Teaching Kids How to Start Their Own Business

Want Your Kids to Learn Money Skills and Responsibility… Before They Even Hit Teen Years? Teaching children to think like entrepreneurs is not just for adults, it is a superpower they can start building now. From turning birthday money into their first profits to creating crafts they love, helping your child launch a mini business teaches independence, confidence, and the kind of smarts money cannot buy.

I learned this young. My parents taught me about money and business early enough that I was able to buy my first house at 14. Starting young really does pay off. Whether you want to give your child a head starts on life—or just avoid buying them that toy they keep asking for—helping them run a small business is one of the best lessons you can offer.

Step 1: Start With Birthday and Gift Money

Most kids receive money for birthdays or holidays. That is the perfect foundation for their first business. Teach them to divide their money into three jars or banks:

·         Giving

·         Savings

·         Investments

This helps them practice managing money while still leaving funds for starting a small project.

Step 2: Pick a Product They Enjoy Making

Children are more likely to stick with something they enjoy. Here are some simple craft business ideas:

Fun Business Ideas for Kids 🎉.pdf

Download PDF • 101KB

And of course, the options expand depending on your child’s unique talents.

Step 3: Invest Their Own Money

Once they have chosen a product, let them buy the materials with their own money. This is important, it must be their business. If they do not take ownership, it will not work. Learning responsibility is just as valuable as earning profits.

Step 4: Ask Permission to Sell

Before selling their creations, encourage your child to ask their pastor or another trusted adult if it is okay. This is especially important if they plan to sell at church events or community gatherings. It teaches respect and helps avoid potential problems.

Final Thoughts

Teaching kids to start a business is not just about making money. It builds confidence, responsibility, and creativity. Start small, let them make mistakes, and watch them grow. Who knows, your child might be running their first business long before most kids even think about it.

Call to Action: Try one of the craft ideas with your child this week. Even a simple friendship bracelet can turn into a lesson in hard work, money management, and independence.