Homegrown Entrepreneurs: Starting your kids in commerce

As a mom one of my greatest responsibilities is to educate my children. While I place a very high value on book learning, I place an even higher value on character growth and emotional intelligence. I want my kids to have a well rounded and diverse foundation to build their lives on and sometimes I believe we overlook some of the simplest tools to help them achieve this.

One of the ways that we have be able to foster and cultivate this mindset and see tremendous character growth is by having the kids involved in our farm and garden. This has given plenty of opportunities to have responsibilities that have helped cultivate an entrepreneur mindset and the resources to start their own little businesses. A farm and garden are just the tip of the iceberg when it comes to resources and business ideas though. In fact, one of my daughters most successful ideas didn’t involve those at all. Decorating these up-cycled glass jars turned out to be a first really successful business endever.

Some tips for the parents:

Unless you child is older be prepared to be very involved in the process from start to finish. This is about character growth and with any business comes plenty of details that are easily overlooked and can cause your child to get discouraged. I found it best to plan the kid’s business ventures during a less busy time for me so I wasn’t overwhelmed and able to help where I was needed, even if that was just lots of encouragement to keep going and not give up.

Decide ahead of time if you will be shipping any products. You’ll want to take into account the cost of shipping and packaging materials and have those on hand. I had lots of sweet friends from social media helping to support Quincy and that meant lots of trips to the Post Office!

If you’re not planning to ship products and you plan to sell them locally, you’ll need to decide how and where that will happen. Depending on your child’s age you might need to be very involved in this. You could set up at a local farmers market, sell door to door, at your local church, or mail out fliers. Social media is also a great platform and facebook also has crafting groups that you can join, usually with people that love to see kids so active in business or ministry.

This is a great safe way to introduce them to things like budgeting and business accounting. Math has never been so practical!

My husband, Lance, and his good friend Jonathan created this 6 week course for middle school students and they so kind as to put together a free printable PDF for you and your kids as a step by step guide to help you get started! Click the link below:

HOMEGROWN ENTREPRENEURS

Here are a few other resources that will get your creative juices flowing.

Minding Your Own Business by Raymond Moore

Better Than a Lemonade Stand!: Small Business Ideas for Kids

Teach Kids Business: A Workbook for Kidpreneurs

Accounting Ledger For Kids

How To Make Money As A Kid: https://selfsufficientkids.com/