January 2008 Issue

JANUARY 2008 $2.50 US

FUTURE CEO STARS In This Issue Spreading the Entrepreneurial Bug

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Réseau des CJE du Québec

Business Ventures Entrepreneurship Program

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Home Builder’s Institute David Hogg and his younger brother, Jake 6

January 2008 In This Issue…

Celebrating Future CEO Stars!

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The Consortium for Entrepreneurship Education has been providing leadership for over 25 years. Our primary focus has been assisting instructors, which has been quite successful, but we still felt something was missing…and that something was direct communication with the students.

Spinning Toward Success NFIB Young Entrepreneur Foundation

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Adopting Business Practices David Hogg

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What Is An Entrepreneur?

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Creating Change University of Florida

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Spreading the Entrepreneurial Bug Réseau des CJE du Québec

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Social Entrepreneurship Is Part of the Deal NY REAL

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Business Ventures—E. Program Home Builders Institute

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Networking and New Ideas IL Institute for Entrepreneurship Education

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An Image Makeover Learning From Lawncare Utah State Office of Education

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“NEW” Innovation National Entrepreneurship Week 2008

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Not Just Playing Around Prominent Youth, Inc.

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Anup Myneni and Gabrielle Marie Strike National Museum of Education

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Each issue has feature articles dedicated to stories written by students that tell the secrets of their entrepreneurial success. Our hope is that this magazine will motivate, educate, and stimulate young people to follow their examples and chase their own dream. Founder of National Entrepreneurship Week, the Consortium for Entrepreneurship Education is a non-profit collaborative representing 90+ member organizations from national, state and local levels. Together we represent over 40,000 teachers and more than two million students. Our common bond is the philosophy that “to be successful in the emergence of a new global marketplace, entrepreneurship education should be a critical component of the overall education experience as a lifelong learning process.”

Le Petit Gâteau

www.entre-ed.org/_contact

Singing the Praises of Networking Packeropoly Marketplace for Kids

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Our mission is to create a monthly publication that features successful young entrepreneurs from Consortium member organizations…designed to generate the entrepreneurial mind-set!

Emily’s Advice

Ashleigh Cole

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Thus, Future CEO Stars was born.

We invite readers to meet the Consortium members at:

National Council on Economic Education

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Knowing that “experience is the best teacher”, we decided that who better to communicate with potential young entrepreneurs than young entrepreneurs themselves!

Ask GoVenture MediaSpark

31 Our Sponsors

Learn about the Young Inventors Hub at: www.younginventorshub.com

Join us!

Published by The Consortium for Entrepreneurship Education 1601 W Fifth Ave. #199 Columbus, OH 43212 www.entre-ed.org [email protected] Publisher: Dr. Cathy Ashmore Editor: Michael Ashmore Graphic Design: MediaSpark Inc. Graphic Artist: Jeff MacNeil Publishing Advisors: Soorena Salari, Young Inventors Hub Al Abney, Consortium Advisory Council Annual Subscription Available - $25.00 Contact: [email protected]

Applications for NFIB’s 2008

Young Entrepreneur Awards Now Available Online High School Seniors Encouraged to Apply Today the five finalists will be named the 2008 Young Entrepreneur of the Year and will be awarded an additional $5,000 for a total scholarship award of $10,000. The NFIB Young Entrepreneur Award program was established to raise awareness among the nation’s youth of the critical role that private enterprise and entrepreneurship play in growing America’s economy. Since 2003, the NFIB Young Entrepreneur Foundation has awarded 1,538 scholarships to graduating high-school seniors totaling $1,609,000.

Washington, D.C., November 13, 2007 —Do you know an up-and-coming entrepreneur? Encourage them to apply for the 2008 Young Entrepreneur Awards, a program of the National Federation of Independent Business Young Entrepreneur Foundation. The sixth annual scholarship program for high-school seniors is designed to promote and

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 advocacy association, with offices in Washington, D.C. and all 50 state capitals. Founded in 1943 as a non-

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encourage entrepreneurship endeavors among teenagers in America. Award recipients attend the university, college, community college or career institute of their choice with $1,000 in tuition assistance from the NFIB Young Entrepreneur Foundation. Five students will be named finalist winners and will receive a $5,000 scholarship. One of

“Encouraging students to pursue their entrepreneurial aspirations is the key mission for NFIB’s Young Entrepreneur Foundation,” said Hank Kopcial, executive director of NFIB’s Young Entrepreneur Foundation. “We have been extremely impressed with the quality of applicants that have applied for the Young Entrepreneur Awards over the past few years and are excited to learn about the innovative ideas that this year’s students will produce.” For more information about the YEF Awards please visit: www.nfib.com/YEA At this site, students can apply for a scholarship online or download an application. For the online application process, students will need the ACCESS KEY = NFIB. The deadline for applying for a 2008 YEF Award is February, 11 2008.

profit, nonpartisan organization, NFIB gives small and independent-business owners a voice in shaping the public policy issues that affect their business. NFIB’s powerful network of grassroots activists send their views directly to state and federal lawmakers through our unique member-only ballot, thus playing a critical role in supporting America’s free enterprise system.

Future CEO Stars

January 2008

©iStockphoto.com, Sergei Sverdelov

Spinning Toward Success

Viktor Adalsteinsson

BY VIKTOR ADALSTEINSSON ver since I was a child, I have been interested in electronics and engineering. While most kids were shopping at Toys-R-Us, I would enjoy spending the day at Radio Shack picking up electrical components for my various projects. It was probably natural that my fascination with mechanical and electrical items eventually led to music-making.

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When I was eleven years old, I became intrigued with sound mixing, amplification, and reproduction. I soon got my first pair of speakers on e-Bay and a $15 DJ mixer. It occurred to me that I could launch a business as a DJ! I made calls to members of the parent-teacher organization (PTO) and volunteered my DJ services at the school’s “open gym,” when kids gathered to socialize and play games. My big break came when I was hired by the school to DJ a large fundraiser carnival. Thus, my career as a DJ began. As I began booking jobs, I expanded my collection of music, printed up business cards, and became known in our area. Since 8th grade, I have operated my own professional DJ business and I Future CEO Stars

January 2008

continue to provide music services at events ranging from dances and parties to anniversary dinners and wedding receptions. My jobs are based in the Kennett Square, PA region (Southern Chester County), and I have never worked for another DJ firm. My website is www.djvik.com I have enjoyed being an entrepreneur because I have controlled exactly how I want my business to be and the extent that I want it to grow. I have learned a tremendous amount about being organized and responsible, plus I’ve met an amazing cross-section of people. The main obstacle that I faced was my age. There were times when clients were surprised that a 14-year old was DJing their wedding reception. I learned to write detailed, professional contracts for events to prove that they were dealing with a real businessman. Additionally, I subscribe to national music services, and I’ve been able to put profits into equipment upgrades. Thus, my DJ business is on par with (if not better than) other major companies in the region. While most DJs are out for a quick profit by using cheap equipment and charging

top dollar, I have realized the importance of reputation. Therefore, I use professional equipment that does not fail on the job. Receiving the NFIB Young Entrepreneur Award has encouraged me to reflect on what has made my DJ business a success. I have learned that word-of-mouth is the most powerful and effective marketing technique. I have booked well over a hundred jobs based on performing well at events and handing out my business cards to pleased and potential clients. In all, having a good reputation, a professional image and planning long-term have helped me succeed in my business venture.

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Adopting Business Practices BY DAVID HOGG, AGE 6

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i, my name is David Hogg and I am in first grade. I live in the Charlotte, North Carolina area. I am a “Kid with Character” (according to the award I received at school this year, anyway). I’m a straight A student and I love to read. I also like to learn about computers. My little brother, Jake, and my dog, Blue, are my best friends. I love all sports, but especially baseball and soccer. You can tell when I win because there is usually a big smile on my face. I have the most fun, though, when I am helping people. Even though I am only 6 ½ years old, I started a fund raiser to help raise money for my new cousin Bin. Bin is 10 years old and he is deaf. He has been waiting his entire life for a family and now he is being adopted from China by my Aunt Lisa and Uncle Mike. I wanted to help them, because adoption is expensive. Three months ago I sold brownies in our front yard and made $180 (I was excited when some people left money, but didn’t take a brownie, because then I could earn more to help Bin!) We had three more bake sales at a shopping center near my home and made more and more each time. Then I created a website (with the help of my Mom) called www.boys4hire.info. Everyone uses computers, so I knew we could get the word out about Bin to people we didn’t even know. I told everyone I could think of about our website and asked them to pass it on. We’ve gotten money and emails from people all over the world and I like finding the different places on the globe. We’ve even had some famous people donate, like Candace Cameron from the TV show Full House, author Karen Kingsbury, Whitney Houston’s rep and even Congresswoman Sue Myrick! When I received $38 from my classmates at school, I almost ran out of breath when I got off the school bus to tell my mom. Boy, was I proud, because I was helping kids my own age see that giving makes you feel really good. We made a chart to follow our fund raising progress and since we have been receiving money almost every day, seeing the graph grow is the best! We have $3,000 so far and have until the end of February 2008 to make our goal of $10,000. I know we can reach it as long as we keep trying and don’t give up!

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Future CEO Stars

January 2008

Goal-Oriented Positive Attitude Opportunistic

Passion

What Is An Entrepreneur? T

he word “Entrepreneur” is used a lot these days. According to Wikipedia an Entrepreneur is “a person who operates a new enterprise or venture and assumes some accountability for the inherent risks.” This seems like a pretty simple definition for a fairly complex concept. To really understand what an Entrepreneur is it is important to look at what separates them off from the rest of the crowd. Drive – Entrepreneurs are typically very driven people. They work hard and don’t mind doing it. A 40 hour work week is for the other guy; many Entrepreneurs have that much time in by Thursday morning. To succeed they know that watching the clock is not part of the deal. Their “life” and career are often one in the same. Passion - Entrepreneurs are very passionate about what they do. Sometimes to the point of obsession, their career is one of the biggest focal points in their life. They talk it, live it, breathe it, and are always thinking about how they can make it better. Positive Attitude – The word “can’t” isn’t often found in a true Entrepreneur’s vocabulary. Of course this is an exaggeration, but the reality is Entrepreneurs tend to have a “can do” attitude that keeps them thinking creatively and goes a long way toward solving problems that others would walk away from. Creativity – Although it is an over-used concept, Entrepreneurs really do think “out of the box.” They don’t base all their ideas on the way things have always been done. They know an idea is only crazy if it is not accepted. “Crazy” becomes “pure genius” if it sells, which it often does.

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Opportunistic – This idea has gotten a bad reputation (probably by those that weren’t clever enough to think of the idea first) but Entrepreneurs take advantage of opportunities when they present themselves. They are willing to take on the risk of failing in order to take a chance to succeed. Goal-Oriented – Entrepreneurs set achievable goals and use them as a driving force for their success. They know what they want and they go after it. They understand that these sometimes must be altered but it often takes a lot to change them. Long-Sighted – Entrepreneurs tend to be able to see the big picture. They can see beyond short-term losses, challenges, and difficulties that tend to blind others. They know that these are merely hurdles that they have to clear to reach their long-term goal. Tenacious – Entrepreneurs tend to be “never say die” in their attitudes. They don’t give up easily. If they get knocked down, they get up, dust themselves off and come back swinging even harder. These are just a few of the many and varied characteristics that make an Entrepreneur a unique breed compared to the “Nine to Fivers” of the world. They also tend to be responsible, inquisitive, self-assured, competitive and dependable. As you can see, an Entrepreneur is far more than just someone who “starts a new enterprise or venture.” Considering that you are reading this article, you already knew that!

Future CEO Stars

May 2009

©iStockphoto.com, Gino Santa Maria

Drive

National Entrepreneurship Week is a Celebration of the American Entrepreneurial Spirit. It was established and confirmed by the US House of Representatives (HR 699) in 2006. It was created to provide a chance to show the world what you and Entrepreneurship Education are REALLY all about. As an Entrepreneur you know an opportunity when you see it, so get involved in your community today…

To Learn More go to www..nationa alewww.com

Feb 23 to Mar 1, 2008

Creating Change BY ANYA KROYTOR

Anya Kroytor

For more information about the UF Young Entrepreneurs for Leadership & Change Summer Program 2008, see www.ufyoungentrepreneurs.org or email [email protected]

Future CEO Stars

January 2008

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rowing up in a family full of entrepreneurs, risk taking became second nature to me. Unlike many people who play it safe, I tend to look at problems, challenges and situations with an attitude of “what if?” The obvious extension of this attitude to my career after school was, of course “what if I were to start my own business?” What if I were to take a risk? Then I was given the chance not only to find the answers to that question but to actually experience it first hand. I was fortunate enough to be selected for an opportunity of a lifetime to participate in the “Young Entrepreneurs for Leadership and Change” summer program at the University of Florida. As I expected, this program taught me a lot of the basics that I needed to know about entrepreneurship but I also gained some things beyond these basics. This program allowed me to unveil my passion, which lies in making a difference in the world through applied Social Entrepreneurship. It dawned on me that I could be an Entrepreneur and improve the planet at the same time. I was able to learn what it is like to do this by meeting different social entrepreneurs and listening to their stories. This program intertwined education and leadership with service and fun. The classes I took not only opened my eyes to the numerous amounts of problems that currently are plaguing our society but also encouraged me to get out there and try to do something about it.

Since a young age, I have always been involved in an array of community service projects. When returning from the program, both my family and friends noticed my transformation. I was inspired to get involved even more and determined to create a change in my community. I am currently the president of Key Club as well as the Community Service Liaison for the National Honor Society. In this position I am able to provide the students in my school with a plethora of service projects and give them the opportunity to get involved and make a change. I am also part of an organization known as Spirituality for Kids, where I mentor children on how to make wiser choices and build stronger relationships with others. Because of my dedication to community service and my achievements in school I have been honored with a nomination as a Social Science Silver Knight. The Young Entrepreneurs for Leadership and Change summer program proved to me that it’s not the plans we make for the future, but the changes we make today that make a real difference. Some day I will be a social entrepreneur catering to the needs of others, but I don’t have to wait until then to make a difference. Today I try to contribute and inspire others to make change using the traits of leadership, determination, and perseverance that this summer program has brought out in me. All it takes is one person to make a difference, and if I have anything to say about it, that person will be me! Any Junior that is pondering their summer plans and would like to take part in a transformational experience that this program has to offer, please feel free to contact me with any questions. My name is Anya and my e-mail is [email protected].

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Spreading the Entrepreneurial Bug BY JOSÉE-ANN CLOUTIER

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n 2004, the Québec Government decided to take the necessary steps to foster an entrepreneurial culture by placing youth as a priority in building Québec`s future. One of the key actions of the Youth Entrepreneurship Challenge was the creation of the position of Entrepreneurship Awareness & Promotion Officer (EAPO). There are 93 EAPO representatives who work tirelessly sensitizing youth (16-35 yrs) to their entrepreneurial potential by presenting activities and workshops, promoting contests, working with entrepreneurship curriculums and facilitating the implementation of entrepreneurial projects. They work with schools, community organizations, government and entrepreneurs. To give you a glimpse of what they do more closely, the following is an interview with EAPO, Sam Asmar.

different approaches and perspectives on how to promote and nurture an “entrepreneurial culture” in Québec. So you should see the kind of new activities, workshops, and tools that have been generated. It’s really amazing! 5. Describe a typical day of what you do. There is no typical day! That’s why I like the job. I can present a workshop, develop a workshop, energize a special event,

1. How long have you been working as an EAPO? I’m going on two and a half years now. 2. Why do you think you were hired as an EAPO? I had been an entrepreneur for four years, developing educational motivational programs for elementary and high school and was also a high school teacher for about ten years. This job is about being dynamic, knowing how to communicate with young people and being innovative. I guess I had that track record. 3. Do all the EAPOs have similar backgrounds? No, not at all. We’ve got people with business backgrounds, marketing, media, psychology, even people who have worked with organizations supporting countries struggling economically. It’s that diversity of people that makes for such interesting results 4. What do you mean? Well, we have a lot of freedom. In general, what’s required of us is to be dynamic and creative. If you combine that with our backgrounds, you have over a hundred

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Sam Asmar, talking to students. present to principals, train a group of teachers, organize an entrepreneurial camp in the country, or sift through e-mails (which I enjoy least). 6. What are you most proud of thus far in your role? I’m pretty proud of The Incubator workshop that I developed during my first year here. I decided that the best way to teach young people about entrepreneurship was to bypass the theory and get them into the action of project development right away. In four or five classes, the students assess their skills, learn about the skills of their classmates, realize how to market their skills, come up with great project ideas, and then present, critique, defend and develop them. It’s pretty thorough. Ultimately the projects they come up with have a social responsibility component that allows them to think about how their projects (or how businesses) can make things better for others.

7. Wow, it sounds like you really enjoy your job. I do. It can get tricky because there are so many organizations we can work with and assist that knowing where to focus our energy is a challenge. But it’s really cool- being able to work with young people and seeing them put projects into motion. It’s a thrill and a privilege. 8. Can you think of a particular project that students impressed you with? There have been so many. Honestly. But there was one that turned out so well. I had one tough group that only listed things like relaxing and hanging with friends as their “skills”. So I challenged them to come up with a project idea. They came up with “AntiStress Week”. A week in which students could pay a couple of bucks, get a short shoulder massage, get a cup of herbal tea, and receive information about the dangers of stress and how to deal with it. These kids made money for themselves, donated a bunch of money to charity and still talk about the success of that week from two years ago!!! 9. Where are you going from here? Well, the next step is developing the Incubator as a tool kit with the workshop on DVD for teachers or counsellors to use if they want to do a project with their kids but don’t know where to start. We’re in the process of securing financing to produce and distribute it throughout the province.

Future CEO Stars

January 2008

©iStockphoto.com, Joe Peragino

Social Entrepreneurship Is Part of the Deal BY BARB VANWICKLIN

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retchen Geitter, Executive Director of Community Relations for the Buffalo Bills Franchise, believes that “a social entrepreneur is one who recognizes a social problem and uses entrepreneurial principles to engage in making productive social changes. Whereas business entrepreneurs typically measure performance in profit and return, social entrepreneurs measure their success in terms of the impact they have on their communities.”

opportunities that would yield a monetary profit. The students in attendance had placed 1st, 2nd and 3rd in the competition. Unique to the competition was an ethics component. Students were given an impromptu situation that dealt with business ethics and they had to discuss and present their solution to the ethical dilemma. As citizens of a global society, we are all responsible for creating a world that is a better place in which to live and work.

Through Don Purdy, Director of Football Administration and Gretchen, a group of students from six high schools in western New York learned that social entrepreneurship is “part of the deal” when Buffalo Bills football players sign their names on their contracts to play on this NFL team in Western New York. The insight came as a surprise to the group who had been engaged in an entrepreneurship competition hosted by the NYREAL, Cattaraugus Allegany BOCES and St. Bonaventure University/SIFE. Their business and marketing plans centered on creating

The students learned that the Bills organization is the only one in the NFL that has the social entrepreneurship clause in their contracts. They learned that from the kicker to the quarterback, each Bills player endeavors to give back to the Buffalo community. According to Mr. Purdy, a theme of the Bills organization is “Real role models do what’s right. Giving back to the community and helping others who are in need is a small price to pay and a great way to improve and encourage the dedicated fans who cheer on the Bills every Sunday.”

Future CEO Stars

January 2008

Players often visit area schools, work in food kitchens, participate in “MealsOn- Wheels” or come up with their own plans. The students who entered the competition to find a creative means of making money came to the realization that volunteerism is just as much a form of entrepreneurship and can have a far greater impact on society. They learned that when business principles are unified with social ventures the synergy can literally change the world — one challenge at a time.

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Business Ventures Entrepreneurship Program Show of Homes re you in high school thinking is: 1) developing a partnership ership with ll nne Do O know the stairway to your your teacher and kip ,S om c future? Consider an industry industry try professionals . to ho ckp o that is financially rewarding, and 2) building a playhouse. t S ©i gives you the option of working Think about the experience as a inside or outside and allows you business ess venture with “you” as to become your own boss. It’s the entrepreneur. Consider your teacher and the industry profestime you explored the numerous sionals your partners. Are you entrepreneurship opportunities up for the challenge? in residential construction. When your project is completed The team (include all partIt’s a fact – construction offers ners) will determine: you will submit an application more opportunities than most form with a picture of the team 1) a timeline for the project other industries for individuals and your finished product via 2) a budget who want to own and run their email to [email protected]. own businesses. Home Builders 3) ways to secure funds/maAll areas of the form must be Institute invites you to test your terials prior to building (think completed to enter your playbusiness skills. Are you up for about soliciting donations) house for the $200 award. a challenge? Pick a playhouse Include lots of pictures! 4) marketing strategies design, build it, develop marFor details contact C. Deanna 5) how to identify customers keting strategies and finalize Lewis via email at the sale. It’s Exciting! It’s Fun! 5) sales strategies (don’t rule [email protected] or phone out raffles and auctions) It’s Challenging! As part of the at 800-795-7955 ext. 8927. Business Ventures program, 6) pricing you are eligible to win a $200 award for your class. All it takes

A about graduation? Do you

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Future CEO Stars

January 2008

First Place Winners of the School Business Competition

Networking and New Ideas BY LUCIA SALAS

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ast Spring I had the honor of attending the Youth Entrepreneurship Conference presented by the Illinois Institute for Entrepreneurship Education in Chicago, Illinois. It was a great experience! I had previously learned about the technical aspects of being an entrepreneur in my manicuring class at Crockett Career and Technical Center, but this conference provided me with a completely new perspective that I couldn’t learn from a textbook. Actually seeing what other students are currently doing and gaining from their personal experience, face to face, cannot be duplicated in a traditional classroom. I’m involved in a business called “Snapshots and More”. Our slogan is “12 Months of Your Favorite Moments.” We create personal photograph portfolios to record memories that otherwise would be lost or forgotten over time. My partners and I thought we had a pretty good idea of what it took to run our own business, until that weekend in Chicago truly opened our

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eyes. During the conference, I received a lot of information on challenges I hadn’t faced yet and what it really takes to become an entrepreneur. I also got to sit on a panel and talk about business ownership. I was able to network and ask specific questions of my own to prepare me for my future. The whole experience was very positive. It gave me a chance to get to know people and experience being around other young entrepreneurs. I learned that the possibilities are endless and that I can do anything I put my mind to. In order to pursue your dream of having your own business, you first need to have dedication. You must not let anyone or anything get in your way. You must have confidence and must believe in yourself. You must set high goals. You must have a plan. I learned that when you do get your own business started it won’t be as easy as some people think. Also it is very important to have a good reputation and protect it or you won’t be in business for very long.

The Illinois Institute for Entrepreneurship Education (IIEE) invites young entrepreneurs and their instructors to register for the 2nd Annual IIEE Young Entrepreneurs Conference to be held May 1-3 of 2008 in the Chicagoland area. Students from around the country participate in: Business Workshops, Business Plan Competitions, The Young Entrepreneur Expo, The “E” College Tour, Networking with adult and young entrepreneurs, presentations from nationally known Keynote Speakers and more! For more information go to www.iiee.org or call IIEE at (312)587-9296.

In conclusion, I highly recommend IIEE’s Entrepreneurship Conference to any student interested in going into business for themselves. I had an excellent time and met many new friends and future business contacts. Finally, I would like to thank my teacher, Rosa L. Williams and Mrs. Denning, Entrepreneurship 2000 Director, for the opportunity to attend the conference. It helped me more than they will ever know.

Future CEO Stars

January 2008

Does your class need money? Is your teacher looking for an effective way to raise funding for a class project? ©iStockphoto.com, Scott Hancock

Are you tired of selling cookies or candy? Do you want to avoid the hassle of having to deliver what you sell?

We have your solution! For more information have your teacher contact The Consortium for Entrepreneurship Education: [email protected]

The Consortium for Entrepreneurship Education is a qualified 501(c3) non profit corporation and, therefore follows all rules, laws, and requirements pertaining to maintaining this status.

An Image Makeover ©iStockphoto.com, Goldi

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lthough the word “Entrepreneur” has too many letters to actually be one, in many ways for a long time it has been considered to be a “four letter word”. From the evil factory owner abusing child labor to the shifty street hustler that will promise you anything to separate you from the dollars in your pocket, Entrepreneurs have gotten a bad name. Even at its best, in many people’s opinion, an Entrepreneur is nothing more than the owner of a backward “Mom and Pop” operation that is struggling to barely survive This undeserved reputation was created, or at least propagated, by a system designed to create a large pool of low-skilled workers. These workers quietly punched a clock and did menial jobs for large corporations who gave them a job for life. In return for their commitment, the company promised to take care of them after they retired. Even though these jobs are disappearing from America at an alarming rate, the system is still creating these workers.

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Traditional education has overlooked the need to develop specialized skills that prepare students to compete in the real world. It’s no wonder that many students are dissatisfied with school and view it as a big waste of time. If it’s focused on preparing them for something that no longer exists, then their opinion is right on the money. In reality, the truth about what being an Entrepreneur means is in opposition to the negative public image that has been associated with it. Entrepreneurs are the people that start the large corporations in the first place. Entrepreneurs are the leaders, innovators, and creative force that made the American economy the strong force that it is today. It is no coincidence that America is one of the world leaders in Entrepreneurs per capita and is the source for many of the inventions that have brought the planet into the modern technological age we currently enjoy. Entrepreneurs are the people that take the question “what if” and turn it into a revolutionary invention that people eventually take for granted in their everyday lives. I’m sure that Bill Gates

with PCs being in every home, Thomas Edison with electric light switches being on every wall, and Ray Kroc with McDonalds Restaurants being virtually worldwide certainly would all agree. So if Entrepreneurs truly are the driving force behind innovation and economic success why do they still suffer from a bad reputation? Institutionalized beliefs are very difficult to change. It takes years of positive proof to reverse a common belief even if it is inaccurate in the first place. On a positive note, even though it is slow, change is happening. With each new generation the concept of being an Entrepreneur as a career choice is gaining acceptance and momentum. Public schools are now offering entrepreneurship classes, extra-curricular entrepreneurship programs are gaining acceptance and some colleges are even offering Entrepreneurship as a major. It’s a good thing too, because with the emergence of the inevitable world market it appears that America’s entrepreneurial drive, in spite of its institutionalized resistance, is our greatest strength.

Future CEO Stars

January 2008

Instead of resisting international competition, or accepting low wages to compete with other countries, it’s more positive to look at the New World Market as an expanded customer base. This is the advantage that becoming an Entrepreneur offers. Being an Entrepreneur is a positive reaction to this market change. So what can you do to help further the cause of improving the image that being an Entrepreneur entails? First of all run your business with integrity. Don’t feed into the negative image that already exists. Be a positive role model of what an Entrepreneur really is. Contrary to some misguided beliefs, we are not all fighting for one little piece of the pie. In reality, we are making the pie big enough for everyone to enjoy. With the whole world becoming one big customer base there

is plenty of room for everyone. Share your experience, strength and hope to help further newly emerging Entrepreneurs realize their vision. Work toward win-win solutions instead of planning to leave your competition bleeding on the side of the road.Secondly, get involved with furthering the cause for future generations. Help encourage the growth of programs that already exist to expand the field of entrepreneurship and related education. Many organizations like Rotary, Chambers of Commerce, and other civic organizations already encourage such support. Get involved — you will definitely profit from the experience. Finally, take part in National Entrepreneurship Week in your community. This celebration was originated by the

Consortium for Entrepreneurship Education, a non-profit organization whose sole purpose is to champion the growth of entrepreneurship as a viable career option. The annual weeklong recognition was confirmed in 2006 by the US House of Representatives Resolution 699. Its purpose is to improve the image of being an Entrepreneur and encourage growth of this field through cooperation and promotion. Students and Entrepreneurs alike can help and benefit from the experience. To find out more go to www.NationalEweek. com. It was established and designed to help you and best of all, it doesn’t cost a thing. Do your part to let everyone know that being an Entrepreneur is something to be proud of. Get involved with this “image makeover” today.

Unscramble the Words These are negative terms used to describe entrepreneurs of the past.

SACM ITSRAT LOI KNSEA MSLESANA “a BOJ ARLE GTE!” AMN NCO MARDERE

n

ima

elar

THARNOCA

ed D

, Jar

.com

STURHLE

hoto

ckp

to ©iS

“ON RITECODNI SHA”

Answers: SCAM ARTIST , SNAKE OIL SALESMAN, “GET A REAL JOB!”, CON MAN, DREAMER, “HAS NO DIRECTION”, HUSTLER, CHARLATON

Future CEO Stars

January 2008

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Learning From Lawncare BY JACOB KROGUE

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’m Jacob Krogue, from Alpine, Utah. I’m eleven years old and I’ve been mowing lawns for four years. Two years ago I started JK Lawncare and employed my two brothers, one older and one younger. I started the JK Lawncare business because I wanted to earn enough money to pay for things myself. When my family decided to go on a cruise, I wanted to go, too. I saved up enough to go and even had some extra spending money. This success was the extra motivation I needed to push “simply a way to make some extra money” into a full time summer career option.

Jacob Krogue at work.

My family and I got an industrial riding lawnmower, edger, blower, and a cart to haul clippings, weeds, and trash. We invested in the equipment we needed to get serious about this business. Even with the right equipment I was only able to secure two full time accounts. To improve my business I got serious about my marketing efforts. I had some digital pictures of myself with the lawnmower and with

the edger and made a flyer, and then I just started handing them out. From this extra effort I acquired 8 more accounts the following year. I learned that if I work hard and do a good job at taking care of details I have all the work I can handle. I chose landscaping and lawn care because it isn’t a year round job. I could work really hard in the summer, then not have to work during school so I can study and play sports. I like baseball, football and basketball. This way I can do all the things I like and have still make money, too. I learned that you can’t rush your work. You have to do a really good job. People tell other customers about you. I learned that if you break anything, tell the customer immediately and get it fixed. I learned that you have to be patient and responsible. I’ve had to give up a few things to make sure I was around to do my jobs, but I’ve gained much more. I’ve also learned it’s best to put your money in the bank so you don’t have it on hand to easily loan to your siblings! My goal is to keep expanding every year. I want to earn enough money to have some spending cash and still completely pay for my own church mission trip and college. Now I save most of my money and I’m even looking for my next big investment option. From the research I have done so far, investing in silver looks like a good option. This Article Sponsored by the Utah State Office of Education

Jacob doing what he likes best in his spare time.

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Future CEO Stars

January 2008

“What’s NEW?” Are You Ready To Become A Leader in NEW Innovation? Entrepreneurs have always been Leaders when it comes to Innovation. Coming up with new solutions to problems is the life blood of the true Entrepreneurial Mind-set. Take for example the story of David Hogg. (page 6). Through innovative and creative ways he has stepped up at the ripe old age of 6 to lead a fund raiser (which has brought in thousands of dollars to date) to bring his adopted cousin from China to America. The word “can’t” doesn’t appear to be part of his vocabulary. Sometimes Innovative Leadership is the underlying moral fiber of an organization. As an example, Gretchen Geitter and Bill Purdy of the Buffalo Bills NFL organization taught a group of students from western New York (page 11) that being an Innovative Social Leader is critical. In fact it is so important for the Buffalo Bills that it is part of the contract that every player signs to play for that organization. For the Bills to be strong the city of Buffalo needs to be strong too. The team requires its players to donate their time to work for this common goal.

Being an Innovative Leader can start in much smaller and younger ways too. Jacob Kroque (page 18) at the age of 9 started demonstrating his innovative thinking and by 11 was leading the way to achieve his own personal goals. With a lawnmower and a willingness to sweat a lot he has been able to pay for and enjoy his childhood in the fashion he chooses. He can play all the sports he enjoys and even help pay for a family cruise because he stepped up to the challenge of being an Innovative Leader. Typically when one thinks of being an innovative leader, visions of Silicon Valley and high tech invention come to mind. This is a very limited view of the concept of the word “Innovation”. A person can be innovative with the resources they have on hand and lead the way to the future they envision for themselves. Being innovative can simply be applying new and creative ways to doing practically anything. Being a Leader in invention or innovation simply means you are one of the young pioneers who started being creative first!

Be an Innovative Leader in your community today. To learn how, go to:

www.nationalEweek.com

Feb 23 to Mar 1, 2008

Not Just Playing Around BY RYAN FLOYD rominent Youth Productions is a complete event hosting company that was started as a division of Prominent Youth Inc., a non profit organization dedicated to providing entrepreneurship opportunities to students, based on their passions. My name is Ryan Floyd, and I am a 19year-old student attending college at Maple Woods Community College in Kansas City, MO. Right now I am earning my degree of Associates in Arts to go along with my marketing degree that I have already earned. I found out about PY Productions through a friend in the summer of 2007 and got involved because I felt it would be a chance to learn about all aspects of the business world in a real business environment.

P

PY Productions was born in the summer of 2005 in Kansas City, MO, with the initial concept of planning and hosting gaming tournaments. The basic purpose of the organization is to be involved in the entertainment industry in one form or another. This allows us a virtually unlimited variety of specific business types to try. After the gaming proved successful we then expanded into the recording industry. We developed a CD featuring local talent followed by a Christmas CD. Expanding even further in ‘07 we produced a Haunted Trail, which was a great success. It consisted of two paths, one for a younger audience and another for more mature fright seekers, riddled with spooky attractions and candy at the end for those that survived the trek! In relation to our original concept, the gaming tournaments we have hosted include: Halo 2 & 3®,

20

Guitar Hero II®, Dodge ball®, Ping-Pong® and Karaoke®. Each of these tournaments had their own unique challenges to overcome to be successful and, without exception, everyone had so much fun that putting them together didn’t feel like work at all. The process for any of our projects starts out basically the same. We brainstorm the potential event and determine who our target market is and how we are going to get them to participate. With the gaming tournaments this was by far the easiest startup point. We already knew teenagers would go crazy over these ideas. Imagine being able to compete for prizes on video games that you already love. Due to the large turnouts we knew we would have, the hardest part was finding locations for the events. In the future, this problem should be solved because PY Productions plans on having its own permanent venue; hopefully within a year.

Ryan Floyd playing Guitar Hero

Looking ahead to 2008, PY Productions will be focusing on gaining new sponsors for our events. Also we are making plans for our tournament for the newest game to take Kansas City by storm, Madden ‘08’®. Future CEO Stars

January 2008

Future CEO Stars

January 2008

21

Emily’s Advice E

Q&A

mily actually represents a group of entrepreneurs and educators who are willing to answer your business related questions. What do you want to know? What haven’t you been able to discover on your own? Emily is up to the challenge and wants to share her experience with you. Put Emily to the test. She is here for you! Submit your questions to [email protected]

Q

Dear Emily: Where did National Entrepreneurship Week come from, what is it about and how does it affect me? Curiously Yours, Missy DaPoint

A

Dear Missy, That is a great question and I am glad you asked. I guess the best way to look at this is from the beginning. In the United States, National Entrepreneurship Week (NEW) was started from an idea born through The Consortium for Entrepreneurship Education in 2005. The Consortium is a 25-year old non-profit organization which represents a collective of over 100 organizations whose purpose is to further the cause of Entrepreneurship Education as a life-long learning process. Its focus is primarily in America but includes other countries anywhere that truly support the basic principles and philosophy of free enterprise. The Consortium then gained financial support for the “idea” through some foundations that were willing to back the concept to make it grow from idea stage to reality. With this support the Consortium then in 2006 took their idea to the US House of Representatives and worked hard to get US HR #699 passed, declaring the week to be officially recognized by the US Government. It was determined that the “celebration” should be held the last week of February giving enough time for each school to organize their individual events within their school year. All this was the origin of National Entrepreneurship Week in the United States of America. The Consortium, with assistance through many generous and caring sponsors, is now getting ready for the second annual recognition of this week, February 23rd through March 1st 2008. Through their communication network, state leadership teams have been established and are working diligently to organize local events in their specific areas. These events are designed to help students like you learn about Entrepreneurship as a career option, expand your support networks, and help bring attention nationwide to the importance of Entrepreneurship as a viable economic force for the United States in the emerging world market. So with all of this in place it is now up to you to make it happen. Go to www.NationalEweek. com and learn how you can personally get involved with the celebration in your area. You, being the Entrepreneur of tomorrow, need to be involved in this movement today!

Sincerely, Emily the Entrepreneur

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Future Fu uture CEO O Stars

Ja January anuaryy 2008

©iStockphoto.com, Katie West

Le Petit Gâteau BY ALISAH PEREZ

easy to sell. That’s when the idea of Le Petit Gâteau (French for small cake) came to us. We learned however, that cooking in an industrial kitchen is much different than baking a few dozen at home. We ended up baking 216 cupcakes and decorated them in many different colors, adding an assortment of sprinkles and a small umbrella on top. Getting permission to use the kitchen and learning how to use the super sized equipment added to the experience of what we thought would be easy. We learned otherwise! Actually it turned out to be more of a challenge than we ever could have anticipated. In the end the cupcakes looked fantastic and we were pleased with the final product. The next step was figuring out how to sell the product.

Toward the end of the day the icing was melting, business was slowing down, and our profit didn’t meet our expectations. Regardless of our less than stellar finish, the three of us went home learning valuable lessons as entrepreneurs. To be a successful entrepreneur you must be self-sufficient, self-motivated, self-reliant and attentive to all details no matter how small. So even though we ended up a little sunburned, with melted icing on our fingers, the things we learned and experienced were well worth it.

Alisha Perez and Katherine Signell selling cupcakes.

I

t was a hot day in Maine as my partners and I stood baking in the sun. Our cupcakes were melting and business was a little slow, but nothing could have stopped us from doing our duties as entrepreneurs. It was an honor to be selected as the only student from my high school to attend Entreprep, a summer institute that taught a selective 30 students from around the country to learn about entrepreneurship. Given a week to plan our business, we had to think of what people would buy, how much they would pay, and how many of the items we would sell. I was fortunate to have met two other participants, Katherine Signell and Mia Taylor to make up a team. In searching for opportunities we recognized that we had a mutual interest in baking. My partners and I thought, “Why not cupcakes?” Everyone loves cupcakes; they’re cheap and Future CEO Stars

January 2008

Mia Taylor and Alisha Perez advertising.

We set up a small table outside a local shopping center and got to work. As much as we wanted our cupcakes to sell and make a profit, our business adventure didn’t go exactly as planned. The location, marketing and signage needed more work, but overall, we felt confident that with a few changes our product line could be a huge success.

23

NEW Id ea DECEMBER 2007 $2.50 US

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Empowering Yourself by InspiRing Others

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Anath Ram and Arun Venkatraman

CELEBRATE GREAT ENTREPRENEURS AND THE EDUCATORS SUPPORTING THEM!

5

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In This Issue

Our Future Now

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Full Steam Ahead

11

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Sweet Success

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© Jeffrey Camp Photography

Cal Fore of Sweat Monkey

Now you can find everything that you need to celebrate National Entrepreneurship Week 2008 on our new website.

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In This Issue Playing It Forward

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Illinois Institute for Entrepreneurship Education

Seeing The Light Buchholz Academy of Entrepreneurship

An “ARRAY” of Opportunities Prominent Youth

Cesserly Rice, Owner of CR Sports Management

CELEBRATE ENTREPRENEURSHIP EVERYWHERE FEBRUARY 23 – MARCH 1, 2008

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February 23 – March 1, 2008 nities, Skills, Challenges, Leaders, and Wealth Tune in to be part of

The 2008 National Entrepreneurship Week SUMMIT www.NationalEweek.com/summit

Celebrate with us an ENTIRE WEEK of live programs on the web, sponsored by Cisco Monday, February 25 Join National Leaders as they celebrate the Launch from Washington D.C. Tuesday, February 26 Experience the Arts and Entrepreneurship working together in rural NY. Wednesday, February 27 Visit with students in an entrepreneurship-based K-12 Charter School in CA. Thursday, February 28 Hear about the statewide activities to build an entrepreneurial culture in NE. Friday, February 29 Celebrate with very young entrepreneurs in the State Capitol Building in WV.

Thanks to our national SPONSORS

called “Cry” and I loved it. Soon after, we went to the studio to record it. With it I entered a contest in Nashville sponsored by CATZ radio for a three month spot on their play list and won! From there, I went on to myspace.com and signed up for a music site to feature this recording. Soon I will begin to raise seed capital to get my business going, which will probably be, as CEO Space taught me the safest way to go, an LLC. Investor capital will be used to set up my business and I am counting on my advisory board to help with my business plan and strategy to repay my investors. In the meantime, I continue with what I love the most, singing. I practice every day and work with a vocal coach once a week. I also continue to sing with my high school’s show choir, my church choir and with the contemporary gospel group “Won by One”.

Singing Praises for Networking BY ASHLEIGH COLE

I

n following my dream, I have gone from singing with my Fischer-Price® tape recorder at the age of three to singing in a recording studio at age seventeen. In 2004, I signed up with StarSearchCasting.com for a web page promoting my modeling, acting and singing. Casting agents and directors use this site to search for new talent. Through this site I was contacted by a producer and soon found myself flying to Los Angeles with my mom. At our hotel in LA, my mom met some people who invited us to attend an entrepreneurship program that happened to be going on while we were there. We decided to give it a shot. We worked with coaches from a group called CEO Space. This experience generated a lot of useful ideas. One of these ideas was to go to Nashville and record a three song demo and have promotional head shot pictures made. With my demo and pictures I wrote a one page overview and put them all together to create a

Future CEO Stars

January 2008

Ashleigh Cole basic promotional package for the newly formed Ashleigh Cole Music. While at this entrepreneurship program I learned a lot about the art of networking and I met a group of individuals willing to donate their time to act as my business advisory board. One of my advisors introduced me to an entertainment attorney to help me keep everything legal. He also introduced me to several songwriters including a man called Eric Haines. Eric pitched me a song he wrote

My mom is my manager and she is always scouting for good songs for me to sing and ways to expand my professional network. I think it’s cool that when she introduces me to people in the industry, she steps away and lets me do the talking (but I know she’s close by if I need her guidance). My advice to anyone who wants to be a music artist is to practice, practice, practice, learn how to start a business, and get networking!

Ashleigh Cole recording with song writer Eric Haines

27

Do You Want to See Your Story in Print? Well, if it works for our magazine, we will print it.

We want your story! S R A T S O E C E R FUTU

In This Issue

YOU

With the exception of cleaning up some grammar, spelling, and other technical stuff your English teacher wanted you to pay attention to, we’ll leave your message the way you send it to us. It is, after all, your message and this is your magazine. All we really need is one page (typed) with a picture or two (1500kb jpeg files or larger are best) about what you want to say. Of course, the articles and pictures you send become the property of the magazine and will not be returned. Also, they may be used for other promotional purposes by the magazine and its parent company, The Consortium for Entrepreneurship Education. If we use your story, we will get your final approval of all edits before we print it. To make it easy we even have a writing

A you running a successful Are business, or hope to, and want to tell others about it? Do you want to give acknowledgement or thanks to those that have helped you along the way? Could other students gain from learning about your successes or warnings about your mistakes?

instruction sheet to give you some suggestions on how to put your story together. Just write us (at the address below) and we’ll be glad to send it to you. What have you got to lose? Here is a free chance (there is absolutely no charge for students to submit their story) to get no cost advertising for your product, web page or service. Opportunities like this don’t happen often. This is your magazine. It’s reaching thousands of classrooms each month. This is your chance to help yourself and help others in the process. Change has to begin somewhere and often the best way to pay something back is to pay it forward!

Sincerely, Mike Ashmore Editor, Future CEO Stars Magazine [email protected]

Packeropoly BY TASHA BREKER, LUKE STECKLER, AND ALEX WINDJUE

A

re you searching for a perfect gift for the game addict you know or would you just love to own a piece of your town? West Fargo DECA is offering just what you need – Packeropoly. This real estate trading game is modeled after the wellknown Monopoly® board game but is designed after businesses within the West Fargo, North Dakota community. Authentic-looking game pieces are sealed in a plastic bag. Rubber bands secure West Fargo Chest and Chance cards as well as the bundle of unique property cards. Stacks of money printed with a local bank logo and the Packer mascot tempt any budding capitalist to try their luck at the game. However, this is more than just a game for the West Fargo community; it is a tool for spreading the importance of entrepreneurship to the entire city. The Packeropoly concept began in late August when our teacher, Mr. De Vries, shared an idea that he had seen at a state teacher conference. But we knew that we could make it even better. We decided to not make only a fundraiser for our DECA chapter, but instead, our goal was to develop a tool for gathering money for a very worthy charitable cause while sharing the importance of entrepreneurship in the development of a community. We decided to team up with Kiva, an international non-profit organization that sets up small business loans to low-income entrepreneurs in impoverished nations. Five dollars of every game sale is directed to sponsoring a business start-up and entrepreneur in need. There was very little awareness of Kiva and what they do in the community before we started. Now the entire town has heard the Kiva name and knows that it has a direct impact on improving both individual lives and entire areas where people live and work. We have been fortunate enough to take our student-developed board game to Future CEO Stars

January 2008

Chamber of Commerce functions, area elementary classrooms s. and conventions. We have even consigned with local ave the businesses to have or sale at game offered for rgo retailers. many West Fargo Second-year Marketing students o’s DECA program in West Fargo’s onsible for all stages of were solely responsible ment – finances, product game development evelopment, promotion design and development, and publicity to name a few. All spaces oney rights, and Chance on the board, money o Chest cards were sold and West Fargo by the 12 students within two weeks. Then the complete design was sent off to the printing company for production of 1,000 units. Games were received the Monday after Thanksgiving (after student assembly) and were ready for sale by the peak of the Christmas season. We are expecting to earn $20,000 for West Fargo DECA and $5,000 for Kiva, to be used for small business loans within the third world. After this entire experience, we feel that we have started a business, seen its ups and downs, experienced the hard work that is required, and been able to make an impact on the community and the world. What started out being an entrepreneurship lesson has become a life experience.

Members of the Packeropoly team: Landry Boehm Tasha Breker – team leader Gretta Haagenson Alex Henderson Jace Holm Sara Knaus Kassie Mastre Natasha Smykowski Luke Steckler – team leader Festim Luhza Artan Vllhui Alex Windjue – team leader

As a group, West Fargo DECA students have been involved with Marketplace for Kids in North Dakota for many years as role models, ushers, guides, and hosts for the Education Day. This experience adds to our overall career development as leaders and team members and encourages us to become community minded through volunteerism.

29

Ask GoVenture

“

FAST FACTS

What marketing resources should I consider for my business?

”

Here are the most common types of marketing materials. It is best to maintain a consistent identity (words and visual style) across all of them.

Logo

Brochure

A logo normally includes text and a graphic, although it can be just stylized text. A good logo has a simple design, few colors, good black and white reproduction, and is scalable to large and small sizes.

A brochure can take on a variety of formats from a simple one-page document to a double-sided multipage foldout, or full catalog. The format you choose will depend on what you want to communicate in text and images and the space you need to present the content appropriately.

Image Graphic An image graphic can be used to impart a more detailed message about your business — something specific that your customers can relate to.

Business Card Business cards contain contact information, and help reinforce your key message and identity.

Kit Folder A kit folder is a versatile piece that gives you the option of inserting any combination of print materials suitable to the occasion.

Website View your website as an extension of your business activities. It should be visually consistent with all other elements of your organizational identity.

Tradeshow Display Tradeshows are focused marketing events. Competition for tradeshow attendees’ attention is challenging, so it pays to have a well-designed portable display that reflects your organization’s identity and key marketing message.

GoVenture Activity Matching — eCommerce The exchange of goods and services between businesses People or companies that sell products or services

Directions: Match the terms below with their descriptions on the right.

A security encryption system used by online businesses to protect confidential information, such as credit card numbers, when it is collected over the Internet

A. E-tailing B. M-commerce

Software/hardware used to prevent unauthorized access to a computer system or network of computer systems

C. Shopping cart

Retailing over the Internet

D. Bricks and mortar

The exchange of goods and services between businesses and consumers

E.

Transaction

F.

Firewall

G. Vendors H. SSL (Secure Sockets Layer)

Refers to accessing the Internet using a mobile device, such as a cell phone Software that keeps track of items a visitor wants to buy until they are ready to ‘check out’

I.

B2B (Business to Business)

A business that uses an offline store or shop to do business in addition to its online facility

J.

B2C (Business to Consumer)

The process of purchasing and paying for an item

Answers:

Five things you should know about credit cards • Use them wisely. Many cards carry an annual interest rate of more than 18%. • Look for the card that best suits your needs, and don’t be distracted by special offers. • Pay more than the minimum monthly payment to reduce interest charges. • Pay on time to avoid late penalties and lower credit rating • Keep your credit card numbers private and verify that online transactions are encrypted. Source: Federal Deposit Insurance Corporation

About GoVenture GoVenture is a line of award-winning educational games and simulations, including software, board games, mobile games, website, books, and more. GoVenture educational games and simulations offer the fastest, most effective and fun learning experiences ever! Similar to how pilots train using flight simulators, highly visual and realistic GoVenture programs enable youth and adults to gain years of business, money and life experience in minutes. Become the CEO of a virtual business, a stockbroker trading on a virtual exchange, or navigate your way through the next 50 virtual years of your financial future. More than just fun and learning, GoVenture provides an experience that enables you to realize your potential, both in terms of what is possible and the wisdom of how to make it happen. GoVenture is used in homes, schools, universities, and businesses throughout North America and around the world. Visit the GoVenture website for many more free resources!

www.goventure.net

Order from Top to Bottom: I, G, H, F, A, J, B, C, D, E

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Future CEO Stars

January 2008

Our Sponsors W

e would like to thank the sponsors of Future CEO Stars whose forward thinking, support, and generous contributions made this publication possible. It is organizations like these that keep your education focused, moving forward, challenging, and potentially profitable. To learn more about what they have to offer please feel free to visit their websites listed below.

When an organization really cares,

it shows!!!

Future CEO Stars

Appalachian Regional Commission

www.arc.gov

Buchholz High School

www.bhs.sbac.edu

The Coleman Foundation

www.colemanfoundation.org

DECA Inc.

www.deca.org

E*TRADE Financial

www.etrade.com

Home Builders Institute

www.hbi.org

Illinois Institute for Entrepreneurship Education

www.iiee.org

Marketplace for Kids

www.marketplaceforkids.org

MediaSpark

www.mediaspark.com

National Council on Economic Education

www.ncee.net

National Museum of Education

www.nmoe.org

NFIB Young Entrepreneur Foundation

www.nfib.com/yef

NFTE

www.nfte.com

NY REAL

www.nyreal.org

Prominent Youth, Inc.

www.prominentyouth.com

Réseau des CJE du Quebec

www.cjereseau.org

University of Florida

www.cei.ufl.edu

Utah State Office of Education

www.schools.utah.gov

Youth Entrepreneurs of Kansas

www.yeks.org

Yourhomework.com

www.yourhomework.com

January 2008

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The GoVenture Entrepreneur board game combines the best of your favorite board games into a business context where you run your own business and compete, collaborate, and negotiate with other players. Game play is expertly designed to recreate the real-life thrills and challenges of entrepreneurship in a fun and educational social learning experience. Ages 12 to adult. For 2-6 players each with their own business, or up to 12 players in teams.

Activities include • Buying, Pricing, and Selling Products (called “Gwidgets”) • Managing Employees • Paying Expenses • Managing Cash Flow • Investing in Product Quality and Marketing

• Interacting with other players through question and answer, drawing, charades, trivia, word puzzles, and more! • Evaluating success by calculating Equity • Preparation of Balance Sheet and Profit and Loss statements (optional)

• Negotiating with other players

• Accounting General Journal and General Ledger (optional)

• Balancing work and life

• and much more!

Award-Winning GoVenture Educational Games and Simulations Software, mobile, board games, card games, and more!

Home Version

$49 Education Version with teacher resources

$129

Call toll-free 1-800-331-2282

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