During 'The Summer Of Nothing,' A Unique Camp for High Schoolers
The forthcoming summer is already earning a title. Increasingly, with canceled internships and lockdowns due to the pandemic, people are calling it "The Summer of Nothing." After all, unlike most summers, this one promises to be different. Far-flung vacations have been put on hold. Most summer camps and programs have already been canceled. Or as, Summerfuel President David Evans puts it, “You can’t send Johnny to Wisconsin to canoe this summer.”
But if you have a high school-aged child with an interest in Elon Musk, Mark Zuckerberg or the late Steve Jobs, there’s a new virtual camp that could whet their entrepreneurial appetite.
Dan Bauer, a Harvard MBA and entrepreneur, has come up with a two-week immersion in entrepreneurship for high school students who may ultimately want to major in business when they get to their undergraduate college. There are plenty of summer camp options in normal times, of course. Bauer found about 900 in North America alone, but there are few options for students interested in entrepreneurship.
“The few that do this tend to focus on social or technology entrepreneurship,” he says. “The curriculum tends to be this off-the-shelf, slightly-elevated, how-to-build-a-lemonade-stand curriculum which is entertaining and palatable but not substantial. I wanted to build a summer experience that would be more immersive and appealing to both students and parents.”
To launch the Emerging Entrepreneurs Camp, Bauer enlisted the help of SummerFuel, an organization that has been putting on summer educational programs for high schoolers since 1984, and Network For Teaching Entrepreneurship (NFTE), a New York-based non-profit that certifies entrepreneurship teachers in high schools.
At first, the thought was to do a series of two-week summer camps at universities. SummerFuel has long partnered with such host institutions as Stanford University in Palo Alto, Tufts University in Boston, IESE Business School in Barcelona and the University of Oxford in England. But then the coronavirus pandemic hit and the plan moved virtual.
The two-week curriculum will feature two one-hour classes every morning, a break for lunch, then an hour of planning among teams of five or six students, each supervised by a certified entrepreneurship teacher, and another hour where the teams will work on a pitch for a business idea that will be delivered at the end of the program, Shark Tank style, in front of a panel of judges.
Students who enter the $2,295 program will learn the basics of the entrepreneurial mindset, along with marketing fundamentals, research techniques to size up the competition and the market, how to develop competitive advantage, and how to prepare a cogent and convincing elevator pitch. In the evenings, serial entrepreneurs will connect with students through a speaker series. Bauer also plans a panel of business schools to explore different options in college entrepreneurship programs.
“It’s not going to be a dry, boring 101 course,” promises Bauer. And the pitch is their chance to put the knowledge to work. We’ll also have coaching and mentoring by college students.”
If someone catches the proverbial lightning in a bottle, they can even extend the two-week camp into an ongoing Zoom team that would meet during the academic year to further polish their business ideas. But that is not the intent of the camp sessions which are scheduled to start June 22 and July 6.
“This is not about doing a startup,” says Bauer. “If that comes out of it, amazing. The odds of that are pretty slim. This is about getting an appreciation of studying entrepreneurship in college. I want to open the door to not only entrepreneurial careers but also to entrepreneurial education. The coaches will be the role models for studying entrepreneurship in college.”
Scott Nasatir, an executive director for NFTE, says the primary focus of the curriculum is to develop an entrepreneurial mindset in youth. “We have taken the essential business tenets and activities we think are really important and put it into this two-week experience. We want it to be really, really engaging. We are taking kids through opportunity recognition and ideation to marketing and finance. This can go from a summer experience to something that is life changing, something that will translate into whatever they want to do in their lives. We feel we are really empowering youth with skills to be successful.”
Beyond the basic curriculum, there is also the opportunity to meet with and learn from local entrepreneurs and business owners. “When they are talking to people who have actually done the work and built something, that is a transformative experience,” maintains Nasatir.
Evans, president of Summerfuel, agrees. “We are going to get with Scott a much more interactive and immersive experience because these are teachers who are genuinely interested in that high school age group,” he says. “Our best teachers, time and time again, are people who are usually high school teachers who understand that age group as opposed to a business professor at Stanford who will bounce in and out for a couple of weeks. We are convinced it is different and fresh.”
And because the camps are starting online, they can draw on a more global audience than would otherwise be possible. “The opportunity for global reach is exciting, too,” adds Evans. “Students from all over the world could come together to do this. There are no geographic restrictions as there would be in a regular campus program.”
While Bauer and his partners hope to take the concept on campus next summer, they actually think the pandemic has given them an opportunity for a more differentiated launch. “I candidly think it is the perfect storm,” says Evans. “Parents are cognizant that his summer is off the table. To come out with this at this time is very good timing and I think people will gobble it up. Sure, some people have asked me if I’m crazy. ‘These kids have been staring at Zoom for the past six to eight weeks. There will be a mutiny or something.’ But this is giving young people an opportunity to do something they wouldn’t have been able to do.
“We have a lot of kids and parents who are now used to and comfortable with online education,” adds Evans. “That would not have happened without the pandemic. And we have a lot of summer plans that have been disrupted. The academic majors and career plans of high school-aged students are now being rethought. There will be more and more entrepreneurial aspects to whatever you do.”
Executive In Residence & Member, Global Leadership Council SAID Business School, University of Oxford (2019 to Present); World Bank Vice President & Treasurer (2015 to 2018)
4 年Thanks so much John A. Byrne for this article on the #EmergingEntreprenuersCamp that Dan Bauer has just launched. I met Dan at #HarvardBusinessSchool 32 years ago as we were in the same section. I highly recommend this program. We need young people to develop an entrepreneurial mindset. It is not only useful for establishing businesses which create well needed jobs, but also for enabling the entrepreneurial mindset that leaders need to succeed in both the private and public sectors. Amongst other skills, #Entrepreneurship teaches you calculated #risk taking, translating an idea to actionable tasks and businesses that are new and transformative, #resilience, #persuasion and #selling skills, as well as #leadership that is necessary to succeed. Dan has also run a successful business and sold it. He has continued to coach and mentor others who have also enjoyed great success. This camp is a must for any young person who wants to (whose parents and guardians want to) realise his/her potential in life.
Global Brand & Creative Director
4 年Very cool. Love this!
Technical Product Lead
4 年Super excited to see this program in action! I know that Dan Bauer will be a catalyst for each student's success.
Board Member | C-Suite Advisor | Strategy Consulting | M&A Advisory | Screenwriter | Harvard MBA | FINRA 79 and 63 | AI | Blockchain
4 年Dan Bauer has always been an innovator, particularly in the area of young adults and education. He's been a mentor to my son and so many others in navigating the path to success. I have no doubt the program will bring together an impressive group of experts and access to mentors and start-up best practices that will provide a real advantage to young entrepreneurs.
Chief Financial Officer at NuCurrent, Inc.
4 年Way to think outside the box, Dan Bauer! I know a few families to whom I will refer this. Great article and good luck!