Empowering our youngest entrepreneurs

May 18, 2018 | GET MORE : Entrepreneurship

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The #MyFirstStartup booklet is available online and in all U.S. Bank branches.

Just in time for summer, U.S. Bank is rolling out guides to help kids turn summer jobs into summer businesses. The #MyFirstStartup booklet is available in all the bank’s 3,000-plus branches, or as a PDF download.

Developed by the U.S. Bank innovation team as a pilot aimed at helping kids learn how to manage money, the booklet covers getting started, branding, sales, accounting and more. It is designed to be applicable to a wide variety of interests – from lawn mowing to babysitting to photography.

“Through their early adulthood, children tend to turn to their parents for questions about money,” said Erica Opstad, national community relations manager for U.S. Bank. “#MyFirstStartup takes a fun, practical approach to teaching money management basics early on. This summer, help your kids learn how to turn lemons into a lemonade stand.”

Running a business also teaches kids leadership skills, such as how to effectively communicate and resolve issues with others – just ask 14-year-old manager Isaiah King in Chicago

Financial education is core to the company’s Community Possible platform, which focuses its giving and volunteerism on closing the gap between people and possibility in the areas of Work, Home and Play.

Download the #MyFirstStartup guide

Download the worksheet