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Teaching Kids to Think Like Entrepreneurs in an AI Economy | Mitch Thiem, Minor Chores
On today's show I sat down with Mitch Thiem, CEO and Founder of Minor Chores, an all-in-one business software designed to help kids launch and manage neighborhood and micro businesses. Mitch shares his entrepreneurial journey, starting from his first business 'Poop Patrol' at age 10, through his career in renewable energy, to founding Minor Chores. You will learn how Minor Chores empowers children by providing them with tools to create websites, generate marketing materials, and invoice customers, all while teaching them valuable business and financial skills. Mitch emphasizes the importance of starting young to foster critical thinking and problem-solving abilities, which are crucial in today's AI-driven economy. If you like this episode and want to hear more Get IN. episodes where I interview Hoosiers making a difference, visit getindiana.com/podcast. You are going to learn about: - Mitch Thiem's Entrepreneurial Journey - How Minor Chores Empowers Young Entrepreneurs - Success Stories of Minor Chores Thank you to our partner: Indiana Farm Bureau Insurance Check out these great clips from the show: 01:36 Guest Introduction: Mitch Thiem, Minor Chores 02:13 The Genesis of Minor Chores 04:56 Expanding the Business: From Poop Patrol to Landscaping 06:37 Financial Literacy and Early Investments 12:28 College Years and Career Path 16:45 The Birth of Minor Chores App 17:48 Features and Benefits of Minor Chores 20:01 Encouraging Entrepreneurship in Kids 28:29 Networking and Early Failures 30:40 Pivoting to a SaaS Product 32:29 Engaging Kids with Gamification 34:45 Success Stories and Lessons Learned 38:25 Balancing Instant and Delayed Gratification 42:14 Community Support and Business Model 46:45 Indiana Roots Get IN. is brought to you by our friends at Sweetwater. Whether you are looking to start a podcast or level up your current show you need to hit them up.
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