DYB Podcast EP85 Benefits of Hosting Your Own Young Entrepreneur Scholarship – (Y.E.S.)

SUMMARY:

Having provided a Young Entrepreneur Scholarship three years running, Matt Jansen knows the benefits such a program has on his business as he makes this particular impact in his community.

In this episode of the DYB Podcast, Matt and Steve discuss the benefits or running the Young Entrepreneur Scholarship.

The outline is simple: 1) Announce the Young Entrepreneur Scholarship, 2) Promote and Gather Contest Applications for 6-8 weeks, 3) Host the interviews with your team for judges, and 4) Announce the winners!

Though simple, the step by step course walks you through all the details that make a huge difference in the success or flop of the program.

Young Entrepreneur Scholarships are just one of the many ABA’s talked about at DYB. What is an ABA? It’s an ad that looks like ANYTHING But Advertising. The Young Entrepreneur Scholarship is one of the many detailed, step by step courses available when you become a DYB Member. Matt Jansen of Matt the Painter out of Billings, MT, has become a Y.E.S. fan, just like his whole community! We hope this podcast inspires you to step out and provide a Young Entrepreneur Scholarship in your community.

WHAT YOU’LL LEARN:

What is a Young Entrepreneur Scholarship, Y.E.S.
How providing the Y.E.S. makes a huge impact in your community
Why the Y.E.S. is a powerful ABA that effectively grows your business

LISTEN HERE:

QUOTES:

07:51 We had, I think, it was about four or five contestants and we just had a good time. What I liked, as well with it in the past, we have had some of our team members sit in and judge, and they just, they get a kick out of it.

And sometimes they brought in their kids just to kind of show them the entrepreneurial path, what we’re doing. Just besides, you know, we’re not just painters, we’re connecting and giving back to our community and making that impact. So it’s huge that way and there’s nothing more gratifying than at the end of these, you’re standing there with your big dry erase board check and the kids are all excited and it’s got their name right on it.

Their parents are just beaming. They’re just proud of their kids and you’re getting pictures and shaking hands and that creates all sorts of memories for the parents and for the kids.

LINKS & RESOURCES MENTIONED IN THIS EPISODE:

DYB Membership

ADDITIONAL FREE RESOURCES:

Y.E.S. Checklist and Customizable Contest Rules and Questions

Schedule Your Free Strategy Call With Steve Burnett

Thank you very much for joining us today! If you received value, would you take a quick few seconds and leave us a review on iTunes, please?

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About the Author

As many of you know, my journey has been one of grit, grace, and transformation. At 19, I was a high school dropout, single father, and struggling paint contractor in Michigan. I later moved to Florida, where I faced both personal and professional hardships. With nothing left to lose, I turned to prayer—and was blessed with a relentless hunger to learn. I devoured books, attended seminars, and discovered better ways to streamline and grow my business—even through the Great Recession (and yes, I did hit the wife lottery along the way!). In 2014, I published How To Double Your Business and later sold the painting business, launching a new chapter: coaching others to grow their businesses. For the past 10 years, I’ve dedicated myself to helping business owners scale through the DYB System, while also drawing from frameworks like EOS, Scaling Up, and The Four Disciplines of Execution. Yet something was still missing—something more adaptive, integrated, and complete. Then I found Pinnacle. After months of research and interviews with other Guides, I joined Pinnacle. Their tools and strategies have exceeded every expectation. Now, as a Pinnacle Business Guide, I help leadership teams implement a custom-tailored operating system that draws from the best in the industry—but flexes with your unique business. It’s a dynamic, proven approach to achieve clarity, momentum, and lasting growth. I’m no longer taking on any more 1:1 coaching clients… Instead, I now specialize in working with visionary business owners who are ready to get their leadership teams aligned—around a clear vision, a focused strategy, and an actionable execution plan. With the tools and process I now have as a Pinnacle Business Guide, I help turn alignment into momentum, and momentum into results. If your business is growing—but your leadership team isn’t fully rowing in the same direction—let’s talk.