entrepreneurship, Question of the Day
Answer: Applications to start new businesses have increased by 19% in 2020, the fastest growth rate since 2007.  Questions: What types of businesses do you think people are starting now?  Do you think it's a good idea to start a business during a recession? [here's 14 successful companies started during a recession] What are some of the risks of starting a business?  Here's the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind...

EdPuzzle Thursday: How Do You Legally Set Up a Business?

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Sep 23, 2020
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EdPuzzle Thursday, Entrepreneurship
EdPuzzle is a great platform to test for knowledge while students watch a video and learn remotely. We will be releasing new EdPuzzle videos here on the blog each week so that your students can answer questions that are directly embedded within engaging videos.  This week's EdPuzzle video titled "How Do You Legally Set Up a Business" discusses how to build a business the right way and the differences between a sole proprietorship, partnership, LLC, and S-Corp.    Interested in...

NGPF Speaker Series: Ryan Craig and Eric Tyson Discuss Innovative Alternatives To College

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Jul 24, 2020
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Podcasts, Entrepreneurship, Employment, Paying for College
The NGPF Community was fortunate to have an amazing set of speakers this week for our latest installment of the NGPF Speaker Series. Venture Investor Ryan Craig joined personal finance guru Eric Tyson to discuss both alternatives to college and for those choosing the college pathway, strategies to keep the cost of that degree to a minimum.    Here's some of the feedback from the teachers who attended the live event: "Incredibly eye-opening session about alternatives to colleges."...