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Feb 22, 2016

Inspiring young people to unleash their potential

ENTREPRENEURIAL high school students in Gisborne are being given the chance to run their own businesses and make tax-free money by following in the footsteps of some on New Zealand’s most high-profile multimillionaires.

Jamie Beaton

More than 40 students from Lytton High, Campion College and Gisborne Girls’ High School will take part in the Lion Foundation Youth Enterprise Scheme (YES) when it is launched here tomorrow.

YES head Leah MacDonell said the launch, which would include a one-hour speedcoaching session, was intended to help students form ideas of what products or services they might want to take to market.

“They set up a real business and then run it throughout the school year. I think that’s what surprises most people, that it’s a real business. “Businesses are set up throughout each of the four terms of the school year and participants get to keep most of the money they make. 

“They give back 25 percent of their profits to the region, so they set up the company, market it and then take the product to market.”

Pictured: Jamie Beaton, founder of Crimson Consulting, went through the YES scheme in 2011. (Picture NZ Herald)

For the whole article visit www.gisborneherald.co.nz

By Andrew Ashton