Business I: Introduction to Business. It is designed as a ninth-grade course. But any high school student can benefit from it.
Here are great advantages that owning a profitable business offers:
- Financial independence from a single employer
- High income
- An income stream to “retire into” (Social Security? Unlikely)
- Compound capital growth — the number-one source of wealth
Students who use the Good Curriculum have a unique opportunity to learn the basics of business. While I was trained as a scholar, I went into business as a publisher in 1974, and I developed marketing skills that have generated millions of dollars for me and my organizations. Unless a high school business course is taught by a retired businessman, the teacher is not speaking from experience.
I teach students the basics of business: goal-setting, time-management, salesmanship, business ethics, business theory, direct-response copywriting — the key skill that almost no business owners possess — and how to set up a business for $100.
This course is crucial for the Business II course, which takes students through the business-launch process.
By the end of the 10th grade, a student who has taken both courses ought to have a profitable business — one that should generate a middle-class income by the time the student is 21.
There is nothing remotely like these two courses in any high school curriculum.
For motivation, read this: a 10-year-old who at age eight started his own lemonade stand business — not just one stand, but a chain of them. Download here.
ROBOTS AND JOBS
Students need to know what is coming. It is already here.
This is from November 2017. These jobs are going to disappear within five years. They are high-paying jobs for people with MBA degrees, plus ten years of experience. Be prepared.
This Chinese plant cut its workforce from 650 to 60. It nearly tripled its output. It reduced errors by 80%. How? By replacing workers with robots. The story is here. It’s old news. The process is much further along now.
A young adult who does not know the basics of business is at a disadvantage. He had better be able to design robots or else sell them.
Here is an Amazon warehouse.
Here is how a robot does it.
Staying ahead of this trend requires knowledge. Knowledge of how to run a business is the best way to stay ahead.