Category: Entrepreneurship

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...

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...