My biggest challenge is that I am only able to connect with students when I am directly in front of them in the class. In order to fulfill my mission of turning ONE MILLION youth into shareholders, I need to be able to engage with them once my class is done. I would love to have a One Stock One Future branded youth friendly mobile application that gives students a chance to continue looking at stocks and the stock market outside of my class.
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One Stock One Future is a non-profit organization founded in June 2016 that introduces children ages 8-18 to the work of stocks and investing. The program uses stock investing as a tool to teach the the concept of ownership.
The stock market has been the single greatest engine for wealth creation in our country's history, yet there are still millions of American citizens who do not participate in stock investing. In addition to being a source of potential wealth creation (in addition to other forms of investing), I believe that ownership is a tool that can be used to spur greater pride and responsibility among our children. Children from economically disadvantaged homes and under-resourced communities can feel a sense of neglect and abandonment by our society. We encourage them to go to school and work hard, yet they often-time don't see the results of their labor. By turning one million children into public company shareholders, they will attain a greater sense of purpose and belief in their future. A 5th grader will drive by McDonald's, and they will tell their parents, "Hey, I own that Mickey Ds." When a 10th grader pulls out an iPhone, she will exclaim, "Hey, I own Apple stock!" When a 6th grade basketball player watches LeBron James win a basketball game, they will say "I'm glad Nike chose to sponsor him!"
With One Stock One Future, we teach a basic class about money and stock ownership, then we donate shares of a company stock to each student in the class, thereby turning them into shareholders. We then follow-up with the classes to provide deeper understanding of company ownership and analysis.
After I complete class, it may be months before I get a chance to see students again face-to-face. During this time, the app will help the students stay engaged with news, information, images, stories, and other content that brings the stock market to life. After my sessions, each students becomes a shareholder in a specific company. If the class chooses Apple, I would love for the student to be able to go into the app, select Apple as their One Stock One Future company, and then the app would then pull in content and other information about their company.
One Stock One Future will use this technology to give students the ability to further their understanding of business, money, stocks, and ownership from an early age. It will allow the organization to stay on the mind of the students beyond the 90 minute classroom session.
This new technology is for the direct benefit of the new youth shareholders. I have ideas for the app, but I would love to work with the Nerdery team to flesh this out a bit more. For example, perhaps a kid is at the store and takes a picture of a product (e.g. a pair of Nike's), then the app could then pull up information about that company share price and other useful information.
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