Small Business Confidential

AP Courses vs Lemonade Stand

April 15, 2022 Mike Reilly Episode 5
Small Business Confidential
AP Courses vs Lemonade Stand
Show Notes

Starting your own business or taking AP courses? Choosing either one can be challenging. It depends on your skills and goals. Some people may prefer to take AP courses in order to get a head start on their college education, while others may be more interested in starting their own business in order to gain real-world experience. Both options have pros and cons to consider before deciding on a final choice. In this podcast, Mike Reilly and Mike Ferrante discuss the advantages and disadvantages of starting a small business or taking an AP course. The two also share how they started a small business while still very young.
3:45 Mike Reilly talks about how he started his first small business as a kid
6:09 Mike Ferrante discusses how learning how to talk to people is the first step to becoming a good salesperson
7:02 Mike Reilly and Mike Ferrante discuss two independent road leads one could follow. Lemonade stand road where you're working on your own, or got the AP and spend all your entire time studying to get good grades.
12:29 Mike Reilly talks about the illusion that getting good grades will lead to your success
15:35 Mike Reilly emphasizes the value of having a mentor
24:31 Mike Reilly and Mike Ferrante discuss how they would mentor someone at 13