Teen Entrepreneurial Academy Graduates First Class

Do you know what a SWOT analysis is? The inaugural class of the Teen Entrepreneurial Academy does. In fact, these area high school students recently participated in a research competition to perform SWOT (Strengths, Weaknesses, Opportunities and Threats) and competitive analyses.

These business-savvy teens’ ideas include buy-one-give-one solar-powered sleeping bags, aimed to help the homeless, creating a group foster home for infants through teens and tutoring mathematics and taekwondo.

Armed with feasibility analyses, a working knowledge of start-up costs, monthly capital needs and pricing strategies, the teens also garnered business tips from Monica Scott of Logotology, Lori Daniel of The Daniel Group and Keith Otto of the Collin Small Business Development Center

The first Teen Entrepreneurial Academy class walked out the college doors with well-rehearsed elevator speeches and personalized marketing plans. Watch out world here they come.

Students 14 and older can also complete the college’s Entrepreneurship Certificate Series. To learn more about the new and expanding teen college preparation and enrichment programs coming this fall and spring, visit http://www.collin.edu/ce/.