Grow the Goose is a socially forward business that teaches Malaysian kids and teens to become financially diciplined. Through workshops, lectures, and hands-on experience, students learn how to take the initiative when it comes to earning and securing their income. The lessons taught aren’t just invaluable for younger people, they can be applied to your daily life as well.
Name: Nina Othman
Company: Grow the Goose
Grow The Goose started when Nina Othman’s children each wanted a pair of roller shoes. However, as their family had been force to tighten their belt with their finances, she wasn’t able to go out and purchase them anytime soon. But what she could do was help her children earn the money on their own.
After a brainstorming session (in which her children broached, and were denied, the idea of selling fried chicken) they decided to sell a healthy sausage to local friends and neighbors. Nina posted on social media to drum up a few customers, and once the kids had earned enough, she told the story about their success.
The post was an immediate hit, with people asking Nina if she had any lesson plans they could use for their own children. Sensing an opportunity, Nina spent months working on a detailed workshop before launching Grow the Goose, which has since gone on to teach hundreds of children the basics of securing their financial freedom.
One of the techniques taught in Grow the Goose classes is a saving system that allows you to easily divide your income into separate categories. Students are taught to set up four separate jars, each with its own specific purpose.
Goose Jar – This is similar to an adult’s savings account. The money that goes into this jar is only to be touched when the child turns eighteen, so they have a respectable amount saved up for their future.
Knowledge Jar – Our favorite. This jar contains funds that go toward taking classes or buying books to help you learn new skills and expand your knowledge. All entrepreneurs know how important learning is.
Play Jar – What’s the point of saving if you can’t have a bit of fun. Money in the play jar is for the nice things in life, whether it be toys, trips, or a nice meal.
Help Jar – One of the biggest joys in life is using our success to help others. For graduates of the Grow the Goose program, a portion of their income goes into a special jar where they can donate to charities or help people directly. It’s the embodiment of Grow the Goose’s motto, “Learn to Earn. Live to Give.”
Learning the proper steps towards financial independence is important, but action is even more vital. Nina’s lessons don’t just teach the students how to go out and earn an income, it forces them to do so right then and there.
In the workshop, after a few hours of learning theories, the students are sent out on a one hour practical. They’re expected to go out and sell a product to people on the streets.
We can think of a number of ‘entrepreneurs’ who are too scared to sell their own products. Yet, Nina’s students always sell at least a few of their items. And if that isn’t proof of the benefits of an action focus, well, we don’t know what is.
Nina’s courses focus briefly on the belief system that her students need to develop about money.
We build our entire lives on the foundation of the habits. These are the things we do automatically, whether it be going to the gym, watching television, or working, and money, for better or for worse, is just as much as a habit.
Often through their parents, kids are taught the benefits of instant gratification. But they are not averse to delayed gratification, and Nina’s workshop teaches them (and their parents) help them reframe their views on gratification.
Focus on what you do, and consistently do that. You don’t become big by going to the gym one day, or rich by going to a single workshop. Consistently doing, making sure that your actions reflect the habits you want to have (ie: saving vs spending), is one of the corner stones of achieving financial independence.