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Homeschooling Entrepreneur Mom – Kid Entrepreneurship, Work From Home, Homeschool Basics, Making Money FUN
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205: Educational Summer Activity Series: Part 4: Build a Business in 10 Days, Day 6-10
Manage episode 371887146 series 2945355
Kid Entrepreneur Project that allows their imagination to go beyond!
(Day 1-2) Brainstorm Ideas for a Problem they can Solve
(Day 3-5) Do Market Research
(Day 6-7) Create a Business
Name (Come up with a Few & Have the family Vote!)
What does their business do & what problem will it solve?
List of Products (Keep it Simple: 1-3)
Would their business be brick & mortar or online?
Who is their target market? (ages, boys, girls, gamers, athletes, etc)
(Day 8-9) Let's Talk Money
Cost to Start?
Cost of Products?
How many product/ services do you need to sell to profit?
How long would that take?
How & Where will you sell it?
(Day 10) Can they start this now?
Is this a business they can start now?
YES: put it into motion with real dates & goals
NO: What would be a better timeframe?
What do they need to do to start it up?
Funding
More research
Developing the product
-Kawai
Let's be Friends! -> https://www.instagram.com/kawai_ahquin
Website -> http://www.homeschoolingentrepreneurmom.com
252 jaksoa
Manage episode 371887146 series 2945355
Kid Entrepreneur Project that allows their imagination to go beyond!
(Day 1-2) Brainstorm Ideas for a Problem they can Solve
(Day 3-5) Do Market Research
(Day 6-7) Create a Business
Name (Come up with a Few & Have the family Vote!)
What does their business do & what problem will it solve?
List of Products (Keep it Simple: 1-3)
Would their business be brick & mortar or online?
Who is their target market? (ages, boys, girls, gamers, athletes, etc)
(Day 8-9) Let's Talk Money
Cost to Start?
Cost of Products?
How many product/ services do you need to sell to profit?
How long would that take?
How & Where will you sell it?
(Day 10) Can they start this now?
Is this a business they can start now?
YES: put it into motion with real dates & goals
NO: What would be a better timeframe?
What do they need to do to start it up?
Funding
More research
Developing the product
-Kawai
Let's be Friends! -> https://www.instagram.com/kawai_ahquin
Website -> http://www.homeschoolingentrepreneurmom.com
252 jaksoa
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