Our next business challenge will be in the Spring of 2025. Check back in January for details.
Welcome to the My First Business Challenge, an online business competition for kids! Here’s the short version of how it works.
Kids
Please fill out the “Business Plan Ad-Lib” below on this page! It will give you a way to tell us about your business by just filling in the blanks.
There are two prizes – one for most likes on Instagram and one awarded by judges. You can try to win one or both!
After you fill in the Ad-Lib about your amazing business, we will send your parent or guardian a release so that you can enter the competition.
We will also send them a copy of your business Ad-Lib so that you’ll have an easy script you can use to record a little video to post on social media if your parents give you permission. Feel free to be creative – the ad-lib is there to help in whatever way you want.
$250 to the individual with the most “likes” on Instagram
$250 for the Judge’s Choice Award
These prizes will be awarded to separate winners
2 Grand Prizes will be awarded based on the following criteria:
Judges’ Choice: decided by Judges
Social Media Choice: to be eligible for this prize, participant(s) must record a short pitch, post to instagram as a reel, and tag My First Nest Egg. Alternatively, participants can send to My First Nest Egg to post. The participant(s) whose pitch has the most “likes” will receive this prize.
Employees or relatives of employees of My First Nest Egg are not eligible to win the grand prizes but are welcome to participate.
Submissions accepted through midnight March 15th, winners announced by March 25th
Business Plan Ad-Lib
A business plan is a great way to learn about money because it teaches you how to set financial goals, plan for expenses, forecast potential profits and develop a strategic vision. The process fosters financial education, critical-thinking and decision-making skills, all which are essential for managing money effectively.
