Teen Hustl

Decades ago, millions of youth had paper routes delivering newspapers learning about business, entrepreneurship, develop confidence, life and social skills.  

These experiences provided life long benefits, especially as youth/teens transitioned to adulthood.  

Todays teenagers don't have these opportunities. Our idea is simply to provide the most tech-savvy generation with the opportunities presented by today's Gig Economy.  

Teen Hustl's mission is to provide teenagers with one of three opportunities; 1) working at Teen Hustl providing restaurant, grocery and ecommerce package delivery, 2) potentially have their own business by offering neighborhood personal shopping and delivery, and 3) Teen Hustl's goal is to have at least one teen intern for every adult position within Teen Hustl. 

At scale we have the opportunity to positively affect hundreds of thousands of teens with work and entrepreneurial opportunities. With remote work we can reach talented teens across a wide spectrum of diversity, socio-economic and geographic locations.

Civilian labor force participation rate, seasonally adjusted - Men over 20 is 69.9%, Women over 20 is 56.8%, for Teens between 16-19 is just 36.2%. Current unemployment rate overall is 6.9%.  For different groups it breaks down to 13.9% for teenagers, 6.0% for Whites, 10.8% for Blacks, 7.6% for Asians, and 8.8% for Hispanics.(BLS.gov, 10/2020)

There is a population of ~4.15M teens (source: Annie E Casey Foundation) for each year between 16 to 19 or 16.6M teenagers. In this group there are ~6M teens between 16-19 who are working or looking for work. With the unemployment rate for teens at 13.9% there are over 835,000 teens that are able to and are looking for work.  In addition, from the data above the unemployment rates among non-white teens are much higher.

Each year 200K+ teens "enter" into this age group and 200K+ "graduate" to adulthood without basic work skills and experience to be the most productive individuals for themselves, their families and our economy.  

Teen Hustl addresses these challenges by providing training, work, internships and entrepreneurial opportunities to teens. Our impacted teen population is actually 25% larger than the number above since we engage youth starting at 14.

Teens can participate in today's Gig Economy to experience and learn about work, business, entrepreneurship, develop confidence, grit, social and life skills. Teens have the opportunity to be apart of a startup, able to intern/shadow staff that are brought on board to build and scale Teen Hustl. 

Our three main services that we provide to our customers and in turn provide opportunities for teens to engage with... 

1. Restaurant Delivery: Neighborhood teens delivery food from local restaurants within ~2 miles of their surrounding neighborhoods on their bikes (or electric scooters that we provide). Teens (Teen Hustlrs) are provided with a smartphone delivery app, a LUMOS helmet (https://lumoshelmet.co/), with an attached GoPro camera for safety of both teens and customers deliveries.  Teens are provided badges for ID and are connected to monitored emergency services.  
2. Personal Shopping & Delivery: Teens are able be personal shoppers for their local neighborhoods from grocery and big box retailers through our relationship with the Dumpling.co platform.  We provide training on how to grocery and big box shop!
3. Personal Package Delivery: Teens can deliver products sent to Amazon Lockers and UPS stores to offer convenience to customers and lower porch pirate package theft, which makes neighborhoods safer. 

Our target population are teens across a wide spectrum of diversity, socio-economic and geographical locations.  

To engage teens, our founder is a teen, our first hire that we've offered a permanent position is a teen.  We will create a teen led advisor group to help guide our company along with our other stellar advisors.  

Teens will be apart of Teen Hustl through shadowing/internships, with the potential for employment and equity ownership. 

These solutions and our mission is to change the economic, class, social trajectory of these teens, their families and subsequently our nation.  We believe that having teens experience and learn these work, life and entrepreneurial skills will be immensely beneficial to their lives and their socio-economic trajectory; and our country. Whether teens become entrepreneurs or not, the skills relating to work and entrepreneurship provide life long benefits personally and to our collective future workforce.  

Alignment to...Drive resources and support to Black, Indigenous, and Latinx entrepreneurs and innovators - Teen Hustl addresses these teen groups through delivery work, entrepreneurial opportunity (personal shopping) and remote internships. 

Alignment to...Increase access to high-quality, affordable learning, skill-building, and training opportunities for those entering the workforce - Teen Hustl provides all of these opportunities to teens entering the workforce as described prior.

Alignment to...Enable learners to make informed decisions about which pathways and jobs best suit them - Teen Hustl offers multiple pathways from work, entrepreneurship and internships which they can explore various areas to understand what best suits them. 

Full-time 2

Part-time 5

Contractors - a number of third party platform providers

Our core approach is connecting and engaging with teens.  Teens today do not have the baggage of our parents and their parents with regard to diversity, equity and inclusion.  We're engaging teens at every level of Teen Hustl and we can't be successful if we're not engaging diversity, equity and inclusion in all of our efforts.  With that being said, not only is this the right and proper thing to do, but it's smart.  We lose immensely as a company (and country) if we don't embrace these values and the contributions of everyone, not just one race, class, gender or orientation.  

If the definition of Innovation is "change that creates a new dimension of performance". then we say that the change is bringing back something that was so American (paper routes) for over 100 years, that positively impacted millions of youth (and our country) as they transition to adulthood is innovative. 

The change that creates a new dimension of performance is bringing the traditional experience of paper routes and updating it to our world in 2020/2021 and beyond. There are over 20M teenagers that can be connected to today's gig economy... this is innovative. 

Our competitors are the unicorns of delivery... Doordash, Uber Eats, Postmates, Grubhub, Instacart and others.  Our solution is different and unique in a number of areas.  

• All deliveries are video recorded for safety and integrity of the delivery and staff.
• All staff are local neighborhood teens.  Our experience is that customers would much rather engage with and support a local neighborhood teenager than a random adult that you likely won't see again.  
• All deliveries have a zero carbon footprint through bike/e-scooter delivery.
• Our cost structure is lower due to employing teens at least a minimum wage, without the overhead costs associated with vehicle transportation/delivery. 
• All Teen Hustlrs are employed and as such we can train them and create a differentiated and better customer experience vs engaging them as independent contractors. 

Teen Hustl utilizes existing publicly available delivery dispatch management and logistic routing platforms from DeliverLogic, GetSwift.co and Dumpling.us.  We uniquely use products from Lumos, GoPro and Solo Protect for the safety our Teen Hustlrs and ensure the integrity of all deliveries.  Teen Hustl utilizes these and other technologies uniquely to engage and empower teens for today's Gig economy. 

Here are two videos that highlight different aspects of Teen Hustls use of technology.

CBS4 Interview - Teen Hustl

Teen Hustl Product Video (restaurant delivery)

Theory of change...

Teen Hustl provides teens work, entrepreneurial, life and social opportunities for learning and growth. These opportunities simply provide teens opportunities to experience and learn about the things that they will 

The experiences of millions of youth who had early jobs and our nations inspirations like, Benjamin Franklin, Walt Disney, Martin Luther King, Joe Biden, Warren Buffet, Kathy Ireland, Mark Cuban, Tom Cruise and so many others. 

Teen Hustls goal is to bring back the opportunities that millions of teens had through paper routes decades ago, but updated to todays Gig Economy and bringing together opportunities through tech that were not available decades ago.  Within the next five years our mission is to impact over 1M teens across the country and beyond on a continuing annual basis. 

We have both an organic/bootstrap growth plan that we currently on our and are raising funds to accelerate our growth and expansion.  To support our execution we have tech (current and former) CEO's, senior staff from Uber, Techstars and others who are advising us as we scale. 

We're confident in our offerings, our efforts and our customer differentiation to our competitors. We're very much open to outside counsel, especially regard to connecting with challenged groups and communities and growth in these areas. 

We're raising funds to accelerate our growth, which will support our efforts and grow our management team. 

With outside counsel that we mentioned prior - we engage with experience individuals who can advise us based on their knowledge and experience.  We continually expand our number of advisors as we need for our growth. 

Funding - we are connecting with a number of opportunities to present Teen Hustl to Angel and VC's

We are growing organically through our existing business revenue generation. 

We also are raising our public profile through local and national media.  Teen Hustl has recently one a U.S. Chamber of Commerce Dream Big Award and was one of the 6 finalist for Denver Startup Week Pitch Contest.  Teen Hustl is also working with the Denver Police Department (District One) to implement Teen Hustl Personal Package Delivery to provide teens the opportunity work and also reduce porch pirate package theft. 

We're confident in our offerings, our efforts and our customer differentiation to our competitors. We're very much open to outside counsel, especially regard to connecting with challenged groups and communities and growth in these areas. 

We're raising funds to accelerate our growth, which will support our efforts and grow our management team. 

Our current lean staffing we would like to expand to collect all sorts of data around teen reach out, teen engagement, teen experience, family engagement, customer experience, referral/ratings and many other data and key performance indicators.  

N/A

Jack Bonneau with the support of both of his parents, especially his dad Steve Bonneau are uniquely well positioned to execute and deliver on the opportunities Teen Hustl offers teens.  Jack started his social entrepreneurial journey when he was 9 when he started Jack's Stands & Marketplaces.  Jack's Stands & Marketplaces provided kids from 7-12 with opportunities to operate a lemonade drink stand in properly permitted public places like farmers markets, malls and events.  Kids learned how to greet and serve the customer, operate the stand/location, make change, take credit cards and at the end of the shift they go through a mini Profit & Loss statement to figure out their revenue, expenses, profit and tips.  Kids also sold great products (Jack's Marketplace) by young entrepreneurs and shared their inspirational stories to customers.  Kids learned and experienced entrepreneurship, business, developed life and social skills through the operation of thousands of shifts at Jack's Stands & Marketplaces locations.  

When Jack became a teenager he wanted to continue on the pathway of providing these valuable life experiences to youth, but create something that would appeal to teenagers, the Gig economy and the ability to scale it nationwide like millions of teenagers had with paper routes decades ago.  

Through both of these efforts we have seen the positive impact that these experiences and learning environments have provided youth from a wide diversity of race, gender and class. 

Junior Achievement Rocky Mountain - working with Teen Hustl to reach out to educators/students in the Denver School District to communicate Teen Hustl opportunities to high school students.

Denver Police Department (District 1) - working along side DPD to communicate Teen Hustl Personal Package Delivery to community neighborhood groups to reduce package theft and opportunities for teens. 

Adams 12 School District - Teen Hustl works with Legacy High School to provide essential item donations (disinfecting wipes, hand sanitizers and masks) by teens to families in need through the free/reduce lunch meal programs.  Teen Hustl donates these items on a quarterly basis.

Teen Hustl's business model is based on competitive fees associated with delivery which are...

• Delivery fees from customers,
• Service fees from customers,
• Commissions from Restaurants,
• Markups from select items available for sale
• Fees remitted by Teen Hustlrs for items (helmets, cameras and monitoring services) to provide their delivery services.

All Teen Hustlrs are paid a minimum wage (or more based on tips)

Teen Hustl is revenue generating on a breakeven basis. 

We are currently raising pre-seed funding and have had early success in this effort. 

We have raised approximately $50,000 in friends and family and outside funding.

We are currently raising $250,000 in convertible debt.  We have started to receive outside funding and there is growing interest in participation as we move through the holiday season and anticipate completing our raise in the 1st quarter of 2021.

Our expenses are dependent on our scaling to additional Teen Hustl locations and as such are variable to the degree we successfully raise additional funding.  To scale to the states that we have plans to expand to in 2021 we estimate that our expenses would be in the range of $200K to $250K.

We are applying to further Teen Hustl's mission to reach as many teens across a wide range of diversity, gender and socio-economic levels as possible.  Working with a U.S. Workforce Board would help us greatly in furthering our mission to reach as many teens in these areas. We have little experience in this area of reaching through these organization and we believe that MFF and other challenge partners can help us in this and other areas. 

Additional funding would also be instrumental in our growth plans to establish additional Teen Hustl locations.

We would greatly benefit from the diversity of perspective and feedback that each Challenge partner would bring to our efforts.

As a growing startup the above areas of Talent requirement, board members/advisors, monitoring & evaluation of key performance indicators and funding assistance are our most immediate needs for our growth at this time. 

Partnering with organizations like Brian Hamilton organization, DECA/FBLA, high schools and other non-profit organizations that support youth entrepreneurship would be beneficial to reaching as many teens as possible across a wide range of diversity.  

Partnering with local neighborhood communities and police departments to work along side to bring these opportunities to neighborhood teens while making these neighborhoods safer.