Category: Entrepreneurship

Quiz: What does it take to be an original thinker?

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Sep 08, 2019
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Entrepreneurship, Interactive, Quizzes, Research
From Adam Grant, comes this 15 question quiz (5 minutes) that would be great for your career and/or entrepreneurship unit. It also delivers insights that you might find helpful in your own job.  Here's a link to the quiz.  Good questions to lead a discussion: Which answer was most surprising to you? For me it was the question about morning people (of which I am clearly one!) Did you discover any interesting insights that you can use in your own life from the quiz?  Your friend...

NGPF Podcast: Evan Marwell of EducationSuperHighway on the challenge to bring high-speed broadband to all schools

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May 17, 2019
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Entrepreneurship, Podcasts
  Evan Marwell was a man on a mission when he founded EducationSuperHighway in 2012. A data driven entrepreneur he analyzed technology at K-12 schools and didn't like what he saw. While many assumed that schools had adequate bandwidth to deliver new technology tools into classrooms, what he found was a huge difference between that perception and reality. Then he created a non-profit to tackle this problem. Evan will take us on his entrepreneurial journey over the past 7 years, his lessons...

Interactive Monday: Celebrate Uber's IPO By Playing the Uber Game

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May 12, 2019
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Interactive, Entrepreneurship
Uber went public on Friday...the result was less than uber with the company's stock price ending the day 8% BELOW the IPO price. Highly unusual as the underwriters (the investment banks) work hard to get that "first day" pop to capture headlines and captivate the investing public. Instead the headlines on Friday night were "Congratulations to the worst performing IPO in history." Let's put Uber the investment aside and play the game that students love: The Uber Game (courtesy of the Financial...

NGPF Podcast: Tonya Van Court of Goalsetter focused on creating savings habits in young people

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May 03, 2019
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Podcasts, Entrepreneurship, Savings
All research points to the importance of developing savings habits when you are young. We can all attest to the importance of goal-setting in helping us accomplish things. Tanya Van Court founded Goalsetter with those two research findings in mind. It's not enough in Tanya's mind that kids save, she wants them to LOVE saving. By gamifying that process she hopes to create that life-long savings habit. Enjoy   Details: 0:00~1:38 Introduction 1:38~6:50 Early money lessons from her...

NGPF Podcast: Tim Talks to Troy Murphy, A Retired NBA Star Applies His Talents to Financial Advising

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Apr 12, 2019
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Podcasts, Personal Finance, Entrepreneurship
After a successful 12-year NBA career, Troy Murphy went back to school, earned his degree and is now starting a financial advisory firm. Why? To teach those lucky few who experience sudden wealth to manage their money effectively, from establishing a spending plan to creating model portfolios with low-cost index funds. Troy shares how he managed his first professional contract, some of the highlights of his NBA career and what motivated him to start his new firm. Troy describes the unique...

NGPF Podcast: Tim Talks to Ignacio Aguirre, founder of Snowball Financial Education

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Apr 05, 2019
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Podcasts, Entrepreneurship
Ignacio Aguirre is on a mission to use his creative talents to build games that teach young people about money. In this podcast, Ignacio shares his entrepreneurial journey, the inspiration for his "big idea" and how his start-up combines three of his interests. You will also hear how he uses his time with students to gather feedback so he can continuously iterate on his games. Enjoy!  Details: 0:00~1:11 Introduction 1:11~7:03 Igancio’s background and first investments 7:03~8:38...

NGPF Podcast: Tim Talks To Chegg President and CEO Dan Rosensweig

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Feb 01, 2019
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Podcasts, Paying for College, Entrepreneurship
From PC Magazine to CNET to Yahoo to Guitar Hero to Chegg, Dan Rosensweig has had a fascinating front-row seat in seeing (and sometimes driving) the paradigm shifts in tech as it has evolved from the PC to the Internet to the cloud. In this wide-ranging and fast-paced conversation, Dan shares his thinking behind leaving Guitar Hero to join a then simple textbook rental company (Saying ‘hey I am the CEO of guitar hero’ then going to say ‘i rent textbooks’... you can...

Question of the Day: What is the #1 reason people contribute to crowdfunding sites (e.g., GoFundMe and Kickstarter)?

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Jan 20, 2019
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Question of the Day, Generosity, Entrepreneurship
Answer: To help a person in need Questions: How would you define a "person in need?" Have you ever contributed to a crowdfunding site?  If so, what was the reason you contributed? If not, do you plan to contribute in the future? Who would have the greatest influence on getting you to contribute on a crowdfunding site?  28% of people who contributed didn't know the person that they were contributing to. What do you think led them to give?  Here's the ready-to-go...

Question of the Day: Can you name ONE of the three top reasons that start-up companies fail?

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Jan 15, 2019
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Question of the Day, Entrepreneurship, Career
Answer: No market need Ran out of cash Not the right team  Questions: Why do you think it is so hard for start-ups to figure out what the market needs? Think of a company in your town that has done well (i.e. has lots of customers, always busy, been in business a while). Name three factors that you think led to their success. You want to start a company and know the importance of having a great team. What skills/traits would you look for in potential employees? Here's...

NGPF Podcast: Tim Talks to LendStreet Founder and CEO Jerry Nemorin

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Dec 07, 2018
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Podcasts, Entrepreneurship
From a young, impressionable age, Jerry Nemorin “[watched] family members’ parents play whack-a-mole with bills and debt.” He wanted to change the fate of not only his family but consumers in the U.S. who had experienced the same financial ordeal. Thus, LendStreet was born in the depths of the 2008 Recession, and it has been helping consumers manage their debts in a sustainable way whilst also helping them rebuild their credit score. Hear more about the company’s origins...

Podcast episodes with founders of Instagram, Spotify and Slack for your budding entrepreneurs

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Oct 15, 2018
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Entrepreneurship, Podcasts
I started business school with my mind set on getting a job at an investment firm. I really enjoyed investing in stocks for my own personal account and thought how cool it would be to do that for a living (It only took a year in that role to dispel that notion). The most popular club on campus, however, was not the Investment Club but rather than the Entrepreneurship Club which also drew me in. What made the club so appealing? The guests. Founders of companies large and small came to campus from...

Question of the Day: What's the median hourly wage for an UberX driver?

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Oct 15, 2018
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Entrepreneurship, Question of the Day, Career, Research, Employment
Answer: $14.73 Questions:  What are the factors that lead to such wide variations in median hourly wages between cities?  What costs would an Uber driver incur which would reduce their hourly income? Do you think these median figures have been increasing or decreasing compared to three years ago? Explain your answer. Uber now has over 2 million drivers globally. What do you think attracts them to drive for the company?  Here's the ready-to-go slides for this Question...

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...