205: Educational Summer Activity Series: Part 4: Build a Business in 10 Days, Day 6-10

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