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by petronio 4273 days ago
To start of, a bit of background:

From my experience, teaching finance (not economics) is left up to guardians. Larger institutions may even have Money Management and Entrepreneurship courses available, but they will usually be electives and are unlikely to be chosen by those of High School age (kudos to you if you chose them willingly). Taking this into account it becomes pretty clear why so many people are bad with finances: they were never taught it. If their guardians are bad with finances, or don't put in any effort to teach them, in all likely-hood the students will fail to seek out this knowledge themselves until it starts biting them in the butt in the school of hard knocks.

I have been lucky enough to have a father that is a businessman, investor, and negotiator, and put in a lot of effort to teach me the dark arts. The difference that is created by having an active parent was very apparent in high school. Classmates who had taken courses similar to myself and I considered equals academically usually gave me confused looks when I talked about finances outside of theoretical economics.

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It'll be great if you take on this project; people will benefit a lot from it. The important part, as oxalo said in another comment, will be execution. Sending it to editors of websites that those in that age group frequent, trying to get them to review it or recommend it would be a great way to start the fire. If it starts, leave it alone and it will likely grow by itself.

As far as revenue, think about what your true goal is. Unless you're strapped for cash, you may not even need to generate revenue: hosting is cheap and small donations will be more than enough. Your time isn't free of course, but that's why suggested thinking about your true goal. It's highly unlikely that you'll spend more than a few hours here and there once it's set up, since your focus is on the base content.

Besides, if thinking about how much it'll help others isn't good enough, consider it an investment. If it takes off, it'll be a big item in your portfolio.

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I'll throw in some suggestions:

* Definitely have a transcript for every video. Different people learn differently. I personally avoid videos since I can read faster than people can speak.

* Definitely do a section on negotiation.

* Start of with major points that give big impact. If they stop after that first video, at least they will have left with something useful.

* For negotiation I would recommend starting them with the dark art of anchoring: knowing how to use it can single-handedly make the difference between a salary of $25k and $65k. (I call it a dark art since it's so effective, while also being a blatant abuse of human psychology).

* Some things will be difficult to teach electronically. The basic of the business world, how to give a handshake, will be one of those. You would be surprised how many people would not know how to react if you walked up to them offering a handshake.

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Feel free to contact me, I would be happy to be a part of this. You'll be able to find my information in my profile page.

1 comments

Petronio, I did choose those classes, thank you. Unfortunately, they weren't mandatory. I too was lucky enough to have a father similar to yours while growing up. I guess the keyword is lucky, most don't have the privilege.

I have felt passionate about providing some sort of supplemental educational tool for a while now. Yesterday, when a college sophomore friend of mine contacted me for help with putting together a resume, I knew I couldn't wait any longer.

Thank you so much for your feedback. Wonderful, wonderful information! I will surely reach out to you. You sound as though you would be great to work with and/or a great candidate for providing content for the app. Just those few paragraphs were truly captivating. You have a thing or two you can teach.

I can even see a cool video on how to give a proper handshake. A little camera angle play and you could have something nice!