APRIL 2008 $2.

50 US

FUTURE CEO STARS

In This Issue
All’s Wellsville
5 Staple Art — NY REAL

Hannah Thompsett with her

23
My Own Thing
35,625-staple creation, “Erica” Buchholz Entrepreneurship Academy

Cleaning Up
28

North Dakota
Marketplace For Kids
 April 2008

In This Issue… Celebrating Future CEO Stars!

The Consortium for Entrepreneurship Education has been providing leadership for
4 Selling Fundenberger over 25 years. Our primary focus has been assisting instructors, which has been
Youth Entrepreneurs of Kansas quite successful, but we still felt something was missing…and that something was
direct communication with the students.
5 All’s Wellsville
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 Prepare to Adapt
Thus, Future CEO Stars was born.
9 Business Ventures
Our mission is to create a monthly publication that features successful young
Home Builders Institute
entrepreneurs from Consortium member organizations…designed to generate the
11 StEP in Ohio entrepreneurial mind-set!
National Council on Economic Education
Each issue has feature articles dedicated to stories written by students that tell
14 Success One Bag at a Time the secrets of their entrepreneurial success. Our hope is that this magazine will
Eva Harris motivate, educate, and stimulate young people to follow their examples and chase
their own dream.
15 Meet the MCs
IL Institute for Entrepreneurship Education
Founder of National Entrepreneurship
16 Messing with Doo Hickies Week, the Consortium for Entrepre- To Subscribe go to
neurship Education is a non-profit
19 Changing Directions
collaborative representing 90+ mem-
www.futureceostars.com
NFTE
ber organizations from national, state
21 Ryan Harrison and local levels. Together we repre-
National Museum of Education sent over 40,000 teachers and more
than two million students.
22 What Are You Afraid Of? Published by The Consortium for
Our common bond is the philosophy Entrepreneurship Education
23 My Own Thing that “to be successful in the emer- 1601 W Fifth Ave. #199
Buchholz Entrepreneurship Academy gence of a new global marketplace, Columbus, OH 43212
entrepreneurship education should www.entre-ed.org
24 Prominent Youth Taking Action Now mashmore@entre-ed.org
Prominent Youth be a critical component of the overall
education experience as a lifelong
Publisher: Dr. Cathy Ashmore
25 Student Stock Exchange learning process.” Editor: Michael Ashmore
Réseau des CJE du Québec
We invite readers to meet the Graphic Design: MediaSpark Inc.
27 Ask GoVenture Consortium members at: Graphic Artist: Jeff MacNeil
MediaSpark Inc
www.entre-ed.org/_contact Publishing Advisors:
28 Cleaning Up in North Dakota Soorena Salari, Young Inventors Hub
Learn about the Young Inventors Hub Al Abney, Consortium Advisory Council
Marketplace For Kids
at:
29 Creating a Positive Outcome Annual Subscription Available - $25.00
www.younginventorshub.com
NFIB Young Entrepreneur Foundation Contact: mashmore@futureceostars.com

31 Our Sponsors Join us!


©iStockphoto.com, martialwhite
I couldn’t wait to take the Entrepreneur-
ship class my high school offered.
I had heard about lots of kids getting free
backpacks and making money with our
school’s Food Fair. It seemed like a great
idea to me, especially since I had been
casually doing freelance photography for
a couple of years as a kind of business.
When I took the class, I excelled. It was
one of the classes in which I enjoyed do-
ing my homework and it helped that the
rewards were a little more tangible than
grades. In this class I was introduced to the
Young Entrepreneurs of Kansas program.
Through it I was awarded $800 my
senior year as venture capital, and I was
also given a $1000 scholarship.
This year, thanks in part to YEK, I’ll be
graduating debt-free from Washburn
University with a bachelor’s degree
in Mass Media and French. I have
been fortunate enough to be awarded
a scholarship each year from YEK.
In college, I’ve frequently been the first
among my peers to seize opportunities
available to me – and it’s my YEK ex-
perience that so solidly affirmed
4
Selling
Fundenberger
BY KARL FUNDENBERGER
this carpe diem (seize the
day) attitude in my mind.
I have worked on the
student newspaper and
yearbook all four of my
years at Washburn, and
because of my networking
there, I ended up get-
ting a part-time Graphic
Design job at Peterson
Publications, a small
publishing company in
Topeka. It was there I
learned invaluable lessons
about dealing with clients
in the design-proof-revise
process. I also learned to appreciate
working in an office environment.
In the spring semester of my junior year I
studied abroad in France. I had an incred-
ible experience learning the language
and culture, and I am truly a changed
person because of it. Again, a YEK
scholarship helped make this possible.
When I came back to the states, I was
a senior at Washburn and knew I would
need an internship to fulfill my degree
requirements. I wanted to try something
new. More than a month before school
started I applied for, and was hired, as
a Web Producer at WIBW-TV. When
school started, I did the paperwork nec-
essary to use the job as an internship.
As opposed to most of my fellow seniors,
I got paid for all the time I worked at my
“internship,” and I still work there, long
after my school requirements were met.
I thought in middle school that I’d grow up
to be a mechanical engineer. Then, as my
photography business developed in high
school, I thought I might be a photogra-
pher. Now, in college, I’m leaning to-
ward some kind of creative field involving
design. I honestly don’t know what my
future will bring – I just know that I want
to keep my options open. I’m doing well
professionally as a graphic designer,
both in print and online, and I intend to
develop and diversify my talents in re-
lated areas as much as I can. I still do
photography, but now instead of senior
pictures or basic portraits, I do weddings
and studio work. I’ve learned that I’m not
selling my photography or design skills –
when I go to an interview or meet people
at an event, I’m marketing myself, not just
a part of me or a skill I have. My business
isn’t Karl Fundenberger Photography.
It’s Karl Fundenberger.
This is only the beginning of my involve-
ment with the Youth Entrepreneurs of
Kansas – and really, it’s also the story of
the beginning of my career. I will always
be willing to work a little harder for my
rewards in life, even though they’re not
always tangible. And I know that some-
times I have to swallow my shyness to
be able to meet new people. I have
to make positive, strong relationships
and build on them. Above all, I have to
invest in myself by learning new skills
and braving new environments – it’s the
only way I know I can continue to grow
my success.
Future CEO Stars April 2008
All’s Wellsville
BY PENNY WILLIAMS
R ural Western New York is experiencing a renaissance
throughout many of its local communities. Not only
local artists and businessmen, but many students filled
with entrepreneurial spirit, are finding ways to become
more involved. One such town is Wellsville, and one such
businessman is Andy Glanzman, President and CEO of
Northern Lights Enterprises and the Wellsville Creative Arts
Center. The Creative Arts Center has turned into a creative
gym, through Andy’s support, where young people can
strengthen their creativity and benefit from the success of
their inspired endeavors. The Center has become a virtual
town square where everyone is welcome to take part in the
hands-on appreciation of design and the arts.
Wellsville has a population of approximately 5000 people.
It’s a community of people who love their rural setting and
friendly neighbors. But it also is a town that is feeling the
pain of a dwindling population and closing storefronts.
During National Entrepreneurship Week 2008, business-
men, teachers, and students worked together to find ways
of benefiting their communities.
The arts are a way that students can be directly involved
because of their talent, their teachers and their mentors.
The Creative Arts Center offered to hold a juried art show
where young artists could display their works and also put
a price tag on them so that interested citizens and tourists
could purchase pieces that caught their eye. This community
effort was supported with cash prizes from local businesses,
art instruction from educators from the region’s schools and
colleges and a beautiful setting within the Center.
Hannah Thompsett won the Best in Show cash prize for
her unusual work. Hannah’s creativity was shown via
the medium she used to create the piece. Rather than a
conventional paint and brushes she used 35,625 staples.
Her unique approach was prompted by her deep interest
in the arts and entrepreneurship. She understands that she
needs a special niche in order
to benefit financially from her
designs. There is no doubt
according to the customers,
the businessmen, and the art
Hannah at work show patrons, that Hannah
securing her future. will find great success in the
coming years as she identi-
fies or creates markets for her
unusual projects. Additional
information on activities at the
Wellsville Creative Arts can be
found at www.wellsvillecreativeartscenter.com

Future CEO Stars April 2008

5
Prepare to Adapt
o you think
S you have
a great idea for a
business. Your family
and friends all agree
and support your dream
all the way. After plan-
ning, fund raising, investing in
equipment and all the other stuff
you have to do to get started you
are open and ready to become an
entrepreneur. In the beginning you
did quite well and then all of a sud-
den your customers seem to have
disappeared. What happened?
Good question!
Many things can determine the
odds for success in an entrepre-
neurial enterprise. These things,
known as variables, are either
internally or externally based.
Internal variables include your
product offering, branding,
marketing, shop layout, loca-
tion, and other elements that the
entrepreneur can easily control.
The external type, on the other hand,
like the economy, technological
advancements, product demand,
political considerations, compe-
tition and the environment are
Future CEO Stars April 2008
considerably more difficult to fix.
For long term success it is important
to stay in tune with your mar-
ket and make adjustments when
necessary. Have you been to an
electronics store lately? A few
years ago standard picture tube
televisions were basically all you
could find, at least at a reasonable
price. Flat screens were new and
very expensive. This is no longer
the case. Today high definition flat
screens are everywhere. In fact, if
you see a TV with a picture tube at
all, it most likely is in the closeout
section and marked down for quick
sale. With this example, what is
going to happen to your business
if you are in television repair?
It is important to note that too much
adjustment can also be a problem.
For instance, continually changing
your packaging is not only expensive
but can confuse your customers.
The general public doesn’t
adjust to change very well. They get
comfortable with seeing a product
in a manner they are used to.
Product identification, important
for long term success, can be hurt
by change. Fast food restaurants
run into this on occasion. There
is nothing fast about having to
re-learn a basic menu and figure
out what you want to order.
A popular method to look at the
things that affect a business is called
a SWOT analysis. (Sometimes mis-
takenly called SWAT) SWOT stands
for Strengths, Weaknesses, Oppor-
tunities, and Threats. The first half
of this, Strengths and Weaknesses,
typically are your internal variables,
while Opportunities and Threats tend
to be external. There are volumes
written about this method to evaluate
any business situation. If you are not
familiar with the process it might be
helpful to do some research on it.
Wise entrepreneurs focus on their
strengths while working toward
reducing their weaknesses. They keep
an eye out for opportunities and are
very familiar with what the competition
is doing. They are aware of the fine
balance between adjusting to changes
when necessary while maintaining
continuity for their customers. Yes, a
good idea for a business is a good
start but for long term success it is just
the beginning.
7
 Business Ventures
in the Residential

Slobodkin
Construction Industry

©iStockphoto.com, Alex
It’s Exciting,
Fun and Challenging!
Prizes! Prizes! Prizes! A) Learning What Matters – What is a good business ethic?
Submit your answers to questions A through F and win a fun B) Know Your Business – What is your product?
prize! One entry per student. Provide: (1) your name and C) Making It Special – What’s in a name?
grade; (2) your teacher’s name and subject; (3) the name,
address and phone number of your school; and (4) your D) Corner The Market – How will you reach your customers?
answers for questions A through F. Submit your entry via E) If Money Doesn’t Grow On Trees – Where does it grow?
email to buildacareer@hbi.org or fax to 202-266-8999.
F) Getting Down To Business – Do you need a business plan?
Start with a good business ethic and end with a plan!

(those that build more than 25

3) Are large-volume builders
Win a Bonus Prize! homes a year).
single-family, condos, town hou
ses,
Test your knowledge! 4) Build all types of housing —
Are you up for the challenge? and rental proper ties.
do you want – custom or pro-
What type of building company land they own.
nce? Answer all the questions 5) Build on
duction? Do you know the differe
categories by placing the number 6) Build on land you own.
correctly for the following two r
the statement describes.Answe
next to the type of builder that e. 7) Build one-of-a-kind houses
.
the next issu
to bonus questions will appear in 8) Build single-family homes.
era lly: level, move up,
Custom home builders gen ld for all price points — entry
9) Generally bui
luxury, etc.
they own.
Production home builders gen
erally: 10) Builders also build on land
build ser vices.
11) Builders may offer design/
es.
a unique set of plans for a 12) Tend to build high-end hom
1) A site-specific home built from
specific client. 13) Tend to use stock plans.
builders (those that build 25 or choices and options.
2) Are generally small-volume 14) Usually offer a variety of plan
fewer homes a year). Information provided by the Nati
onal Association of Home Build
ers.

For details contact: C. Deanna Lewis via email at

buildacareer@hbi.org or phone at 1-202-266-8927

Future CEO Stars April 2008

9
StEP
in Ohio
BY CHEYENNE RILEY
M y initial introduction into entrepre-
neurship started in fifth grade at
Parham Elementary, Cincinnati Ohio
through a Student Enterprise Program
(StEP). We sold custom decorated jour-
nals. As Table Manager I was responsible
for overseeing eight people. Some days
it was hard, but it was fun and I learned
a lot about leadership.
Now I’m in seventh grade, and the StEP
program has set up a store in our school.
After applying and interviewing for these
jobs, five classmates and I are running
this store. I’m good at math and very
organized so I got the job as Treasurer.
I’ve gained a lot of experience and am
confident about being a young leader.
I want to go to Hughes High School and
then go to college to be a Forensic Scientist.
I have great plans for my future. One
of my goals is to get a job after school
when I turn fourteen. The StEP Coordina-
tor said that I can use her as a reference.
It’s important to be good with people and
I am learning a lot about that in my school
store job. Respect is very important too.
People will listen to you if you listen to
them. I’ve also learned a lot about team-
work. Another great benefit is my mom
and dad are very proud of me!
You can read about how the StEP program
teaches entrepreneurship to students in
Cincinnati Schools to the right.
Future CEO Stars April 2008
From left to right: Melik Coleman, Cheyenne Riley, Quincy Jones
The Student Enterprise Program
(StEP) teaches Entrepreneurship
to Students in Cincinnati
Schools.
Sustainability in the Student
Enterprise Program (StEP) is a
way of life.
Parham Elementary is the first school
in the Cincinnati Public School district
to begin to operate their own school-
based store. Students in seventh
grade are running their school store,
managing inventory, setting prices
and so forth.
At the recent 30th anniversary
celebration luncheon of the Economics
Center for Education & Research,
Parham students and their teachers
were honored for their dedication and
entrepreneurial mindset. Quincy Jones
and five of his seventh grade peers were
honored for the leadership roles they
are taking at their school. The school’s
principal, Karen Luckie, worked with
students to transform a former school
storage room into a student-run school
supplies store.
Parham Elementary students have
been participating in Economics
Center’s StEP for the past two years.
The combination of excessive school
supply provision, availability of com-
munity business partners to conduct
interviews, and students desiring to
work in the store, gave way to the first
student run school store in this urban
district. Six students were selected as
manager, treasurer, and workers/
stockers. These students cleaned out
the storage room, inventoried the sup-
plies and created a welcoming space
for other students to purchase items.
Students “earn” their cash for positive
behavior, attendance, and academic
improvement.
These inner city students have gained a
great deal of self-confidence through this
effort. From the interviewing process to
communicating with younger students
about their choices, the students are
realizing the positive benefits of a job well
done. What else is in it for them? They
are provided time out of the classroom
to run the store and are paid real money
for their efforts.
11
 SELL 3
GET 1 FREE!!!

Help promote Future

CEO Stars magazine and
earn cash in the process.
Every fourth subscription
you sell puts $25 in
your pocket.
FUTURE CEO ST
ARS

Limited time offer

so check it out now.

For more info go to

www.FutureCEOStars.com iS
toc
kp
ho t
o.c
om , Julie
n Tromeur

or write to mashmore@entre-ed.org
with subject line “3 + 1 offer”
 Do You Want to See Your Story in Print?
Well, if it works for our magazine, we will print it.

We want your story!

FUTU R E C E O S T A R S A you running a successful
Are
business, or hope to, and
want to tell others about it?

Do you want to give

acknowledgement or thanks
to those that have helped
you along the way?
In This Issue

YOU Could other students gain

from learning about your
successes or warnings
about your mistakes?

With the exception of cleaning up some grammar, spelling, and
other technical stuff your English teacher wanted you to pay
attention to, we’ll leave your message the way you send it to
us. It is, after all, your message and this is your magazine.
All we really need is one page (typed) with a picture or two
(1500kb jpeg files or larger are best) about what you want to
say. Of course, the articles and pictures you send become the
property of the magazine and will not be returned. Also, they
may be used for other promotional purposes by the magazine
and its parent company, The Consortium for Entrepreneurship
Education.
instruction sheet to give you some suggestions on how to put
your story together. Just write us (at the address below) and
we’ll be glad to send it to you.
What have you got to lose? Here is a free chance (there is
absolutely no charge for students to submit their story) to get
no cost advertising for your product, web page or service.
Opportunities like this don’t happen often.
This is your magazine. It’s reaching thousands of classrooms
each month. This is your chance to help yourself and help
others in the process.

If we use your story, we will get your final approval of all edits Change has to begin somewhere and often the best way to
before we print it. To make it easy we even have a writing pay something back is to pay it forward!

Sincerely,

Mike Ashmore
Editor, Future CEO Stars Magazine
mashmore@entre-ed.org
 Success One
Bag at a Time
BY EVA HARRIS
W hat do you think makes a successful
entrepreneur? Devoting all of
your time to the business? Having lots
of money to invest? Doing everything by
yourself?
Wrong! Four spirited and successful
young women are proving that as long
as you have a good idea and a little
willpower, you can do anything!
Waggies specializes in homemade dog
biscuits and is run by four women who—
despite having cognitive disabilities—
have experienced amazing success
and built a client base spanning several
states.
Waggies proves that teamwork and
energy are crucial to business. Maggie
Corrigan mixes the dough; everyone
helps cut out the bone-shaped biscuits;
the whole crew helps count; and Laura
Kelly enjoys bagging the cooled peanut-
butter flavored treats. Elizabeth Nolan
serves as marketing guru, doing the
computer work and preparing the ship-
ping and bag labels for Waggies.
The community has also embraced
Waggies. Local gift shops are
14
Three bakers Caitlin preparing a new batch of biscuits.
snatching up bags faster than the girls
can bake—the Christmas season was
especially busy, they report. Luckily, Meet the Crew!
a local church, Aldersgate Methodist
Elizabeth Nolan is a 20-year old
Church, provides an industrial kitchen
from Brandywine Hundred, DE who
to help keep up with orders. Local busi-
enjoys dancing, acting, and Broadway
nesses have also helped fine tune the
shows when she’s not bowling, playing
process—a local welder strengthened
basketball, or hitting the tennis courts.
the biscuit cutters and a friend donated
floor mats to help ease tired feet after Laura Kelly is an 18-year old from
long hours of kitchen work. Newark, DE who loves acting, swim-
ming, bowling, and soccer.
Though Waggies is a thriving business,
there’s still time to do more! Elizabeth Laura Scott is a 23-year old from
works for Neurology Associates and Middletown, DE who is an accomplished
the Center for Disabilities Studies. Laura actor, athlete, and hip hop dancer.
Scott also holds two jobs, one with the
Maggie Corrigan is a 21-year old
Middletown Senior Center and the other
from Greenville, DE who loves acting,
at a Bob Evans Restaurant.
running, bowling, and basketball.
So, with all of this success—selling
Caitlin Coughlan is a 19-year old
600 bags in the first 10 weeks of
from Hockessin who loves American
operation alone—what do the girls
Idol, baking Waggies biscuits on Thurs-
envision as their next step? Laura Scott
days, and Hollywood Trivia.
and Elizabeth’s goal is to be featured
on Oprah. Laura Kelly, though, sees Want to Purchase Your Own Bag of
Waggies as something that should hap- Waggies? Visit www.waggies.org or
pen all over the country, saying that call 302.598.2967
“Everyone should have a job like this
that’s so much fun to go to!”
Future CEO Stars April 2008
Meet the MCs
BY KANDI CONDA
T he IIEE Young Entrepreneurs Conference
brings intelligent and driven young peo-
ple together to share and network for their
future. It also attracts future leaders to take
part in the many and varied activities that
make up the weekend long conference.
Below are some thoughts and reflections
from this year’s MCs.
Rania El-Sorrogy (pictured above, left)
Last year, I observed students networking,
making friends and connecting with future
business associates. The three days of-
fered a unique opportunity for students and
teachers to focus on learning new strate-
gies for launching and growing a business
in the real world. I’m most looking forward
to the Student Business Expo to see what
new products and services these young en-
trepreneurs will have to offer.
Education: DePaul University; B.S., in
Bus. Admin. Minors include Economics
and Italian.
Business: Operating PulzART (a video-
streaming and social network for dance
enthusiasts), patenting a new bookbinding
technology and serving on three non-profit
boards in the Chicago area, including IIEE.
Arthur Mortega (A.J.)
(pictured above, center)
The conference was a first of its kind ex-
perience for me – the students were fo-
cused, energetic and showed high levels
of professionalism. It was dynamic to be
surrounded by hundreds of high school stu-
dents years younger than me, but with a
huge head start. My expectations are to
see these students do it bigger and better
than last year.
Education: Senior, DePaul University;
Major: Computer Games Development.
Business: Juice in a Box is an adver-
Future CEO Stars April 2008
gaming company that creates interactive
ad campaigns for the web. We design
and develop web games created to enter-
Business: My current start-up is Green-
Werks, an eco-friendly contracting compa-
ny in Chicago that specializes in residential
tain people and help brands communicate remodeling. I previously owned a small
and build relationships with their clients. high-end design and build landscape firm.
“Entrepreneurship is living a few years of
Deminique (Demi) Lobo your life like most people won’t so that you
(pictured above, right) can spend the rest of your life like most
As I moderated the panels last year, it was people can’t!”
obvious the students learned a lot from the
workshops and the business competitions.
This year we expect they will turn it up a
notch, because each year their entrepre- The Illinois Institute for Entre-
neurial talent excels. With our new theme preneurship Education (IIEE)
“The Profit Factor, It’s more than Money”, invites young entrepreneurs and
we will help the returning students to learn their instructors to register for the
about profit, finance and building their 2nd Annual IIEE Young Entrepre-
business.
neurs Conference to be held May
Education: Sophomore at Eastern Illi- 1-3 of 2008 in the Chicagoland area.
nois University; Major: Mass Communica- Students from around the country
tions. I am currently an “on air personality” participate in: Business Work-
at the “The Odyssey” and next year I’ll be
shops, Business Plan Competitions,
at WEIU radio station.
The Young Entrepreneur Expo,
Business: In high school I had two very The “E” College Tour, Networking
profitable businesses and I am currently the with adult and young entrepre-
Co-owner and Vice President of Young Mil-
neurs, presentations from nation-
lionaire, LLC. We assist teens and young
adults with financial literacy. ally known Keynote Speakers and
more! For more information go
to www.iiee.org or call IIEE at
Chris Campbell
(312)587-9296.
Although this is my first year, I can offer all
of my skills and training to up-and-coming
entrepreneurs. I have expertise in diverse
management, sales, small business and en-
trepreneurial skills to drive success for small
business. After hearing so much about the
hard work, dedication, commitment, enthu-
siasm and great businesses at this confer-
ence, I can hardly wait to help and see the
students in action.
Education: Junior, DePaul University;
Major: P.R./Marketing.
15
 Messing with Doo Hickies
o, you’ve sat in math class and triangles don’t really come into
S wondered “Why do I have to play when you are deciding what
learn all this stuff?” Obviously, supplier best suits your needs.
some mathematical concepts On the other hand, other math
apply more generally to being concepts are necessary and
an entrepreneur than others. sometimes even critical for
For instance, hypotenuses of success.

Doo Hickies (the innovative

Source A) Do Dah Doo Hickies
product that has crushed widgets
and taken over the market of Product cost $2.00
imaginary products) are very
Delivery cost $0.10 per Doo Hickie
popular. You are a Doo Hickie
specialist. You have decided to Handling cost 10% of product cost
open up your own Doo Hickie
distribution shop. Although you Source B) Woopty Doo Hickies
do some Doo Hickie repair on Product cost $1.50
the side, your main business
is in new Doo Hickie sales. Delivery cost $0.20 per Doo Hickie
You have three sources for Doo Handling cost 20% of product cost
Hickies. All of them are of the
same quality (obviously this Source C) Doo Hickies and Doo Dads
is not the real world) and are
Product cost 1.50
accepted by your market. You
have to decide which is the best Delivery cost FREE
source based on the following
information. Handling cost 30% of product cost

Future CEO Stars April 2008

16
Given this information, and assuming everything else

©iStockphoto.com, Kutay Tanir

is the same…

1 What is the cost of Do Dah’s Doo Hickies?

2 What is the cost of the Woopty Doo Hickies?

3 What is the cost of Doo Hickies and Doo Dads?

Now the owner of source 1 (Do Dah Doo Hickies) is an

old friend and really wants your business. He tells you
that if you buy 100 he can give you a 20% discount on
product cost.

4 What is the new price of Do Dah’s Doo Hickies?

5 How much do you have to invest to get this price?

Not to be outdone, Woopty finds out about your new

deal and offers you a 30% discount on the second 50 if
you buy the first 50 at full price.

6 What is Woopty’s (source 2) new price?

7 How much do you have to invest to get this price?

For this exercise there were only 3 variables that really needed to
be adjusted to determine the best source. In the real world, there are
countless figures that have to be crunched all the time. To maximize
profits an Entrepreneur has to stay on top of his sources and keep up
with these ever changing numbers.
This is just one little example of the type of mathematics an Entrepre-
neur must master to excel, or even survive, in the highly competitive
profession of being an independent business owner. Of course if
math isn’t your field you can hire someone else to do it for you, but
how will you know if they are getting it right? As for the hypotenuse
of a triangle… If it were only that easy!

Answers: 1) 2.30, 2) 2.00, 3) 1.95, 4) 1.84, 5) 184.00, 6) 1.70, 7) 170.00

Future CEO Stars April 2008

17
 Future CEO Stars April 2008
18

iStoc
kpho
to.c
om,
Pes
kyM
on
key
M y name is Sisat Igzao. I am 18
years old and immigrated to Israel
when I was 3. I am the youngest of 5
children and have a twin sister. The rest
of my family is Jewish Orthodox and I
am not. This was a source of conflict be-
tween us for many years, but now my
family has learned to accept me and we
are on very good terms.
Sisat Igzao
When I was in school I always felt like
I didn’t fit in socially, and I had trouble
adjusting. Eventually I left the school I
was attending and switched to an ag-
ricultural high school, but there too,
Future CEO Stars April 2008
Changing
Directions
BY SISAT IGZAO
I did not find my place and I was bored.
At 16, I decided to leave school
altogether and join the workforce, but
dinner in New York to be honored as a
2008 Global Entrepreneur of the Year.
Before I was introduced to the youth
I didn’t try very hard to find or keep a
business project, I was introverted and
job. For a long time, I sat at home, or
never thought that I could make it in the
wandered the streets.
business world because I didn’t believe
One day a truant officer approached me in myself. The project strengthened my
about an offer from the welfare staff to self-confidence and taught me how a per-
enroll me in a high school equivalency son’s faith in himself can take him very
program run through the city’s dropout far. I know that had it not been for this
prevention and youth advancement program, I would be in a very different
unit. The counselor there suggested place. Today, my outlook is a long-term
that in addition to completing my one, not just focusing on here and now.
studies, I should consider participat-
Thanks to the knowledge I gained, I vol-
ing in a business initiative run through
unteered as a youth counselor in Kiryat
the Galshan non-profit organization,
Gat. I am currently awaiting approval
which operates a business venture
of my request to volunteer in my own
for youth in Ashdod. Through my
Ethiopian community in Ashdod, so that
participation in the business venture
I can encourage young teens and prove
program, I had the opportunity to
to them that everything is possible if they
study entrepreneurship, sales and
want it.
marketing at the College for Man-
agement. During my studies, I In June 2008 I will enlist in the Israel
began to work in sales and public- Defense Forces and hope to serve in a
ity for a billboard business. combat unit. When I have completed my
tour of duty I plan to open my dream
In May 2007, I participated in a
business. It’s amazing what a push in the
NFTE BizCamp (a week-long busi-
right direction can do for your outlook on
ness camp at a hotel in Jerusalem
life and future success.
sponsored by NFTE and Ashalim).
At the BizCamp, we were taught
how to get a business started and the
world of business was opened up to me.
I prepared a business plan for a black
music club and won first place in the
competition. This month, I will be flown
to NFTE’s annual international awards
19
Future CEO Stars April 2008
21
 What Are You Afraid Of?
F ear. Did you notice that tingle in the
back of your spine when you read the
word? Fear is such a powerful emotion
that just thinking about it can trigger
feelings of apprehension. Unfortunately,
many people go through their whole lives
only dreaming of what could have been
instead of taking a chance on pursuing
their dream. What stops them? You’ve
got it — fear.
Of course, fear can often be a logical
response to a dangerous situation.
Whether based on experience or
instinct, it can be a useful mechanism
for self preservation. Fear (and common
sense) keeps people from jumping out
of windows and wrestling bears. This is
rational fear. There is a distinct difference
between this type fear and the irrational
variety. Irrational fear, although often just
as powerful, comes from perceptions
and projections rarely based in reality.
Fear of change, the unknown, or taking
a reasonable risk often is irrational.
For instance, many people are very
afraid of public speaking. They go
through their whole day talking their
heads off but when you put them in front
of an audience, even of the same people
they chat with, they freeze up. When
asked why, many respond, “I don’t know
why I’m afraid, I just am,” indicating that
their risk analysis of the situation is faulty or
non-existent. Their answer to the question
“What is the worst thing that could hap-
pen?” isn’t based in reality or hasn’t even
been well thought out. The truth is, your
audience won’t eat you and if they laugh
it is usually with, and not at you.
People operating with an Entrepreneur-
ial mindset typically deal with irrational
fear in a positive manner. They take what
It takes effort and diligence to overcome
irrational fear. Society is constantly bom-
barding us with messages that failure is
others see as a problem and look at it unacceptable. This attitude trains people
as a challenge. They view what non- not to try. With very few exceptions,
entrepreneurs call a failure as simply a everyone that has achieved entrepreneur-
learning experience. For a true entrepre- ial greatness has failed at least once.
neur, being knocked down is an oppor- Failure, or better said, “life lessons”, is just
tunity to practice getting up. It is often this part of the process. It shouldn’t be feared.
positive attitude about irrational fear that On the contrary, it should be embraced
makes the difference. because every unsuccessful attempt
moves entrepreneurs one step closer to
According to Henry Ford, the father of
success!
mass production, “Failure is the oppor-
tunity to begin again, more intelligently.”
He would have known, because his first
attempt to start a company that mass pro-
duced affordable automobiles, while
paying his workers high wages,
failed miserably. It started in 1899
and was dissolved in 1901. Think
of the historic ramifications had
Ford just quit and went back
to running his family
farm like his
parents
expected
him to do.
©iSto

According to a Gallop survey, two thirds

ckpho

of high school students when asked the

question “What do you want to do for a
to.com

living?” respond “Run my own business”.

,
Brett L

Obviously there is a large gap between

this response and what really happens.
amb

Often these “would be” Entrepreneurs end

up stuck in a career working for some-
one else, someone who didn’t let their
irrational fear control their destiny.

Future CEO Stars April 2008

22
 A t age 17, I already know that entrepreneurship is for me.

©iStockphoto.com, Alexandr Smulsky

I don’t much like to be controlled by other people—I like to
do my own thing in my own way. As a student in the Academy
of Entrepreneurship at Buchholz High School, I’ve learned many
things about how to start and operate a business. As a junior this
year, I ventured into the dual enrollment program and now take
most of my classes each day at Santa Fe Community College,
which is just down the road from Buchholz. By the time I gradu-
ate from high school, I will have earned my AA degree. As a
member of Boy Scouts of America, I’ve achieved the coveted
Eagle Scout rank; during that process I learned to pursue things
that motivate me and stick to my goals. Being able to chart my
own course and do things differently from most other people is
one reason that I started my own business in lawn care.

My Own Thing I was turned on to lawn care when I first moved to Florida. I had
never seen a commercial lawn care business—where I came
from, everybody mowed their own lawns. The professional who
BY BRANDON TYLER VICKERY mowed my neighbor’s yard asked if I would like to help him.
I got a job with him and started mowing lawns in my neighbor-
hood with my push mower and an electric trimmer. I also trim
hedges, line trim, and pull weeds. After three years, I stopped
working for him and bought full commercial equipment. I have
been mowing lawns for five years now and have experienced
both the good and the bad of entrepreneurial life.
I love that I can choose my own schedule and that I have no
one to boss me around. By working for myself, I earn more
money and don’t have to worry about an hourly wage. I sched-
ule work on two or three days each week and do all the work
on those days. Those days are very busy, but this schedule
allows me to take three to four-day vacations occasionally
during the summer, or to do other things that I want to do. I plan
to expand my business within the next year and have several
crews working throughout the Gainesville and Ocala areas.
This will require me to purchase two more sets of equipment to
be run by other people working for me.
During the winters I have had problems with funds. To compen-
sate for this, I learned to put money away in the summer to help
me through the winter. I handle equipment problems by going
into this fund to pay for parts, and I do the work myself to save
money. My most effective marketing has been flyers and word
of mouth. I placed an ad in our local yellow pages; however
the results from this were not very productive.
If I could give advice to someone considering starting their own
business, I would say you should never give up, even when
times are bad. You just have to learn to plan ahead and ad-
just. Set realistic goals, and then stick to them. Finally, observe
not only your own mistakes but also mistakes made by other
people, and learn from them. Its OK to make mistakes—just
Brandon Tyler Vickery don’t keep repeating them.

Future CEO Stars April 2008

23

Prominent Youth
Taking Action Now
BY BARBARA MININGAT
I nnovative passion is the driving force
behind this student-run organization.
Society’s general consensus regarding the
success of a high school student assumes
that we will not find success in the busi-
ness field until after college graduation.
Prominent Youth, Inc. (PY) has created a
fighting opposition to this status quo.
PY partners believe that young adults
do not have to wait until we finish our
education to finally begin developing
our passions. We have the capabilities
and knowledge to achieve now. All busi-
ness professionals understand that it is
an immensely competitive world – so PY
is giving a head start to America’s future
leaders.
The organization began in June 2005
as a concept to provide high school
students with an opportunity to enhance
their natural talents in the business world.
Unlike typical employment opportunities
available for young adults, this new or-
ganization has provided alternative jobs.
While others earn minimal wages,
24
student members of the PY organization
work to achieve unconventional heights.
“Prominent Youth is a means for young
adults to earn their way, their own way,”
said Scott Beeson, Founder/CEO of
Prominent Youth, Inc. “They pursue their
passions with counsel from nurturing
mentors, and through that pursuit, they
discover that it takes hard work to make
your passion a reality.”
Among the varied projects is Stop N
Shop, an online eBay trading assistant
and one of the longest running PY busi-
nesses. Forté Photography is a photogra-
phy business that captures moments for
all occasions, created by Sarah Dawes,
a freshman at Central Missouri State
University, and Samantha VanPool, a
freshman at Maple Woods Community
College. Array KC magazine is a
student produced entertainment publi-
cation geared toward the 14-22 age
group that has successfully completed its
seventh issue. PY Productions is a team of
PY partners that organizes, promotes and
runs various events that cater to teenagers
while providing a safe and entertaining
environment.
“As opposed to waiting until we go to
college and get a Bachelor’s degree we
can do it now,” said Chad Brownsberger,
a team lead of the PY Productions team
and senior at Platte County High School.
“We can do so many things ahead of
time that most people only take advan-
tage of after college.”
Prominent Youth, Inc. is a non-profit orga-
nization that pays students to create their
own businesses with the help of guiding
mentors trained in correlating fields. PY
began in May 2005 with a small group
of Kansas City, MO teens and mentors.
The goal was to have students develop
their own income stream by creating,
developing and selling their own
business ideas. Today, PY has over 60
guiding mentors and young adults with
15 student owned businesses in action.
“PY gives students an opportunity to
develop their passions into real world
experiences. Students get paid while de-
veloping their entrepreneurial dreams,”
said Matt Magnuson, Director of Internal
Businesses for Prominent Youth, Inc. and
Park Hill High School marketing teacher.
“It’s exciting to see students take what
they learn in the classroom and apply it
and be successful.”
The sole purpose of the organization is
to open doors for excelling students and
to ultimately better the community.
“These students are capable of building
their own business and have the ability
to lead, at this age, and learn what
most believe people should learn after
they get their degree,” said Beeson.
“This is real – students can rise up to this
challenge daily, now.”
Future CEO Stars April 2008
Student
Stock Exchange
BY JOSÉE-ANN CLOUTIER
F ebruary 21st, 2008 the Carrefour
jeunesse-emplois Anjou/Saint-Justin
teamed up with Anjou High School to
launch their third year participating in
the Student Stock Exchange (SSX). The
SSX is an enterprising program designed
to stimulate and engage high school
students in transforming theory into prac-
tice. Students develop an innovative
idea/product, form a company, and
sell their product to the public (general
student population).
The project nurtures entrepreneurial skills.
The students, working in teams of 6 to
10, literally must bring their product to
market. Each team designates a position
for each of its board members including
CEO, accountant, company lawyer,
directors of marketing and purchasing,
etc. Among their many responsibilities,
the team must define a mission statement
and an ethics charter for their company,
budget and raise capital, provide for
accountability procedures, conduct sur-
veys, advertise, review legal obligations
La Pépite d’or (The Gold Nuggets)
Future CEO Stars April 2008
and establish a charitable giving
policy (this is in addition to donat-
ing to the school).
Discussing, negotiating, practicing
diplomacy and learning to accom-
modate are all parts of the conflict
resolution situations that they face.
The SSX combines wireless tech-
nology and old style bidding pits
as both students and staff make
their way through a crowd of I Love Bretzel
highly energized bidders. Students
use the money raised to operate
theme of mining to exploit and sell their
the company. Shareholders, parents and
pastries under the slogan “golden nug-
the community can follow the progress
gets for minors.” Other products sold in
of each business online. www.ssx.ca.
creative ways include poutine (regional
In addition, business leaders are invited
meal), smoothies, pizza, pastries, fruit,
to sit in as honorary board members of
organized events and shows.
the newly founded companies. As men-
tors, they guide, motivate and inspire The innovation and creativity used to
teams to do well. transform simple products in a way that
will magnetize the buyer is impressive.
The SSX began in 1995 at Loyola
Audrée Fortier, Entrepreneurship Aware-
High School by professor and vision-
ness and Promotion Officer, started by
ary Francis Scardera who sought to
supporting teachers in presenting work-
transform the learning of economics
shops in class on various topics such
from a textbook into an interactive
as marketing, fundraising and market
experience. 439 companies
research. Now she coaches students
have been founded to date and
and supports teachers in guiding these
they are still counting! How’s
student companies. She also created a
that for success? Awards for best
mentoring program with local entrepre-
website, best kiosk, best slogan
neurs who visit and consult with students
and more are presented at a fi-
on how to improve their ventures.
nal gala to celebrate and recog-
nize student accomplishments. The SSX offers students practical skill sets
and memories that will last their entire
Anjou High School is one of the
lives. To learn more about how students
many high schools participat-
are fostering their entrepreneurial spirit
ing in the SSX across Quebec.
visit www.ssx.ca
To date there are 24 businesses.
Some of them include: I love
Bretzel, (inspired by New York,
the youth used the “I love NY”
logo to promote their home
made bretzel company). P. my
crêpe serves no ordinary crepe-
it is a transformative, highly
delicious and colourful experi-
ence to be had. The pépite
d‘or (golden nuggets) uses the
25
 The GoVenture Entrepreneur board game
combines the best of your favorite board
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• Paying Expenses Education Version
• Preparation of Balance Sheet and Profit
• Managing Cash Flow with teacher
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• Investing in Product Quality and Marketing
• Accounting General Journal and General
• Negotiating with other players Ledger (optional)
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• Balancing work and life • and much more!

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Software, mobile, board games, card games, and more! www.goventure.net
 Ask GoVenture FAST FACTS
Einstein and the Rule of 72

“ Do you have any advice for

creating a company tag line?
A tag line is a short description of your
”
Brainstorm — Generate as many ideas
Albert Einstein is often credited with
discovering the compound interest rule
of 72:

72 ÷ interest rate = number of years it

company or your products and services.
It’s a brief, descriptive, and memorable
line that often comes after a logo or com-
pany name. With some creativity and
persistence you can develop your own.
Decide what to communicate — Think
about your customers; what benefits you
give them; what action you are trying to
obtain from them; what sets you apart
from your competitors; and what feeling
you want your tag line to evoke.
Research – Gather as many company
tag lines as you can. Think about what
words each company uses, and how
they relate to the communication factors
described above.
as you can, and don’t discard any as
unworkable. You may find later that what
seems like a bad tag line might be very
good if combined or reworked with an-
other idea. Go through all of your ideas
and pick out two or three that you think
have the best potential.
Choose — When you find a tag line that
meets your communication and company
criteria, do some research to ensure it is
not already being used. And, ask what
others think of it. If it’s a keeper, consider
registering it as a trademark.
will take an investment or debt to double
Example: 72/10% interest = 7.2 years for
an investment to double
It’s rumored that Albert Einstein once
said that compound interest is the most
powerful force in the universe.
Source: www.ruleof72.net
About GoVenture
GoVenture is a line of award-winning
educational games and simulations,
including software, board games,
mobile games, website, books, and more.
GoVenture educational games and simula-

GoVenture Activity
tions offer the fastest, most effective and fun
learning experiences ever!
Matching — Stock Market Similar to how pilots train using flight
Directions: simulators, highly visual and realistic
GoVenture programs enable youth and
Match the letters on the left with their
corresponding definitions on the right.
adults to gain years of business, money
and life experience in minutes.
A. Volume The most common type of stock available and is the last
Become the CEO of a virtual business,
to get paid in case of bankruptcy.
a stockbroker trading on a virtual
B. Ask Price This term refers to an investor’s ability to sell their stock in exchange, or navigate your way through
a company, quickly converting the stock to money. the next 50 virtual years of your financial
C. Preferred Stock future.
Distributions of money, stock, or other property a corpora-
tion pays you because you own stock in that corporation.
D. Spread More than just fun and learning,
The price as determined dynamically by buyers and GoVenture provides an experience that
E. Bid Price sellers in an open market. enables you to realize your potential,
The lowest price a seller is willing to sell a stock for. both in terms of what is possible and the
F. Dividends wisdom of how to make it happen.
The difference between bid and ask prices.
G. Stock GoVenture is used in homes, schools,
Ownership of more than 50 percent of a company’s
universities, and businesses throughout
voting stock.
H. Market Price North America and around the world.
The number of shares being traded.
Visit the GoVenture website
I. Common Stock The highest price a stock purchaser is willing to pay. for many more free resources!
A percentage of ownership in a company – also called
J. Majority Interest
shares.
K. Liquidity A class of stock which may have additional rights other
shares do not, and which has a higher priority getting
paid in the event of bankruptcy. www.goventure.net
Answers: 1:I, 2:K, 3:F, 4:H, 5:B, 6:D, 7:J, 8:A, 9:E, 10:G, 11:C

Future CEO Stars April 2008

27

Cleaning Up
North Dakota
BY JESSICA SILIS
M y name is Jessica Silis and I am the
winner of the 2008 BOSS Business
Plan Competition. I am originally from
Germany and just received my Bachelor
of Science degree in Business Adminis-
tration from Dickinson State University
this past December.
It all started in January when Dr. Knude
Swensen (my entrepreneurship instructor)
told us we would have to write a busi-
ness plan about a product or service
that doesn’t exist yet. After brainstorming
unsuccessfully for some time, my partner
Lindsay Martin and I took a different
approach and asked ourselves the fol-
lowing question: What industry has the
most promising growth in the State of
North Dakota? —The oil industry! Once
that was established, we quickly came
up with the idea of a mobile laundry ser-
vice catering exclusively to oil rig loca-
tions, and “Rig O’ Mat” was born. After
talking to several friends who work on
oil rigs, it became apparent that there
indeed is a large void that needed to be
filled when it came to the workers’ rig
clothes. Crew members have to drop off
their clothes at local Laundromats, since
pick-up services do not exist.
28
ND Agriculture Commissioner
Roger Johnson, Jessica Silis,
and U.S. Senator Kent Conrad
©iStockphoto.com, David Mingay
In order to be able to better support our
claim, we conducted extensive research
on the oil industry in western North
everyone else in the competition was
going through the same thing. After it
was all said and done, I was hoping to
Dakota, and slowly but surely realized come in fourth or fifth; winning first place
that we had a bigger business idea in really took me by surprise.
the making than we originally thought.
No matter how crazy or even simple
There are substantial profits to be made
an idea may sound, don’t throw it out
in that industry, and therefore, potential
right away thinking it would never work.
investors wouldn’t be hard to find.
Sometimes it’s the easiest thing that turns
When we found out that our business out to be the best.
concept was among those selected for
The BOSS Business Plan Competition is
the BOSS Business Plan Competition,
held annually in conjunction with Market-
we were pretty excited. I knew that a
place for Entrepreneurs. The Organizing
well written business plan alone wouldn’t
Sponsors for Marketplace for Entrepre-
be enough to win; I had to be outgoing
neurs and the BOSS Business Plan Com-
(which isn’t hard for me to do), passionate
petition are U.S. Senator Kent Conrad
about the business, knowledgeable
and ND Agriculture Commissioner Roger
about the industry, and able to convince
Johnson. More information can be found at
the judges that investing in Rig O’ Mat
www.MarketplaceForEntrepreneurs.org
would be money well spent.
Looking back on the project, writing
the business plan was a great chance
for Lindsay and I to implement what we
had learned in college. It also provided
us with insight as to what is required
to start your own business. The BOSS
Business Plan Competition was a great
experience. To tell you the truth, I was a
little nervous about my presentation, but
Future CEO Stars April 2008
 Creating A
Positive Outcome
BY AUSTIN PACE JACOBS
W ho would have ever imagined
that an innocent go-cart ride
would cause such turmoil? The ride was
so tragic that my entire life as I knew it
came to a complete standstill. When I
was ten, I was thrown into a medical
nightmare that gave real meaning to the
word sacrifice. Charles Dubois’ state-
ment, “The important thing is this: to be
able at any moment to sacrifice what we
are for what we could become,” is an
accurate reflection of my life for the past
eight years.
On June 25, 1999, my go-cart
went airborne and flipped end over
end three times. My body was one
massive contusion with a super-condular
fracture of my right elbow that
required temporary pins to secure the
bone placement. Although the wreck
was bad enough, my real problems
began when the surgeon pierced my
ulna nerve while putting me back
Austin Jacobs with his award-winning work.
together. By October I had lost all feel-
ing in my right hand. It was cold to the
touch, lost its color and was beginning
to atrophy. With no guarantee of suc-
cess, my parents took me to Louisville With God’s help and guidance from
for corrective surgery.
Future CEO Stars April 2008
©iStockphoto.com, Bill Noll
As a result of the surgical error, I was
forced to sacrifice everything I was for
what I have become. My athletic ability
is just a childhood memory now
because I no longer have the gross
motor skills nor the strength necessary
for sports. I had to re-learn everything
from writing to personal self-help
skills. At first it was hard to accept
being different from my peers. While
my friends were going to football or Austin Jacobs at work.
basketball practice, I was traveling
to Lexington, KY for my physical and turn an extremely difficult situation into a
occupational therapy appointments. bright future. I have received local, state,
But my occupational therapist wouldn’t and national recognition for my wood-
allow me to wallow in self-pity. As part working projects. Even though I have
of my therapy, he taught me a trade. limited use of my right hand, my life
For strengthening exercises I was taught has purpose and direction. My wood-
to sand, assemble, and stain wooden crafts compete successfully with those of
projects. When I completed my first one adult craftsmen. I have traveled to the
I was so elated! I was successful once state and national Occupational Hand
again. Therapy conventions to demonstrate my
A year later my 4-H leader and occu- woodworking projects. Life offers us no
pational therapist challenged my guarantees, but you can change a nega-
entrepreneurial leadership skills and tive into a positive.
my 4-H business, “Woodcrafts By My advice for other young entrepreneurs
Austin” was born. My 4-H wood- is this: be willing to face change and
working business is the only one in overcome adversity as it arises. When
the state. One of the 4-H leaders, you are challenged, be brave and have
John K. Bryant, was familiar with my patience. Try to learn lessons from your
woodworking and my story, so he old situation and apply what you can to
nominated me for the 2007 NFIB your new one.
Young Entrepreneur Award, which I
later did receive. If you would like to contact me write to
Austinjacobs@aol.com
At age fourteen I was the youngest
vendor to ever be juried into the
Woodland Arts Fair in Lexington,
Kentucky. My story has been written
in Ace Weekly and the Lexington
Herald Leader. This past December I
was the only Morehead State University
student ever to be juried into the Univer-
sities Folk Art Christmas Craft Show.
my adult mentors, I have been able to
29
 Does your class
need money?

Is your teacher looking for

an effective way to raise
funding for a class project?
©iStockphoto.com, Scott Hancock

Are you tired of selling cookies

or candy?

Do you want to avoid the hassle

of having to deliver what you sell?

We have your solution!

For more information have your
teacher contact The Consortium
for Entrepreneurship Education:
fundraiser@futureceostars.com

The Consortium for Entrepreneurship Education is a qualified

501(c3) non profit corporation and, therefore follows all rules,
laws, and requirements pertaining to maintaining this status.
 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
DECA Inc. www.deca.org
E*TRADE Financial www.etrade.com
Home Builders Institute www.hbi.org
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
Prominent Youth, Inc. www.prominentyouth.com
Réseau des CJE du Quebec www.cjereseau.org
University of Florida www.cei.ufl.edu
Utah State Office of Education www.schools.utah.gov
Youth Entrepreneurs of Kansas www.yeks.org
Yourhomework.com www.yourhomework.com

Future CEO Stars April 2008

31
 COMING THIS FALL

Johnny Money Online Game Introduce your students

(JMOG) is an interactive
to entrepreneurship
small business simulation
designed to enhance high
through my small business
school students’ exploration simulation game.
of entrepreneurship. The game
allows youth to learn about day-to-day
functions of an entrepreneur and
operating a small business.

® An engaging and modern educational

supplement
® Internet based for easy incorporation into
existing lesson plans
® Use in-class or as a homework assignment
® Great addition to homeroom, advisory or
after school programs

B R O U G H T T O Y O U B Y:

IN CONJUNCTION WITH:

Visit www.NFIB.com/eitc or call 1.800.552.6342 for more information.