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February 2009 $2.

50 US

FUTURE CEO STARS


In This Issue
“Creating My Own Path”

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The National Foundation for Teaching Entrepreneurship
Teaching Young People
to Think Like Entrepreneurs
The National Foundation for Teaching Entrepreneurship (NFTE) provides entrepreneurship
education programs to young people from low-income communities through schools and
community-based organizations. Since 1987, NFTE has worked with more than 186,000
young people. NFTE currently has programs in 21 states and 13 countries outside the U.S.,
and has more than 1,000 active certified teachers. For more information visit www.nfte.com.

Teaching Youth to Build Businesses


FUTURE CEO STARS February 2009

In This Issue…
Celebrating Future CEO Stars!
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
5 A “FISHY” Business... direct communication with the students.
NY REAL
Knowing that “experience is the best teacher”, we decided that who better to com-
municate with potential young entrepreneurs than young entrepreneurs themselves!
7 A Gift for Entrepreneurial Thinking
NFIB YEH Thus, Future CEO Stars was born.
Future CEO Stars is a monthly publication that features successful young
8 Sharon’s Page entrepreneurs from Consortium member organizations…designed to generate the
entrepreneurial mind-set!
9 What’s in Your Hands to Create?
Réseau des CJE du Québec 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
11 From My Experience motivate, educate, and stimulate young people to follow their examples and chase
AdVanz & PA State Leadership Team their own dream.

12 Becoming An Entrepreneur Founder of National Entrepreneurship


University of Florida Week, the Consortium for Entrepre- To Subscribe go to
neurship Education is a non-profit
collaborative representing 100+
www.futureceostars.com
15 Hand in Hand
NFTE, Inc. member organizations from national,
state and local levels. Together we
16 Creating My Own Path represent over 40,000 teachers and
Devon Milholland more than two million students.
Published by The Consortium for
Our common bond is the philosophy Entrepreneurship Education
17 SWAK Designz that “to be successful in the emer- 1601 W Fifth Ave. #199
Il Institute for Entre. Ed. gence of a new global marketplace, Columbus, OH 43212
entrepreneurship education should be www.entre-ed.org
a critical component of the overall mashmore@entre-ed.org
18 Ask GoVenture
Media Spark education experience as a lifelong
Publisher: Dr. Cathy Ashmore
learning process.” Editor: Michael Ashmore
21 Entrepreneurial Speed We invite readers to meet the Graphic Design: SPLASH Designs
Marketplace for Kids Consortium members at:
Publishing Advisors:
23 Michael Loy www.entre-ed.org/_contact Soorena Salari, Young Inventors Hub
Al Abney, Consortium Advisory Council
National Museum of Education Learn about the Young Inventors Hub
at: Annual Subscription Available - $25.00
25 Green Teens on Team Green Contact: mashmore@entre-ed.org
www.younginventorshub.com
NCEE
Join us!
27 Our Sponsors
A FISHY Business With a Promising Future!!!
By Kip Doyle
The National FFA Organization, “I enjoyed having the responsibility,” she
said. “It was difficult at times working
alive, she said, but they were 6 feet
long. And Ms. Santangelo is taking that
formerly known as the Future Farmers
of America, is a youth organization that with students the same age as me, but experience to the next level, majoring in
helps prepare students for leadership I gained their respect and it worked out environmental studies at State Univer-
and careers in the science, business for me.” sity of New York at Cobleskill. “I work
and technology of agriculture – as part not only with fish, but with all aspects of
of local FFA chapters in all 50 states, To earn the award, Ms. Santangelo had the environment,” she said.
Puerto Rico, and the Virgin Islands. to work her way up through a local and
state application process. The winners The Cuba-Rushford also offers Ms. San-
Katlyn Santangelo of the Cuba-Rush- from each state were then narrowed tangelo an opportunity to stay involved
ford FFA Chapter in New York State down to the top four and eventually to with her high school’s hatchery. SUNY
was recently named the national winner the final winner. Cobleskill is a partner with Cuba-Rush-
Aquaculture – Entrepreneurship/Place- ford, bringing in high-school students
ment Award during the National FFA During the event, “I was competing most to help at the college facilities, and then
Convention, October 22-25, 2008. of the time,” Ms. Santangelo said of her giving back eggs and fingerlings – very
experience at the convention. “We all young fish – to the high school’s hatch-
The award recognized outstanding stu- were interviewed by nine judges. After ery.
dent achievement in agribusiness gained looking over our applications and our
through establishment of a new busi- interview, they chose the winner,” which “In exchange for helping them, they
ness, working for an existing company, wound up being Katyln. give us some of the eggs to take home
or otherwise gaining hands-on career and raise in our hatchery,” Katlyn said.
experience. The hatchery manager position that “Within our hatchery, we raise the fish
earned Ms. Santangelo the award is es- and then we release them – when they
Santangelo received her experience pecially important at the hatchery, Mr. get about 3 inches long – into local
in aquaculture during her four years Jordan said, because it teachers high- streams.”
of high school working at the Cuba- school students what it’s like to work at
Rushford’s Middle/High School Fish a real job. Additional information on the award
Hatchery program under the leadership and the Fisheries and Wildlife Program
of Mr. Scott Jordan, Fisheries and Wild- “As students go out into the working or live webcam videos from the facility
life teacher. The hatchery was opened world, they’re able to use their experi- may be found at
in 1996 and is one of the only working ences from the hatchery as a reference www.crcs.wnyric.org
hatcheries at the high school level in the for getting jobs,” he said. And it’s not
United States. just about being in charge of a hatch-
ery. They’re in charge of people. They
During her senior year at Cuba-Rush- had people that had to answer to them.
ford, Ms. Santangelo was manager of the That’s what’s important.”
hatchery, putting her in charge of feed-
ing the fish, collecting data, and taking Ms. Santangelo said she was especially
water samples, all while supervising her excited when she recently returned to
fellow students. the school and found some paddlefish
she released into the school’s 1-acre pond
four years ago. Not only were they still

Future CEO Stars February 2009


5
A GIFT for
Entrepreneurial Thinking
M y name is John Kirkpatrick, and I own a series
of Internet marketing websites, most notably,
ZeroPriceTags.com. I currently live in Beckley, West
Virginia and just finished my first semester at Wake Forest
University in Winston-Salem, North Carolina, this fall. I
became involved in Internet marketing, more specifically
incentive marketing, about three years ago.

Incentive marketing is pretty much a fancy word for “free Don’t always follow what other people to do when
gift sites.” When I entered the market, I simply wanted to developing or creating your businesses. Don’t be
earn a Sony PSP, as I didn’t have the money to buy one. I a slave to form or conventional thought. If you
therefore turned to online opportunities. I plunged head- become involved in something before everybody
first into my first venture with a “free gift site,”, but quit else, it is a bigger risk, but the reward will be con-
halfway through the process due to doubt created by others siderably larger when you succeed. You’ve proba-
about the legitimacy of my brainstorm. A month later, I bly read or heard this hundreds of times, but have
renewed my efforts, fully determined to prove that all the you actually applied it?
people who questioned me were wrong and that this was a
lawful and successful means to earn income. I successfully
Manage your time efficiently, especially if you
earned the PSP and decided that this was a legitimate
business opportunity. From there, I set a goal to start my have a full-time job or are a full-time high school/
own “free gift site” as soon as I earned enough capital. college student. Keep an organized calendar and
good notes tracking everything that you do.
After two years of earning gifts for myself, in January of 2007,
I started ZeroPriceTags, Inc. Now I am assisting people in Don’t always turn to the computer when trying
getting cash or free gifts online. The way my site works is to develop business ideas, even if your business is
that I connect potential customers, also known as leads, to based solely online. Sometimes ideas or concepts
big name advertisers such as Blockbuster, Netflix, Life Lock, will flow from your mind, and you simply can’t
and many others. The potential customers can sign up for a configure them in a word processing program.
variety of memberships offered by the advertisers - almost all
Bubbles, arrows, sketches are all important addi-
of the memberships involve a trial product or membership
tions to building up an idea.
to a service. A credit card is required but contrary to the
popular belief, by law, the companies have to lay out all
charges in the terms and conditions located on the order
page. In return, the advertisers pay me a commission for If you would like to learn more about my business or
each person I bring to them. In turn, I give a lion’s share have questions in general, feel free to drop me a line
of the commission back to the user who signed up for the support@zeropricetags.com.
membership in the form of a free gift. Our network has
sent over $900,000 in free gifts since opening last year.

I plan to continue operating my online ventures as I work


through the challenging curriculum at Wake Forest with the
help of my dedicated customer service employee, Bonnie
Kato of Janesville, Wisconsin. After I have been at college
for a semester, I have learned the importance of loving your
job. If I didn’t love my business/job, I doubt it would still
be in operation right now.
Future CEO Stars February 2009
7
n ’s
Sh BA
aro Words
*M
g

i
*M ctiv
A
B en
nd ities
din

to the Wise
Check out

* Not Quite What I Was Planning: Six-Word Memoirs by Writers Famous and Obscure.
The author asked people to write a six-word summaries of their lives.
Let’s adapt the same six-word activity to venture creation!
Try your own phrases and see what you can come up with!
\
\

Here are some of my attempts:


Opportunity Recognition:
All it takes: idea and money.
Now, you try:

Financing:
Where will I get the money?
Your turn:

Challenge!
Pick Your Challenge
Own Topic! A Friend!
Capture the essence of business.

Use these same topics and make


phrases with more or less than six words!
* By Rachel Fershleiser & Larry Smith Send me your best ideas
Copyright 2008 at sharonlizatdms@yahoo.com
Sharon L. Cabrera DFLI 2009
By: Ka
atheriine Korak
kakis
n Quebec we have a day designated to entrepreneur- a videoconference bringing youth together from across
ship (November 16th ), where everyone and anyone Quebec. This year, we added an additional component
can celebrate by holding events and doing activities. This to our event, an easy to use computer simulation pro-
year marked the third anniversary of NED and it was a gram called GoVenture, which ensured that all youth
tremendous success with a plethora of activities going had a solid understanding of entrepreneurship before
on from the most rural parts joining in the larger group
of Quebec to the urban sec- discussion later in the af-
tor. ternoon. On November 18
in the morning, students
NED is about creating an in participating schools
entrepreneurial culture in played Go Venture’s Micro
Quebec by promoting en- Business simulation game
trepreneurial values such as and competed with other
creativity, leadership, per- schools across the province,
severance, self-confidence, giving their results via vid-
team work, and autonomy. eoconference at timed in-
It’s a day to inspire, empow- tervals.
er and take action, celebrate
and recognize entrepreneurs, In the afternoon, students
youth, educators, communi- came together to hear a
ty organizations, and governments who contribute and young entrepreneur talk about their experience, share
support entrepreneurship in its many forms. For more what they learned in the morning, and talk about how
information visit www.entrepreneurship-day.org they can apply their new learning both in their school
and community life. The winners from the competition
This year, a memorable event that was organized was were announced at that time.

Future CEO Stars February 2009


9
From My Experience...
By Brian Linton

B rian Linton is a young entrepreneur and recent graduate of Temple University


in Philadelphia, PA. He started his first company, Sand Shack (www.sandshack.
com), his freshman year in college and has since grown it into a brand sold in over 100
stores across the east coast. Sand Shack is a resort apparel and accessories company
with a central theme of the ocean and the conservation of it. He has also founded
an organic coffee company, Kofi Coffee, in Philadelphia. Most recently Brian has
been blogging about his entrepreneurial adventures and lessons on his website www.
brianlinton.com.

When I first started Sand Shack three years ago I was determined to succeed. But
success in business isn’t as easy as just reading about it, and the best way to learn is to
get out there and do it. Although the first years of operations have by no means been
easy, they have been full of valuable lessons and experiences.

Sell Things Close to Home


The biggest mistake an entrepreneur can make is to choose to sell a product or service they know nothing about or have
no passion for. Just because selling something can make you money does not mean that it’s the right product or service
for you to sell. It is so important to sell something you are truly passionate about, because if you aren’t passionate, your
customers will know and your business will suffer.

Use Your College and its Resources


The Innovation and Entrepreneurship Institute (IEI) at Temple University have been an invaluable resource for my
companies and me. The IEI hosts an annual business plan competition called the Be Your Own Boss Bowl, and this year
I won grand prize. They’ve also provided me with numerous other opportunities and resources to help grow my business.
Drawing on my positive experiences with the IEI, I encourage everybody to look at what their college (or future college)
has to offer and do not be scared or ashamed to ask for help or use the resources they have.

Don’t Make Excuses


If you need to do something, don’t make excuses that inhibit you from doing it. For instance, when I have a sales meeting
with a customer I don’t simply go home after the meeting is done. There is an unlimited amount of possible customers
for Sand Shack’s jewelry, hats, belts, or flip-flops. You will be surprised at how much you can fit into a day if you don’t
make excuses.

Always Seek Great PR


Nothing lifts you up or helps your business more than a positive story about you or your company. If you are a young
entrepreneur there are plenty of media outlets that would love to broadcast your story to the masses. I’m always seeking
out great PR, whether it be a newspaper, online blog, or magazine such as Future CEO Stars. PR in all forms is beneficial.
Also, sign up for competitions and get your name out there. You will rarely be randomly approached to be in a story, you
have to pitch your story to the media and get them interested in you. One example of a recent PR accomplishment is that
Sand Shack was recognized as one of the top 20 collegiate businesses in the nation by StartupNation.com.

To read more about Brian, his current projects, and his entrepreneurial adventures and lessons, visit www.brianlinton.com.
Brian may be contacted at brian@sandshack.com.

Sponsored By AdVanz llc and


the PA State Leadership Team
Future CEO Stars February 2009
11
Becoming an
Entrepreneur
By Rob Castellucci

S unday was always my favorite day of the week growing


up in my small New Jersey town. It was the day that my
father would teach my friends and me martial arts in our
basement. It started when I was six years old and by the time
I was ten, my father had over 150 students. That same year, I
began instructing the beginner’s class and helping to handle
the finances of his business, collecting class payments and
balancing books. By being exposed to this entrepreneurial
venture at such a young age, the seed had been planted and it
would be another ten years before it began to blossom.

Flash forward to my junior year at the University of Florida


and my entrepreneurial potential had yet to be realized. As
fate would have it, I became involved with the Center for
Entrepreneurship and Innovation, participating in their software to student apartment complexes and university
workshops and listening to lectures. I had an interest in housing divisions. With RoomBug, students will no longer
entrepreneurship; however I did not consider myself an have to worry about the “nightmare college roommate”
entrepreneur. Another lucky move (with luck being where and instead, can choose their own roommate online using
opportunity meets preparation) occurred when I became a Facebook. I started this company because I have worked in
Synogen intern. Synogen is a seed-stage venture fund that the leasing industry and saw the problems with the current
co-founds medical technology companies in conjunction matching system and I am also enamored with Facebook.
with University of Florida patented technologies. I interned The education that I have experienced over the past year
throughout the summer and then asked to stay for the fall has been phenomenal. Synogen and U-Match have been
since I enjoyed the work so much. Over the next two years, I synergistically linked to serve as catalysts in my professional
had three promotions until I reached my current position as development.
Associate. At Synogen, I get the opportunity to work hands-
on with start-up companies developing technology that I did not view myself ever becoming an entrepreneur, even a
will change the world. Synogen’s portfolio companies offer year and a half ago. According to the Kaufmann Foundation,
everything from seizure prediction and nerve regeneration 70% of college graduates will start a business sometime in
technologies to the world’s first non-invasive glucose monitor. their lives, making it as likely as getting married or having
The people at Synogen serve as a powerful reference group of children. So if you are reading this, thinking that you are not
entrepreneurs, a set of individuals that I model much of my an entrepreneur, perhaps one day you will blossom into one.
behavior after. In fact, my co-worker Elena Casson took the
great photo that you see above!

With the confidence and knowledge accrued through my


education at the University of Florida, CEI and Synogen,
I co-founded U-Match last summer. Our first product is
called RoomBug, which offers roommate matching

Future CEO Stars February 2009


12
Hand In Hand
Using Entrepreneurial Skills to effect
Social Change

By Nadia Campbell

M y name is Nadia Campbell, I am 25 years old and


I live in Brooklyn, New York. In September I ac-
cepted the position of Generalist at a senior center in Man-
corporation papers, formed a board and then applied for
501(c)3 nonprofit status. Over the years, we have been able
to help bridge the gap between seniors and youth in the
hattan. My role there is to assist the Directors with the daily community. And we continue to enhance awareness and
management of the center, its programs and members. respect for our elderly among younger generations.

Prior to that position, I opened a Day Spa in Crown I was fortunate to have the opportunity to participate in
Heights, Brooklyn. Our services included Facials, Massage The National Foundation for Teaching Entrepreneurship’s
and Nail Services. I had a great staff and consistent clien- (NFTE) Biztech program in 2002. NFTE has given me
tele, but I had too many complications with our landlord opportunities to network with like-minded entreprenuers
and decided to close. Even though things did not work out of all ages. I have also been able to have access to helpful
as planned, we had a great year and we made a difference in resources and attend exclusive events.
the community and the lives of our clientele. We hear that
people still stop by and ask if we will be opening another TVHF has also received numerous grants, awards and rec-
location, so that must mean we did something right! ognition from organizations such as the New York Mets
and Bank of America. We’ve been featured in several pub-
In addition to holding the roles mentioned, I have still lications, including The New York Times, the Daily News
maintained my most meaningful role of CEO & Founder and on Fox Business News.
of The Victorian Hands Foundation. TVHF is a nonprofit
organization that I started after I saw a special on elder abuse My main secret of success is engaging in things that I am
and neglect. I was only 11 years old, but I knew I wanted passionate about, and getting others to become passionate
to do something to help. So I started volunteering at a lo- as well.
cal nursing home by simply spending time talking with the
residents.. I then started encouraging other students and For more information on TVHF, please visit www.tvhf.org.
friends to volunteer with me on Sundays. To find out more about me and to request me as a speaker,
visit www.havehopespeak.com. My work will be featured
People starting asking us who we were, so I came up with in the February issue of Essence Magazine as well as on the
the name The Helping Hands Club. In 1998 I renamed the cable TV channel TNT.
organization The Victorian Hands Foundation, in honor of
my late aunt Victoria. She was very giving and was a nurse
and foster mother, in addition to having three biological
children.

Our supporters saw the need and encouraged me to take


the organization to the next level, which I did. I filed the in-
Future CEO Stars February 2009
15
Creating
My Own
Path
By Devon Milholland

I t was not until my senior year in high school that I dis-


covered Entrepreneurship. Until this great discovery, I
was uncertain of my career path. I was sure I wanted to
Designs, and Devōn Accessories: candles, jewelry, and pin
stripping cars.

have a career that would fulfill my dreams of making a Becoming an Entrepreneur has been fun for me. It’s a
meaningful impact for my family and society. lot of work and has required many hours of my time. I
am very excited about the future of Entrepreneurship and
My senior year in high school I enrolled in an Entrepre- what it can offer others as well as myself.
neurship program titled B.O.S.S. (Business Opportunities
for Self Starters). This was a course designed by Professor I feel I am making a difference in my future while assisting
Tim Scales from Indiana University East and funded by others. I will be providing employment for workers, mak-
the state of Indiana. The purpose of the course was to ing a positive impact on the economy, and representing my
teach Entrepreneurship to high school students. I had no family name with pride. In addition to the products I am
idea that the course would become my career. delivering through Noved Designs, I’m working with Pro-
fessor Scales to instruct entrepreneurship and economics
In just six months I have graduated from High School, to teachers, students and community members.
started college at Indiana University East where I study
Entrepreneurship, started several small business ideas and I am active in leading workshops titled “Build A Rock”.
have had a positive impact on many lives throughout the In just three months I have assisted in training over 150
United States by teaching workshops. teachers in Indiana and nearly 2,000 students about creat-
ing entrepreneurship and market economics. During the
My first product that I designed for the B.O.S.S. program same time period, we have traveled with the workshop to
is an all in one broom and dust pan that I call the, E-Z New Mexico, Arizona, Maryland, Nevada and Texas teach-
Sweep “Squeez”. It is a product I designed and have been ing at schools and the Boys and Girls Clubs.
developing to assist restaurant workers make their job eas-
ier and more efficient. I also have a similar product I de- I am also the producer of a television show about entre-
signed called the, E-Z Sweep “Swoosh”, it is to assist shop preneurship titled, “In Your Business” and I host a podcast
owners and workers in their clean-up activities. program titled, “Whose Idea was It?”. I have joined the
Rotary International club so I could start a Rotaract group
As my college career began, Professor Scales suggested that on my campus to serve college students who are interested
if I was a real entrepreneur, I would have many ideas and in Business and Entrepreneurship.
interests. He is correct and he suggests I form a parent
company for my developing ideas. I have recently formed I am also serving as the program assistant for the 2009
a parent company, Noved Designs. B.O.S.S. program for high school students. I am an ex-
cited and eager Entrepreneur.
My parent company, Noved Designs now has prod-
ucts in addition to E-Z Sweep, Noved Clothing
Future CEO Stars February 2009
14
Entrepreneurial
SPEED!!!!
BY NIC CRUZ

W hen I was young, it was always my dream to


start my own business. No alarm clock to yell
at me every morning, no one to boss me around all day, Nic Cruz and his CiNcity crew
and extra-long weekends would be the life for me! At age 28
though, I’m quickly learning that dreams are just that. What I wouldn’t give to have a free weekend now. Just a single day when
I’m not maintaining my website or playing catch-up on my hundreds of unanswered emails. When I had an employer, I actually
had time to golf and even had a season pass. This year, after starting CiNcity Designs, I can count on both hands how many times
I’ve hit the greens! Something isn’t right here, I tell myself. You’re your own boss now, Nic! Go see a movie, or take a vacation.
Even my wife tells me that I work too hard. The truth of the matter is that I am a victim of my own success. There are too many
people now that depend on me to make decisions and keep this E-train (as I call it) moving full steam ahead.

The secret to my success is simple. A full-on marketing blitz using everything I know about the market I’m selling to. I live in
a small town and cater to a specific community of car lovers. The kind of car lovers that live, sleep, and communicate on the
Internet. They’re part of the car clubs that only exist online and share everything about their car with anyone who will listen.
Using this knowledge, I build my custom headlights for cars for the biggest online following and post pictures of them on my
website. I have many unique designs and it was only a matter of time before people from these online car communities found
them and began circulating them around the internet—free advertising! Also, since I enjoy the product I create so much, and
enjoy sharing with others, I’m going to have a booth at Marketplace for Entrepreneurs in January, 2009, to display some of my
custom head and tail lights.

My website came online and started recording traffic levels on the last day of May, 2008. Right away it started recording
respectable amounts of traffic by way of web hits, or clicks. Starting with a couple thousand a week in the month of June, to a
commanding 330 million in just the past twelve days! Web site hits do not translate to money in my pocket, of course, but it does
mean that what I’ve done so far is working. People are coming to my website, looking at what I’ve done, and are telling people
about it. A lot of people! All of this may sound good, and it is, but new problems now occur, like having to buy a dedicated server
so that my website never slows down because of high traffic volumes, hiring employees to keep up with order demands, deciding
where the next step in growth will be, and overall time management.

Owning my own business has brought me great joy. I’ve been able to watch my small project grow from out of my tiny condo and
into a 1500 square foot shop with five employees in just a few short months. My faith in God and the support of my wife help
me keep my sanity when I feel like the pressure is more than I can handle. My friends and family have been supportive as well,
which helps make it that much easier to wake up every day and truly love what I’m doing. Also, the support of my community
and the help from those who have walked this path before me have been very helpful!

I’ve only been my own boss since the second week of June, 2008, so I don’t feel I can really give anybody solid advice about
starting their own business, but if I could share one thing, it would be to make sure your dedication is there. This is hard work and
it’s going to require your constant attention. I don’t have any children
yet, but I liken a business to having a baby and nurturing it until it can
sustain itself without 24-hour care; there are no hours of operation,
there isn’t a pause button when things move faster than you’d like, nor is
there is there a fast-forward button when things aren’t moving quickly
enough. Be prepared for the journey you’re about to face, but most of
all, have fun! This is yours, and you deserve it!
Future CEO Stars February 2009
17
Ask GoVenture

Phishing is a type of fraud unique to the
world of computers and the Internet. Phish-
ers steal your personal account informa-
What are phishing and email
scams and how can I avoid them?


Phishers typically send you emails that be-
gin with the words:
• “Dear Valued Customer” (generic
tion and passwords by convincing you to
salutation, without your name).
share it with them. They do it by sending
you an email that looks like it is coming • “Verify your account.”
from a legitimate source you trust (like
• “Your account has been compro-
your bank), or from a desperate stranger
mised.”
offering to share great wealth with you.
These bogus emails require you to “con- • “If you don’t respond within 48
firm” your personal information over the hours, your account will be GoVenture Educational
Internet. closed.” Games and Simulations
• “Click the link below to gain access for entrepreneurship, business, marketing,
In this confidence game, you offer your
accounting, personal finance, investing,
credit card numbers, passwords, ac- to your account.” math, economics, career and life skills,
count information, or other personal data Always question emails requesting personal and more!
in good faith, only to have it stolen. The information — or offers from desperate
con artist quickly uses your accounts and Perfect for home or school. Visit our
strangers. Remember, if an email message website for product information, demo
passwords to purchase goods, apply for looks suspicious, it probably is. videos, free trials, and more!
instant credit, and steal your savings.

GoVenture Activity
Matching Terms — Small Business
Match the following terms with the correct definitions
by placing the letter that corresponds to each term next
to the definition you think best describes that term.
A. Balance Sheet A business owned by one person.
B. Franchise Shows the entire cumulative financial position at the end
of an accounting period.
C. Brand Loyalty A word, symbol, a design, or a combination of these,
used to distinguish the wares or services of one person or
organization from those of others in the marketplace.
D. Income Statement Measures the operating activity (sales and expenses) that
has occurred during a specific accounting period.
E. Patent The act of calling something to the attention of the public,
usually for the purpose of trying to sell a product or service.
F. Sole Proprietorship Someone who manages, operates, and assumes the risks
of a business or enterprise. Entrepreneur Board Game
G. Advertising The more people know about a business, the more likely Learn about business and accounting with
they are to visit that business if it has what they need. a unique and fun group learning activity.
For home or school. Ages 12 to adult.
H. Bookkeeping Describes where a company is now and where it wants to go.
I. Business Plan A business that is actually owned by someone else, but
you own and operate a location of that business.
J. Trademark Helps protect your invention from being exploited by others.
K. Brand Recognition If someone purchases a product and is very satisfied with the
purchase, they are likely to return as a customer in the future.
Educational Games
L. Entrepreneur The act of maintaining accurate and detailed financial
records while running your business.
and Simulations
toll
Answers: free 1-800-331-2282
A. F, B. A, C. J, D. D, E. G, F. L, G. K, H. I, I. B, J. E, K. C, L. H Future CEO Stars February 2009
www.goventure.net
www.NationalEweek.org
This Announcement is Sponsored by
the Consortium for Entrepreneurship
Education, a 501(c)(3) non-profit corporation
GREEN TEENS
ON
TEAM GREEN
By Tiffany Brown
EntrePrep is a week long Summer A Pizza” whose theme went along
Institute for students who want with our Go Green concept per-
to learn about economic entrepre- fectly! On the morning of our
neurship education. This is a great business-for-a- day we set up our
program; allowing participants to stand and began selling our prod-
get hands on experience in owning ucts. We had to come up with a
and running a business. Most kids way to make people stop, so we
our age don’t get such an opportu- started saying things like, “Save the
nity! We learned how hard it is to planet”, or, “Save the trees”. Once
market and sell great ideas. we got someone’s attention we ex-
plained our mission. Some people
I am Tiffany Brown, a junior at stopped and listened, and others
Paul M Hodgson Vocational Tech- just walked away. Marketing is
nical High School majoring in business technology. not easy but at the end of the day we made a profit
I participated in the EntrePrep program on August and sold most of our items. The best part about the
3 - 9 2008, at the University of Delaware. I started program was creating the product, learning how to
a company called Team Green with Jahmya, Jamie, work as a team and handle differences of opinions.
Lauren and Ciera that focused on a trend and mar- The worst part was selling the product. People didn’t
ket need to keep environmental issues and the ‘Go even care; they just kept on walking, and they didn’t
Green’ concept at the forefront of everyone’s mind. even want the free information sheet. We learned a
We worked hard and played hard, enjoying extreme lot of lessons that can be applied to the real working
ultimate Frisbee while talking about our ideas. Team world. We also have a better understanding of what
Green’s objective was to sell merchandise that en- it takes to get a business going. Even if you have a
couraged consumers to save the planet by ‘going good idea, message, product or service you still have
green’, raise awareness about recycling and have to get the message out to the market place and work
a better understanding about what causes global even harder to try and get other people to ‘act’ on
warming. We sold canvas bags and T-shirts that had behalf of the mission or buy the product or service.
clever phrases with pretty handmade designs using Good thing we were able to learn this lesson in a fun
environmentally safe products. We also handed out environment with friends, mentors and teachers!
flyers with facts about global warming and how con-
sumers can help prevent it. Thank you Jim O’Neill, Delaware Council on Eco-
nomic Education, Carrie McIndoe and University
After making our product we had to find a place to of Delaware.
advertise and sell. We were fortunate to find “Peace

Future CEO Stars February 2009


25
Future CEO Stars February 2009
24
SWAK
SW
DES
D ES IGN
IG NZ
Z
The SWAK TEAM

I n May of 2008 SWAK Designz had the opportunity to


compete for the first time at the IIEE Conference held
on May 1 in Illinois. “Before we could get to the conference it
that the time was near and our debut was around the corner.
We had so much to prepare for. I was nervous about speaking in
front of strangers. Other than my teammates I wouldn’t know
was necessary for us to function as a group” says James Hearn, anyone,” says Janell. SWAK DESIGNZ would compete in the
one of the key members of SWAK DESIGNZ. “The business Jump Start grant competition.
part almost seemed to come second.” However, the key com-
ponent that each person had is that they “On the day of competition, I wasn’t
were dedicated, willing to work hard and nervous about presenting in front of a
believed in the product that they had to group of people. I just didn’t want to
offer. forget my lines or speak too fast. We
have a good product - I just wanted
In the fall of 2007 Janell Allison, James to give it my best show.” James Hearn
Hearn, Brandon Rector and Randell and Tyshay Williams presented in front
Lewis were juniors and first year students of four judges who gave them rave re-
at Crockett Career and Technical Cen- views on their presentation. They were
ter in Detroit Michigan. Each one came awarded $150.00 in the Jump Start
from a different high school and had no Grant Competition.
idea of what was to happen or the jour-
ney that they would soon embark upon “It was a wonderful learning experience
within the next nine months. Ms Regina for me. I met a lot of new people and
Cosey, their advisor, asked “Who wants was inspired after seeing all of the cre-
to do business?” Only four people were ative businesses by other students,” says
willing to step up to the challenge. With- Tyshay, a 2008 senior. “I hope I can
out knowing what was to lie ahead they come back and volunteer in 2009.”
delved in head first learning and absorb- Ms. Regina Cosey is very familiar with
ing the essentials of how to start and run entrepreneurship. Since 2002 she has
a business. had groups such as Wright Graphics (awarded Best Business
Plan 2003), Design Tec, Memories of a Lifetime and SWAK
“I remember sitting around the table and having to come up DESIGNZ. “One thing that I love about business is that you
with a variety of ideas that we could do as a business. My brain can always begin again!”
would sometimes hurt. We had to learn how to listen and not
discount what may seem like a foolish idea”, says James. “Finally As SWAK DESIGNZ prepares for a new year the lessons learned
after a few meetings we came up with SWAK DESIGNZ, a gift by the group will not be forgotten. Each one is up for the chal-
purchasing business that offers a variety of stuffed coffee mugs lenges they will face and bringing a few new people on board.
to potential customers of any age. Our slogan is “Let Your Gift
Be Sealed With A Kiss.” As the days became longer, we knew
The Illinois Institute for Entrepreneurship Educa-
tion (IIEE) invites young entrepreneurs and their instructors
to register for the 3rd Annual IIEE Young Entrepreneurs Con-
ference to be held in May of 2009 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 nation-
ally known Keynote Speakers and more! For more information go
to www.iiee.org or call IIEE at (312)587-9296.

Future CEO Stars February 2009


17
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!!!
Appalachian Regional Commission www.arc.gov
Buchholz High School www.bhs.sbac.edu
The Coleman Foundation www.colemanfoundation.org
E*TRADE Financial www.etrade.com
Illinois Institute for Entrepreneurship Education www.iiee.org
Marketplace for Kids www.marketplaceforkids.org
MediaSpark Inc 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
National Foundation for Teaching Entrepreneurship www.nfte.com
NY REAL www.nyreal.org
Réseau des CJE du Quebec www.cjereseau.org
University of Florida www.cei.ufl.edu
Yourhomework.com www.yourhomework.com
USA Today www.usatoday.com/educate
Small Business Development Center www.ohiosbdc.com
AdVanz, LLC
Ohio Department of Education education.ohio.gov

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Stars February 2009
Future October
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