|
|
Pint-sized Entrepreneurs
As the excitement of school children builds to
super-charged levels as they prepare to shift
gears and fly into summertime, there has never
been a better time for students to let their
entrepreneurial wings catch the wind and soar.
There are at least two reasons for this.
Number one: No one dreams better, about things
that aren't, than kids. Take 11 year-old,
Richie Stachowski. In the crystal-clear waters
of Hawaii, his imagination swam beneath the
ocean's surface with him and the idea for an
aquatic walkie-talkie bubbled to the surface.
Ritchie shared his deep-sea thinking with retail
giants Wal Mart and Toys R US and they bought
into it, hook, line, and sinker. Two years
later, the young inventor, not yet old enough to
drive himself to the bank, sold his toy company
for a cool million.
The second reason for students to climb aboard
the entrepreneurial flight deck is what John
Maxwell calls the "law of timing." Let's just
call it the "cuteness quotient." Simply put,
kids will never be as cute as they are today.
Ask your local Girl Scout troop about the
cuteness quotient and they'll not only tell you
that sales are good, they'll also tell you that
"Thin Mints," "Samoas" and "Caramel deLites"
make up about 44% of all Girl Scout cookie
sales. The million-dollar question for
pint-sized rain-makers is easy, "What is it that
my school, church, or community is hungering for
that I can provide with enthusiasm and
excellence?"
John Shorb found a hunger. As his sixth-grade
classmates were sleepily brushing away the
newness of the dawn, this entrepreneur was
busily working on the neighbors' lawns. Through
the teenage years, while some of his classmates
were earning minimum wage, John was creating a
legacy. At 19, his gross sales reached $125,000.
Do your children have a passion for animals? Why
not encourage them to start their own pet
grooming business? Do they have the skilled
hands of a craftsman? A mobile car detailing
business might be the perfect match. Both of
those businesses can be started on a shoestring
with NO PARENTAL TRANSPORTATION REQUIRED. Kids
can start at one end of the neighborhood and go
door-to-door delivering crackerjack service
along with a toothy grin.
One of the best kid entrepreneur stories out
there is about 15 year-old Chris Paolini. He
used the fruit of his childhood fantasies to
satisfy the craving for entertainment. He
brought together tales of dragons and
make-believe and put them in book form. "Eragon"
went on to become a best seller with more than
seven million copies sold. As a movie, the
series grossed a quarter of a billion dollars
worldwide.
What are your kids doing this summer? Consider
the possibilities and make this summer count.
Author: Joel Boggess
Email the author for more information about
“Entrepreneurial
Kids."
joel@breakthroughchampions.com |
Free download
The Art
of success
- 4 part
Audio Programme
Get the Link
 Keep
up the reading over the holidays with our
Holiday Reading Lists.
 Building
a tree-
house?
All you need to know...
The current downturn in the market can
be a huge opportunity for the wealthy.
This is a fantastic time for you to pass
assets on to your heirs at a major
discount.
For those of you who aren’t
facing estate taxes yet, there’s loads
of other opportunities to capitalize on
now that will make it more likely that
estate taxes will be one of the good
problems you have to worry about.
|
