Steve Mariotti Biography

He began his work at Ford Motor Company as a treasury analyst. He implemented financial procedures that saved more than $5 million per year by reducing interest expenses and improving cash management. He subsequently established an import-export enterprise in New York City, eventually serving as a sales representative and buying agent for 32 foreign companies. In 1982, he made a radical career change and became a special education/business teacher in the New York City school system, volunteering in difficult communities such as Brooklyn's Bedford-Stuyvesant and the South Bronx's Fort Apache. Mariotti has the knowledge and passion as a teacher to offer entrepreneurship education to low-income youngsters. He established the National Foundation for Teaching Entrepreneurship in 1987. (NFTE). NFTE has emerged as a key force in promoting and teaching entrepreneurial literacy and fundamental business skills to at-risk and underprivileged youth in the United States and throughout the world. More than 30,000 young people have been assisted by the organization, and more than 1,200 teachers and youth workers have been trained. Mariotti has earned several accolades and prizes for his contributions to young entrepreneurship, and he has co-authored 16 books, including The Young Entrepreneur's Guide to Starting and Running a Business (Random House). Mariotti spoke with Education World about his innovative strategy of reaching out to young people through entrepreneurial education.

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