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Hooking a Winning Money-Making Enterprise for Kids

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If you're a serious fisherman and you are "dinkum" about landing that big one, then it is paramount you do a little preparation. Fish can be fussy and unless you have the right bait, set your lines at the right time of day, ensure the tide is right, fish at the right spot and use the appropriate hook, then you will probably be lucky to even catch a blowie (little Aussie nuisance puffer fish!)

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									If you're a serious fisherman and you are "dinkum" about landing that big one, then it is paramount you
do a little preparation. Fish can be fussy and unless you have the right bait, set your lines at the right
time of day, ensure the tide is right, fish at the right spot and use the appropriate hook, then you will
probably be lucky to even catch a blowie (little Aussie nuisance puffer fish!).



Finding an idea for enterprise for kids can end up with much the same result if your enterprising kids
don't put some serious innovative thought into the process! In order to "hook" a real money making
winner, your entrepreneurial kids have need of some serious thinking time!



So where should they start?



Firstly they need to look at themselves and consider what they enjoy doing and what they are good at.
Everyone is good at something.

Sport, music, gardening, collecting things, drawing, talking... do any of these particular skills strike a
chord with your child?



Encourage your kids to think of their skill or skills, then look at their local community and identify a
problem or need there. If it happens that your child has that specific skill AND it can solve a problem or
fulfil a need, then they may be onto a winner!



For example an enterprising kid with an aptitude for maths would make an exceptional tutor for a
younger child. Or being skilled in a particular sport would mean that there would be parents out there
willing to hire them to coach their own children. This could apply to dancing, playing a musical
instrument or even computing.



I grew up with a passion for gardening. I know how to prune, how to recognize and get rid of weeds and
how to revitalize lawns. My general knowledge around plants is very good. People would happily employ
someone like me to care for their gardens each week.



The benefit of devising an enterprise for kids based around their interest and skill set is that the
enterprise that they run will be fun and their passion and confidence will be apparent as they run their
money making business.
Maybe your kids don't think that they have any particular skill? Well never fear, there are plenty of
other ways to find a great business endeavor. Try asking people what annoys them about their everyday
living and what problems they may have. Ask them what it would take to sort the particular problem
out.



People have all sorts of problems which generally revolve around not having time to do it themselves.
So your kids can save these people time by helping them with their problem. Here are a few ideas......
sweeping car ports, taking the bins out each week, walking the kids' home from school, being a
playmate for toddlers, window cleaning, watering pot plants, exercising the dog, pumping bike tires and
oiling chains... get the idea?



A final suggestion to helping you come up with an excellent enterprise for kids, would be having them
specialize in an area and become the expert. Make it a project for your child to find out all they can
about something and then be the best at it. This way they become invaluable and people will pay a
premium to use their services. Take my gardening knowledge as an example. I learnt a specialized skill of
grafting fruit trees. This is a process of taking a stem from a quality fruit tree and joining it to the root
system of a similar tree that has great roots, but poor fruit. Therefore the resulting tree ends up with a
vigorous root system and abundant tasty fruit. Orchard farmers will pay top dollar for an experienced
fruit tree grafter.



Here's a bizarre example for you! Chicken farmers pay a handsome price for an expert to determine the
sex of day old chicks. The job involves making sure the egg producers don't have any baby roosters in
their chicken enterprise, as they don't end up laying eggs and are not wanted by the farmer. It becomes
a very costly exercise for the farmer if he or she were to raise roosters instead of hens.



Apparently it takes a lot of skill to be good at this particular job and the best at it get paid very well. I'm
not suggesting that your enterprising kids go study chicken sexing, but it is food for thought (excuse the
pun)!



What about sharing some of these ideas with your kids?... making artistic birthday cakes, pet
shampooing, fixing leaking toilet cisterns and taps, or paint artistic house numbers onto people's houses
or roadside curbs.
Coming up with innovative enterprise for kids is not all that hard with a little forethought and some
imagination. Who knows? Your child may "hook" that whopper and build a million dollar business
around it!

								
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