Creating a new generation of entrepreneurs is one of this country’s greatest needs; that is why we are so excited to open the scholarship process to a new class of young entrepreneurs. Each year, the quality of applicants who have pursued the scholarships is extremely impressive and this year, our expectations are even higher. We at the NFIB Young Entrepreneur Foundation could not be more confident in our next generation of business owners. Any high school senior with a budding business and an innovative spirit is encouraged to apply.
The National Federation of Independent Business Young Entrepreneur Foundation (YEF) awarded budding business owners its highest honors, naming Lei Lei Secor the 2014 Young Entrepreneur of the Year, and Zach Haney, the inaugural Dan Danner Leadership Award winner. As the winner of YEF’s top two prizes, Ms. Secor, who resides in Hagaman, NY, will receive a $15,000 educational scholarship to attend the University of Virginia, and Mr. Haney, who resides in Topeka, KS will receive a $15,000 educational scholarship to attend Washburn University.
It’s summer break, which means you, as an educator should be enjoying your vacation. So instead of providing more entrepreneurial education resources, NFIB’s Young Entrepreneur Foundation would like to thank you for a job well done. Sparks and Honey has just released a report about Generation Z (born 1995 to present). The report is fascinating, and covers a wide range of topics about what makes Generation Z unique. Especially interesting to us is the idea that Entrepreneurship is in the DNA of this generation. We believe a lot of that DNA make up has to do with you.
It’s almost summer, which means educators across the country need to find a way to engage their students in creative and fun ways. As a way to teach entrepreneurship, why not have your students engage in a lemonade stand? Spring weather is great inspiration for both student salesmen and potential customers. How should an educator go about teaching entrepreneurship through a lemonade stand? Here are 5 easy steps:
The Huffington Post recently wrote an article from the perspective of what parents should pay a babysitter. This article caused NFIB’s Young Entrepreneur Foundation to think that perhaps young entrepreneurs need to think about what to charge their customers for services too.
Check out the different decisions these four high school business owners had to make after high school, and what they’ve learned from those business decisions. These are four great real world examples of what young entrepreneurs face each day.
Teaching entrepreneurship isn’t on the forefront of most educators’ minds. But it should be! What makes a successful entrepreneur? The same things that make a responsible adult—financial literacy, communication skills, hard work, creativity, organization and so much more. So let’s teach our young people the importance of entrepreneurial life skills!