Featured Kid Entrepreneurs

Math is very important.  It is used in MANY aspects of life.  Math is used when using a recipe.  Math is used when making a dress.  Math is used when measuring the wood to cut for making a bookcase.  Math is used when taking someone’s blood pressure. Math is used when making a purchase.  Show your kids that math is used in many aspects of their lives.

Show Your Child Math is Used in Entrepreneurship

A way to show your child that math is used in “real” life is to have them to become an entrepreneur. 

  1. If the child is making something, he would need to figure out the cost to make the item.  Then he needs to determine how much to price the item at to ensure that he is making a PROFIT.
  2. It should be pointed out to the child that he needs to figure out how much time it takes him to make the item.  He doesn’t want to be earning a very small amount per hour.
  3. The child needs to consider other things such as marketing, some of which may or may not cost money.

Inspire Your Child With an Interview from a Kid Entrepreneur

I want to introduce you to the first kid entrepreneur to be featured on my blog. Her name is Nina.   She participated in a Children’s Business Fair earlier this year, and she is continuing to be an entrepreneur along with her siblings!

kid entrepreneur math

Thank you so much Nina for answering my questions about your business!

Interview with a Kid Entrepreneur

So here’s what Nina had to say about the business she started:

1. What is the name of your business, and what do you sell?
The name of my business is Sweet Shop, and I sell bath bombs that are scented like sweets.
2. What do you like about entrepreneurship?
One of the many things I like about entrepreneurship is that if I make money or not, I’m the one making the decisions and I can control where I am going.
3. What tips can you give other kids who want to start a business?
The one tip I would give is not to procrastinate. If you do, then you put off work, then making you most likely have to finish everything in one day, and you make everything not done with care.
4. If people are interested in your product, how can they purchase it?

Well, if people are interested in my bath bombs, they can email my mother at rojonesdesigns@gmail.com.

Brother and Sister Kid Entrepreneurs

The newest Kid Entrepreneurs to be featured are brother and sister Aidan and Astrid Tauber.  Please share these interviews with your kids, as these siblings share some awesome information that your kids may want to keep in mind.  Aidan talks about taking a class to learn about WordPress to aid him in building his website and his sister’s website. He also talks about starting slow, looking at his sales volume, and making a catalog. Astrid talks about having a vision board, financial goals, becoming more efficient, and having a business around something you are passionate about. Please share these interviews with any aspiring kid entrepreneurs you know!

kid entrepreneur photographer

Interview of Aidan Tauber, a Photographer

1. What is the name of your business, and what do you sell?
My business is called Bobverse Photography and I sell prints of images I have taken all over the country. I love to shoot everywhere from national parks to my own backyard.  We have some international travel coming up in the next few months and I can’t wait to have new  places to explore with my cameras.

2. What do you like about entrepreneurship?
I like being able to create something that other people like and something that people take home to enjoy.  Being an entrepreneur also lets me give back.  I donate $1 from all of my sales to Yellowstone Forever.  That is my favorite national park and I like being able to help them even if it is just a small amount.
I also like the freedom of being an entrepreneur.  I can set goals and work towards them.  I have some income to buy new lenses, a new camera bag, accessories or other things to help grow my craft.

3. What tips can you give other kids who want to start a business?
I would suggest starting small and wait to grow until you really feel ready.  I started off by choosing only 12 prints that were my favorite to take to my first show.  That way I did not have to spend a lot on 5×7 prints and mattes until I knew what to expect on sales volume.  What I did instead was make a catalog of my other favorite prints so that people could still see them and order them from me.  I did not have to matte them since they were in a catalog and I printed them in 4×6 size since that was less expensive.  It let me do my first show without having to spend a lot of money.
I would also suggest kidpreneurs learn about social media and web design so they can promote their businesses.  I took a class on WordPress and built my website and one for my sister’s business too.  This way I can reach more people.
Kids should also realize who their audience is.  I read your post and it talks about kidpreneurs using math in real life situations.  So I will tell you that I use math all the time when I am shooting.  I use a DSLR and manual settings and have to calculate everything for lighting, timing, and focus.  I am also always budgeting my money and figuring out costs.  For example, when I set my prices I need to know how much it cost me to print the photo, ship it, and package it to look professional.  Once I know that I can set my cost to a customer.

4. If people are interested in your product, how can they purchase it?
I sell prints in my online store and will also sell any of my images from Facebook or Instagram.  This is the link to my online store – https://bobverse.com/store/.  And I would love it if you would follow me on Instagram (@Bobversephotography) and Facebook (facebook.com/bobversephotography)

kid entrepreneur crochets

Interview with Astrid Tauber, who Crochets

The next interview is of Astrid Tauber, who owns a crochet business.

1. What is the name of your business, and what do you sell?
My business is called Crochet by A and I sell handmade crocheted items and written crochet patterns/tutorials.

2. What do you like about entrepreneurship?
I love that I get to do what I love!  I started crocheting when I was 7 years old and I fell in love with it.  I get to talk to people everyday about my favorite thing on earth.  That is the best job ever!  I am not going to lie – I also like making money!  I am a saver and I driven to meet my financial goals.  Every once in a while I will spend some of my earnings, but it has to be super important.  In April of this year, I bought a used spinning wheel.

3. What tips can you give other kids who want to start a business?
I would suggest people follow something they are passionate about and success will follow with hard work.  I think you can tell when you talk to people if they are doing something just to do it instead of doing something they absolutely love.  You should wake up everyday feeling excited about the day ahead of you.

I think another big part of my success is from vision boarding.  I use my vision board to set goals and help me focus.  Some of the goals are shorter – maybe something I will do this month – and other goals are things I might do a few years from now.  When I achieve a goal I put it in my accomplishments folder and do a little happy dance! I spend time thinking about my goals and planning how to achieve them.  Sometimes I need to do many steps to reach my goal and sometimes I need to learn a new skill.

The other things I would suggest is to be flexible when you first start a business.  You have to see what sells and what prices work with customers.  But once you find your rhythm, it is important to shift from being reactive to proactive.  Right now I am planning my 2020 year on a big white board in my room.  I am figuring out what fiber festivals I want to go to, contests I want to enter, topics for my blog, items for my 3x a year buy-in orders, and so much more.  I will still have to be flexible to keep my customers happy, but having a road map will help me manage my time and meet my goals.

One of the things I am focusing on for 2020 is how to be more efficient.  I started with just crocheting and selling my finished items.  I love crocheting and don’t want to give it up.  But, I can only ever make so many things.  I am not a machine and I only have so many hours to make items.  I was inspired by my brother.  He takes photos and sells them.  He takes a photo one time and might sell 50 copies.  So he makes money again and again on the same amount of work.  I am trying to do something similar.  I wrote my first crochet pattern and listed it on Ravelry.com.  It sells for $5.  I set a goal to try and sell 1 per week.  That would mean I would make $260 every year on something I did one time.  I am looking for other ways to be more efficient like that.

Kid entrepreneurs also have to learn new things all the time.  I learn new skills in fiber crafting.  For example, this year I learned to spin yearn and dye fiber.  I am also taking a class this month on wool painting.  Sharing everything I learn on social media helps keep my followers interested.  I also have to learn new things about running a business.  I have had a Facebook account for a few years and learned what kind of posts get the most interaction.  Now I am new to Instagram and blogging, so I am doing a lot of work to figure out how to be successful with those.

I also think it is important for kid entrepreneurs to use their success to help other people.  I co-run a group at the YMCA called Y Knots.  It is a knitting and crocheting group and we use yarn to help make people’s lives a little bit better in our community. Last year we made lap blankets for Rex Cancer Center, hats and scarves for a soup kitchen in downtown Raleigh, and blankets for Project Linus.  Right now we are working on making items to sell at a Christmas market at the Kerr YMCA.  All the money we make will go to buy books for Christmas presents for kids in Raleigh whose parents might have a hard time buying them Christmas presents.

4. If people are interested in your product, how can they purchase it?
I have a website, but I have not made an online store yet.  I am preparing an appeal for Etsy to see if I can open an Etsy shop.  I do not meet the minimum age requirement, but I am preparing a portfolio with samples and letters of recommendation to see if they will make an exception.  If they do, I will use the Etsy shop plug-in on my website.  If they do not, I will build a separate online store.  In the meantime, I sell at lots of events and have Facebook albums that people regularly buy from.  The links to the albums are on my website – https://crochetbya.com/store/

A big thank you to the Taubers for telling us about their businesses!

Submit Your Kid Entrepreneur To Be Featured

If you are interested in possibly having your kid entrepreneur featured on my blog, here are the steps to making a submission:

  1. Subscribe to my newsletter (blog) if you aren’t already. You can sign up using the form at the bottom.
  2. Fill out the kid-entrepreneur-release-form found HERE.  Then just take a picture of the filled out release form and email it back to me at mathletics101@gmail.com.
  3. Have your kid entrepreneur answer the following questions. The questions and answers should be emailed back to me at mathletics101@gmail.com WITH the RELEASE FORM. In the email, please put as your subject KID ENTREPRENEUR SUBMISSION.
1. What is the name of your business, and what do you sell?
2. What do you like about entrepreneurship?
3. What tips can you give other kids who want to start a business?
4. If people are interested in your product, how can they purchase it?
Please know that every child submitted will not be featured, but I’m hoping to feature many kids.
Get some exposure for your kid entrepreneur!

 

 

 

 

 

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