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'Shark Tank Biz Pitch' competition held at Lake Belton High School

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Getting the youth into entrepreneurship can be easy if you find creative ways to do it.

At Lake Belton High School, teachers tap into that creativity by organizing a "Shark Tank Style Biz Pitch" competition.

“This is one of my favorite classes, my entrepreneurship class," said J'Nata Pass-Walker, a teacher at the school. "Here students are learning pretty much how to start and run their own business. They learn the principles of running a business, and how to actually keep it running and surviving.”

The US Small Business Association found roughly 20 percent of new businesses survive their first year.

That's even more of a reason to instill business skills into our youth early on — skills students will need if they don't want to take the 9-5 route.

"If you wanna become an entrepreneur, you gotta have the grit to do it to persevere through the hard times, and if you get stuck between a hard place, look for that little leverage to get out," said Julia Broadrick, one of many students competing in the competition,

The winning group walked away with a $4,000 prize donated by a local entrepreneur.