Unsure where to start? Our advice is....keep it simple.
- First, think about what you can make with your own hands that others might enjoy.
- Next, picture how you might sell it.
- Finally, imagine the feeling (and responsibility) of having a little extra spending money as a result.
Learn more about the 3 Magic Seeds for starting a business.
For more inspiration, check out photos from our 2016 Children's Business Fair and the following resources:
Stories of Young Entrepreneurs
Looking for business ideas or just curious about other young entrepreneurs? Read these inspiring stories.
Carter Kostler wanted his mom to be able to drink her fruit-infused water on the go. So at age 13, he designed a bottle that would allow her to do just that. Now 15, Carter sells his Define Bottles online and in small stores. Of being an entrepreneur, he says, "It is important to know from the beginning that there are a lot of highs and lows and there is no such thing as overnight success. It takes a lot of hard work and you have to be strong to keep moving forward.
Mikaila Ulmer is CEO of a company she launched at the Acton Children's Business Fair in Austin, Texas, when she was 4. Ulmer, now 10, bottles and sells BeeSweet Lemonade at Whole Foods and other stores in Austin and donates a portion of profits to the protection of honeybees. Ulmer appeared on Shark Tank in March 2015.
Kia‘i Tallett of Hawaii sells her handmade creations— knitted hats and cuffs, felt flowers, and resin rings—on Etsy and has this advice for budding business owners, “Find something you like to do or make, and make sure you really like it, not just the idea of it."
Business Ideas for Kids
From making cat toys to designing websites, check out these site
Guide to Writing a Business Plan
From bizKID$, this worksheet helps young entrepreneurs think about marketing (from the name of their business to who they will sell to) and financials (including materials, pricing, and profit).
The following games and simulations will help you overcome challenges to starting your own business. Learn how to price, assemble, manage, and invest.
Name your coffee shop, buy supplies, make the perfect brew, and set the price. Can you please your customers and make a profit?
At what price should you sell your product to customers? What if you have competitors?
Can you assemble zappers more quickly and efficiently?
Do you have what it takes to upgrade your business from door-to-door to factory floor?
Once you’ve mastered Galactic Zappers, play Fistful of Dollars to learn how to manage your cash and working capital.