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Business Math / Personal Finance/
Sustainable Entrepreneurship
Importance of Engaging in Real World Math Inquiries
Lee Kaltman, M.Ed.
Cornell University
October 5th, 2019
My professional journey
1993-2003 involved in multiple enterprises with three exits
2003-2013 teaching Middle School Math in Public Education
2013 -2015 consultant researching education technology
companies.
● While researching, I found Bias in Curriculum at the
company and became active to get them to change
practices. Report: “For Profit” Education
2015- Full time Teacher at New Roots Charter School /
Entrepreneur
Mars Flying Saucer Corp. Green New Deal Fund Llc.
Founded 2015 a B Corp
We make early learning math
manipulatives in partnership with
local artisans and service providers
such as aboutchallenge.org.
We believe that Math Literacy is
crucial and we have to start young to
train our next generation explorers.
We are community minded and will
be delivering a set of NumberBLOX
to all Pre-K and K classes in ICSD.
Founded 2019
An Investment Fund that goes “long”
liquid equities that are sustainable
enterprises as well as investing in
technology to support the Green New
Deal and goes short liquid equities
that are climate criminals. The fund
will employ a pair trade strategy ie
choose the best and short the worst
in specific industry categories.
For 2018- 2019 I did a lot of cool real world inquiries:
What is the Stock Market?
● Real World Inquiry on how to buy a shares
of stock
● I showed them the process in real time
● I then showed them how dollar cost
averaging works and explained that if you
have a thesis stick to to it
● Students learned how to compute a profit
● Students also learned that stocks fluctuate
greatly and the need for diversification
● They received 10% of profits for senior
activities
What is a Profit?
● Students explored what is a business and
started by analyzing is school a business
● They looked at real school budgets for all
their districts and discussed what is
revenue for schools and what is expenses.
● They compared budget proposals and
increase and decreases for one year to
the next
● They got to reflect on New Roots founding
and analyzed audited financial reports and
critically thought about Management’s
discussion
This year I was given the opportunity to
teach a college concurrent class called
Entrepreneurship I at New Roots Charter
School.
Imagine that….
Folks earn college credit while
still in High School, a great
way to get students motivated
to go to College.
To prepare for this years course I reached
out to colleagues at Ithaca High School
and collaborated with Shaun Errichiello.
Shaun now will share findings from his first
unit inquiry from Ithaca High School.
Sustainable Entrepreneurship - Entrepreneurship I
Our first unit has been an inquiry: (links from our discussions)
What is a Entrepreneurship? What are the different structures of businesses?
What is a Sustainable Enterprise? How would we measure that? Is there more
than profit to consider when you are a business?
What sticks out from the Green New Deal?
As well as a career exploration of being a consultant and working with a team
and doing research on sustainable enterprises.
The students are learning how to analyze a business by looking at different
companies and sharing and discussing.
Using Amazon as an innovative leader
Showing how employees can collectively take action and a corporation listens
Any Questions please do not hesitate to contact me
Leekaltman@icloud.com
Or
lkaltman@newrootsschool.org
Thank you:)

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Cornell University Presentation 10/5/19

  • 1. Business Math / Personal Finance/ Sustainable Entrepreneurship Importance of Engaging in Real World Math Inquiries Lee Kaltman, M.Ed. Cornell University October 5th, 2019
  • 2. My professional journey 1993-2003 involved in multiple enterprises with three exits 2003-2013 teaching Middle School Math in Public Education 2013 -2015 consultant researching education technology companies. ● While researching, I found Bias in Curriculum at the company and became active to get them to change practices. Report: “For Profit” Education 2015- Full time Teacher at New Roots Charter School / Entrepreneur
  • 3. Mars Flying Saucer Corp. Green New Deal Fund Llc. Founded 2015 a B Corp We make early learning math manipulatives in partnership with local artisans and service providers such as aboutchallenge.org. We believe that Math Literacy is crucial and we have to start young to train our next generation explorers. We are community minded and will be delivering a set of NumberBLOX to all Pre-K and K classes in ICSD. Founded 2019 An Investment Fund that goes “long” liquid equities that are sustainable enterprises as well as investing in technology to support the Green New Deal and goes short liquid equities that are climate criminals. The fund will employ a pair trade strategy ie choose the best and short the worst in specific industry categories.
  • 4. For 2018- 2019 I did a lot of cool real world inquiries: What is the Stock Market? ● Real World Inquiry on how to buy a shares of stock ● I showed them the process in real time ● I then showed them how dollar cost averaging works and explained that if you have a thesis stick to to it ● Students learned how to compute a profit ● Students also learned that stocks fluctuate greatly and the need for diversification ● They received 10% of profits for senior activities What is a Profit? ● Students explored what is a business and started by analyzing is school a business ● They looked at real school budgets for all their districts and discussed what is revenue for schools and what is expenses. ● They compared budget proposals and increase and decreases for one year to the next ● They got to reflect on New Roots founding and analyzed audited financial reports and critically thought about Management’s discussion
  • 5. This year I was given the opportunity to teach a college concurrent class called Entrepreneurship I at New Roots Charter School.
  • 6. Imagine that…. Folks earn college credit while still in High School, a great way to get students motivated to go to College.
  • 7. To prepare for this years course I reached out to colleagues at Ithaca High School and collaborated with Shaun Errichiello. Shaun now will share findings from his first unit inquiry from Ithaca High School.
  • 8. Sustainable Entrepreneurship - Entrepreneurship I Our first unit has been an inquiry: (links from our discussions) What is a Entrepreneurship? What are the different structures of businesses? What is a Sustainable Enterprise? How would we measure that? Is there more than profit to consider when you are a business? What sticks out from the Green New Deal? As well as a career exploration of being a consultant and working with a team and doing research on sustainable enterprises. The students are learning how to analyze a business by looking at different companies and sharing and discussing.
  • 9. Using Amazon as an innovative leader Showing how employees can collectively take action and a corporation listens
  • 10. Any Questions please do not hesitate to contact me Leekaltman@icloud.com Or lkaltman@newrootsschool.org Thank you:)