theMikeMonty.com 

Montgomery Enterprises LLC Scholarship for Aspiring Young Entrepreneurs

// June 26th, 2009 // Uncategorized

In my efforts to apply the Go-Giver philosophies more fully to my life and business I’m establishing the long winded title to a soon to exist scholarship, or “the Montgomery Enterprises LLC Scholarship for Aspiring Young Entrepreneurs” which I am very excited to tell you all about! Or what I’ve decided about so far.

Though it is still in the works, I’m going to be making the applicants read five books that I’ll be choosing, a few will be, “The Go-Giver”, “If You Think You Can, You Can (for Teens)”, and “Rich Dad, Poor Dad”. The other two I will decide over the next few weeks. What the applicants will be required to do after reading these books is write an essay on how they’ve applied the principles they’ve learned from this book to their lives. I’m also considering having them provide a sample business idea they’d like to try out and that they would use knowledge from the books to implement.

I’m going to fund the scholarship by placing vending machines and taking a percentage of the yearly sales to be set aside for the scholarship. The rest of the money will be invested back into the vending machines to grow the business so more can be given in following years. I will also be creating additional revenue streams for the scholarship, one will be a yearly calendar of photographs from around the Gem County, Idaho area. I’m going to make the first issue/draft using only my photographs, simply to build a sample and get the idea out there. I’m considering turning the calendar into a competition to find photographs to use. Alternatively I am considering contacting local photographers to gauge their interest in contributing to a calendar that will help aspiring young entrepreneurs.

That’s what I’ve got so far, I’d love to hear your thoughts or ideas for developing more revenue streams for this scholarship so please comment, can’t wait to hear from you!

number of view: 195