Business Ideas for Kids

Being an entrepreneur is not only for adults. In fact, teaching your kids how to be entrepreneurs has many advantages for them, as it teaches them important life lessons such as responsibility, decision-making, determination, organization, and so much more.

Traditionally, when we think of business ventures for kids, we think of classic options like lemonade stands or lawnmowing. While both of these are excellent options, there are many other choices that most would never think of. The following are four business ideas for your kids that can help them grow as thinkers and innovators, and are fun as well!

• Podcaster: Creating a podcast is free and easy, and allowing your kids to create their own podcast would teach them many life lessons. It would force them to think creatively to come up with topics that would interest their friends and family. It would also teach them valuable communication skills, as they would have to interact with anyone they invite on the show. Plus, they would have to promote their show with their friends and family, teaching them some basics of marketing. While it is unlikely this will make any money, it will teach life lessons that are invaluable.

• Musician: One of the best ways to unlock the creativity of a child is through music. Furthermore, allowing your kids to perform at family gatherings or friends’ birthday parties would allow them to learn how to stay organized and give them experience preparing for something. It would also give them charisma and general courage, as they would have to get over their stage fright.

• Party Planner: There is no better way to teach your children organization skills than to have them plan and run a family event. You should of course help them along the way, but allow your child to think creatively, organize details for the event, and communicate with others in the process.

• Illustrator: With modern graphic design technology, it is easier than ever before to design just about anything on a tablet or laptop. And it is fairly easy for children to master at least the basics of many of these graphic design programs. Try allowing your kids to play around with these programs and see what they are able to produce. You could even pay them a small allowance for designing something for a family event or something similar. This would teach your child creativity and some basics of marketing as well.

There are many more business ideas for kids that could help them grow and learn valuable skills. For more ideas, check out Small Business Trends’ article titled, “50 Small Business Ideas for Kids.”

About the Author -- Joshua Ferdman

Joshua Ferdman is a Los Angeles-based entrepreneur, specializing in technology, finance, and real estate. He started working in the mortgage business at the age of 16 and hasn't stopped since. Joshua always said that the most important job you can ever have is phone sales. He writes about entrepreneurship, leadership, and succeeding in the professional world.