Please join a creative group of peers to share your insights on the launch of a social venture for teens, called “The Flax of Life.”
Wednesday April 17
4:00 pm
Location:
Impact HUB Minneapolis St. Paul
817 5th Avenue South, Suite 400
Minneapolis, MN 55404
We invite you to share your expertise and experience to identify the most effective approaches to help young people, and their families, transition out of generational poverty.
The “The FLAX of Life” is a super food product we’ve prototyped over the past several years. This tasty product is packed with all the ingredients that psychiatrist Dr. Henry Emmons says are vital to keep our brains and hearts healthy. Combined together, these ingredients result in a delicious product that is ready to market. Several local establishments have expressed interest in prototyping this with their customers.
The value proposition for “The Flax of Life” is to equip teens with entrepreneurial skills to generate both profit and a positive health and social impact. Teens (age 11 +) and their guardians who participate will be on the ground floor of launching a product. They will learn all aspects of establishing and running an entrepreneurial business. Teens will develop the business plan, production methodology, marketing strategy, advertising, branding, fiscal forecasting, bookkeeping and quality control. Teens will work with a group of parents who agree to serve as the “board of directors.” The board of directors will coach, review and approve every aspect of this business. An agreed upon percent of all profits earned by teens will be invested in their education/college savings fund and when applicable a youth group. The initial target group is teens living in generational poverty.
Please see the separate blog post “The Flax of Life” job description for interns to assist in the launch this summer. Please pass along this information to people you believe would be interested.
Tim Reardon is the Launch Leader for this initiative. Tim runs a public affairs consulting business, teaches Social Entrepreneurship at the College of St. Benedict and St. John’s University and is a founding board member of Impact Hub, Minneapolis St. Paul. A social venture business canvas model will be adapted for use in this venture.
Sincerely,
Ann DeGroot,
Executive Director
Minneapolis Youth Coordinating Board
If you have further questions please contact:
Tim Reardon
Che’ + Assisi Consulting
“liberating purpose and potential”
817 5th Avenue South, Suite 400
Minneapolis, MN 55404
763-370-9927
tim@cheassisi.com