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ChooseFI | Financial Independence Podcast

Education Through Innovation | Don Wettrick

ChooseFI | Financial Independence Podcast

Jonathan Mendonsa & Brad Barrett | Choose FI Media, Inc

Investing, Business, Careers

4.8 β€’ 5.2K Ratings

πŸ—“οΈ 6 August 2018

⏱️ 56 minutes

🧾️ Download transcript

Summary

Most classrooms kill creativity by third grade β€” but Don Wettrick's students file patents, pitch business plans, and speak at Stanford instead. A high school teacher outside Indianapolis threw out traditional lesson plans after watching a Daniel Pink TED talk and introduced "20% time" β€” letting students spend a fifth of class pursuing projects they actually care about. The results? Kids who were disengaged grade-chasers transformed into entrepreneurs and inventors. The model, borrowed from Google's famous employee perk, flips the script from compliance to creativity, replacing busywork with real-world problem-solving. Introduction to Don Wettrick [00:00:54] Don Wettrick teaches an innovation class at Noblesville High School. After seeing Daniel Pink's TED talk on motivation, he implemented the '20% time' model in his classroom. The Origin of the Innovation Class [00:02:39] Initial struggles with students adapting to the new model of creativity and autonomy. Engaging Students Through Creativity [00:06:01] Students often expect strict guidance and grades rather than pursuing their passions. Research shows students typically lose internal motivation around third grade due to standardized testing pressures. The Shift from Grades to Purpose [00:10:20] Fostering internal motivation and redefining success in education beyond just grades. Autonomy, mastery, and purpose drive engagement more than external rewards. Implementation of 20% Time in Class [00:30:00] Students pursue projects they're passionate about, developing skills applicable beyond school and fostering entrepreneurial spirit. The Importance of Community Involvement [00:31:27] Connecting students with local entrepreneurs for real-world learning experiences. Students engage in community-oriented projects that serve local needs. The Future of Education [00:46:43] Vision for broader implementation of innovative practices across schools, starting with 20% time or genius hour in elementary schools from third grade onward. Key Quotes: "We've told students for years to sit down and shut up and wait instructions." [00:03:01] "Innovation is born in kindergarten. We beat it out of them by third grade." [00:11:40] "The greatest waste of human potential right now is Instagram and Facebook." [00:27:20] "Put in that purpose in there, and you've got a much different person." [00:28:37] "Every grade school starting at least a third grade has a 20% time or genius hour." [00:46:09] Resources: Daniel Pink's TED Talk: https://www.ted.com/talks/dan_pink_on_motivation [00:03:05] Freakonomics Podcast: http://freakonomics.com/archive/ [00:49:36] Future Ready U: https://futurereadyu.com [00:48:14] Related Episodes: Episode 21: The Pillars of FI [00:55:47] Episode 38: The Why of FI [00:55:47]

Transcript

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0:00.0

Your listening to Choose Applied Radio.

0:09.6

The blueprint for financial independence lives here.

0:20.4

If you're looking to unblock the secrets to financial independence and early retirement,

0:25.4

you're in the right place.

0:27.3

Stay tuned and join a community of like-minded people who are getting off-amps from you

0:32.1

and taking control of their lives in the pursuit of financial independence.

0:36.3

Choose FI, your home for financial independence online.

0:41.5

Hi guys, welcome to the Choose FI radio podcast today.

0:53.5

We're going to be speaking with Don Wetrick, who teaches an innovation class at Noblesville

0:58.2

High School in the suburbs just out of Indianapolis.

1:01.4

My understanding is, he basically heard a Daniel Pink Ted talk that lit a spark and

1:06.4

convinced him that he wanted to have a larger impact on the world.

1:08.9

He took this idea to his principal and they are radically transforming the educational

1:12.9

process through this innovation class.

1:15.1

While most kids are simply trying to beat the curve, his students are creating business

1:18.1

plans, filing patents and giving lectures at Stanford.

1:21.1

So today, let's dive in, let's extract every little bit of actionable information

1:24.8

that we can get from Don.

1:26.2

Let's find out how this class actually started and the results he has seen as he took this

1:30.6

from something that was in his imagination to something that he has now created.

1:33.8

There's proof of concept.

1:35.3

Let's find out how we can take what he has learned and implement in our own lives and

...

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