Ted Teo Business Show · 40 min
Luke Hohmann is the Founder and CEO of FirstRoot Inc.. FirstRoot Inc’s teaches students financial literary by giving them real cash and the chance to make a real impact in their school. With a structured program to guide them on their decision making process, students are able to learn through their own experiences how money really works. Join us as Luke he shares about the power of participatory budgeting in any organization, just how he managed to achieve an 80% to 100% participation from the students, and why he structured his company as a Benefit Corporation. Resources: - Check out FirstRoot and its programs! Actionable Take-aways: 1. The more you work, the more opportunities you create for yourself. Like Luke, you may find your next business idea from your existing business. Always be open to new ideas and challenge the status quo. 2. Allow your customers to have a bigger stake or a chance to be more involved in the business. When they see that their actions have a direct impact, they will become more loyal to you in the long run. 3.
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