Category: Entrepreneurship

NGPF Activity: Failure is Part of the Entrepreneurial Journey

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Sep 12, 2018
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Entrepreneurship, Activities
Spielberg, Disney, Einstein, Edison and J.K. Rowling. See if you can match up these wildly successful people with their early failures (answers at bottom of post): a. Was a broke, depressed, divorced single mother simultaneously writing a novel while studying. Had her original manuscript rejected by 12 publishers (bet they regret it now!).  b. As a child he didn’t start speaking until he was four, reading until he was seven, and was thought to be mentally handicapped. He was later...

Question of the Day: What's the average age of founders of the highest growth start-ups?

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Sep 10, 2018
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Entrepreneurship, Question of the Day, Research, Career
Answer: 45 Questions: Why do you think most people assume founders of high growth companies are in their 20s? What advantages does a middle-aged entrepreneur have compared to a 22-year old founder?  What types of businesses do you think a 22-year old founder might be better starting compared to someone in their 40s?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Kellogg School of...

Financial Education Explained By Danielle: Reevaluating Your Side Hustle

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Sep 10, 2018
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Career, Current Events, Employment, Entrepreneurship
Motley Fool recently released this article that detailed why side hustles could actually be costing consumers. It reminded me of a Money article that was published a few months ago, which included the findings from an MIT study about the actual hourly income Lyft and Uber drivers make after taking into account expenses like gas and repairs (don't forget the mints, too). Interestingly enough, the Money article found that “30% of Uber and Lyft drivers are actually losing money once expenses...

Question of the Day: What percent of high school students want to start their own business?

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Aug 27, 2018
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Entrepreneurship, Question of the Day, Research, Current Events
Answer: 72%  Question: Do you want to start your own business? Why or why not? Do you have any friends who have already started a business? Explain. Do you think entrepreneurship ("starting a business") is something that you are born with or can be taught?  Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom. Behind the numbers (Wall Street Journal) A 2014 study from the consultancy Sparks & Honey...

Just One Resource - NUMBER CHUG: Break Even with Soap

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Jul 18, 2018
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Just One Resource, Math, Entrepreneurship
        In this new weekly blog post, Jessica will highlight Just One Resource from our NGPF collection that maybe doesn't get the attention it deserves. Use it this week or bookmark it for later.    [The Resource]  NUMBER CHUG: Break Even with Soap The Gist: In this scenario, "April's" caught the entrepreneurial spirit and is handmaking soaps to sell for profit. Over the course of this seven-question Number Chug, students learn about revenue, cost,...

Digging Deeper: Two Cents Part II

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May 14, 2018
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Video Resource, Stocks, Mutual Funds, Entrepreneurship, Budgeting, Index Funds, Career
Since posting the first Digging Deeper on the PBS Series, a few new videos have been released.  That post seemed to be well received, so I thought I would review the new videos and post suggested questions and NGPF related links to save you a little time at the end of the school year!!!  As I mentioned before, there is a place on the Facebook page for the Two Cents video series for you to give feedback to Julia and Philip if you have big questions that you would like for them to...

Schools in the News

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May 09, 2018
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Schools In News, Teaching Strategies, Lesson Idea, Financial Literacy, Featured Teachers, Entrepreneurship, This Week In Financial Literacy
South Bay students give younger classmates a dose of entrepreneurship (The Mercury News) Inside a classroom tucked into the first floor of the Cupertino Library, presenters last Saturday discussed a range of business topics including the finer points of writing a business plan and the importance of diversity in a corporate team. As they did so, an audience of about 30 sat in earnest attention, trying to take it all in. Area schools using creative approaches to teach personal finance to...

Schools in the News

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Apr 19, 2018
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Schools In News, Entrepreneurship, Teaching Strategies, Current Events, Activities
Banking on the Future: Winooski Teacher Primes Students for Financial Success (KidsVT) When it comes to teaching kids personal finance, Vermont gets a D. The 2017 National Report Card on State Efforts to Improve Financial Literacy in High Schools — put out by Champlain College's Center for Financial Literacy — dings the state for setting "modest levels" of personal finance education in state academic standards, providing no specifics on instruction and no oversight to the school...

NGPF Podcast: Tim Talks To Entrepreneurial Educator, Brian Bean of Tomball Memorial High School (TX)

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Mar 30, 2018
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Podcasts, Entrepreneurship, Economics, Math
Brian Bean definitely took the road less traveled—though not always of his own accord—to become a teacher. After a Ponzi scheme he invested in went bust, he vowed to teach the younger generation about money management. What his students simulate in his classroom economy at Tomball Memorial High School (TX) will undoubtedly be situations they face in the “real world,” and Brian wants to prepare them as best he can. This personal finance math teacher extraordinaire has...

NGPF Podcast: Tim Talks To Co-Founder of the Community Store in Saranac Lake, Melinda Little

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Mar 23, 2018
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Podcasts, Entrepreneurship
In a little village of just about 5,400 full-time residents, the Community Store in Saranac Lake is one amazing entrepreneurial endeavor. I stumbled upon the store during a recent vacation in the Adirondacks (a 6 million acre park in upstate New York) and was intrigued by its origins. After all, who is opening new department stores? The townspeople of Saranac Lake, that's who! What makes this department store one-of-a-kind? Well, to start, it was backed by over 750 mostly local shareholders,...

Interactive: Donnesh Experiences Life Behind the Wheel As An Uber Driver

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Feb 28, 2018
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Interactive, Current Events, Career, Employment, Entrepreneurship
Thanks to NGPF intern, Donnesh Farmanfarmaian for sharing his experiences playing the Uber game.  ----------------- The Financial Times recently published a great new game that puts you in the shoes of a San Francisco Uber driver, earning fares to help pay the mortgage (you don't want to know about real estate prices in SF!). As an Uber driver, you have to think as if you are running your own business. Your goal is manage both the revenue side and expenses of "your business" to make a net...

Video Resources: How To Be a Better Team Member

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Feb 27, 2018
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Entrepreneurship, Video Resource, Career
I had lunch with an old friend who I had worked with almost 30 years ago. After a successful entrepreneurial career, he has since moved to the other side of the table and invests in start-ups. He is also someone with a strong "pay it forward" mentality. In his work advising hundreds of start-ups, he found he was often repeating himself so he created a set of videos that distill what he has learned over the years. Danielle highlighted three videos from this set that focus on building soft skills...

NGPF Podcast: Tim Talks to Alan Gersten, Developer of Entrepreneurial Talent at Century High School (Santa Ana, CA)

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Feb 16, 2018
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Podcasts, Career, Entrepreneurship, Teaching Strategies
Alan has transferred his coaching abilities from the sport's fields to the classroom, and now he trains future business leaders and entrepreneurs at Century High School in Santa Ana, California. Thanks to a grant the school received, he was able to fund the Virtual Enterprise program which inspires students to compete in the real world with passion and a wealth of knowledge. Students not only experience first-hand all of the trials and tribulations of starting a company, but compete with other...

Schools in the News (Feb. 15th)

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Feb 15, 2018
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Behavioral Finance, Personal Finance, Current Events, Career, Economics, Entrepreneurship
Financial literacy bill makes way through House (The News-Enterprise) Kentucky moved a step closer this week to making financial literacy a graduation requirement. The House Education Committee heard testimony Tuesday on House Bill 132, sponsored by state Rep. Jim DuPlessis, R-Elizabethtown. The bill requires all students to take a financial literacy course before graduating high school. Real life creates real money for area high school students (The Luminary) Remarkable play, good...

Schools in the News

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Jan 23, 2018
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Schools In News, Current Events, Entrepreneurship, Financial Literacy
Financial literacy a key to readying high school students for life (The Frederick News-Post) A $2 Slurpee once cost John Yoho $35. A young man not much older than the students he now teaches, Yoho found out the difficulties of personal finance the hard way: by making mistakes. “A lot of it was by trial and error,” Yoho said. “You don’t know what over drafting your bank account is until you go buy a $2 Slurpee and find out you don’t have the money in your...