#513 What if we taught teens to build businesses before they ever needed a job? In this inspiring episode hosted by Kirsten Tyrrel, personal finance teacher Rob Phelan shares how he's helping the next generation launch real, revenue-generating businesses — right from the classroom. Rob dives into his own entrepreneurial journey, why time-based income has a ceiling, and how Teachers Pay Teachers became his favorite passive income stream. He breaks down a step-by-step approach to helping teens (and adults) brainstorm, validate, and launch side hustles that align with their passions and schedules. Whether you're raising a young entrepreneur or looking to spark one in yourself, this episode is packed with real strategies, relatable stories, and resources to help you turn ideas into income!
What we discuss with Rob:
+ Rob’s childhood hustle beginnings
+ Teaching teens to earn income
+ Transition from tutoring to TPT
+ Time vs. money mindset shift
+ Building flexible, low-cost businesses
+ Teen entrepreneurship brainstorm method
+ Validating ideas through real feedback
+ Using business to teach personal finance
+ Profit First model for students
+ TPT as a passive income stream
Thank you, Rob!
Check out The Financial Independence Educator at FIEducator.com.
Get the free 90-Day Personal Finance Curriculum Pacing Guide.
Get The Simple StartUp Workbook.
Get The Simple StartUp Course.
Get The Real Business Project.
Check out Rob's TPT store.
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