Category: Entrepreneurship

Reading List for October 15-17

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Oct 15, 2021
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Current Events, Economics, Entrepreneurship, Investing
Economics There has been a lot of economics news this week about inflation, the unusual labor market, and the Nobel Prize. NPRs Planet Money explains who the Nobel Prize winners in Economics are, and what their contribution means to the field. Go empiricists!  We have talked about “shrinkflation”—same price but smaller package. Now we also have “shadow-inflation”—same price but less service. (NYTimes or Seattle Times) Consumer prices as measured by the...

EdPuzzle Thursday: Do You Really Want to Be Your Own Boss?

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Aug 26, 2021
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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 from TwoCents titled "Do You Really Want To Be Your Own Boss?" discusses the many hats you will wear (CFO, Human Resources, Marketing Director, & Sales) if you want to be your own boss. ...

NGPF Podcast: Ennie Lim co-founded HoneyBee to improve financial wellness in the workplace

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Aug 20, 2021
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Podcasts, Entrepreneurship
You will be inspired by Ennie's story of how her own personal financial challenges motivated her to start HoneyBee. Honored by Inc. Magazine as a top female founder, Ennie has created a business at HoneyBee that combines the best of fintech while retaining a socially oriented mission. Listen as she describes how HoneyBee's products and services increases financial wellness in the workplace through a combination of a "rainy day fund" and financial education. [Full disclosure: I am an investor...

My Classroom Podcast: Candice Matthews Brackeen, the Founder and CEO of Lighthouse

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Jun 22, 2021
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Entrepreneurship, Podcasts
My Classroom is a short NGPF podcast series devoted to supporting the efforts of teachers. Each week we will speak with different teachers & professionals who will share timely tips, resources, and strategies that can be implemented immediately into the classroom. This week we have the pleasure of speaking with Candice Brackeen.  The Wall Street Journal named Mrs. Brackeen a Top 10 women venture capitalists for 2020. She will share what students and teachers should know about...

NGPF Podcast: Julie Beckham of Rockland Trust (MA) is Ms. Money & The Coins

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May 28, 2021
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Podcasts, Personal Finance, Entrepreneurship
How does an Acting major from NYU apply her skills to the financial education world? She creates an interactive, musical presentation that teaches elementary-aged students about money. What a fun conversation this was with Julie Beckham! Hear about her award-winning program, the questions she hears most often from students and how to establish presence in the classroom. Enjoy! Details: 0:00~6:56 Current Events with MissBeHelpful: Pandemic Savings Boost 6:56~8:24 Introducing this Week’s...

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 [Black History Month]: 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....