Turning Risk into Success: An Entrepreneurship Program for Teenagers

TRIS: “Turning Risk into Success” 26 Relevant, Exciting Lessons How to Start Your Own Business Topics include: Brainstorming Design Thinking Lean Canvas Crowdfunding Digital Marketing Cash Management Intellectual Property Social Entrepreneurship Global Business An Entrepreneurship Program for Teenagers Turning Risk into Success - © 2018

Teens: You can turn your passion or hobby into a business! What are good at doing? Singer Musician Writer Web designer Fashion designer Babysitting Dog walking Cooking Math Turning Risk into Success - © 2018

Do you have a problem worth solving? What bothers you each day? Can you fix it? Can you see problems as opportunities? Turning Risk into Success - © 2018

Are you independent, yet also a good team player? Would you rather be your own boss, than take orders from someone else? Can you work well with others? Turning Risk into Success - © 2018

Do you take calculated risks? What are the chances of success? Failure? How much money does it take to start? How much time? How much can you afford to lose? How much is the potential profit? Turning Risk into Success - © 2018

Turning Risk into Success - © 2018 Check Out These Lessons! Lesson One: What is an Entrepreneur? Lesson Fourteen: Sole Proprietorships and Partnerships   Lesson Two: Do You Have Problem Worth Solving? Lesson Fifteen: Corporations, Hybrids, and Nonprofits Lesson Three: Brainstorming Ideas Lesson Sixteen: Cash – The Gasoline That Keeps Your Business Running Lesson Four: Design Thinking Lesson Seventeen: Running the Business—Recordkeeping, Financial Statements, and Employee Management Lesson Five: Organizing Your “Big Idea” Using the Lean Canvas Business Model Lesson Eighteen: Taxes Lesson Six: A Closer Look at the Lean Canvas Lesson Nineteen: Intellectual Property Lesson Seven: Projecting Startup Costs and Revenues Lesson Twenty: Using Math to Make Business Decisions Lesson Eight: Using Excel to Make Your Life Easier! Lesson Twenty One: The Triple Bottom Line and Civic Engagement Lesson Nine: Sources of Financing (Personal Savings, Friends, Family, Angels) Lesson Twenty Two: Social Entrepreneurship-More than the Financial Bottom Line Lesson Ten: Sources of Financing (Crowdfunding) Lesson Twenty Three: Macro vs. Micro Social Entrepreneurship Lesson Eleven: Using the Pitch Deck to Sell Your Idea to Funders Lesson Twenty Four: Doing Business in the Global Community Lesson Twelve: Traditional Marketing Lesson Twenty Five: Going to College and Majoring in Business Lesson Thirteen: A Close Look at Digital Marketing Lesson Twenty Six: Pitching Your Business at a SAGE Competition Turning Risk into Success - © 2018

Turning Risk into Success - © 2018 Organization of Each Lesson The Big Picture Questions and Answers Taking Action What to Do Before the Next Lesson Turning Risk into Success - © 2018

Turning Risk into Success - © 2018 After taking this course, you will: Be able to start a business; it can be a commercial business or a social enterprise Be much better prepared to succeed in college Be a much more valuable employee, because you have an “intrapreneurial” attitude See problems as opportunities Turning Risk into Success - © 2018

TRIS fills an unmet need… “…..many youth who want to become entrepreneurs may never be able to realize their dreams. They do not have the necessary knowledge or skills to act on them; they are missing role models or personal relationships to see what it means to be a successful entrepreneur; and they lack encouragement needed to undertake a new venture.” Walstad and Kourilsky (1999) Turning Risk into Success - © 2018

Entrepreneurship is key…. Market development at the “bottom of the pyramid” can create millions of new entrepreneurs at the grass roots level—from women working as distributors and entrepreneurs to village-level micro enterprises “Entrepreneurship on a massive scale is the key.” [Prahalad, p. 2] Turning Risk into Success - © 2018

For More Information Contact TRIS Author and SAGE Founder   Dr. Curt DeBerg SAGE Founder California State University, Chico College of Business Chico, CA 95929-0011 530-898-4824 cdeberg@sageglobal.org http://sageglobal.org Turning Risk into Success - © 2018