Posts filed under ‘Resources’

Mentoring and Reverse Mentoring: The Key to Entrepreneurial Self-Confidence. 10 steps for Parents, Teens, and Gen Y at Work and at Home

Quick mentoring steps we can all take whether we’re parents, teens, in the workplace, or Gen Y Millenials being mentored, or mentoring, or somewhere in between.

Continue Reading January 24, 2012 at 2:44 pm 3 comments

Top 5 Resources for Young Social Entrepreneurs

The buzz of social entrepreneurship is on. It inhabits dormitory halls and high schoolers’ texts. It’s well beyond a trend. Social entrepreneurship is a movement.

Well-known leader of the pack Ashoka has the following thought-provoking statement on its website:

Over the past two decades, the citizen sector has discovered what the business sector learned long ago: There is nothing as powerful as a new idea in the hands of a first-class entrepreneur.

Here are some go-to places, in key must-know categories, to keep yourself apprised of developments in the social entrepreneurship field. Will you found the next Tom’s Shoes?
1. Money.  Looking for money for a social venture? You can raise money just as you would for a regular business. Beyond the traditional methods of raising money (self, friends, banks, investors), try the following clearinghouses for additional capital:

See discussion questions at the bottom for additional Entrepreneur in the Classroom resources.

2. Information:  #socent on Twitter will take you to the latest  social entreprenership Twitter stream. You may have to comb through it to see what’s what, but you’ll definitely see what’s new.
3. People. Tracking down and studying the the top social entrepreneurs provides access to instant mentors. Below are dozens of successful social entrepreneurs from which we can all take notes.
  • In 2010 TedxYSE was held by Youth Venture and the Staples Foundation to give the world’s most inspiring young changemakers a platform to share their powerful stories. See their videos here.
  • Future 100 – The Future 100 Awards recognize the success of UK-based young entrepreneurs aged 18-35 who demonstrate entrepreneurial flair and innovation in progressing a responsible business venture.
  • Four Young Social Good Entrepreneurs to Watch (Mashable)
4. Competitions. Competitions are a great way to cement your idea, meet key players, and seal deals.
5. Legal. You know it’s real when legal and policy regulations start changing to meet the social entrepreneurship world.
  • Here is an article on changes in forms of legal incorporation to accomodate social ventures. Are you going to be one of the innovators ahead of the pack ? Be sure to get a great lawyer who is familiar with the forms. There are additional filing requirements, so get smart. With innovation, often come additional responsibilities.
  • Related to “money” – above – crowdfunding at certain levels in the US  is a violation of the Securities Act of 1933. For instance, if you are profitable, or try to give people a share of that profit, it puts you in the same league as a publicly-traded company that sells securities. Follow #crowdfunding on Twitter and keep up with the experts, like Woodie Neiss.

Discussion Questions

1. Developing the social venture idea. In Module 2 of the Entrepreneur in the Classroom free curriculum there is a Mind Mapping exercise in which the student takes and area of interest and develops it into a business idea through brainstorming.  Use the Mind Mapping exercise for a social venture that has “double M” (mission and money).

2. Characteristics of the social entrepreneur. Allow the students to review the entrepreneurial profiles discussed in #3, above, and pick a favorite.  Does the social entrepreneur resemble the traits they would expect of a typical small business person described in Module 1 of the Entrepreneur in the Classroom free curriculum? Yes, no, maybe? Discuss.

3. Watch and discuss the below video on Tom’s Shoes:

More information

Know a Young Entrepreneur? Nominate them here.

The NFIB Young Entrepreneur Foundation is a 501(c)(3) organization promoting the importance of small business and free enterprise to the nation’s youth. More information is available at www.NFIB.com/YEF.  The Foundation is associated with the National Federation of Independent Business; NFIB is the nation’s leading small business association, with offices in Washington, D.C. and all 50 state capitals.

Entrepreneur In The Classroom. The NFIB Young Entrepreneur Foundation Entrepreneur-in-the-Classroom (EITC) supplemental curriculum exposes students to entrepreneurship and the necessary steps to take an idea and turn it into a business. The free curriculum can be integrated into classes teaching a variety of subjects including music, art, fashion, business and many more. You must be registered to view the full Entrepreneur-in-the-Classroom curriculum.

Related links:

Follow NFIB Young Entrepreneur Foundation on Twitter

Follow NFIB on Twitter

Follow blog author Kathy Korman Frey on Twitter

December 22, 2011 at 5:29 pm 17 comments

Coleton Lunt: Artist, Hiking Guide, Showcases Diversity of Entrepreneurship

It’s important to recognize that that entrepreneurship is not limited to “typical business.” Be sure to ask for the Alternative Exercises of this free, Powerpoint entrepreneurship curriculum (registration required). It showcases thediversity of entrepreneurship, as does our entrepreneur profile of today: hiking guide and artist Coleton Lunt.

Continue Reading June 16, 2011 at 6:23 pm Leave a comment

Best Free and Low Cost Resources for Small Business Owners

Here are the top free and low-cost online resources for small business courtesy of our young entrepreneur profile from April, Grade A Marketing founder Amanda Fisher.

Continue Reading May 13, 2011 at 5:47 pm 27 comments

Best Business and Education Opportunities for Veterans and Active Military

On this Memorial Day, we’d like to highlight members of the business and educational communities stepping forward to honor our military personnel with opportunities and supportive resources.

Continue Reading May 31, 2010 at 9:25 am 1 comment

Top Low Cost and Free Small Business Tools – Part #4 The Best of the Rest

This is the final post in our series of low cost and free business tools for small business. Today, we’ll approach the area of cheap business resources just as you might: Googling! After each listing, we’ll evaluate who makes it in this post and why. For educators, this can also be a good exercise in critical thinking and filtering skills for students in this era of information overload.

Continue Reading January 25, 2010 at 6:10 pm 8 comments

Top Low Cost and Free Small Business Tools – Part #3 For the New Year

Today for the new year, your blog author weighs in with some tips for small business tools that are:
1. Free or low cost, 2. Help start off the new year right for you both personally, and in business, and
3. Proven

Continue Reading January 1, 2010 at 11:39 am 5 comments

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