Sitting in the West Wing of the White House waiting to meet President Obama, Steve Mariotti found himself feeling a little anxious.
Mariotti is the founder of the Network for Teaching Entrepreneurship, an international program dedicated to exposing low-income youth to the idea of entrepreneurship. He looked across at 17-year-old Kalief Rollins, winner of this year's Oppenheimer Funds/NFTE Youth Entrepreneurship Challenge, and saw that he was calm and collected.
"I looked over at Kalief and he was so poised that it was inspirational. I thought if that kid can be so calm and show leadership, I can too," said Mariotti.
But then again, Rollins, who won the $10,000 challenge for developing Phree Kountry Clothing, which sells custom T-shirts with positive messages, has always displayed the calmness of a leader and the attributes of an entrepreneur.
When he was 7, the freshman at Los Angeles Southwest College began buying candy at the store and selling it to his classmates for a profit.
"I would take my lunch money and buy as much candy as I could, go back to school and sell it to different classmates. If I paid 50 cents, I would sell it for a dollar. When I got to middle school, I began selling jewelry," Kalief said. "When I was young I didn't know what being an entrepreneur meant, but my family always saw that in me."As a junior at Downey High School in Downey, Calif., Kalief found his way in to a NFTE program and began to learn the skills necessary to make his entrepreneurial inklings a reality. It all culminated in success when Kalief beat out 24,000 entrants and 28 finalists to win the challenge in New York City. Kalief and two runner-ups traveled to the White House to meet President Barack Obama.
Zoe Damacela, a senior at Whitney Young High School in Chicago, placed second and won $5,000 by creating a
business plan for her custom-made clothing line. Scott Paiva, a freshman at Suffolk University in Boston, won third place for creating a business plan for Express Tax service, a tax-preparation service for young people."I wasn't really nervous but more excited. I felt very blessed and honored to have the President say he was proud of me and tell me to keep moving forward," said Kalief, who plans to transfer to the University of Southern California and pursue an MBA.
Kalief said that he'd like to see his T-shirt line, which is designed by his 22-year-old brother Anthony, evolve into a full clothing line, such as Sean John or Rocawear. Kalief said the idea for positive messages on the T-shirts came, because so many T-shirts have negative messages: "I was looking for something I would wear," said Kalief.
Expanding children's horizons, said Mariotti, is the main goal of NFTE:
My issue with the old educational establishment is that for a child born in to poverty, the emphasis is about being a worker. How do you get the job? My argument has been let's talk about that, but let them also weigh the idea of being a contractor, an entrepreneur and having an entity they control. That's how you get out of poverty; you have assets you can sell.
As a teacher 22 years ago, Mariotti found that teaching business also helped kids who had trouble learning basic reading and math. It worked with high-risk students and kids locked up on Rikers Island, New York City's jail:
They'd be 16 and not able to do simple arithmetic or understand sentence structure. When I started talking about money their brains started opening up. I talked to young people about how to own assets in their community, who owns the block and how to get ownership opportunities. Every child who is in poverty should be given a chance to learn about ownership and assets.
Some kids who are labeled "trouble" need a wider field and different ways to learn the skills they'll need later in life. Those are the same kids who are likely to rebel against a strictly structured environment but would excel where there is room for creativity and independence.
At NFTE, programs in 22 states and 12 countries, such as India, China and Belgium, help kids learn about marketing, pricing and sales development. Kalief said he learned the skills to make his business "legit."
For example, before taking the class, he was charging $5 per shirt, but he learned how the price of his shirt affected the perception of the quality of the product. Kalief also learned about profit margins. It took him almost $5 to make each shirt, leaving him with little to no money for profit or reinvestment and development.
Now Kalief is in the process of "rebranding" his business. He is reconsidering the name and marketing strategy.
"Kalief knows his numbers and understands his market. He understands who buys and why. He's learning about intellectual property laws. That's hard to do at that age," said Mariotti.
Kalief is on his way to being one of the groups success stories. Since 1987, more than 280,000 kids have
participated in NFTE programs, some of whom went on to own their own businesses. One of Mariotti's former students now owns an entire block in Brooklyn and is changing the neighborhood by opening businesses and revitalizing buildings. One of last year's finalists, Rodney Walker, was once in the foster system and homeless. He turned away from the gangs and street life that engulfed some of his 10 brothers and sisters and participated in NFTE. Today, he is on the Dean's list at Morehouse College.
"I think that in lower income areas minorities have some opportunities but not the same amount as some other areas," said Kalief. "Without this program, my business may have still been a thought in my head. Now I have real knowledge of how to start a business. I see myself moving forward and taking it as high as it can go."



Comments: (19)
Add a comment
By: jackfreeman022 on 10/28/2009 9:15PM
http://www.voguediy.com =====FREE SHIPPING FREE====
Reply to this Comment | Report This
By: Tired of Poor ME attitude on 10/29/2009 9:25AM
A little casual to meet the President. Close your shirt and vest and fix your tie. Put your jacket back on. Show a little respect for the Man.
Reply to this Comment | Report This
By: Dr. V. Williams on 10/29/2009 1:48PM
This is picture of Kalief Rollins an example of lowered expectations placed on minority youths. His dress is unexceptable. I do not blame the young man for this though. His mentor (and quite frankly the president himself) should have stressed to him that his appearance was inappropriate and demeaning to the dignity of the office of the president of the United States. This is the president not "Barak my dog". Apparently the attitude is; He' black so we don't expect much more from him. Raise the bar and they will come up to the challange. Shame on you!
Reply to this Comment | Report This
By: Jeff on 10/30/2009 11:57AM
I am saddened as well by the lack of understanding of the need to Step Up rather than seek to "keep it real". Real life would be to raise his level to the responsibility of the moment!
Report This
By: Doc on 10/29/2009 1:52PM
ditto
Reply to this Comment | Report This
By: WTH on 10/29/2009 2:49PM
Instead of focusing on his attire, why can't we focus on the more important accomplishment of being able to meet the President and WHY he was there? When were you last asked to meet him? And what are you doing to inspire our children? I swear people focus on the most mundane and irrelevant stuff!
Reply to this Comment | Report This
By: patrick moore on 10/29/2009 5:43PM
I agree with whole heartedly. There are so many other things that are pulling us down, why do we need to add fuel to the fire. If he was "anyone" else, his attire would not have been an issue. He would probably be considered "unique" or "eccentric". Let's not be the ones to drag our people down. Let's pick the high road and lift each other up.
As always.... Ignorance is Bliss
Report This
By: JK on 11/23/2009 12:05PM
I'm shocked at the way this kid is dressed. I think it comes from single mothers and white women teachers who have lowered the standards. Let's just be glad that he's not doing a news report for the school district in a white T-shirt six XXXXXXL. Saw that yesterday and the teacher was some white female probably 23-years-old.
Reply to this Comment | Report This
By: Eddie L McCann Jr. on 10/30/2009 8:16AM
I think it is a sin and a shame that the chaperones of the young man taking a picture with the President of the United States didn't have enough sense to tell the young man to button his collar and pull his tie up, close his vest, and not put his hand in his pocket as if he playing pocket pool, while taking a picture with President Obama. You may be ever so smart,but it takes a little common sense to be sucessful. Take a good look at the picture, he look like as he is described, a young black from the projects. The only thing he had in his favor was that he didn't come to White House with braids or du-rag on his head.
Reply to this Comment | Report This
By: Aurley on 10/30/2009 8:07AM
I will have to agree with Dr. V first impressions are everything. I see that picture being taken in the Oval Office dressed down like that. My bad maybe it was casual Friday. All I know is if at that age I walked into church looking like that, some elder not just my momma would have snatched me up and start fixing my clothes for me like I was a child. But I guess those days are gone huh.
Reply to this Comment | Report This