The Power of an Entrepreneurial Mindset | Bill Roche | TEDxLangleyED

When we help youth to develop an entrepreneurial mindset, we empower them to be successful in our rapidly changing world. Whether they own a business or work for someone else, young adults need the skills and confidence to identify opportunities, solve problems and sell their ideas. This skillset can be encouraged and developed in elementary schools, with the immediate benefit of increased success in school.
In this talk, Bill Roche shares stories of students that have created their own real business ventures with PowerPlay Young Entrepreneurs. He illustrates the power of enabling students to take charge of their learning with freedom to make mistakes, and challenging them to actively develop entrepreneurial skills. Bill also showcases the achievements of specific students and shares how a transformative experience for one student has been a source of inspiration for him over the years. Bill Roche specializes in designing curriculum-based resource packages related to entrepreneurship, financial literacy and social responsibility. Bill worked directly in Langley classrooms for over ten years and now supports teachers throughout the country in creating real-world learning experiences for their students. Over 40,000 students have participated in his PowerPlay Young Entrepreneurs program. The program’s impact has been captured in a documentary scheduled for release early in 2018. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

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[@SpencerJan]

The school system definitely doesn’t teach entrepreneurship. It teaches kids to be afraid of failure. Schools should encourage kids to try and fail then try again. It’s basically what allowed me to build a business, retire by 40 and spend time helping others.

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[@tantanwilson6183]

Now. Entrepreneurship is a subject in Cape

[@joeys7570]

Because you can’t teach entrepreneurship because a true entrepreneur has the natural drive to find how to make something Thank you :)

[@tantanwilson6183]

@@joeys7570 huh?

[@saidabdulle7930]

@@tantanwilson6183 the amount of ideas i got after watching this video

[@MatthewAGilbert]

Defining Entrepreneurial Skills (1:49) Developing an Entrepreneurial Mindset (2:07) Nurturing an Entrepreneurial Mindset (3:11) Creating a Product (4:13) Conducting Market Research (6:07) Determining Product Features (7:27) Understanding the Process of Learning (9:06) Appreciating the Benefits of an Entrepreneurial Mindset (10:34)

[@christoabiezer4895]

you forgot one thing.. wear deodorant

[@Zo-hc2fn]

I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app

[@michaengsonmyoui2313]

thank you so much. I need this for a school essay my prof told us to write about.

[@MatthewAGilbert]

@@michaengsonmyoui2313 That's wonderful to hear; glad I could help! I am a university lecturer of marketing so I always appreciate an opportunity to help out a student.

[@shamiltineo5291]

@@MatthewAGilbert by any chance do you have an Instagram or any way I can contact you. I recently got a job at a marketing agency and am hoping to open my own one day

[@SercanKalsir]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

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Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

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It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

[@AmirSharizan]

I spread out my $25k portfolio across various markets to diversify my investments.

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That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

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Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!

[@william6587]

This ted talk is gold for aspiring entrepreneurs.

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[@LittleMissDeeDee]

Amazing! I feel like creative students aren’t given any space to express their ideas in Primary and Secondary school. Creativity needs to be nurtured.

[@alikahaei9305]

All the way up to doing my master's degree I don't remember many classes, except for maybe some art classes, that let me be creative! And I have studied in Japan, Australia, Iran and Finland.

[@lubashivaya1]

@El Lorenzo That´s a reductionist way of thinking that segregates people between task-oriented and people-oriented and very 1900´s. There´s nothing to prevent people from excelling at all competencies and burst out creativity. Get updated and over the Nixon era.

[@lubashivaya1]

@El Lorenzo go get your physician... you seem to need a lot of help!

[@jackberlinborenn377]

+1_ 5_1_3 _4_2_8_9_3_7_6

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[@sidra1157]

I’m 15 and I’m watching this for my business class and I really enjoyed this video 💖

[@whatsituya6277]

Watching this gave me a whole new perspective on myself I was never good at school I didn’t even graduate but I tried everyday and everyday after that people have been pressuring me to go back to school but I’ve tried since kindergarten to senior year and accepted it wasn’t for me I never did well unless someone basically held my hand through it and I’ve been thinking what I should do with my life I had completely forgotten about how amazing I was in group projects or volunteer community service even in public speaking I’ve always been the leader and everyone knew it but I didn’t remember any of that until I watched this Ted talk since I’ve been researching opening my business this made me sure it’s what I’m good at it’s my gift

[@palawanrising1877]

Same here

[@JeffPepe22]

Look up ,Social Entrepreneurship. You might like it .

[@j.aishwaryajayasankar5143]

My son ,not good in studies but has special character of innovation, creativity and passion for toys with epitome of leadership qualities. When I heard your presentation I wish u to guide him for better future

[@debjames8396]

Absolutely brilliant and beautiful! If schools could all take this approach, learning would be so much more powerful for all students! When all people, children included, discover their individual purpose in this world and are given a platform to express and develop that, learning then has a purpose and is achieved. Wow the empowerment that then becomes! Powerful!

[@pattammalvaradarajan9017]

Entrepreneurship from young age is the best as they can become dynamic leaders in future. We don't need managers who run their companies using old school, but a new way, a responsible way understanding the scarcity of resources and not creative ideas. It is good for all kids to try their ideas on own to learn skills by hand. It is heartening to change the ways world works.

[@lucasasselmeier7825]

This man is a role model. I love the passion and logic he brought to the world!

[@akshaydhaware5045]

I have exclusively experienced all those things that happen when we develop entrepreneurial mindset ..really it makes a unique person and u get very different mindset ,thinking,liberty,

[@KiyosakiSays]

“Everyone can tell you the risk. An entrepreneur can see the reward.” - Robert Kiyosaki

[@aaronpham825]

Gamblers ong

[@raghu8059]

@@aaronpham825Without risk there is no reward

[@BrentonThornicroft]

I love this! Creative problem solving is the most important skill a person can obtain

[@jaydean2693]

Goosebumps! - especially in fact of the willing by the students!

[@moguld5854]

Amazing how entrepreneurship can help kids build confidence in themselves!

[@kent8728]

THE FACT IS THAT THE GOVERNMENT DOESN'T ALLOW THOSE KIND OF EDUCATION IN SCHOOL FOR MANY REASONS.. IM A COLLEGE DROPOUT TO PURSUE MY VENTURES AND NOW I'M ON THE STAGE OF MASTERY.. I BELIEVE YOU CAN DO THAT TOO GUYS. GOD BLESS YOU ALL

[@bluedark1142]

That's why teen's should do homeschooling

[@Reel.Jonathan]

How is it going ?

[@Hoaushi]

Amazing experiments. Great benefits for the kids. This is whateducation needs and I am happy to see that it is happening

[@BizBob2]

Love this! The way schools are set up can make it hard to be creative. They're usually pretty strict and don't leave much space for trying new things or being creative. This can stop students from thinking in new ways and coming up with cool business ideas. Listening to how your students flourished is inspiring. Thank you!

[@stevecollette5501]

What a fantastic approach to engaging the next generation !

[@mompreneurlife]

❤ you are so right about Mike said! Since starting real estate, not long ago, I realized that I’m the only one who can motivate myself to take action❤

[@dashamgill5930]

“IN it to WIN it” ❤️ best

[@mano6711]

Mindset alignment is most important for our success journey. Most of us not align their mindset positively but big entrepreneurs did that

[@sectoronetwothree]

THIS IS THE BEST PROGRAM EVER!

[@AImaniaX]

Oh my god this is amazing! We need this in every school! Kids need to know there is something far beyond college and that they can do all sorts of careers to be successful. What a purpose to do this for kids wow. In high school one day my English teacher had us go into groups and make a mock business it was pretty funny and actually fun. I was paired up with these two kids and we created a soda pop company. It was great we had to brain storm and completely come up with a concept. It was interesting. Kids need these things and I just love what was talked about here wow.

[@amarvanee]

What a beautiful talk. High hopes. Thank you.

[@selvapeacefulmaster9011]

Watched thrice. Straight to the point, concise, Effective, Meaningful Presentation. Thank you sir. Thanks for TED for this program

[@tarea_desarrollo-um3ju]

I absolutely love the perspective presented! It's highly accurate and inspiring. You can achieve critical thinking, innovation, leadership, and the entrepreneurial way of life from a young age. Let's go for it! I absolutely love the way he presents ideas! He really demonstrates that entrepreneurship doesn't require extraordinary effort. With passion, incentive, and excitement for the work, the results can be extremely gratifying. It's just amazing! I am absolutely thrilled to share my thoughts on this video! It offers such a valuable perspective on the skills entrepreneurs can develop. I truly believe that entrepreneurship is more than just selling a product or an idea; it is a way of life that transforms reality and makes ideas come true. This video is a must-watch for anyone who wants to learn more about the power of entrepreneurship!

[@debashishbramha]

Great Sir,I'm from India listning to your lectures after five years.

[@kylapascua8324]

Im 15 yo old, building my own business really interests me, keep creating videos like this👍👍

[@porschaase]

Yes! Stay focused

[@valeriesigal1257]

great idea to create this type of trade shows for kids to showcase their skills.

[@vbsyouthtalk6571]

Excellent presentation & I agree to focus more toward our youth. Excited to help our youth & young adults👏❤️🙂

[@ismailamusa4596]

I'm incredibly touched by watching this. It is a driver towards financial freedom in huge way. Thank you sir

[@floydvichei4930]

This programme has helped me identify an opportunity and move towards it.I hope for the best.

[@maiapopova3007]

Thank you for the work that you do!

[@drgeorgetayloriii4280]

Great video; aligns with much of the Blessed Strategy Framework that I am sharing.

[@behappy1025]

This was very informative and mindful. Thank you 👏

[@sidrakhan9651]

such a wounder full idea of entrepreneurship. we should teach this in school and collage and explore kids creativity and make them learn new skills.

[@mohmmadsarwar7549]

This talk was so inspirational and amazing. Schools should urge and help aspiring young entrepreneurs to pursue their ideals and goals. Like he said creativity, problem solving are not enough, It's the mindset of each person. We need to focus on growing and improving.

[@stevec404]

Wish this type of student engagement was the norm when I was in school....many decades ago.

[@fitforfreelance]

confidence and self compassion are crucial for weight loss, and for running successful businesses

[@vikasshukla4276]

Once you set a goal in an entrepreneurial sprit, everything starts falling in shape. This is what MoonshotJr has been doing in its highly successful programs. Bill has captured the soul of entrepreneurial sprit

[@anhducle1590]

🎯 Key Takeaways for quick navigation: 00:14 🚀 *Entrepreneurial Mindset Introduction* - Introduced an experiment with 15-year-olds to start a business. - Emphasized the transformative impact of offering students decision-making power. - Highlighted a specific case where an initially disengaged student became actively involved and successful. 01:51 🎓 *Importance of Entrepreneurial Skills* - Stressed the significance of entrepreneurial skills in the modern world. - Defined entrepreneurial skills as creativity, critical thinking, problem-solving, and communication. - Emphasized the need for flexibility, adaptability, and constant growth in facing future challenges. 03:13 🌱 *Nurturing Entrepreneurial Mindset* - Affirmed that an entrepreneurial mindset can be nurtured, especially starting ata young age. - Presented a program for elementary kids to develop an entrepreneurial mindset through practical business ventures. - Emphasized the role of classroom teachers in facilitating the program and making traditional subjects more relevant. 04:24 🧠 *Excitement of Creating Products* - Explored the excitement and seriousness students invest in creating and selling real products. - Shared examples of students, like Mimi, who went beyond enjoyment to address problems or make a difference. - Showcased the impact of creativity and showmanship in business success. 06:03 🎨 *Learning Opportunities in Product Development* - Discussed the rich learning opportunities during the product development stage. - Illustrated a case with Tyler, who faced a decision-making challenge, showcasing problem-solving skills. - Highlighted the importance of encouraging students to take ownership of their business decisions. 07:40 🛒 *Dynamic Entrepreneur Show* - Described the dynamic nature of the entrepreneur show as the final sales event. - Shared a real-life scenario where a student faced challenges during the event but successfully adapted. - Underlined the importance of students thinking on their feet, solving problems, and enhancing communication skills. 09:18 🚧 *Core Competencies Development* - Emphasized the process of learning and how students actively develop core competencies through entrepreneurial experiences. - Stressed the necessity for students to have the freedom to make mistakes as a part of the messy entrepreneurial journey. - Advocated for self-reflection as a key element for students to internalize their learning experiences. 11:40 🌐 *Shifting Culture through Entrepreneurship* - Explored how the entrepreneurial experience shifts culture within schools. - Shared an anecdote highlighting the increasing acceptance and interest in entrepreneurship among students. - Showed how early exposure to entrepreneurship expands students' perceptions of their potential. 13:44 🌈 *Unleashing Potential* - Shared a powerful story of a student named Keegan, showcasing how entrepreneurship helps unleash hidden potential. - Highlighted the impact on students with learning disabilities, providing them with a sense of creativity and talent. - Stressed the project's role in instilling high hopes and optimism in students, particularly those facing challenges in traditional education. 15:22 🌍 *Making the World a Better Place* - Explored how an entrepreneurial mindset helps kids realize they can make a positive impact on the world. - Shared instances of students contributing to charitable causes and demonstrating a sense of social responsibility. - Underlined the broader benefits of the entrepreneurial experience in shaping successful, fulfilled, and self-reliant individuals. Made with HARPA AI

[@lennieanderson8544]

Can't get enough of this frequency

[@FilipLjungberg]

Thank you for this. Very helpful ❤

[@derekjames2558]

Great show. Very interesting. Thank you.

[@lighttotheworldl9108]

Thats the mind set required. Education is lost in smile parts and never teaches us what money is all about . But we need money to survival yet don't learn how to make it.. Sad reality. Lets hope for the best spreading awareness..nice video❤

[@christophertiwari4702]

I love your TED talk.

[@ernesthigbee8756]

Excellent for young people...

[@chi-chinwaosuagwu617]

This is powerful! ❤️ ❤️

[@yvonnehyatt8353]

Creative and innovations are the keys too.

[@voltairepabustan]

This was so much valuable.

[@Leo_Oxford]

Amazing! Well said, I couldn’t agree more. School puts everyone in a box on a conveyer belt and are told ‘to get good grades or your a failure’ then get into a good uni, then a secure job and follow the follower until you can just about retire (if your lucky enough) at 65+. There’s so much more to life than that and what you just said is exactly what I am talking about. I am only just getting started with my entrepreneurial journey but I love it and its an incredible feeling when you build a successful business, the pride and happiness is unmatched and no job or career can give you that feeling!

[@hichamfouad9854]

Love the speech. ❤️

[@michellecelesteNW]

I just wish so much that this was around when I was a child.

[@victrmeleth]

Michelle it’s never to late

[@NexagyEducation]

Agree with @@victrmeleth !

[@briathomas5310]

It's not too late! I'm 28 and soaking it all in!

[@Zo-hc2fn]

I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days, menu is influenced by the live input of the people via an app

[@nicholasmotonu4167]

A well inspiring speech💯

[@nigivlog3775]

The last part had me tearing up.

[@benlopez1517]

I did it in high school (2016) we had an entrepreneur class we had to do it and Compete. Then we compete with other high school honestly it was hard but I really liked it was fun and I want to it again I’m 23 now

[@Peserta_KakaSatriaPratama]

Between entrepreneurship Education and special Education are Things that very interesting for me ✨

[@sujathaveeriah9727]

An excellent research with a dynamic presentation. I am a teacher from Malaysia. I am teaching English language in a suburban. My children are aged from 13-17 yrs and they are of low proficiency. Currently, i am doing a project similar to the Bill's but it is to assess their oral skills. I agree with Bill as that is what i notice in my children . They are very creative whereby their products are what we need. They are able to see the pitfalls in others creations. I would like to seek permission from Bill to try out his research here. I hope you would allow me to use your research as my framework ,Bill. Thank you million.....

[@sussykanyeballs176]

He would absolutely not mind to see others taking inspiration from his work. All the best!

[@trendbizz996]

The best speech I've ever heard in my life.

[@behindthescenes377]

GREAT MESSAGE.

[@josefernandolondonosalazar5409]

0:00 Introducción (anécdota sobre uno de los estudiantes) 1:50 Destrezas de emprendimiento 2:38 4:14 5:54 7:27

[@francescos7361]

Thank you so much literally

[@BrianScudamoreO2E]

Great video! Completely agree that in our ever evolving world we must empower the youth to develop an entrepreneurial mindset. When I was a kid I knew I was born to be an entrepreneur. If we can realize this from a young age we can nurture that spirit! Can't wait to watch more :)

[@garimabhilwara1433]

Very informative and great videos you have over on your channel!

[@TheKatrinaRuthShow]

Awesome video on developing an entrepreneurial mindset!

[@mahmoudmuhammed6124]

hey, I literally admire your tattoo. could you explain what it does mean?

[@manmohan0709]

Nice video and great information.👍

[@MariaRamirez-gq2bz]

Once you set a goal in an entrepreneurial sprit, everything starts falling in shape

[@profitpeers]

Hope a lot of people will enjoy the passion of entrepreneurship 🚀😎

[@YoungWomensIntellect]

Gained so much inspiration in 16 minutes 🤯

[@akosasomtoopromise6340]

Amazing Content! Bill

[@adrianalaura6071]

Amazing!

[@abrahamjohn223]

Great video! I loved it! And there is another guy called Donnie Boivin who also publish such videos that his real-life experience from struggling to becoming a successful person in his own life.

[@positivity29]

Great Ted talk 🔥

[@GrowthMindsetProductions]

*KZbin* *is**certainly* *a* *LOT* *of* *work* , *but* *I* *think* *if* *people* *realize* *how* *much* *work* *college* *is* *and* *look* *at* *the* *growth* *potential* *an* *online* *business* *and* *brand* *have* *to* *offer* - *it* *is* *a* *no* *brainer* . To add on top of that, once you spend those hard 4 years working, you then have to work at a job to get paid. All that college work to work even more? Hmm at that point you may ask yourself, why weren't those 4 years spent building a business? Entrepreneur thoughts in my head =) Nice Video my friend!

[@GrowthMindsetProductions]

@Aashi Batra I think the best thing to do if you are thinking of a potential business opportunity, just start to formulate a plan and do it. I was wanting to start a youtube channel in college and never did. Now that is has been almost a year since I started the growth mindset channel, I have already seen improvement in my video quality and processes to make videos faster and smoother. Cheers!

[@nutop5984]

Awesome...

[@delldela6154]

Entrepreneurship = problem solving. Mindset= your attitude plus motivation towards solving a problem. Solving a problem requires being curious and creative. Entrepreneurship is creating something new that's never been done before that helps the world become a better place for all of us to live in. Gathering data from what has been done before through research such as Google is a great way to start going at the idea you have in mind for a current problem you're trying to solve. You might assume the idea you have is great and it's the next big solution to the problem, however ; learning from previous solutions that have been attempted to solve the problem you're thinking about might be of great help in terms of saving valuable time and possibly saving money for funding your great idea. More so, going out into the real world and sharing your solution or some of the hypotheses you have gathered with real people to validate your idea and to criticize it if necessary so you can think more deeply about your solution and in result build even a greater solution that is more accurate, helps create value and genuinely better people's lives without forcing the idea or wasting your valuable time as an entrepreneur.

[@leeeastham695]

100%

[@Tr1Hard777]

I was just like this kid. I always used to tell my teachers I'd try if i was being paid money.

[@MitchDurfeeOfficial]

After Watching this I got to step up my game!

[@mrladnek]

This is very brilliant . I am very inspired with your words. Thank you for sharing this one.

[@T0pgcatalyst]

Good ted talk. I can relate to this one.

[@zoro192009]

Just awesome Sir. We are trying to do something similar with 16-20 yr olds in India.

[@samarthgupta3056]

wont happen mate ..everyone is running behind being an engineeeeeeeer!

[@lifelessons1594]

Great!

[@Getemgonejones]

Great information

[@tahmeedmazumder6877]

he probably was the most creative from the start. cuz only hehad the foresight to understand that school actually is a waste of time.

[@jamescarter4836]

he understands, as to why he made the programme...

[@infokaal]

My 1st Jan happy new year with good mindset

[@lorenbass]

Super amazing

[@Entrepreneurialmindsetdaily]

Gems for Entrepreneurs

[@jamiecormackgrassrootsagen6018]

Very good video, keep creating content like this :)

[@aircookforyou6326]

Great video..

[@PaddyIrishman]

School stunted my development, I just wish I had a teacher nad programme like this when I was growing up.

[@apebass2215]

You're still growing up. Nothing to stop you now.

[@christothomas9364]

Nice talk...

[@businessexitinsights1293]

Great video!

[@onusengbpo6219]

Hello TedX Talks, I saved this video because it is very motivational and it is full of inspiring words. May I know if I can share it to my youtube site?

[@markcrimi]

What the world needs now is more 'experts'.

[@miamore2125]

awesome. I hope you could help the kids in the Philippines too. To be a interprenuers too.

[@buyfromsavage_inhabitantx1971]

Your content is always unique, progressive and eye opening. Many, thanks a lot

[@markchester3009]

You can only appreciate a person who tries to teach everyone how to invest and make profit on multiple ways. As a trader it is almost inevitable that you are going to experience some ups and downs along the way

[@hendrickjohnson323]

I wanted to put my money into something else other than my savings and actually have a chance to buy my dream house so I got into the trade market and it’s been worth it.

[@patricksawyer840]

@@hendrickjohnson323 I want to be able to trade profitably too. I’m eager to earn some passive income. How are you going about it sir

[@hendrickjohnson323]

@@patricksawyer840 I remember having trying to get out of the 9-5 cycle, and looking for ways to generate passive income, then I had an opportunity with the market. Although I’m making over 5 figures, it wasn’t all by myself, but with the help of a trade analyst, Mr Dustin Edward who guided me through it all with the help of his skilled expertise i was able to reach an unexpected height

[@noahscott5116]

Wow, amazing to see others who trade with Mr Dustin Edward, I'm currently on my 5th trade with her and my portfolio has grown tremendously.

[@GrizzlyCinemaProductions]

Good stuff!

[@mattaitken888]

Brilliant X