As adults we forget that our children don’t really have an understanding of where products or services come from before they reach the end user.
Very young children, unless they grow up on a farm or in a family business, assume food simply comes from the store, packages arrive in the mail and the babysitter just shows up at the door. They don’t have the awareness that the retailer purchases from a manufacturer or maker before they sell it to you or that a baby sitter might work for an agency.
As you go places with your children, begin having discussions about what you see and purchase. Talk to them when you notice something lacking in your community. Maybe suggest some solutions and they will begin developing their own creative problem solving muscles.
If you travel with them this summer, point out what you notice in other geographic areas that might be a great thing to have in your own hometown.
Become trend-spotters. For example, what’s the next cupcake or cake-pop? As you notice trends, talk to your children about them. Ask why they think this has become popular.
When you are out and notice interesting shops, encourage your children to ask questions of the proprietor. If you notice products that look like they are handmade, point them out to your child.
A fun exercise to do is to always be asking, “how could this thing (cookie, instruction video, etc.) be even better?”
When you purchase something your child asks for, whether it’s a book, toy, fashion accessory or game talk about the price and where the money to purchase it comes from. Many children grow up just assuming their parents have endless funds and don’t consider what it took to obtain that money or how spending it fits into the family budget.
Depending on your child’s age and concept of math, you might ask questions like, “I wonder how much the merchant had to pay for that.” or “How do you think that was made, what do you think it was made of?” or “how much do you think it cost to make that?”. If they’re a bit older, you can talk about the mark-up and show them that’s how the shop owner makes money.
When you hire someone for a service such as housecleaning, yard work, pet sitting, or babysitting, talk with your child about how you pay that person. If they are from an agency, explain to your child how that works, that the agency provides a service of finding the sitters, marketing (finding people to offer the service to) and in exchange for that, they take a percentage of what you pay.
If your area has a farmers market, that is a great way to expose your kids to entrepreneurship. Also craft fairs where they can talk to the maker about how their products are made.
In many US states and other areas of the world, children have to be 15 or 16 to get a work permit so most employers won’t hire them. But they don’t have to wait until they’re in highschool to begin earning and understanding the value of money and rewards of being their own boss. The media is full of stories about kids who started businesses as young as 9. They learn valuable life skills and positive values by starting a play project business as a child. And they might even earn enough to pay for part or all of their own college.
That’s why I’m creating an e-guide to help you help your kids of any age to create their OWN summer jobs, start their own businesses while having fun doing what they love.
I’ll show them how to figure out what kind of small business to start (with little or no money) and guide them in the start-up process. You’ll get at least 50 business ideas that can be adapted for kids of any age and give them guidance on how to get customers to pay them for their strengths. You’ll get all this great info and some inspirational case studies for $19. . “Create Your Own Summer Job” e-guideLets Connect