Hey Everybody:
Today we're going look at various ways to get this ball rolling for our children -- particularly the ones who desire more than the $20 bill you give them!
If you're wondering how to help them get going, I have a few ideas and suggestions you may want to consider. And we'll start with Jeff Brown of Teaching Kids Business who has a whole Website dedicated to helping them. Check out his YouTube channel where he talks to the kids about going into business and its benefits, as well as give them an opportunity to share their story (great for business exposure). He also invite parents and teachers to join in and share their business ideas.
I recommend that you and your family take some time and explore his site in detail. It's packed with how to get up and running. After viewing his YouTube Channel, I recommend that you visit his resource center with a pad of paper and pen in hand!
There you will find links to teacher resources, parent resources, mentorship, entrepreneurship, games, and even how to get your kids interested in the first place! And his site's content is written with both kids and teens in mind. Well worth any time and effort you put into it, that's for sure! And once you've taken your time to explore his site in detail, I'm sure you will agree! Highly recommended.
If you happen to wonder if your 8-year-old can really learn about money and business, perhaps you may consider sending him or her to camp. Millionaire Mind Camp, that is! Children ages 8-11, grades 3-6 can spend 10 days in summer camp learning about money, self-empowering techniques, using their natural talents to become wealthy, and so much more!
Say your kids are a bit older than that? No sweat! Millionaire Mind Camp covers ages 8-18, grades 3-12! Check it out and see if it's a good fit for your family.
After reading more stories about young entrepreneurs and the money they generate annually in their businesses at extremely young ages, you will see that "nothing" really is impossible when you pair up knowledgeable and caring adults with determined children!
While the rest of the world is focused on the economy, there is a very large and *nationally-based* group of professionals who have chosen to gather up the apples that have seemingly fallen from the trees we call "the recession!"
We're taking those apples and turning them into all kinds of products while earning a profit to boot!
Whether it's selling haircare products, office chairs from their bedrooms, computer services, or even babysitting brokering services, these kids are on it! Yes, one smart young lady is earning quite a bit by being the middleman...er, I mean, middle girl by pairing up parents who need a babysitter with the kids who are willing to do it!
And speaking of brokering services, let me let you in on something you might not be aware of, but could help you generate great income if you allow your mind to get creative enough to come up with a business idea that's comfortable for you.
There is a particular service that works best in a recession that doesn't work as well when the economy is flourishing, and that's brokering services. The bottom line with brokering services is that you're the middleman who arrange a great opportunity between those who need a service and those who would like to provide it to them, while taking your cut for the arrangement.
So whether it's "babysitting services" (as mentioned above), or a company that needs to liquidate some of its unused/unsold inventory (for whatever reason), you can be the "finder" who needs to buy what's being liquidated, and arrange that sale.
An example might be someone who's selling a business opportunity and signed up a lot of people. These people may have chosen to work from home, and need office supplies and furniture, but the money is not there yet because they're just getting started. In the meantime, this company over here has failed to sell their brand new furniture because people just aren't buying because of the economy. Now this company can't seem to even get rid of it fast enough and has decided to take a loss.
Either you can sign up all those new work-from-home people in need of steeply-discounted furniture and put them on your list and arrange this sale (getting your fee from both sides), or you can let a business broker ultimately get in there and do what they do best, which is find a company to sell that inventory to and get that fee themselves!
Oh, if you may be wondering why this is not the ideal business to be in during a great economy, that's because for the most part, brokering services at this level isn't really needed. People are buying from the companies directly and most likely are paying full price as well!
Could you be a broker because you happened to see an opportunity to help someone rent some unused and gaping space in their business establishment while finding a few work-from-home business owners in need of a very small space to rent a couple of times a week?
Might your teenager see an "information service" opportunity between those who are seeking very specific services, such as fun but cheap places to take their families to and match them up with the providers of t hose "little known" cheap but fun places while taking a fee for pairing up the two?
Food for thought is all.
Finally, Young Biz is a site that you and your pre-teens and teens should also check out. Packed with great information and like the others, and designed with your young entrepreneurs in mind. Another highly recommended site!
If you know of any sites or local programs that our members should know about, please either post it in the comment section or send me an email.
Until next time, may business ideas come you speedily!
Tisha M. Silvers
Author, "The Homeschoolers' Income Makeover! "
Foreword by Paul & Sarah Edwards, The Self-Employment Experts
www.homeschool-wealth.com
www.Twitter.com/tmsilvers
www.linkedin.com/in/tmsilvers
Creator of Social Networking Sites:
http://homeschoolbusiness.ning.com
http://homeschoolbusinesses.ning.com
Saturday, April 11, 2009
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