Young Entrepreneur School
Students learn to unleash their creativity, innovate and solve real-world problems in imaginative ways. This entrepreneurial journey also teaches them to rely on their own abilities and make decisions autonomously.
They build key life skills like problem-solving, communication, leadership and financial literacy. They become confident leaders with values. They grow their confidence and develop a passion for learning.
Mentors
Business mentorship and entrepreneurship programs are the key to helping young entrepreneurs create their startups with a clear roadmap for long-term success. The experts at GrowthMentor transfer their decades of institutional and professional knowledge to guide startup entrepreneurs in the right direction.
It’s easy to get caught up in the hype surrounding tech darlings and their flashy CEOs, but it’s crucial for young entrepreneurs to look to their own communities for role models. “Beyond celebrity entrepreneurs, look for leaders who build up other leaders,” writes teen entrepreneur and speaker Anna Brekken in the Huffington Post. This type of behavior conveys wisdom and strategic foresight, qualities that youth need to develop their own leadership skills.
As part of YEP, student participants are assigned a local business entrepreneur as their mentor. Effort is made to match the interests, goals, values, and personality of the student with the experience of the mentor. This is to ensure a mutually beneficial learning experience for both parties.
Field Trips
Taking business field trips allows students to see the theory that they learn in class put into practice. This can help students relate to the material and understand it better, which can be particularly beneficial for those who struggle with learning through traditional methods.
The Young Entrepreneurs Academy is a life-changing program that positively impacts students and the community. The hands-on curriculum teaches students to develop and run a real enterprise through its fun, project-based approach. Students generate ideas, conduct market research, write a business plan, pitch to a panel of investors and launch their own businesses!
YELL Entrepreneurship 12 is a year-long high school course that introduces students to entrepreneurship. Teachers cover core concepts of entrepreneurship and engage with guest speakers, successful entrepreneurs, and business mentors. Classes also go on educational field-trips and participate in a final investor panel and trade show. All students are encouraged to apply for a scholarship to reduce the cost of tuition.
Business Models
The young entrepreneurs school gives students the opportunity to create and run their own business. They work with expert faculty mentors who provide thought provoking content to help develop their entrepreneurial mindset.
They learn how to develop a business model and use it to analyze risks, identify funding needs, and design revenue streams. This enables them to focus their efforts on building their company while also gaining valuable resume-worthy experiences.
TYE participants are creating businesses in a wide variety of sectors. From a chocolate factory to a healthy bakery and a sustainable scrap yard, the students’ ideas show their creativity, passion, and determination. These entrepreneurs will change the world! One example is Nzambi Matee, who developed a machine that turns discarded plastic into building materials. These bricks are lighter and more durable than concrete and can be used to pave walkways for schools and homes. They also reduce the need for new cement, allowing communities to transition from a linear economy toward a circular one.
Pitching
A business pitch is a brief presentation that describes a new business idea. It is often used by entrepreneurs to raise funds or gain support from potential customers. This type of event can help students develop their communication skills and learn how to prepare a business plan. The Wyoming Afterschool Alliance website has a set of activities that can guide a class or club through the process.
Students at the Possible Project created their own businesses and presented them to a panel of judges. In this way, they learned the value of hard work and perseverance. They also gained valuable experience preparing a business model and identifying customer needs.
Young entrepreneurs are a force for economic growth. They are a vital source of creativity, motivation and leadership. Developing these skills at an early age is essential for success in both academics and career paths. It teaches them to think about their own futures and gives them confidence in their ability to make it happen.
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