I was just reading 30 Under 30; America’s Coolest Young Entrepreneurs and saw the story of M3 Girl Designs. In addition to coming up with a great product idea, one of the chief entrepreneurial skills used by the company’s 13-year-old founder, Maddie Bradshaw, was the ability to build and rally a team – which is very Gen Y, and something at which Gen Y excels.
Who is the team? The 3 in M3 Girl Designs are Maddie Bradshaw, the founder, president and head designer, her Mom, who gave Maddie an okay to spend $300 she’d saved from birthday and tooth fairy money to get the business started, and Margot, Maddie’s 9-year-old sister, the company’s vice president and assistant designer.
Are you impressed yet?
Read 30 Under 30 to find out about some other inspired Gen Y’ers, and get inspired yourself.
And keep an eye on your kids. Do they have good ideas? Are they exhibiting inherent entrepreneurial skills?
Cost of starting Maddie’s company = $300
Value of Maddie’s company today = $1.6 million
How Maddie feels about her accomplishment = Priceless
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Wow! This is absolutely fabulous!!!! Our educational system really needs to be educated on how to teach our youth about being an entrepreneur and teaching them the skills they require and the possibilities that are available to each of them. Showing them what is really possible, rather than the limiting thinking older generations have been taught – “getting a good secure job and staying with it and working hard”. We have people in our school systems that believe that the route to take in life is working for an employer and this is what they teach the students. This is not the educators fault, it is their belief and it is what they themselves have learned. As our world is changing, we are entering a new phase…those that are creative and use the right brain, are going to excel…those that hold onto the “ways” of t past are going to be left behind. Self-employment is the way to take control of your future and not be affected by a changing economy. Keep setting the pace Maddie Bradshaw!
Debbie:)
Wow this is awesome what an inspiration for all kids out there, I would love to read more and find out what they did. My kids keep saying they wish there was (insert anything here from Hover-board to unlimited thoughts) if I could encourage them to put thought into action they could be running their own business. Jeni