Millionaire University How This Teacher Helps Teens Launch Real Businesses from the Classroom | Rob Phelan (MU Classic)
#837 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!
(Original Air Date - 7/25/25)
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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Watch the video podcast of this episode!
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