We had the good fortune of connecting with Lorne Jenkins and we’ve shared our conversation below.
Hi Lorne, what was your thought process behind starting your own business?
I started MMM because I had seen how little financial education is provided and how negative of an impact that can have on people of color. I started this company after I left my job in the financial sector, and I realized that I could either complain about people not being taught about money, or I could actually do something about it.
Alright, so for those in our community who might not be familiar with your business, can you tell us more?
Mini Money Management is a virtual learning platform that helps students build a solid financial foundation. Our platform is used by teachers to integrate financial literacy into everyday learning. We also host virtual finance classes for nonprofits. We launched our first pilot for teachers in March 2020, and the same week all students were sent home because of COVID-19. It made us pivot to teaching virtual classes for nonprofits while working to help teachers use our platform in a remote learning environment. I’m so proud to say that in our first year of the app being live, even with COVID, we were able to educate over 750 students. The main thing that I have learned from this journey is patience. I want to spread financial literacy to the world, but the process to get there will take a lot more time than I had originally planned for. Resiliency is the key. If there was one thing that I want people to remember MMM by, it’s that our only goal is to provide every student with a quality financial education to set them up for success.
Let’s say your best friend was visiting the area and you wanted to show them the best time ever. Where would you take them? Give us a little itinerary – say it was a week long trip, where would you eat, drink, visit, hang out, etc.
First stop, Santiago’s mexican restaurant. They have the best breakfast burritos in town. Second Stop. Winchell’s Donuts. They are open 24/7 so who doesn’t love a 9am and then a 9pm apple fritter
Third Stop. Jefe’s. They have some of the greatest Margarita’s I have had anywhere. They have this incredible spicy salt that they put on the rim of the glass, quality.
Fourth Stop. We would bike down the Longmont Greenway, it’s a great bike path that can take you all across Longmont.
Fifth Stop. Pumphouse Brewery. I worked here during college, fantastic bar food and probably the most “hopping” spot in Longmont late night
Sixth Stop. Floating down the St. Vrain Creek. In the last few years the city has made a cool river that you can tube through parts of Longmont and I am a big fan of tubbing.
Seventh Stop. Marco’s Hot Dogs and Tacos. Their bacon wrapped hotdogs and double wrapped tacos will put you in the deepest food coma you have ever been in, totally worth it.
Eighth Stop. Quarters Bar and Arcade. You can play old school arcade games for a quarter, great time!
After that we would probably just lay around and enjoy being outside!
The Shoutout series is all about recognizing that our success and where we are in life is at least somewhat thanks to the efforts, support, mentorship, love and encouragement of others. So is there someone that you want to dedicate your shoutout to?
My Mom. Not only did she provide me with an exceptional financial education as a child that we turned into our company, but she also is my co-founder and has helped me get MMM off the ground for the last 2 years. I wouldn’t be the man I am today without her!