(661) 201-2349 MatrixEABak@gmail.com

Entrepreneur Program

Curriculum Programs

Financial Education – Certificated Program

Entrepreneurs must first understand personal finances before embarking on any kind of business. Curriculum for this course will be designed to meet our young entrepreneurs’ needs and uses a real-world approach to financial literacy. The financial education helps participants build a solid financial foundation and empowers them with critical life-skills that will propel them into business and life-long financial success. When participants become business owners or enter the workforce they will make educated decisions.

Students will soon have lots of financial decisions. Before they evaluate job offers and get their first paycheck or start their own business, there are some critical things they need to know and consider. This course will help them avoid costly mistakes and be able to make smart, confident financial decisions as they transition into their new financial stages of life.

My Financial Academy will be the first course which will cover personal finances:

Topics Cover:

  • Budgeting
  • Saving
  • Credit Scores
  • Debt Management
  • Checking Accounts and Prepaid Cards
  • Credit Cards and Loans
  • Everyday Shopping/Spending
  • Student Loans
  • Health Insurance
  • Dental, Vision, Disability and Life Insurance
  • Retirement Accounts

Following the course in personal financial education will be business finances.  This will be incorporated in the Entrepreneur Education part of the curriculum as well as with the nonprofit and personal businesses in which each student will be a participant. Philosophy regarding financial intelligence, financial independence, and developing assets will be part of the Skills for Success part of the curriculum.

Entrepreneur Education – Certificated Program

The business portion of the curriculum will be from Entrepreneur Pathways, Inc. by Dr. Timothy M Stearns of California State University, Fresno where Dr. Stearns is the professor of Entrepreneurism.  Entrepreneur Pathways offers a suite of project-based curricula with a focus on innovation and entrepreneurial skills. www.entpathways.com

Your students begin their entrepreneurial journey by learning the fundamental skills entrepreneurs use to navigate success. Entrepreneur Skills is a standards-based curriculum engaging students with project-based activities making the foundations of entrepreneurship easy to understand and fun to learn. The curriculum includes interactive student workbooks so students can engage directly in the course material. Student workbooks come in print and on a portal.

 

Topics Cover:

  • Who are Entrepreneurs?
  • Am I an Entrepreneur?
  • Entrepreneurial Concepts
  • Business Strategies
  • Market Analysis
  • Marketing Plans and Sales
  • Analyzing Finances
  • Starting Your Own Business
  • Leadership and Management
  • Entrepreneurial Skill Sets
  • Next Steps

Each class will also start a business that is a nonprofit tied to the school nonprofit but is managed and operated by the entrepreneurs in the class.  The instructor is the facilitator and oversees the business but has no financial connection personally. Each class will have a separate bank account at Pacific Western Bank which is tied to the school account but will have its own statements.   Each class will create the business and apply for the start-up capital they need for their business after they have done a cash flow projection for their business. While a portion of the startup funds for the school businesses may be available by school funding, local entrepreneurs and business owners may be willing to contribute startup funds. Net profits, after a percentage is left in the bank for cash flow, will be donated to the school for capital expenses or ongoing expenses related to their particular nonprofit business. The class of entrepreneurs will collaborate on how the funds will be spent. For example, entrepreneurs may want to invest in their class nonprofit business by purchasing additional technology.

The following businesses are an option for the class nonprofit business:

  1. Student Store (Online or in Class)
  2. Concession Sales at Events
  3. Uniform Sales
  4. Event Planning
  5. Maintenance for Events, Facility Rentals, etc.
  6. Graphic Arts Tech Company Providing Services for Local Businesses
  7. *Visual Arts -Make or Purchase Products for Sale, on Amazon, eBay, Craft Fairs, Online Apps, Websites, Farmers Markets, etc.
  8. **Production Team & Instrumental Ensembles (20 min. shows for businesses, conventions, events, or background music, etc.)

Entertainment is a business and involves both performers, a backstage crew, and office staff.  So students will do one or more of the following “jobs”:

  • Students will sing, dance, or act on the Production Team of 8 – 24.
  • Provide support for the Production Team – sound crew, lighting, stage crew, costumes, makeup, scheduling, etc.
  • Marketing and Scheduling – Contact companies, service organizations, conventions to set up performances for our Production Team
  • Accounting Team will invoice, and be the accounts receivable department
  1. ***Jazz Band, Wind Ensemble, and String Quartet similar to Production Team
  • Students will play instruments as an ensemble
  • Provide support for the Musicians – sound crew, lighting, stage crew, scheduling, etc.
  • Marketing and Scheduling – Contact companies, service organizations, conventions, fundraiser events to set up performances or background music
  • Accounting Team will invoice, and be the accounts receivable department

*Within the Visual and Performing Arts program extra instruction will be available for the creators and performers.  Therefore, additional instruction and rehearsal times will be arranged in addition to the entrepreneur class.

There will be other students in the classes who do not create or perform in order to assist with the business aspect. They will handle the business side of the performing arts businesses and will join the creators and performers in the same entrepreneur class.  This includes the financial aspect, especially cash flow, marketing, scheduling, etc.

**The Production Team will develop 5 – 20 min. shows for businesses, conventions, and other community events.  All of this will be under the capable leadership of the very talented David Zent. 

Production Team will require auditions to be held in the spring, 2020.

Students on the team, those working toward being on the team, or developing their own entertainment business will have access to vocal and dance instruction. 

***Jazz Band, Wind Ensemble, and String Quartet similar to Production Team

Students in the performing groups, those working toward being in the groups, or developing their own entertainment business will have access to instrumental instruction. 

Note:  There will be additional fees for performing groups and instruction.

Following the establishment of the class nonprofit business, students will decide on a Personal Business.  While some students will be working on the Class Business, others will likely be ready to start a business of their own, a “Side Hustle”. 

When the young entrepreneur decides on a business, it is recommended that the young entrepreneur visit a similar business for a tour or meet with a young entrepreneur who has a similar business.  This is not about creating a product or service from scratch, such as Shark Tank, but providing products or services to others as a way that the young entrepreneur can make money while still in school.  When the young entrepreneur is ready to visit a business, a staff member and/or parent/guardian will accompany him or her to visit the business.  Possibly, in the future, the young entrepreneur may intern at the business with the permission of the parents/guardian.

All businesses will be set up as a Sole Proprietor.  Each young entrepreneur will apply for an EIN (Employer Identification Number), a Seller’s Permit, Fictitious Business Name, and obtain a Business License, as well as the other startup steps necessary to launch a business.

Using the book, The Lean Startup by Eric Rice along with combining the concepts of customer development and the value proposition, they will develop a plan for their business.  After they decide who their customers will be, they will create a cashflow projection for their business.  When they are ready for help, an entrepreneur mentor from the community will meet with the young entrepreneur to assist them in developing their business.  When a business mentor is a fit for being the mentor for that young entrepreneur, they will meet at least once a month at the school. 

Students will be encouraged to continue the same business as long as they are in the entrepreneur program and continually make corrections rather than change businesses because the business is not as profitable as expected in the early stages.  Of course, that being said, corrections and changes are always necessary in any business.

Besides setting up a cashflow projection and a plan for their business, the young entrepreneurs will have opportunity in the future to learn coding and create their own website for their business.  They will also learn to set up a Quick Books account and begin learning marketing skills. 

Since, for the most part, business partnerships can cause many problems, business partnerships will be totally discouraged as a personal business model.  This is why all businesses will be set up as a Sole Proprietor.   If one young entrepreneur would like to “hire” another student to work in their business for a percentage of the profit, this will be decided on an individual basis.  It also may be possible for a student to own a personal business and be hired by another business as a laborer or start a business providing the services that are needed as a subcontractor.  For example, a young entrepreneur who sells products on Amazon may need workers to pack and ship their products.  Workers would be paid at least a minimum wage or as a contract laborer and would submit an invoice.  The contracted business would receive a 1099 at the end of the year.

The following years of the entrepreneur class will include more advanced financial knowledge, personal development with Skills for Success, and growing the business to increase a net profit to be deposited in the young entrepreneur’s bank account in order to save for college or starting a business after graduation.

Net profit funds will be deposited into a bank account at Pacific Western Bank, 11120 Stockdale Highway, Suite 101, Bakersfield, CA, 93311.  A reasonable amount of cash flow will be retained in the business for operating expenses.  While the student and their parents/guardian are totally in control of this account, a bank statement will be sent to the school, as well as the young entrepreneur, in order to monitor and double check the profit and loss statement of the young entrepreneur. 

Depending on the business, parents or school personnel will supervise young entrepreneurs whenever they are away from the campus.  Likewise, all mentors will go through the screening process necessary to be on the campus and interact with young entrepreneurs.

Skills for Success – Certificated Program

High schools and colleges are designed to teach two types of education:

  • ACADEMIC OF SCHOLASTIC EDUCATION: The education that teaches how to read, write, and do arithmetic.
  • PROFESIONAL OR TRADE EDUCATION: The education that teaches the skills to work for money, such as learning to be a doctor, lawyer, plumber, secretary electrician, teacher, or accountant.

Matrix Entrepreneur Academy has been created to help students learn about two types of education that have been left out of conventional schools’ curriculum. Instruction will greatly increase students’ chances of personal and financial success.

  • PERSONAL GROWTH AND DEVELOPMENT EDUCATION: The education that teaches you how to constantly improve yourself, how to set and achieve personal goals, and how to effectively manage your time. Education that teaches you how to become ambitious and wake up every morning self-motivated to accomplish more in your life. Education increases your self-esteem, self-image, self-confidence, self-discipline, and self-reliance.
  • FINANCIAL EDUCATION: Education that teaches you how to become financially intelligent and financially independent.  Information about developing assets: investments and businesses that produce passive and portfolio income so you can become financially successful.  Education with words such as cash flow, wealth, assets, leverage or financial independence included?

Our definition of success is:

Success is the progressive realization of predetermined worthwhile goals!

Worthwhile goals create motivation.  Motivation creates positive actions.  Actions create valuable results.

In our Skills for Success activities, we will first start with the concentration of self-improvement.  Students will participate in small group projects that create discussions creating self-awareness and the discovery of ways to improve.  Students will be given short and long term goals that will lead to the development of skills that will set them apart and above the average student.

Course content in the Skills for Success area will also include instruction on “How to Become a Master Goal Achiever” and “How to Become a Professional Manager of Time.”

Memory improvement skills will also be taught.

In the area of Financial Education, students will learn about different types of assets and liabilities and learn the mindset and principles of financial success and financial independence.  They will learn that it doesn’t take an age to retire, that it takes the development of passive residual income – income independent of their time – to truly become financially independent.

Students will be given the opportunity to play Robert Kiyosaki’s Cash Flow game and learn the principles of getting out of the Rat Race.

Topics Covered:

  • Effective Communication
  • The Dynamics of Attitudes
  • Managing Your Mind
  • Understanding People
  • Your Personality
  • Good Human Relations
  • Attitudes and Leadership
  • Motivation
  • Goals and Self-Management
  • Developing Self-Confidence

Wellness for Entrepreneurs

The young entrepreneurs will come to realize that their physical health is extremely important and excellent health is a must in order to continue to lead others in the business. Health topics will include nutrition, diet, and healthy lifestyle decision-making. Good decisions for a healthy lifestyle will be emphasized.

Decisions, even little ones repeated often become a habit and can ultimately result in poor health. Life Planning, Growth, Development and Sexual Health will be some of the areas covered, especially in light of making decisions that will affect a lifetime. Units on nutrition and diet will center around food with an emphasis on the reality that what is put in and on the body ultimately determines the body’s health as aging occurs. Principles from Isabel De Las Rios and her website, Beyond Diet, provide extremely practical information about healthy nutrition. Many fads will be explored with an emphasis on collaboration and exploration as part of the research. The term organic and various levels will be explored.

The Entrepreneur Academy will promote physical fitness and a healthy lifestyle. Among young entrepreneurs and their families, there will be the development of positive physical and nutritional habits. Families are included in this aspect of the curriculum since a partnership between the school and home is essential in order for the young entrepreneurs to adopt a healthy lifestyle.

Incorporating physical activity and wellness will help young entrepreneurs develop a healthy lifestyle in and out of the classroom. Curriculum using The Beyond Diet principles are supported by 700+ studies published in credible, peer-reviewed scientific journals because their passion is helping people become success stories – without health risks and without long term side effects.

Beyond Diet, Tools include a Metabolism Type Test, Caloric Calculator, Ideal Food Ratios, Food Choices, Glycemic Index, Cooking with Fats, and Good, Better, and Best Guide for food selection.

Stay Informed

Subscribe to Updates