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image:forbes.com
Having a small business can be very challenging as well as enjoyable for
kids. More than ten years ago, selling lemonades, cutting lawns,
delivering newspapers, selling cookies and other forms of enterprises
keep teenage entrepreneurs busy. As the years pass by, young
entrepreneurs evolved and some graduated from the traditional businesses
of selling cookies and cutting lawns to become full fledge business
people. As these enterprising kids grow up, most of these enterprising
kids continued their business and become successful at it.

One of the best examples of a teenage business that grows into an adult
business is that little girl who used to sell cookies around the
neighborhood and grew up to be the proud owner of two successful
bakeshops across town. From earning a few coins selling cookies each
summer around the neighborhood, that little girl turned her business
into something that brings about thousands of dollars in profit every
year. The secret of her success is that at an early age, she was already
exposed to the nitty-gritty of finding good suppliers of ingredients
for her small business and had established a good relationship with
these suppliers. Furthermore, when she was still a teenager and do not
have any pressing needs to earn a living on her own, she had all the
time to experiment in baking different types of cookies and pastries
that she was able to come up with some really good recipes.

Advantages of Starting Young

There are many advantages of getting into business at a very young age.
Teenage entrepreneurs learn their trade early and had more time to hone
their business skills. After years of engaging in their teenage
businesses, these young people develop a system of their own when it
comes to handling their business affairs. These systems will then play a
vital role when the teenager later on decide to pursue his or her
teenage business and turn it into a full fledge adult business.
According to studies, most young entrepreneurs used the skills that they
learned early on to expand their business when they get older. As
parents we need to encourage our kids when they display an entrepreneur
sprit. Not that all kids will grow up to be in business but it ingrains
in them an understanding of self-reliants.

Another advantage of starting a business at an early age is that teenage
entrepreneurs gain loyal customers over the years. It is not uncommon
for people around the neighborhood to feel an affinity for the young
entrepreneur thus they will not really think twice when it comes to
supporting the younger entrepreneur. Since teenage entrepreneurs have
already established rapport and good relationships with their clients,
keeping these clients will not really be hard for them. In fact, some
loyal clients will prove to be very useful when it comes to advertising
the business expansion of the young entrepreneur. Note that a good word
from a very satisfied customer will always bring in more business. Now
with the Internet young entrepreneurs literally have access to the
world. Social networking sites such as My Space and Face Book are good
training grounds to become a savvy online entrepreneur.

Your teenagers are great resources for your home business. They know
what’s “HOT Now” and most of them have had computer training in school
so as to help you with your online business.

Make that home business a family effort. Enjoy your business and your family at the same time.

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