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I wrote An Entrepreneur’s Manifesto because I believe entrepreneurship education and policies that encourage entrepreneurship are the most practical ways to address the ills plaguing the world today, from dangerously high levels of youth unemployment to terrorism and the wealth gap. I hope to inspire an Entrepreneurship Revolution that will transform the global economy and usher in a new surge in peace, prosperity, democracy and freedom worldwide.
Since founding the Network for Teaching Entrepreneurship (NFTE) in 1987 to bring entrepreneurship education to at-risk youth I have seen extraordinary transformations among young people exposed to entrepreneurship. At the time, I was a failing special-education teacher unable to reach or teach the rowdy students in my Bed-Stuy high school. One especially rough day, I stepped out of the classroom to try to compose myself. In a desperate move, I took off my watch and marched back in with an impromptu sales pitch for it. To my astonishment, my students were riveted and stayed with me through a lesson on sales, wholesale and retail costs, and return on investment.
I had stumbled onto the truth: these kids were far more frustrated than I was. They felt so disconnected from our economic system that they saw no futures for themselves and no reason to pay attention in school. When I taught them how to start and run simple small businesses, they quickly grasped the connection between learning and earning money. They became excited to read, write, do math, and behave better.
Today, NFTE has over 600,000 graduates of our entrepreneurship education programs from Chicago to China--and so many wonderful success stories. I strongly believe that any increase in business literacy will fight poverty, and help inoculate the world against terrorism and anti-capitalist totalitarianism, which we have seen develop when poor people become as frustrated as my inner-city students were--before they learned that they could not only survive but thrive in the free market.
The most political act a person can ever do is to create a business. To become an entrepreneur has the power to revolutionize lives, rescue families, and forever change communities and countries. I hope you’ll enjoy An Entrepreneur’s Manifesto, and join the Entrepreneurship Revolution! www.stevemariotti.com
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