How to Support Your Kid Entrepreneur

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My very first business was a food company. Okay, that might be a bit of a stretch. I sold cupcakes from a box mix to my peers in high school for fifty cents each, and I made a little over $20 a day. 

I was participating in a program where we had to raise funds for a scholarship. Other kids had their parent’s rich friends or family members with money to ask for help. I didn’t, so instead I got crafty in the kitchen and started making money. My parents would take me to the supermarket to buy materials each day based on my estimation for how much I’d be able to sell each day. Every single day, I’d sell out. 

One time, I got sent to the vice principal’s office for selling cupcakes during class. He ended up buying a few as well!

That first step into running my own business stuck with me, and years later, I’m still an entrepreneur.

My 12-year-old has started to show an interest in being an entrepreneur as well. She runs a YouTube channel and has a clear plan in mind to be able to monetize in the future. 

It’s so fun to watch her plan her content and use data points like engagement and views to determine what she’s going to do next. I make sure I stay supportive, and I’m always here to help her take the next step in her journey as.a young entrepreneur.

What about your kiddo? Have they shown an interested in starting a business? Do they already have a business? Here are a few ways that you can support your child:

Listen to them.

If your child starts a business, remember that it’s their thing. Don’t try to take over. They are your boss.

Offer suggestions, not directives.

You know what? If your child is an entrepreneur, they will experience disappointment at some point. That’s the way business works. Make sure you’re suggesting improvements to your child’s ideas rather than making them feel as if they have to do it. Again, it’s their business. 

Sign up to host an Acton Children’s Business Fair

The Acton Children’s Business Fair is a free program offered to entrepreneurial families. The fairs are put on locally by regular folks who are passionate about supporting the youth in their community. This is the perfect way to celebrate the young entrepreneurs in your area.

You’ll help them find new customers, as well as practice selling and promotion skills out in the real world. These fairs are a great opportunity to support businesses run by children, and receive support.

In fact, Acton Children’s Business Fairs will provide a fully-functional website to promote your fair, organize and prepare participants from your community. They also provide easy templates for posts, signage, and email templates for potential sponsors.

As if that wasn’t enough, they’ll also give fair hosts up to $500 in prize money depending on how many booths they have!

 

Do You want to host an acton children’s business fair?

To host an Acton Children’s Business Fair in your community, you’ll submit a short questionnaire. After that, you’ll submit a video clip with a short introduction of yourself, and share why you want to host an Acton Children’s Business Fair in your area as well as when you’ll host it.

You don’t have to host a big fair. Start small if you’d like. Acton Children’s Business Fair will make sure you have all of the tools you need to host, including a website and the opportunity to win up to $500 in prize money.

For more details, and to find out if there is a scheduled Acton Children’s Business Fair in your area, check out the website.

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