EconomicSoul

Preparation for Youth Entrepreneurship: A Model for Success

by EconomicSoul

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Special Guest - Gayle Jagel, Founder and CEO, Young Entrepreneurs Academy

In numerous communities throughout the U.S, urban youth have already begun to start small businesses. Unfortunately, many are not prepared for success, and their businesses will fail.

Gayle Jagel’s organization, Young Entrepreneur’s Academy (YEA!), has a record of preparing young entrepreneurs for successful business ventures.  

YEA!, launched in 2004 with the support of a grant from the Ewing Marion Kauffman Foundation, is a groundbreaking program that takes students in grades 6-12 through the process of starting and running real businesses over the course of a full academic year.

YEA! teaches students the process by which one establishes a business enterprise or social movement. YEA! students are taught to write a business or social plan, make a pitch to potential investors, obtain funding, register with governmental agencies, and actually launch their own company.

In YEA!, students take all the real and necessary steps to launching an enterprise, including  brainstorming ideas, preparing a business plan for their enterprises, pitching their business ideas to real investors at the YEA! Investor Panel presentation, and developing marketing materials and preparing to sell their products and/or services to customers at the trade show and elsewhere. As with all entrepreneurs, they learn that new business or non-profit creation requires determination, courage, and motivation.

Read more about this at Economic Soul Radio.

Tags:
business development,
youth entrepreneur,
Gayle Jagel,
Economic Soul,
young ceos
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