27 Sep Youth Entrepreneurship – Part One
Into College Business Course Curriculum
The need for encouraging our youth to embrace an entrepreneurial spirit is more crucial than ever. According to the New York Times, we may be heading into a “Startup Slump.” As the economy continues to improve and the unemployment rate stays low, the trend leans toward fewer people considering the opportunity of opening their own business.
As the author of Readi-Set-Go! A Simple Guide To Establishing A Successful Small Business, I truly believe you can find personal development and economic sustainability during any stage in the economy when you open up your own business. The personal satisfaction of building something from the ground up and the knowledge that it is your business will continue to make owning a small business a sustainable goal.
My mission is to educate the public on how to develop a small business. One of my main concerns is youth entrepreneurship. Youth entrepreneurial programs are opening up all over the world and giving our youth the opportunity to be creative, grow their ideas and establish sustainable jobs. The youth hold the keys to our business future.
I am developing a curriculum focused around my book, Readi-Set-Go! A Simple Guide To Establishing A Successful Small Business. My blog will take you through the process of adapting my material in an Introduction to Business College Course.
Step One – Students were given a copy of my book, Readi-Set-Go, A Simple Guide To Establishing A Small Business. They were asked to read chapter one, Why Do Businesses Fail?
Step Two: After reviewing the chapter, the students were asked to choose one of the reasons that interests them and to expand upon that reason by telling me in one to two paragraphs what that means to businesses and start-ups today?
The most popular responses were:
*Fear of Success
*No Business Plan
*Lack of support
A Sample Essay Response from one of the students, Diamond.
To begin with, the book “Readi-Set Go!” by Stephanie A. Wynn is about the importance of a business. This book is for people that are either interested in starting a business or have recently started one.
There are many ways that a business can fail, for example, letting your emotions take control, the lack of support that one is receiving, not listening to the customers, lack of a business plan, failure to delegate, and fear of success. With that being said, all of these are important when trying to start and run a successful business, but I feel as if the most important one is the fear of success because without trying to succeed and be excellent, your business won’t get far.
Having a fear of success is not good because one wouldn’t understand what comes behind the success if they are just in fear of their success. In other words, we are unable to visualize a future for ourselves if we hold onto fear which keeps us moving forward with anything we do in life!
Stay tuned for Week Two results, when I introduce the students to the different types of business entities.