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Business Ideas For Kids
They are everywhere! It seems that everywhere I go, I am finding great stories about young entrepreneurs and the many ways for kids to make money. Kids earn money by finding lost golf balls, uploading photos for technically-challenged older folk, breeding pet rats, and, of course, the old classics are evergreen - babysitting, lawnmowing, car washing, and household chores. Just the other day I came across a comment on the Connect With Kids blog, which really warmed my heart. Krisi Repp, who has obviously done a great job of parenting her three youngsters, talked about her son. Our 11 yr old is a boy and this is his 2nd summer to own his own lawn care biz. Last summer he made about $700.00 while the majority of his friends played video games, etc. He bought a cheap rider, pusher, blower & trimmer to get started w some left over Christmas money & money from his dirt bike he sold. This summer, w his approx $500. left in the bank, he decided to purchase a brand new rider on clearance. His Dad & I financed it for him w the understanding that he would be expected to pay it off in full before the end of this summer. 2 weeks ago, he brought $1,200.00 CASH to make his 1st pymt, leaving less than a $150.00 balance. I know he feels very proud of himself & rightfully so! He has vision of purchasing a nice car when he turns 16 & I’m sure he will be able to. I love hearing these stories, because we are talking about ordinary kids, living in ordinary neighborhoods, with no lucky talent or physical prowess to set them apart from other kids. These kids achieve their results through good old-fashioned hard work and enterprise. How many lawns do you think this youngster mowed to raise $1,200? But what a sense of satisfaction! I remember when our girls made the final payment to repay the start-up capital for their business - the sense of achievement was incredible. I think they were happier that day than when they actually started withdrawing the profits and spending them. We don’t help our kids when we give them everything they want - we deprive them of the satisfaction of earning it for themselves, and the confidence that comes with knowing they can negotiate with the world on their own terms. In fact, by depriving them of the learning experiences that come with taking real responsibility, we actually cripple them for dealing with the harsh, unyielding reality that is “the real world”. Krisi’s son has been living in the real world for years already - it will hold no terrors for him later in life. Are your kids so well prepared for adult life?
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