There is no better time to teach kids entrepreneurship than the present. There are so many innovative and creative ways to earn a living in today’s society. Learn the best way to teach entrepreneurship to children. With resources like the Acton Children’s Business Fair, the opportunities to raise kidpreneurs are endless. Keep reading to learn simple and fun ways to teach kids how to turn their talents into a booming business!
This post is sponsored by Acton Children’s Business Fairs and contains affiliate links. If you purchase anything via my links, I may receive a small commission at no additional cost to you.
Looking back, I have always had an entrepreneurial spirit. I started a newspaper in 5th grade, sold cooking supplies in college, and now I own two businesses. Now as a parent, I would like to pass that entrepreneurial spirit on to my own children.
It’s never too early to explain entrepreneurship to kids. Our kids got a taste of business ownership when we encouraged them not only to sell lemonade but to assist in building a lemonade stand. It was a great experience and seeing their faces light up with each customer they served. They can’t stop talking about it and neither can their friends – they want to create their own businesses now!
Benefits to teaching kids entrepreneurship
- Builds confidence – Entrepreneurship is a natural expression of a child’s gifts. When they see their concept or service come alive it builds their confidence.
- Money Management – Children will learn the concept of managing money and overseeing the costs of running a business.
- Problem-solving – Children have to think quickly and solve problems when they arise.
- Cultivates Creativity – My kids had a lot of opinions when it came to decorating the lemonade stand. They helped paint and style the stand.
- Leadership – Some of the best leaders are business owners!
How to Host a local Children’s Business Fair
Not sure where to begin your child’s business journey? Consider hosting or attending an Acton Children’s Business Fair!
What is an Acton Children’s Business Fair?
It’s a great way for kids to experience entrepreneurship in a safe environment. This one-day fair showcases businesses created and launched by children. The Acton Children’s Business Fair is a free program offered to entrepreneurial families by the growing network of Acton Academy schools and the Acton Next Great Adventure program.
How to get started
- Find a Fair – Find upcoming events located across the world. Apply to be a part of the fair. The application asks kids a few simple, but important questions pertaining to their business. This event is designed to give children the experience of selling a product or service.
- Start your own fair – it’s easier than you think! The audition process is simple. Applicants fill out the application and submit a video that includes why he or she wants to start a Children’s Business Fair, how they will attract others to participate and when and where the fair will take place. It’s that simple! Once approved, Acton Children’s Business Fair will give the applicant the resources to make the fair a success!
20 Business ideas for kids
Not sure which business idea your kid would love to start? Here are a few of the best kid-friendly business opportunities. Get creative and focus on your child’s interests and talents to find a good fit as they dive into kids entrepreneurship for the first time.
- Lemonade Stand
- Lawn mowing
- Trash can cleaner
- Raking and bagging leaves
- Washing and detailing cars
- Dog Poop Clean up
- Slime making
- Blogging/Content Creation/YouTube Star
- Jewelry Designer
- Dog walker
- Web design
- Laundry service
- Selling arts and crafts
- Candle making
- Music tutor
- Gift wrapping service
The opportunities are endless! There are many clever business ideas for children that do well at Acton Children’s Business Fairs.
According to 3 Magic Seeds, there are three simple, but magic entrepreneurial seeds: making something with your own hands; selling it (safely) to someone you do not know; and experiencing the power and the responsibility of a little hard-earned spending money in your pocket. These are the three gifts you can give to the next generation. What are you waiting for?
This is a sponsored conversation written by me on behalf of the Acton Children’s Business Fair. The opinions and text are all mine.