Teaching Entrepreneurship
I recently had the opportunity to meet with Jack Bidlack, the Director of “The B Side” at Eastern Michigan University. For those of you who have not heard of it – and I assume that is true for the vast majority of the people who read this blog – it is a program that connects young entrepreneurs to the business skills, local mentors, and donors necessary to turn ideas into successful small businesses.
I liked what I heard about the program. For example, the program is totally voluntary. The students, not the parents, make the contact. If a participant doesn’t come, fine… they are out of the program after a few misses. The idea is that for entrepreneurs to be successful, they need to be driven – so if you can’t seem to make it to training that often – the program is likely not for you anyway. Another key aspect that I saw was the reality it provided through the mini-grant process. Students who develop a business plan can actually get a micro-loan up to $2,500.
Last year we had one Saline High School student participate. I would love to see that grow – click here to download the application or email Mr. Bidlac at jbidlac1@emich.edu.
Yes, I think he is spot on. My favorite quotes ….
“taking advantage of this moment — to out-innovate our competition”
and
“We need everyone at every level to get smarter. “