1/31/2012

Entrepreneurial adventures

Entrepreneurial adventures

Working over the summer is a great way for kids to make extra money! These ideas are perfect for some younger entrepreneurs who can start right from home.

Gardening. This spring, talk with your kids about setting up a garden near the house. If they are responsible for maintaining their plants and taking care of them, they can sell those fruits and vegetables for a profit! If they grow a fruit like berries, they could turn the fruit into jams or marmalades. If they grow tomatoes, they can make homemade tomato sauce. Check local farmers’ markets to see if your kids can set up their own table to sell their homemade goods, whether it be vegetables, herbs, or jams and sauces they made themselves.

Offer tutoring services. This is a great option for middle-to-high-school students who excel in a particular subject in school. If they know any grade-school level kids who struggle with that subject, have them speak with that child’s parents to see if tutoring is a good option. Your high schooler can set a rate and even create business cards to hand out when necessary.

Sell prints. Does your child have a talent for art or graphic design? Encourage him or her to set up shop on a site like etsy.com. With an initial investment in materials like paint or printing costs, the kids could be selling unique pieces of art online in no time! Have them do some research around the internet to find out an average selling price for their type of art, and then they can set their own prices. As long as they can ship it, they can sell it!

Use a site like eBay. If your kids are involved in a deep clean and come across some toys or gently-used clothes in a sellable condition, encourage them to sell it online! Sites like eBay are the perfect way to get kids learning about some basic economics and business skills, like setting a price, writing thorough descriptions, and so on.

Offer yard work services. If your child enjoys the idea of doing some lawn services—lawn mowing, weeding a garden, watching houseplants while someone’s out of town—encourage him or her to do it! When the weather warms up, have him or her stick a flier in every mailbox on the block. The flier should list your name, your email address, the lawn services your child is willing to offer, and rate ($10 to mow a lawn, $20 to watch plants for a week, etc).

Recycling. If your neighborhood doesn’t already have a way to collect recycled goods, your child could use the flier method above to inform neighbors that he or she will collect bags of recycling to take to the nearest recycling station every week. He or she can go around and collect bags people leave out before garbage night, or have them dropped off in his or her own driveway. They could charge $1 for each bag. Alternatively, check the backs of your bottles and cans to see if your state will give you cash back for recycling large amounts of them!

What about you? Have your children engaged in any entrepreneurial adventures? What were their ideas, and how did they work out?

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463 posts
Kathy

Hmmm! Good suggestions. Dog walking, elder parent sitting are other ideas.

posted on 1/31/2012

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168 posts
Brandi

I like the recycling suggestion!  That's a good idea for kids!

posted on 2/1/2012

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29 posts
Leena

Lovely suggestions!

posted on 2/1/2012

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42 posts
Elizabeth

These are cute suggestions, but some don't seem very feasable. Normally, I love these articles, but these aren't quite on. As far as selling things from your garden, making jam to sell, etc, you had better check with your state's laws. In Texas, it's illegal to sell these things. Collecting recycling? Are they going to sort it too? Ick!

posted on 2/2/2012

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287 posts
Brianna

Great ideas - it is so important to encourage kids to stay busy, particularly outdoors, and to think of others in the process.

posted on 2/2/2012

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15 posts
M J

  • Elizabeth said:
    These are cute suggestions, but some dont seem very feasable. Normally, I love these articles, but these arent quite on. As far as selling things from your garden, making jam to sell, etc, you had better check with your states laws. In Texas, its illegal to sell these things. Collecting recycling? Are they going to sort it too? Ick!

Actually, there are new lawas in Texas that permit you to sell things under certain conditions.  But checking your states laws are an excellent idea!

posted on 2/2/2012

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15 posts
DONNA

I love the idea of selling prints on etsy!  My 10-year old is always wanting to sell his art work and this would be a great way to do it!  Thanks!

posted on 2/2/2012

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7 posts
Katrina

Great ideas!  

posted on 2/2/2012

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32 posts
Sue

Some very good ideas, thanks!

posted on 2/2/2012

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Jackie

Nice ideas. However I think that they should help around the house & work with all the family members to get things done. This way we can spend more time together as a family. Oh and they should not get paid monetarily they should get things they need & somethings they want. :)

posted on 2/2/2012

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6 posts
Gale

When my son was little we encouraged him to be of use to the world as opposed to making money. We were okay financially so we did not need him to earn money and felt that service projects were a better way for him to find his place in the world. He began at ten as a kind of volunteer apprentice at a community center being renovated by volunteers. He learned a great deal doing this and later used those skills to help rebuild down on the Gulf Coast after Katrina when he volunteered two weeks two successive summers when he was a teenager.

posted on 2/2/2012

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24 posts
Tina

Great ideas to teach responsibility. Also, to help children feel empowered. We just started an ETSY account. Soon my daughter will list her crochet items.

posted on 2/3/2012

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55 posts
Kathy

Great ideas!!!

posted on 2/3/2012

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Jana

You are a great parent!

  • Gale said:
    When my son was little we encouraged him to be of use to the world as opposed to making money. We were okay financially so we did not need him to earn money and felt that service projects were a better way for him to find his place in the world. He began at ten as a kind of volunteer apprentice at a community center being renovated by volunteers. He learned a great deal doing this and later used those skills to help rebuild down on the Gulf Coast after Katrina when he volunteered two weeks two successive summers when he was a teenager.

posted on 2/3/2012

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94 posts
Dorothy

We pay ours a commission based on doing their assigned jobs around house but it's an interesting idea.  For outside the house, we donate tons of time & items to local food banks and scouting projects.

posted on 2/3/2012

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294 posts
Gloria

I like the gardening ideas

posted on 2/3/2012

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9 posts
Angie

There are some great ideas here!  Thanks!

posted on 2/3/2012

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Rosaida

While these are good ideas, I think they are better suited for much older kids (maybe young adults?). Selling their product is great but kids should not expect for guaranteed success on selling online. Chances are, they're not the only ones selling their kind of product. Volunteering or community service may be a better way to spend the summer. Not only do they learn from their experience, but they get to network and it would look good on their resume.

posted on 2/3/2012

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63 posts
Nancy

I agree with most of the comments. Getting paid for growing some veggies, or maybe picking some berries that they've grown is an excellent idea as long as they don't expect alot. It's teaching them  that if they work at something it can be a positive endeavor....they get the growing knowledge plus a little work ethics at the same time. Both can carry on into adulthood.

posted on 2/3/2012

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132 posts
Sherri

Our 5 children have done everything from babysitting, walking dogs, yard work, worked on farms, washing and waxing cars...the list goes on and on!  They don't mind working and it teaches them so much about life.

posted on 2/3/2012

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20 posts
Dacia

  • Gale said:
    When my son was little we encouraged him to be of use to the world as opposed to making money. We were okay financially so we did not need him to earn money and felt that service projects were a better way for him to find his place in the world. He began at ten as a kind of volunteer apprentice at a community center being renovated by volunteers. He learned a great deal doing this and later used those skills to help rebuild down on the Gulf Coast after Katrina when he volunteered two weeks two successive summers when he was a teenager.
I'm ok with kids earning money by doing things themselves, but I agree with you that a much better encouragement is to lead them toward service for others without monetary(or otherwise) reward!  Teaching diligence in whatever they do is important!

posted on 2/3/2012

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594 posts
Annie

Great ideas! We do recycling and sometimes eBay if it is worth it.

posted on 2/3/2012

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358 posts
Chris

Our town has the one huge recycling bins so we can not collect cans or bottles to turn in forcash.

posted on 2/3/2012

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339 posts
Steffie

My hsband did some tutoring.

posted on 2/4/2012

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1200 posts
Patricia

Volunteering is a great way to get children involved - then they transition easily to offering their skills for a fee.

posted on 2/4/2012

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