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(Young) Renegade CEO's

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Age is only a number and so is a million :)

(Pardon our site...a new one is coming....Note: As of August 11, 2008, we've moved. If you go to www.renegadeceos.com you will find us there.)

Age is only a number and so is a million. Unfortunately the higher either one of those numbers are the more it has long been assumed that dictates your level of credibility and respect....but not here!

WHO:
The (Young) Renegade CEO's are a motley crew of aspriring and emerging pioneering CEO's 19 and under who were tired of old school business ideologies, lack of 'unapproachable' role models and being told to wait until they are 'older'. They have the devoted support of one adult (The Nika'Nator) who fully encourages them to have the time of their life while pursuing the chance of a lifetime. Having no money, no recognized brand and no set path is the least of their worries as they embark on their small business start up adventures full speed ahead. Insane or ingenious? ...We'll let you decide.

WHAT:
The "Renegades" is now a rapidly growing underground movement, a culture and an experience that apparently only aspiring and emerging entrepreneurs under age 18 (perhaps like you) can truly relate to. Many young entrepreneurs get their start here because we, the co-founders of Renegade CEO's, have developed an open system and a community which allows TRULY young entrepreneurs to start from 'Wherever they are NOW'. We help young entrepreneurs to create an entrerepeneurial mindset that will help them start or grow their business with simply a concept or idea and little or no money.

WHY:
We realize that with other organizations there is a catch 22 where you have to have money to be able to make money or young people are not taken seriously because they cannot enter into a contract or can't get the job they really want because they are not old enough or have enough experience. Not here. Entrepreneurship is a clique where everybody fits in. We proudly and confidently serve as the voice for emerging voices. We will hold 'your space' in the universe and provide you with the business coaching, access to resources and support you need until you feel ready to hold your own place. In exchange we expect your personal commitment to help evolve the greater cause.

HOW:
Inspired by youth for youth, Renegade CEO's care and share via an internet web series, a social networking community, articles, in-person events and teleseminars. We rely heavily on your voice, your ideas and your innovation. As for how we make money- We believe that it is one's personal and social responsibility to do not only what you are good at but most importantly what's good for you. And when you are doing this selflessly every day in every way the forces of the universe will work the rest out...and usually in your favor :)


Is this your first time here?
WELCOME and thanks so much for stopping by! We need your involvement, your expertise, your vision and your voice. Getting started is easy- Just go to the right side bar, scroll down '2 sections' and sign up for our free 10 day mini e-course 'The Making of a (Young) Renegade CEO'. It will bring you current with everything going on here.

Thursday, May 29, 2008

Want to make a million dollars?

Then first you have to make one! According to our calculations, looks like you've got a long way to go! Sorry!!!




In yet another exclusive Renegade CEO's creation we decided to task our creative team with the project of showing the true value of one dollar. The reason we did it is because so many small business owners who are starting out (young and old alike) think that whenever they make a dollar that they really make a dollar. The reality is they make just a fraction of that. As many of my proteges are either corresponding with me virtually or may be young or visual learners, the best way we figured we can explain important but difficult concepts such as this one was through a picture. So here you have it. Of course, this has triggered a whole line of Renegade CEO's visual training tools....just wait, you'll see (literally & figuratively) :-D.

So at any rate, the formula that we use with Renegade CEO's is a very aggressive one because we are all about having a financially sound and stress free lifestyle. This means the choices we make today add up to our successes or stresses tomorrow so if we put more money in now, it means we have a lot more flexibility and freedom later. And also I totally don't buy the line that young ceo's have it easy because they don't have bills or true responsibilties- trust and believe, I have seen my fair share of renegade ceo's who are the breadwinners in their household, have to pay for all their extracurricular activities that their parents signed them up for and of course lest not forget that dreaded monthly cell phone bill, lol. Anyway, 'nuff said. Here is how a financially savvy Young Renegade CEO manages their cash flow-

For every dollar that comes into their business-

30% gets set aside to pay their estimated monthly taxes which is approximately 1/3 of what they earn (U.S.)


50% is used to run their business, pay for advertising, payroll, rent, inventory etc.


10% goes to their savings...for a rainy day.


10% goes to chasing their bright ideas (without putting their company in jeopardy) and unforseen costs and emergencies that they didn't really account for in the beginning. This could come from anything that ranges from lack of experience to receiving a bad shipment, to simply an unfortunate situation.


Talking about all this financial literacy stuff, this is probably a good time to give you a sneak preview of what's ahead in the upcoming months. The Renegade CEO's have recently entered into an amazing global partnership with a company down under...that means in Australia (not in bad condition ;-)). They are doing some crazy and fun things that are helping young people to make their money grow. We will tell you more about them in the upcoming Free to Be newsletter as well as in an upcoming post on our new website...coming in June. I am getting so impatient about this darn website, but I am hanging in there because I know in the end the wait will be worth it.


So any-whoo we are going to be teaching you what we know best- how to turn your bright idea(s) into a way to make some money and then they are going to be collaborating with us and teaching you how to do what they know best- how to invest the money you make and ultimately make a lot more of it. Double trouble! Looks like you are going to be a forced to be reckoned with in the business world in no time. [big grin] ;-) I am so looking forward to it.

Until next time,

don't talk about it, be about it.


Posted by Shonika at 3:52 PM

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