School is almost out and you are not sure what your daughter is going to do this summer? Challenge her to start a one day business! I'm betting that she wants to buy something cool (aka expensive) … [Read more...]
Developing the entrepreneurial mindset in girls
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Free biz plan review incontest to win 5k and meet Warren Buffett
I read about a contest recently that I thought was an amazing idea. The Secret Millionaires Club is asking young people ages 7 to 16 to pitch a business idea in exchange for the chance to win 5k and the chance to meet Warren Buffett.
Now your young daughter may not be familiar with Mr Buffett’s accomplishments. But I’m sure you as a parent are!! This man is one of the richest people on the planet and is well known for his long term investment strategies. I think the prize of meeting and getting to connect with Mr Buffett is worth 10x the actual cash prize. Imagine the advice that he can offer from having worked with and met so many other entrepreneurs!!!
So get your daughter’s brainstorming and thinking cap on – what are some creative ideas that she can come up with?
A question that can help her get started – What does she wish existed that could help people solve a problem? In other words, ” I wish there was a….”
I’ve done this very activity at least 100x with my young entrepreneurs groups by giving them markers, paper and the question. It’s always amazing to me to see the creative ideas that students develop.
I’m in a generous mood so let me offer my help once she comes up with the idea. Go ahead and fill out the entry form. If you want an experienced youth entrepreneurship coach to look over the form before you submit it – I’ll be happy to do so. I need at least 3 days to review it. Just reach out to me via the contact form on my website and send me your email and the form.
While I can’t guarntee you’ll win, I can promise you that you’ll submit the best application possible!
And the best part about submitting the application – the more that young girls get to test their ideas, enter competitions and practice making good pitches – the more powerful they will be in their adult lives. Our young woman need to be coached to take risks and try out for competitions like this. Someone is going to win – so why not try out and become one of the winners!!!
Wishing you all the best!!
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