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Junior Achievement is Inspiring Students to be Entrepreneurs during Entrepreneurship Month

 

For Immediate Release

Contact:                                                        

Casey Pash   

Junior Achievement of Greater South Carolina

803-252-1974

casey.pash@ja.org    

 

November 12, 2018

 

 

Junior Achievement is Inspiring Students to be Entrepreneurs during Entrepreneurship Month

 

Entrepreneurship Panel to speak at Eau Claire High School Tuesday, November 13

 

Columbia, South Carolina – On Tuesday, November 13, 2018, Junior Achievement of Greater South Carolina (JA) has partnered with four local high schools in Richland and Lexington Counties to bring JA Launch Lesson to students in the Midlands. The JA Launch Lesson is an hour-long educational experience built around the theme of entrepreneurship that creates a point-of-entry for students, volunteers, and educators. It is delivered locally by entrepreneurs in classrooms, after-school facilities, and other student venues around the United States during National Entrepreneurship Month in November. With the support of EY, JA Launch Lesson reached nearly 80,000 high school students last year. For more information, go to www.JA.org/Launch.

At Eau Claire High School in Richland School District One, JA is having an entrepreneurship panel with five local entrepreneurs. Around sixty Eau Claire CATE students will have a chance to engage with four entrepreneurs as they explain how they started their own businesses and ask them questions about being successful business owners. Entrepreneurs include: Ms. Jada Willis, Founder and CEO of Willis HR, Ms. Rachael Hartley, Founder of Rachael Hartley Nutrition, Mr. Nimai Garrett, President and CEO of Golden Moon Marketing & Management and Executive Director of Joseph H. Neal Health Collaborative, and Dr. LeAnn Norris, Co-Owner of Glowout Salon.

New research from JA and Ernst & Young LLP (EY) shows that 41 percent of teens would consider entrepreneurship as a career option, versus working in a traditional job. At the same time, 61 percent of teen girls have thought about starting a business, compared to 54 percent of boys. Additionally, 6 percent of teen boys have already started a business, while 4 percent of girls have done the same. The survey of 1,000 teens, conducted by Wakefield Research between October 15 and 22, 2018, has a margin of +/- 3.1%. The teen survey, and a companion one of adult entrepreneurs supports JA Launch Lesson, an initiative to bring entrepreneurs into high school classrooms across the United States during National Entrepreneurship Month in November, 2018.

A similar survey of 500 adult entrepreneurs found that 13 percent started their first business at the age of 18 or younger, though the average age entrepreneurs tend to start their first business is 28. “Fear of Failure” is a prime concern of 67 percent of teens, who say it might stop them from starting a business. Interestingly enough, it was also a top concern of 65 percent of the entrepreneurs surveyed, 92 percent of whom say their businesses have turned a profit. To help guide them through their startup journeys, 36 percent of entrepreneurs have sought advice from current or former colleagues, while 32 percent have had an entrepreneurial mentor.

“This research is encouraging in that it shows many teens have a great interest in starting their own business someday, but that the risks associated with entrepreneurship are a major concern for them,” said Casey Pash, President and CEO, of Junior Achievement of Greater South Carolina. “Young people need more information and role models to help them better understand what’s involved in starting a business and give them the confidence they need to pursue their dreams. That’s one of the reasons we at JA feel so fortunate to be partnering with EY on JA Launch Lesson.”

Additional findings from the surveys include:

·         69% of teens say they have a business idea, but are unsure of how to start the process.

·         78% of entrepreneurs say work experience is more helpful than a college degree when it comes to starting a business (only 53% of teens agree).

·         75% of entrepreneurs say “Motivation” is an essential characteristic to have, among traits that were found most helpful when it comes to being a successful entrepreneur.

When asked, the entrepreneurs also had some advice for prospective young business people which followed their message of being motivated and passionate. They wrote, “Don’t let anything get in your way,” “Do something you love,” “Be true to yourself,” and “Be afraid of nothing.”

Methodological Notes:

The JA/EY Survey - Teens were conducted by Wakefield Research (www.wakefieldresearch.com) among 1,000 nationally representative U.S. teens, ages 13-17, between October 15th and October 22nd, using an email invitation and an online survey. Quotas have been set to ensure reliable and accurate representation of the U.S. teen population ages 13-17. Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 3.1 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.

 

The JA/EY Survey - Entrepreneurs was conducted by Wakefield Research (www.wakefieldresearch.com) among 500 U.S. entrepreneurs, between October 15th and October 22nd, using an email invitation and an online survey. For the interviews conducted in this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 4.4 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.

 

About Junior Achievement of Greater South Carolina® (JAGSC)Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provides relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JAGSC reaches more than 11,000students per year in 34 counties in South Carolina. For over the last 50 years JAGSC has impacted over 750,000 youth. JAGSC is a member of JAUSA. Visit www.ja.org for more information or contact Casey Pash at casey.pash@ja.org or 803.252.1974.

About EY

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

Dominion Energy awards $10,000 grant to Junior Achievement; hosts high school students for job shadow day

Dominion Energy awards $10,000 grant to Junior Achievement; hosts high school students for job shadow day

Junior Achievement of Greater South Carolina has received a $10,000 grant from Dominion Energy. The gift to the educational nonprofit will help prepare the next generation of entrepreneurs to achieve great things in the global economy.

In addition to the grant, Dominion Energy hosted high school students from Lexington County School District One for a job shadow day at the company’s South Carolina offices in Columbia. At the event, Dominion Energy team members showed students career possibilities within the company, introducing them to the various departments and positions. Through this Junior Achievement experiential learning opportunity, students are prepared to be entrepreneurial thinkers and encouraged to develop personal strategies to pursue lifelong learning and career opportunities.  

“Dominion Energy is thrilled to work with Junior Achievement of South Carolina. We have an opportunity not only to give funds to this outstanding organization, but also to support its work directly by offering students a chance to learn about possible job opportunities within our company and industry,” said Wayne Vermullen, director of operations for Dominion Energy Carolina Gas.

Casey Pash, president and CEO of Junior Achievement of Greater South Carolina, stated that "Dominion Energy, continues to understand the importance of our future workforce in the Palmetto State. They have been a great partner over the last three years and know the value of exposing students to careers. Through this learning experience, students will walk away knowing what jobs will be available to them in the future, and what path it takes to be in that career. Dominion Energy is a great community partner, and we are grateful for all they do to inspire the future in the Midlands.”

About Junior Achievement of Greater South Carolina® (JAGSC)

Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness and entrepreneurship. Today, JAGSC reaches more than 11,000students per year in 34 counties in South Carolina. For over the last 50 years JAGSC has impacted over 750,000 youth. JAGSC is a member of JAUSA. Visit www.ja.org for more information or contact Casey Pash at casey.pash@ja.org or 803.252.1974.

About Dominion Energy

Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). The company is committed to sustainable, reliable, affordable, and safe energy and is one of the nation's largest producers and transporters of energy with over $75 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services.  As one of the nation's leading solar operators, the company intends to reduce its carbon intensity 50 percent by 2030. Headquartered in Richmond, Va., Dominion Energy contributes more than $20 million annually to the communities it serves and actively supports veterans and their families. Please visit www.DominionEnergy.com, Facebook or Twitter to learn more. Or, to find out abut Dominion Energy’s proposed merger with SCANA, visit www.DominionEnergySouth.com.

In celebration of Entrepreneurship Month, we interviewed Adriene Morgan, she describes herself as a serial entrepreneur and is a longtime JA volunteer

Adriene Morgan

Q: Provide a brief history of your career.

A: I have a B.S. degree in Textile Chemistry, and I worked in the textile industry in South Carolina for 12 years until I received notice that I was being laid off because my manufacturing plant was being shut down.  I had never considered starting a business, but faced with limited options, it seemed necessary at that time.  I founded Morgan Consulting, Inc. in October, 1997 to provide Lean and Six Sigma training, and we have had clients across the United States and parts of Europe, teaching even rocket scientists and nuclear physicists some new skills!  The traveling got old after many years, though, so in 2008 I created a second company, Open Door Enterprises, LLC to invest in local real estate.  This business allows me to work from home and get involved in the community.

Q: What is your advice for aspiring entrepreneurs? 

A: My advice to aspiring entrepreneurs is to focus on delivering exceptional value to your customers.  If you do that well, you will be successful no matter what product or service you offer.  Ask repeatedly what customers want and need, then use that insight to improve your business.  It also helps to be adaptable because the market will change over time, and be brave because you will have to do and learn a lot of new things.  Bravery is not the absence of fear; it is the courage to try something new in spite of the fear.  Entrepreneurs who believe in their products and believe in themselves can use that passion to overcome their fears and succeed.

Q: Why did you decide to get involved with JA? 

A: I started volunteering with Junior Achievement after seeing a request for instructors in the newspaper.  I am concerned that there is little financial education in the public schools, because financial literacy is a vital skill for all citizens, and I want to help bridge that gap.  I also want to encourage students to create their own security through entrepreneurship instead of relying on an employer to take care of them, because I know firsthand how quickly that safety net can disappear.

Q: What is your favorite JA memory?

A:  My favorite memory of JA took place the night a former student approached me at a restaurant while I was getting a refill at the soda station.  He told me that he had developed a plan for what he would do after graduation based on the JA lessons I had taught, and he was enrolled at Midlands Tech in a program that would ensure him a good-paying job.  That is why I volunteer, and making a difference in the lives of these young people is incredibly rewarding.  

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