As a parent, it’s essential to provide your child with a variety of rich opportunities. One area to allow your child to explore is entrepreneurship. Children of all ages can enjoy and benefit from entrepreneurial activities.
Here are a handful of ideas for your child on how to make some money and learn important entrepreneurial skills over the summer.
Entrepreneurial Ideas for Ages 3-5
- Greeting Card-Making—Does your child love being creative? Making and selling cards is a great way for them to make a little money while using their artistic abilities. As your child grows, they will gain more knowledge about design. You can find affordable blank greeting cards at your local craft supplies store, and you likely already have the paint, pencils, and other materials your child needs.
- Art Sales—Another creative idea is for your child to host an art sale. She can, with your supervision of course, paint canvases, make jewelry, or create other types of art. Then, they can sell them in your community—again, with your supervision only! Your child can also make single designs and have them printed professionally. You can even start an online store under your name to sell your kid’s work.
- Lemonade Stand—This is a very simple way for your child to start their entrepreneurial journey. All your child needs is a good lemonade recipe, a table, cups, and a large sign. Your yard is a great place for this. One tip for gaining more customers is to set up the lemonade stand when your neighborhood is holding a garage sale.
Entrepreneurial Ideas for Ages 6-9
- Bake Sale—No matter how young your child may be, they can absolutely hold their own bake sale. I’ve not met a kid yet who didn’t like to help their mom in the kitchen! Obviously, they will need some extra support when baking the cookies and other treats. In fact, you’ll probably end up doing most of the work for this one, at least at first. But over time, you’ll be able to release some of that responsibility to your child. To take this to the next level, you can even accept orders and deliver them.
- Dog Treats—In addition to making cookies for humans, your child can make dog treats. It’s easy to find recipes for dog treats, and many of the supplies are probably already in your home. Your child can create flyers or ask neighbors who have dogs if they would like a sample to get started.
- Gardening—Your child can make their own garden in your backyard. Then, they can sell the plants, fruits, and vegetables to neighbors. Your child might even be able to set up a garden stand at a local farmers market.
Entrepreneurial Ideas for Ages 9-12
- Computer Repair Service—If your child is into technology, this may be the perfect entrepreneurial opportunity for them. There are many courses available online that can help to boost your child’s knowledge.
- Computer or Device Lessons—In addition, your child may be able to help less tech-savvy individuals in your community learn how to use their smartphones, tablets, and computers more effectively. This could be done remotely too, via phone calls or Skype.
- Pet Sitting—Is your child an animal-lover? People are often looking for pet-sitters as they head out of town. Summertime is a very popular vacation time, which means this is the perfect summer hustle. Encourage your child to talk to neighbors about their pet-sitting abilities.
When children explore entrepreneurship from a young age, they receive several benefits, including:
- Improved work ethic—When children are learning how to work for the first time, they will also learn how to work efficiently and effectively. If they do not do the work their customers expect them to do, they may lose customers. In addition, they will benefit from seeing how you work and will model that in their own business.
- Creativity—Children will need to come up with new, fresh ideas from the start of this entrepreneurial adventure. They will also need to be prepared to problem-solve, which will take a lot of creativity. Over time, you’ll be amazed at how much their creativity will grow.
- Social skills—Though your child may be social and comfortable with other children, they may not spend a lot of time socializing with adults. If your child starts their own small business, they will need to communicate with adults as they work, which will allow them to build important social skills with the adults in their lives.
- Resilience—Your child’s plans aren’t always going to go smoothly. They will run into roadblocks that they’ll have to figure out how to navigate. When children become entrepreneurs at a young age, they’ll learn how to bounce back from obstacles more easily. This is beneficial later in life as well.
- Goal-setting skills—Some children start out with lofty goals, like growing up to become an astronaut or to solve world hunger. Having big dreams isn’t necessarily a problem. In fact, it’s a crucial part of being a kid. However, entrepreneurial activities will give them the chance to create more realistic and achievable goals that will help guide them throughout their lives.
Giving your child these entrepreneurial experiences helps to shape their life. All of the benefits and experiences that come from entrepreneurial activities will allow your child to grow and learn. These skills are important for both children and adults.
As your child starts their entrepreneurial journey, make sure you are providing plenty of support. Let your child know that you are there to help but allow them to do some of the work on their own. Offer more or less support depending on the child’s age, experience, and the difficulty of the project.