HANNIBAL, Mo. -- Ten students with the Young Entrepreneurs Academy hosted by the Hannibal Chamber of Commerce had their first lesson in entrepreneurship Wednesday.
The group met at Java Jive to hear owner Katy Welch explain how she came to own her small business and tips on how to start one.
Welch's parents started Java Jive more than 20 years ago and then passed ownership to her. But, Welch said, she always has had an entrepreneurial spirit and could see herself pursuing independent projects if she didn't run the downtown coffee shop.
"If you're serious about starting your own business, I encourage you to look at the skills you're going to need," Welch said. She explained she didn't finish college and wishes she had taken accounting classes while in school.
"Even though she inherited the business, she's made a lot of changes and has made it her own," Chamber Executive Director McKenzie Disselhorst said to the students.
After Welch finished talking, the students discussed with each other why they thought Java Jive has been successful. Theories included startup year, location and products sold.
"Even though there's obstacles, you'll always have to go through them," Monroe City High School junior Rashelle Porter said of Welch's presentation.
"Don't give up so easily," Porter said.