102 Business Ideas for Kids | Simple Startup with Arianna and Sheila
ChooseFI | Financial Independence Podcast
Jonathan Mendonsa & Brad Barrett | Choose FI Media, Inc
4.8 • 5.2K Ratings
🗓️ 29 March 2021
⏱️ 46 minutes
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| 0:00.0 | Do you have a buddy and entrepreneur at home help your young business owner bring their ideas to life learn the value of money and gain future proof skills today we are going to be talking about 102 business ideas for kids that you can start today and we're going to be doing that with the founder of the simple startup Rob feeling welcome to the ultimate crowdsource personal financial this is to say your listening to choose a radio. |
| 0:23.5 | The blueprint for financial independence lives here. |
| 0:36.5 | If you're looking to unlock the secrets to financial independence and early retirement you're in the right place stay tuned and join a community of like my |
| 0:45.7 | people are getting all things and taking control of their lives in the pursuit of financial independence choose FI your home for financial independence on live. |
| 0:56.7 | All right guys very excited about the stuff so we're bringing Rob feeling back on the show Rob about a year ago Rob was able to launch his workbook series the simple startup and was able to build around that a live kind of coaching series it was a six to 10 week coaching series where he'd be working with kids from the ages of 10 to 18 to help |
| 1:26.7 | them develop their first business idea over that period of time will get updates hundreds of kids from almost every state in this country have now attended I think it's on it's either becoming international now already has but it is literally it's it's amazing what he's actually put together and there's some lessons learned from that which we're going to highlight for you and maybe for your child on today's |
| 1:47.7 | episode very excited share this with you and to help me with this I have my co-spread here today how you don't buddy hey Jonathan I am doing quite well yeah this always happy to have Rob on the show first off and it's great to have him back and we've talked a lot about the simple start up and really how I've used it with my own kids which has been a lot of fun it's given us a language to talk about business to talk about entrepreneurship I mean quite literally yesterday I had a conversation with my nine year old daughter |
| 2:17.6 | Molly and it Jonathan you'd love it it and actually wound up talking about almost like affiliate marketing and Molly actually understood like the concept of the hardest part about businesses getting customers and what if you could make a relationship and find somebody that can send customers your way right what would you do like she she had this business called the gardening |
| 2:39.6 | and I was saying to her hey Molly what would it look like if instead of you having to put up signs or you standing on our front lawn and yelling and screaming at every car that came by hey what would it look like if I talked about the gardening |
| 2:53.6 | gals on choose fi or you know obviously that's it's a good talking about it right now so apparently the conversation was successful the conversation went very well for Molly yes but but no a local business right like what if I talked about it and send to |
| 3:06.6 | customer your way how cool with that so anyway long story short this really has given me this language to talk about business and I absolutely love it and Rob I owe you a lot of thanks so as always welcome back to choose the |
| 3:18.1 | vi we're happy to have you here hey guys thank you so much for having me back and yeah it's been so fun to hear about the awesome idea that your kids are coming up with I mean you had the Lego company that was selling |
| 3:28.8 | stuff on eBay do they do some other collectibles as well and then this this gardening gals business which was kind of like landscaping slash |
| 3:37.4 | whatever mowing grass or was always just kind of like we're going to do these sort of like fairy rock gardens like very niche I like yeah very very |
| 3:44.2 | niche and yeah now Molly and her friends Sophie are making they're making homemade slime a kid you not they're making homemade slime so they went to target |
| 3:55.1 | yesterday and bought the ingredients and when I sat down Molly was trying to teach me today how to make slime and it's actually a lot easier than I would have |
| 4:02.7 | anticipated she was telling me how much each individual component of the slime cost and then how many different you know I guess bags of slime she can make with this |
| 4:13.9 | amount of glue and this amount of activator it was just it was so cool Rob to see her really think about it in terms of a business even though she's |
| 4:21.7 | talking at the heart of it of making slime right like that's the funny part here but but she's thinking about it as a business woman I mean that's that is |
| 4:29.9 | remarkable and even if she's just seeing the world as okay how much do these things cost like what were the individual pieces that made this |
| 4:36.4 | fun project happened like it's such like there's so many personal finance skills that are popping out there even if like she doesn't |
| 4:42.2 | end up doing anything entrepreneurship she's learning to problem solve she's learning to break down the cost of items think |
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