Comstock's magazine 1018 - October 2018 | Page 50

EDUCATION nesses don’t take off, the lessons gleaned through the process are important. “It’s really important that students think about other pathways,” Millsap says. “Students could live just as rich and successful lives, more so now than ever, by developing a business and finding a way to creatively live and earn without going to college.” LEARNING FIRSTHAND “STUDENTS COULD LIVE JUST AS RICH AND SUCCESSFUL LIVES, MORE SO NOW THAN EVER, BY DEVELOPING A BUSINESS AND FINDING A WAY TO CREATIVELY LIVE AND EARN WITHOUT GOING TO COLLEGE.” -Tyler Millsap, principal, Da Vinci Charter Academy 50 comstocksmag.com | October 2018 As much as instructional programs can do, there’s no substitute for the real thing. Fourteen-year-old Jake Van Ry caught the business bug and launched his own, now booming, lemonade and hot dog stand after appearing on a Food Network compe- tition several years ago. His parents, entrepreneurs themselves who own a gymnastics studio and a food trailer, say the ex- perience has taught the high schooler valuable les- sons about time and money management, supply and demand, and the importance of reinvesting in his business. After seeing other food trucks score big sales with frozen lemonade, for example, he decided to spend some of his earnings on a Vitamix to debut his own recipe. His parents, Andrea and Michael, hope those lessons will translate to his future work. “[He’s learned] leadership in general, being organized, work ethic, knowing from a young age just how to critically think and [find] out answers to questions you need,” Andrea Van Ry says. “The critical-thinking aspect is so beneficial, no matter what you’re going to do.” Jake’s school doesn’t offer an entrepreneurship focus in class or as an extracurricular club, and it’s something his parents would welcome. Now that he’s discovered the thrill of running a business, keeping him engaged with homework and class is more of a challenge. “These kids are ready so much earlier,” Michael Van Ry says. “To learn what return on investment is, is to learn what equity is, they can learn so much earlier, they’re so advanced.” That’s why Calvert, of Sac Makers, has made investing in student businesses a central compo- nent of his program. Each course costs $300, but students have the opportunity to get some of that money back if the entrepreneurship bug bites. Calvert encourages students to pitch him on a business idea. If their proposal is viable (and free of grammatical and spelling errors), he’ll give