Scary Entrepreneur Stories for Halloween: Jared T. Schlosnagle Overcomes a Challenge
All entrepreneurs have business challenges. But try being a teenager and taking it on! That takes grit. This “Scary Halloween Story” and fantastic lesson presented to you by the owner of Chelsea’s Eggs.
Name: Jared T. Schlosnagle
Business: Chelsey’s Gourmet Pasture Eggs
About: Jared Schlosnagle of Pleasureville, KY, has been involved in the egg farming business since age 10, and today owns Chelsey’s Gourmet Pasture Eggs, which distributes to retailers and grocery stores such as Whole Foods.
Bragging rights: Jared was selected as a top five finalist for 2011 Young Entrepreneur of the Year by the National Federation of Independent Business Young Entrepreneur Foundation from among 4,000 nationwide candidates.
Nice! Chelsey’s Eggs is owned by Jared and his sister Chelsey.
Jared’s “Scary Business Story” (The Challenge):
“By having your own business you face many challenges as your business grows. I have had my own business since I was around nine years old and I have faced many challenges and obstacles that have lead me to my success today. Running your own business can be very frustrating sometimes, but if you learn to deal with the challenges you face, there will always be reward waiting for you later on down the road. I would like to share with you one of the challenges I have faced in my many years of business, and tell you what I learned from this experience.
Last year I was interested in participating in the St. Mathews Farmers Market in Louisville, Ky. So I went on the internet and found the online application for the farmers market. I filled it out and sent it in, later on I got a call from the manager of the market. He said we could get in the market, but only if we cooked our food, since the market was already full of vendors. My sister and I decided to take a food safety class so we could get a license to cook at the market. We walked in the class and it was a bunch of older people, we stood out like sore thumbs. That is when I realized that having your own business at an early age gives you a huge advantage over someone that starts their business when they get out of college, because you have so much more time to learn and expand your business.
Well the first day of the farmers market finally arrived and I had to wake up at 5:00 am on my saturday morning, that was a challenge itself. But the real challenge came at the farmers market. I set up my two burners and started cooking omelets and within ten minutes I had fifteen orders up and I was still on the fifth order. Eggs were flying everywhere and I was still trying to get the hang of cooking them. By the end of the day I cooked over sixty some omelets at seven dollars each and I was exhausted.”
The Scary Story Lesson:
“The lesson behind this story is to never give up when you meet a challenge. No matter how tired you get and want to quit, if you keep on going it will always pay off in the future. If I never faced obstacles in my business, there is no way it would be what it is today. So for young entrepreneurs that have there own business, if you fail, don’t give up. Keep your head up and move on, and prepare for the next challenge.”
1. What “scary story” have you experienced that turned out as NOT scary or even – as in Jared and Chelsea’s case – and advantage? Discuss.
2. As a follow on to question 1, consider completing exercises in Module 1 of the Entrepreneur in the Classroom free curriculum. Do you have the traits and mindset of an entrepreneur? Looking at challenge as an acceptable and regular part of life, school, business is a key part of being an entrepreneur. Is this okay with you? Why or why not?
Extra: What other traits can you imagine are necessary to be an entrepreneur?
Extra (for parents, educators, entrepreneurs, and advanced students): Google the book Mindset by Carol Dweck. Find a summary or an article that describe’s the books views on how to take on unlocking the key to viewing challenge.
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.
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