What Would You Teach High School Entrepeneurs?

I’ve been considering this question ever since Seth Godin  answered it at his recent Salt Lake City presentation of “The Dip” He said,

1. Teach them to Tell a Good Story (because that will serve them the rest of their lives and in every single industry you have to be able to express yourself and be compelling)

2. Have them Start Selling on eBay (hands down the easiest way to get yourself some income and experience business–practicing good customer service, the law of supply and demand, etc.)

3. Have them read the book, Before and After Page Design (because in about 2 hours they can develop basic design skills that will serve them in their emails, blogs, websites, etc. the rest of their lives to help them tell their printed story better.)

Here is what I would add to Seth’s list:

4. Start a Blog about what they are learning about business while they are selling on eBay because it’s FREE and will help them build their eBay business as people start to follow their success/failures

5. Find a Mentor, Friend, Example of someone who they respect in Business and have them do an internship for a week or longer with this person

6. Teach them Quickbooks 

7. Have them Plan an Event as a Group as a Fundraiser for Charity this will teach them to give back and also team building skills

Fairy Godmother, Rachael Herrscher of Today’s Mama wrote a post about Seth’s answer with a twist, calling it What should I teach my children about entrepreneurship?

images.jpgToday’s Magic Wand:  What high school students do you know that you can mentor? Maybe you could volunteer in the Fall at your local school to speak and share ideas about how to start a business. Be a role model! :)

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4 Responses to “What Would You Teach High School Entrepeneurs?”

  1. Corey on June 13th, 2007 11:30 am

    i’m assuming that these classes would be taught to kids that already have a pretty good handle on money…but i’ve enountered WAY too many kids that don’t understand money via checking and/or credit cards and wind up doing themselves a terrible disservice because of it all, so i would add basic money tools in there…but i feel all students need that! Everything else on your list is GREAT!

  2. startupprincess on June 18th, 2007 11:44 am

    Hi Corey, thanks for the visit…you’re right, basic money tools is essential! I would have greatly benefited from that too as a teen!

  3. Brenda Thompson on June 26th, 2007 10:56 am

    This is a fabulous website. A friend shared it with me and I have enjoyed it ever since. Growing a business is a struggle, but I have received a lot of good advise from this site. Thanks
    Brenda
    Payroll Perfection, Inc.

  4. startupprincess on June 26th, 2007 2:58 pm

    Thanks Brenda! ;) Looks like you’re a Start Up Princess, we’ll be contacting you! Glad you’re enjoying the site.

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