Do you have a budding entrepreneur in your house?
Do you want your kids to learn about business?
Here are some ways to start teaching your kids about business and entrepreneurship:
- Run a lemonade stand – seems obvious but it is one of the easiest ways to have kids learning about business. Have them come up with a company name, plan out what it will look like (colors, feel, what the stand will look like, etc.), and then make business decisions such as: what they are going to sell (flavors, slushies, regular, treats) and then create a budget for it (research costs at the local grocery store), where it will be located (if it’s not in your yard, you will need to check with your locality for permits), and if they are going to donate the money to a cause. They will need to create the stand and display, marketing materials, figure out how to get the word out, figure out how to get the money to buy the supplies, buy the supplies and then run the stand(if you scroll down below you can click on the graphic to download a free e-book on how to start and run a lemonade stand including how to build a stand out of PVC pipe). It really is a great introduction into running a business!
- Visit local businesses – entrepreneurs love to tell their story and one of the best way to learn about different businesses is by visiting them and asking questions. Choose a time that is not extremely busy (i.e. if it’s a restaurant don’t go during busy meal times) and then ask if you can speak to the owner about their business. If they are too busy, ask if there is a time that you can come back and learn more about their business. When you are done visiting, don’t forget to send a thank you note!
- Attend a youth entrepreneur camp – one of the funnest and fastest way to learn about business and entrepreneurship is through a camp, after-school program or club specifically for entrepreneurship. Many programs have the kids work on their own business idea in addition to learning business basics, visiting entrepreneurs and having guest speakers. Kids usually have the opportunity to present their business idea and some of the longer programs even include putting their business into action. New camps and programs are popping up more and more, so if you don’t find something in your area check with your local chamber, school, local business school as they may know of something. If you are in Madison, WI – we have a youth entrepreneur camp for Middle-school aged kids at UW-Madison and E-seedling has camps and programs for kids for ages 9 and up. Can’t find one in your area email me at email@example.com and I will try to help you find one or work with you to try and get one in your area.
- Play business games – there are several games both board and online that can help kids learn about business. Here are a few of the ones I have found: a) Lemonade Stand online game – simulates a lemonade stand, what to buy, estimate sales based on weather. https://omsi.edu/exhibitions/moneyville/activities/lemonade/lemonadestand.htm b) PBS kids online game – Fizzy’s Food truck let’s kids run a food truck business http://pbskids.org/lunchlab/games/food-truck c) Biz Ops Game – Home Edition, this game is one of the favorite activities at our Youth Entrepreneur Camp and the kids asked for a version they could play at home. This version is for 4-6 players and each player comes up with a company name for their own paper airplane business. They then design, test and make paper airplanes, budget expenses, sell them to the customer, track sales and expenses. The player with the most profit wins. There is more information about the game below and on the Biz Ops Game page.
UPDATE: The E-seedling Young Entrepreneur Club in Madison, WI – Spring 2018 is starting in February. CLICK for More INFO
CLICK on the Graphic Below to DOWNLOAD a FREE copy of How to Start, Build and Run a Lemonade Stand!
Here are some tools and books we have available to help you and your young entrepreneur learn more:
1) The Biz Ops Game™ Home Edition is a fun interactive board game that is for 2-6 players ages 9 and up. It includes everything you need to play this fun interactive board game to teach business at home. It is the perfect activity to introduce how a business runs. Each player creates their own company, budgets and track sales all while designing, making and selling paper airplanes. The player with the biggest profit wins! Click HERE to Order
2) Our e-book “You’re Never too Young to Start a Business” is the perfect way to get your kids started with entrepreneurship. It takes the kids through how to choose their idea, test it out and then develop it as a business so they can start and run it. It’s a great way to incorporate, business, math, communication and English into a fun entrepreneurial project (and a fun way for kids to earn money and make a difference). There is a free downloadable workbook included with the e-book. Available on Amazon.com for $2.99 Click here to Order
3) If you want some ideas for activities and content to help teach your kids entrepreneurship then the More Than a Lemonade Stand™ book is for you. The book includes all of the activities and curriculum ideas you need to help your kids get started on their entrepreneurial journey. It also has a complete planning guide so if you are thinking about getting a young entrepreneur program started in your community it will give you the steps. CLICK HERE FOR MORE INFORMATION ON THE BOOK
4) Youth Entrepreneur Camps or Clubs: The Spring 2018 Young Entrepreneur Club in Madison, WI starts in February CLICK HERE FOR MORE INFO and TO REGISTER. The 2018 Youth Entrepreneur Camp in Madison, WI is now open for registration. CLICK HERE FOR MORE INFO and TO REGISTER.
5) If you are a homeschooling parent and want to implement youth entrepreneurship but don’t have the time or resources to develop the curriculum and don’t want to “reinvent the wheel” then the More Than a Lemonade Stand™ Facilitator Guide and Student Workbook is for you. Included in the curriculum are modules that teach How to Choose a Business Idea, Branding, Marketing & Sales, Financials, Customer Service and Business Operations. Bonus modules include Presentation skills and Business Ethics. Also included is the Lemonade Stand “Apprentice Style” Team activity. They are provided in electronic formats to keep the cost affordable and so that you can easily customize them to fit your needs. The Facilitator Guide is the complete curriculum in MS-Power Point and includes the teaching script in the notes portion to get up and teaching fast. The student workbook is in a PDF format and can be reproduced for the students to use. We now also have full color 52 page printed student workbooks that you can order. The complete curriculum contains over 30 hours of programming that you can pick and choose from for your needs. It is available for ordering on the products & services page.
If you still are feeling hesitant about getting your kids started as young entrepreneurs, I am here to help you. Please contact me at firstname.lastname@example.org and I would be happy to set up a free consultation to answer any questions you might have. I am also available on an hourly or project basis if you need it. And as always, our products are 100% guaranteed so if at any time you feel the products are not meeting your needs we will issue you a refund. (All we ask is that you return the products and let us know why, as we strive to continuously improve our products & services).
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