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Steve Mariotti
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Considered one of today’s leading experts in education for at-risk youth, Steve Mariotti changed career paths back in 1982 when he decided to move from the corporate sector and become a special education teacher in the New York City school system. Mr. Mariotti’s first assignment was in the East New York section of Brooklyn, and his last was in the Fort Apache section of the South Bronx.

While teaching in this hard-hitting environment for six and one half years, Mr. Mariotti gained insight into how to successfully motivate his tough students – teaching them how to run a business. His perceptions and learnings inspired him to create a program to bring entrepreneurial education to low-income youth. In 1987 The National Foundation for Teaching Entrepreneurship (NFTE), a 501(c)(3) non-profit organization, was formed.

Now, more than 20 years later, NFTE’s mission is to provide entrepreneurship education programs to young people from low income communities. The program has a proven track record of success. It is frequently used as a model for other programs to teach business knowledge and the resulting business formation. NFTE has reached over 230,000 young people since its founding and has programs in 22 states and 13 countries outside the United States.

Mr. Mariotti is the recipient of numerous awards including an Ernst & Young Entrepreneur of the Year Award, the Bernard A. Goldhirsh Social Entrepreneur of the Year Award, the National Director’s Entrepreneurship Award from the Minority Business Development Agency of the U.S. Department of Commerce, the Association of Education Publishers’ Golden Lamp Award, the ACE/Currie Foundation Humanitarian Venture Award, and America’s Top High School Business Teacher. He has been the subject of many national media profiles on programs including ABC Evening News and 20/20. In addition, he is the co-author of eight books on entrepreneurship. NFTE is an active member of the Council on Foreign Relations. Mr. Mariotti has attended The World Economic Forum and has been a frequent speaker at Davos as well as other business forums.

A native son of Flint, Michigan, Mr. Mariotti received his B.B.A in business economics and his M.B.A. from the University of Michigan, Ann Arbor. He has also studied at Harvard University, Stanford University, and Brooklyn College. He started his professional career as a treasury analyst for Ford Motor Company before founding his own company, Mason Import/Export Services.

Entries by Steve Mariotti

A Must-Read on the '60s -- Carl Oglesby's Raven in the Storm

(0) Comments | Posted May 23, 2013 | 4:17 PM

Many of the issues of the '60s haunt us until today. The tragedy of Vietnam and the resulting social crisis was at the root of many of our problems of today with drug addiction and incarceration as our troops were exposed to a wide variety of drugs and lost precious...

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An Interview With Mark and Becky Levin, Founders of The Possible Project -- A World-Class Youth Entrepreneurship Program

(0) Comments | Posted May 21, 2013 | 7:18 PM

1. Can you briefly describe your personal and professional background?

Mark Levin is an industry leader with more than 25 years of experience building and operating leading biotech companies. Mark co-founded Third Rock Ventures in 2007 and focuses on the formation, development and business strategy...

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The Best and the Brightest -- My Favorite Book

(1) Comments | Posted May 20, 2013 | 7:21 PM

Everyone has a favorite book. I read The Best and the Brightest by David Halberstam over and over again, at least once a year. Sometimes, I will pick it up to touch and feel it, reading just a page or two, knowing by heart whole sections.

It...

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Harvard and The Marvelous World -- The Unlikely Story of a Maverick Fantasy Author and Educator: Part 2

(3) Comments | Posted May 14, 2013 | 6:19 PM

2013-05-14-troycle.jpg
Troy CLE and a few of the students of Marvelous World University (Years One and Two) Back Row L to R: Lyndon Harewood, David Fasanya, Matt Aponte, Jibreel A-Rahman, Fabian Rogers, Jordan Murray Front Row L to R: Latoya Paul, Shennel Green, Troy CLE,...
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Jimi Hendrix... Entrepreneur!

(12) Comments | Posted May 13, 2013 | 6:11 PM

One of my favorite entrepreneurs of all time is Jimi Hendrix. That might be a surprising statement at first glance, but studying this rock legend's career is instructive for any aspiring entrepreneur.

Hendrix was a master of branding -- everything from his flamboyant wardrobe to dramatic...

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Playing For Real: Legendary Philanthropist Kathryn Wasserman Davis

(0) Comments | Posted May 10, 2013 | 5:05 PM

One of the great philanthropists of our time passed away recently. She was my role model and friend, and I miss her already.

Kathryn Wasserman Davis was 106 when she died on April 23. During Kathryn's long, vital life, she gave millions to promote education, scientific research, and peace....

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Harvard and The Marvelous World -- The Unlikely Story of a Maverick Fantasy Author and Educator

(0) Comments | Posted May 3, 2013 | 4:09 PM

I get plenty of chances to travel and lecture about my experiences within the world of business and education. My recent trip to Harvard to do just that allowed me to hear a young author tell his unexpected story...

Troy CLE took to the front of Professor Fernando Reimers' fully...

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Me and 'Mr. K' -- How Meeting Ewing Marion Kauffman Changed My Life and the Future of Entrepreneurship Education

(0) Comments | Posted May 1, 2013 | 3:17 PM

Standing in front of 56 unruly students as a newly minted math teacher at one of New York City's toughest, most crime-ridden schools was not part of my master plan in 1982. My dreams ran more along the lines of becoming the CEO of Ford Motor Company (I was from...

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Louis Kelso, A Financing Revolutionary -- Bringing Ownership to Workers Through Employee Stock Ownership Plans

(2) Comments | Posted April 30, 2013 | 12:44 PM

I already knew I would never forget him. Myself and 11 NFTE graduates from Newark had been waiting patiently for Louis Kelso at the Grand Hyatt in San Francisco. The lobby bright and clean was like a foreign country to us. And I was delighted to be meeting a legend...

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NFTE's South Bronx Roots: Founding Students Tell Their Stories

(0) Comments | Posted April 26, 2013 | 2:35 PM

Being mugged in early '80s NYC was a blessing; it stopped me in my tracks and led me to a career change. The teenagers who humiliated me were my neighbors, but their world was filled with poverty, drugs and violent crime, and they saw petty theft as one of their...

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What I Learned About Image From Miss America Ericka Dunlap, Part One: Preparing for the Big Event

(1) Comments | Posted March 22, 2013 | 5:06 PM

The call came in around 5:00 pm. My dear friend Ericka Dunlap, Miss America 2004, was on the phone.

"Can you be my date at the Miss America Alumni Dinner this Saturday, March 18th? It's in honor of Mallory Hagan, the new Miss America, and there will be at least...

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Adventures of a High School Educator, Part 2: Speaking to Young Entrepreneurs at the Webb School, an Independent High School

(0) Comments | Posted March 5, 2013 | 3:36 PM

To read Part 1, click here.

I had never spoken before to a high school prep school so I woke up excited and eager. I was being picked up by Donald Ball and taken to the Webb School one of the top independent schools in the country. Donald,...

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Adventures of a High School Educator, Part 1: Meeting the Claremont Community

(0) Comments | Posted March 4, 2013 | 2:46 PM

To read Part 2, click here.

It started with an email from Cody Chang, one of our NFTE-New York 2006 alumnus and a top student-entrepreneur in the country. We had kept in touch since his high school freshman year. He is now an undergraduate senior at Claremont McKenna...

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NFTE Teacher Training -- The Key to the Replication of Entrepreneurial Education, Part 5: The Eleven Tips for Teacher Training

(0) Comments | Posted February 27, 2013 | 3:31 PM

Read Part 1, Part 2, Part 3, and Part 4.

After 25 years these are the 11 things that we have learned about running an effective teacher training in youth entrepreneurship.

1) Finding a balance between teaching entrepreneurship and the strategies for...

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NFTE Teacher Training -- The Key to the Replication of Entrepreneurial Education, Part 4: The Teachers

(0) Comments | Posted February 26, 2013 | 3:21 PM

Read Part 1, Part 2, Part 3, and Part 5.

The caliber of teachers had gone to a different level since 20 years ago and sitting near me was Sol Menashi, an MBA with a specialty in manufacturing and holds a master's...

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NFTE Teacher Training -- The Key to the Replication of Entrepreneurial Education, Part 3: The Wall Chart

(0) Comments | Posted February 25, 2013 | 3:02 PM

Read Part 1, Part 2, Part 4, and Part 5.

In that historic retreat on entrepreneurial education, we finalized the NFTE Wall Chart -- see below -- a guide for what each teacher should try and get students to do to graduate...

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NFTE's Teacher Training -- The Key to the Replication of Entrepreneurial Education, Part 2: Raising the Money

(0) Comments | Posted February 22, 2013 | 3:26 PM

Read Part 1, Part 3, Part 4, and Part 5.

In August of 1987, I decided to write to the Forbes 400 to raise money for NFTE, which was now a not-for-profit.

I remember Janet helped me edit the letter...

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NFTE Teacher Training -- The Key to the Replication of Entrepreneurial Education, Part 1: Standardizing the Lessons Plans

(0) Comments | Posted February 21, 2013 | 2:00 PM

Read Part 2, Part 3, Part 4, and Part 5.

What is the key of replicating an idea in youth work? I believe it is teacher training. To start training others you need to get your top teachers to standardize the best...

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My Interview With Paul Wisenthal, the Nation's Leading Reporter on Challenged Youth, Regarding Media and Its Impact on Social Entrepreneurship

(0) Comments | Posted January 31, 2013 | 4:49 PM

Just a year after I founded NFTE, The Network for Teaching Youth Entrepreneurship, Newsday sent this imposing man, Paul Wisenthal, to write a story on youth entrepreneurship. It was 1989. At the time, NFTE could barely meet the rent for its rat-infested storefront office on Fulton Street. Paul helped change...

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Some Educational Issues in Youth Entrepreneurship: Intellectual Property and Ownership Splits

(0) Comments | Posted January 29, 2013 | 6:15 PM

Here's a new challenge: Try explaining intellectual property to young people who have been downloading pirated movies and music since they first encountered computers. For that matter, try explaining intellectual property to kids in other countries where IP rights enforcement is spotty, to say the least.

At...

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