Concept of the Month: Are You An Entrepreneur?

You don’t have to be old or have a college degree to be an inventor. Look at these kids! They did it and you can do it too!

• Mattie Knight- Mill Safety Device, age 12 – She developed a device to shut down a machinery mill when it malfunctioned.  She was also the first woman to receive a U.S. Patent.
• Philo Farnsworth- Television, age 14 – He conceived of the idea in 1920 at the age of 14.
• Frank Epperson- Popsicle, age 11
• Igor Sikorsky- Helicopter, age 19 – He started developing the idea at age 19.
• Blaise Pascal- Calculator, age 18
• Louis Braille- Braille, age 12
• Andrew Heafitz- Lightweight Camera, age 19
• Chester Greenwood- Earmuffs, age 15
• Richie Stachowski- Water Talkie, age 10 – He invented a walkie-talkie that works underwater.
• Krysta Morlan- The Cast Cooler, age16 – She invented a device that relieves irritation when wearing a cast.

Entrepreneurs take risks and think creatively. Are you ready?

This month our Concept of the Month is Entrepreneurship!  We’re talking about how to invent, how to start a business, and more.  It’s easy to be an entrepreneur.  Here are a few traits:

• Find a need and fill it.
• Dream!
• Keep your eyes open.
• Be persistent- or even stubborn.
• Don’t worry if people laugh at you.
• Be careful, some inventions can be dangerous.
• Protect your ideas.
• Take risks.
• Be willing to fail before you succeed.

Do you think you’re an entrepreneur?  Take this quiz here and find out!  Then come into Young Americans Bank for more information about starting a business.  Plus, check out the Builders Lab for ways to get started brainstorming and making money.  Good luck!