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Becoming an entrepreneur at a young age can open up doors later in life, teach skills outside the classroom, and generate extra cash for entertainment or college. Here, we show you how to start a business as a kid, including practical steps and real-life examples of teens who launched business ventures.
- Anita Naik
- Decide what business to start. The key to helping your child launch a business is to make sure they are passionate about what they want to do. This means letting them develop a good idea so they will be motivated and more likely to stick to it when it feels hard.
- Create a business plan. A business plan is a written account of your business idea. It allows your child to focus on what it takes to plan out a business idea.
- Access materials and training they’ll need. The aim of starting their own business is not just to make money but also to teach kids new skills, including financial ones.
- Give honest feedback and suggestions. As encouraging as you want to be, you need to be willing to give constructive feedback so your child can use their money and time effectively.
Sep 27, 2024 · As soon as kids understand the basics of money and providing a service, you can help your little entrepreneur start their own business! Starting kid businesses that make money teaches kids how the world works, how to achieve anything they put their minds to, and even brings families closer together.
Aug 29, 2022 · Discover top kids business ideas: from lemonade stands to pet sitting, learn how young entrepreneurs can make money while having fun. Read now!
Apr 22, 2019 · If you are ready to empower the kidpreneur in your life with these 50 business ideas for kids and empower them to: Take charge of their future; Be prepared to think on their feet; Learn the skills of entrepreneurship that are rarely taught in school; Boost their self-esteem and competence; And so much more…
Sep 14, 2024 · If you’re a kid with big ideas and a little bit of creativity, you could find lots of cool ways to start a business in 2024. This article will introduce you to over 30 kid-friendly business opportunities that you could explore. From turning hobbies into profitable ventures to simple services that help people, there are many options.
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Jun 6, 2024 · 1. Flipping Sneakers. Fifteen year old Ned Cornfield is a sneaker mogul. Starting with a $50 purchase of a pair of Air Jordan 3s, he’s multiplied his money by buying and selling shoes locally and in different “sneakerhead” Facebook groups.