Local students learn tools to start their own businesses

Updated: 04/23/2014 6:12 PM
Created: 04/23/2014 3:57 PM WHEC.com

Spending a couple of hours on a weeknight listening to a tax expert probably isn't the first thing most teenagers would want to do. But there are some students who are jumping at the chance. They are part of the Young Entrepreneurs Academy.

The Young Entrepreneurs Academy gives students in grades six through 12 the tools they need to start their own businesses, like how to find investors and the best way to market their companies. In a recent class they got some tax tips from Michelle Post with H&R Block. It's helpful for Thomas Conroy, a junior at Aquinas. He is about to launch his web based company, ForeLeftGolf.com which caters to left-handed golfers. He'll need to know this stuff.

Conroy said "As an online business, people can buy our clubs from Europe, Canada, inside America and just seeing what different kinds of tax rules there are for that."

Michelle Post said, "They had some fantastic questions. I think they took it all in. I think they will digest it over time."

Working with this YEA! Class is personal for Post. One of her daughters is in the program now; another took part nine years ago. Now as an adult, she's running her own dance studio.

Post said, "I think it's fantastic. It gives them an opportunity to start up a lifelong dream and it teaches them how to do it."

Young Entrepreneurs Academy got its start on the University of Rochester campus back in 2004. Now it is nationwide, helping students launch over 1,000 small businesses.

For more information, click here.

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