For a long period of time, youth has had to settle for minimum-wage jobs. Our intelligence is usually undermined and people tend to think we are not cable of more complex jobs that would earn us more money.
I would like to show adults that they are wrong about our aptitude and that we are very capable of doing more. More importantly, I want the youth to realize that we are capable of doing more than what we have been suppressed to do. I plan on researching how to become a successful entrepreneur, how to get noticed, how to advertise the service provided and how to calculate profit and loss.
I have experience as an entrepreneur. Having worked at a minimum wage job I noticed that I was not making much money for the time I was putting in at work. I thought of several ways to increase my income: mowing grass, landscaping, or even a second job. Finally, I thought carwash. I began my business on May 27 the day right after school was out. In preparation, I had to contact the city for a list of requirements and I had to acquire all my supplies (soaps, armor all, sponges, ladders, etc.). Luckily, my sister owns her own business and she has her own lot. She let me use part of it for my business at no cost. Having some experience, I feel that I will be able to give young people a more realistic view of this and show them that though it is not easy; it is possible.
To accomplish my goals, I will write a business plan. I have acquired a sample business proposal from a company that helps people write business plan. The sample will serve as a starting point for my business. I also have my mentor, a current graduate student at Rice University, who will also be helping me with my business proposal.
Once completed, my business plan and how much of it I have fulfilled will be what my project success will be based on.
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