CEO Says Adding Entrepreneurship to Curriculum “Would Empower Kids”
Adding entrepreneurship to the high school curriculum would “empower” children, according to the only female executive director of a city stockbroker.
Sam Smith, managing director of financial advisory firm finnCap, says training kids in business would help non-university students and lead to a more diverse endowment in the financial and business worlds.
Ms Smith, 47, said learning to be an entrepreneur is a “valuable skill set”.
She added: “Not just focusing on academics can have a real social impact in the future and empower children, which in my opinion is the most important thing. “
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Ms Smith, who lives in Clapham, south London, has worked with different companies to bring entrepreneurship to schools, both in person and online after the Covid-19 pandemic, and is now pushing for that entrepreneurship be added to the national program.
“Where we started was in partnership with Stepping into Business… he paid for schools to have an entrepreneurship course, then the school would organize this course delivered by Stepping into Business”, she said. told the PA news agency.
“You might have a few people in this class who aren’t academic, but would see entrepreneurship as a path.
“They (their teachers) found that during the entrepreneurship course the students were excited, they suddenly felt all alone.
“It was just a different way of working, and they almost deregistered that person, just because they weren’t academics.”
FinnCap is currently working on the development of a free online entrepreneurial training course to help inspire young people to “consider starting their own business”.
“Covid-19 has struck and schools have been closed, which has ended direct entrepreneurship at the school, and I hope it will return,” Ms. Smith said.
“We started to think ‘what can we deliver online? “
“We found a company called YourGamePlan, which puts their career advice and skills in high schools, and we’ve partnered with companies to pay for the delivery of that… which now goes to high schools for free. “
Ms. Smith started her career training as an accountant and has now worked at finnCap for 14 years.
She said: “I like entrepreneurship as a theme. I’m all about fairness and empowering young people to make decisions.
“Anyone can start a business if they know how to do it.
“You don’t necessarily need the money to set it up, you just need to have the right skills, the motivation and the idea, and you can build it. “
Ms Smith said she started teaching her daughter the basics of business when she was two.
“I started talking about businesses, ‘who does things in the kitchen’, ‘who makes the food’, ‘who makes this chair’… it’s a very basic language, but even when she was very young , I was trying to explain what I was doing all day, ”she told PA.
“What she got out of it was to understand that everything comes from somewhere, everything comes from an idea.
“Entrepreneurial skills don’t mean you have to have a career as an entrepreneur, it’s a different way of thinking, it’s about learning about profitability and finance, about building a team, about learning negotiation… these skills within entrepreneurship are such great life skills for kids.
“Nowadays, careers are very different, jobs change, it’s about learning how to prepare them for the future.
The CEO explained that learning business skills can also help build diversity and give people a “chance” regardless of their college education.
She said: “We (finnCap) have 40% women, and it hasn’t been due to quotas, it’s having a culture where women really want to be.
“It’s a lot of culture, of education all the way to the top, then making sure all of these unconscious biases are recognized and addressed, and constantly getting people to understand why diversity is key.” .
“It’s really about helping everyone achieve an ambition, whether it’s academic or not, it’s just giving it that chance.”