Comstock's magazine 1018 - October 2018 | Page 47

“THEY’RE THE PEOPLE THAT MOVE MORE, THAT GET PROMOTED MORE, THAT DO MORE CROSS-FUNCTIONAL TYPES OF ACTIVITIES. THEY TEND TO BE THE PEOPLE WHO LEAD CHANGE AND INNOVATION IN THE CORPORATE ENVIRONMENT.” -Laura Good, co-founder, Startup Sac and “Shark Tank” segments are giving busi- ness-minded youth a leg up years before they even get a learner’s permit. In the Capital Region, newer initiatives like Sacramento State’s Summer Acad- emies Entrepreneurship and Innovation program for high school students, introduced this year, and Sac Makers, a hands-on program with a range of daytime, summer and after-school classes that has more than tripled its participation in recent years, have joined long-established organizations such as Junior Achievement in trying to fill what cre- ators say is a growing appetite for such trainings. “Over the past few years the numbers have grown and grown,” Claire says of programs like hers aiming to fill the previous gap. “The demand never goes away.” The shift isn’t just fueled by business-savvy kids drawing inspiration from startup founders who attract rock-star-level fan bases and their fellow mini moguls generating cash (and fame) on TV and online. Learning entrepreneurial skill sets — and mindsets — from a young age is in- creasingly seen as an essential component of a comprehensive education. The goal isn’t just to inspire (and train) the next Mark Zuckerberg or Kylie Jenner. It’s to ensure the future success of a generation. MUST-HAVE SKILLS FOR MINI MOGULS The American workforce has changed, and it’s nev- er going back. The traditional trajectory of decades spent climbing the ladder at the same company no longer exists. Self-employment, whether that’s starting a company or working as a freelancer, is booming. The number of self-employed individ- uals in the U.S. hit 8.7 million in early 2017 — up 150,000 from 2014 and representing about 7 per- cent of the total workforce. When freelancers and contractors are added to the mix, the figure edges closer to one third. Some estimates project that 40 percent of the workforce will be self-employed or working as an independent contractor by 2020. Given those trends, providing students tools to navigate the world of business creation and owner- ship is crucial. Entrepreneurs need creative-think- ing capabilities, financial acumen and resilience in the face of failure. And such lessons aren’t just helpful for future founders, experts say. Whether students aim to join Silicon Valley’s club of $10 bil- lion startups, work as a consultant or sole propri- etor, or climb the corporate ladder, skills that make for a successful entrepreneur also make someone a good employee (not to mention person). Laura Good, co-founder of StartupSac, says the same instincts that drive an entrepreneur to October 2018 | comstocksmag.com 47