The Buildapreneur video titled “Teaching Entrepreneurship to Kids Through Side Hustles” offers valuable ideas for parents looking to teach their children about entrepreneurship. The presenter, who is a parent themselves, shares a list of side hustles that can be done with kids. These include operating vending machines, engaging in print-on-demand activities, buying and selling items on Facebook Marketplace, offering local rentals, providing one-to-many babysitting or sports camps, and turning local to-do tasks into a legitimate business. The video also mentions other similar videos available on the channel, such as affiliate marketing and high ticket affiliate programs. While the content creator uses affiliate links, they emphasize that they will only promote products they believe in. Overall, the video aims to inspire and educate parents on how to empower their children through entrepreneurial activities.
Side Hustles for Kids
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Operating Vending Machines
Operating vending machines can be a great side hustle for kids. There are two options to consider: finding a cheap vending machine location or purchasing an established vending machine.
Finding a Cheap Vending Machine Location
One option is to search for a cheap vending machine and then find a location to place it. Facebook Marketplace is a good place to look for cheap vending machines. Some people are just trying to get rid of vending machines that are taking up space in their garages and are selling them for a low price. You can find vending machines for as low as $100. Once you have a vending machine, you can look for places to put it. Office buildings, parks, and even neighbors who are willing to let neighborhood kids buy items from their vending machine can be potential locations.
Purchasing an Established Vending Machine
Another option is to buy an established vending machine that is already in a profitable location. Some vending machine owners might be looking to sell their machines because they are tired of refilling them every month. By purchasing an established vending machine, you can skip the process of finding a location and start making money right away.
Print on Demand
Print on demand is another side hustle that kids can try. It involves creating and selling various items like puzzles, coloring books, and stickers.
Creating and Selling Items
The first step in print on demand is to come up with creative designs for the items you want to sell. This can be a fun activity for kids to unleash their creativity. Once the designs are ready, you can use AI image generators to make the printing process easier. Websites like Printful and Printify can print the items in a matter of days. You can then sell your products on platforms like Amazon or Etsy. When someone purchases an item, the printing company will print it and ship it to the buyer. Print on demand is a low-cost option that allows kids to turn their creativity into a profitable venture.
Websites for Print on Demand
Printful and Printify are two popular websites for print on demand. These platforms make it easy to upload designs and handle the printing and shipping process. They offer a wide range of products to choose from, including t-shirts, puzzles, mugs, sweatshirts, and hats. Kids can explore different products and see which ones resonate with their interests and target market.
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Buying and Selling
Buying and selling items on Facebook Marketplace can be a profitable side hustle for kids. It allows them to learn about creating value, repairing items, and making a profit.
Using Facebook Marketplace
Facebook Marketplace is a bustling online marketplace where people buy and sell various items. Kids can join in by searching for items that are being sold at a lower price and then reselling them at a higher price. It’s essential to teach kids about the importance of creating value and finding items that others might find valuable. They can learn negotiation skills and understand market dynamics by engaging in buying and selling transactions.
Exploring Market Opportunities
While Facebook Marketplace is a popular platform, it’s important to teach kids to explore other market opportunities as well. They can research niche markets and find unique items that have a high demand. By focusing on specific niches, they can become experts in those areas and attract customers who are looking for specialized items. Encourage kids to think creatively and identify market gaps that they can fill with their buying and selling side hustle.
Local Rentals
Renting out items locally can be a lucrative side hustle for kids. They can explore options like renting camping equipment or bounce houses.
Renting Camping Equipment
Many families go camping during the summer months but don’t always have their own equipment. Kids can take advantage of this by offering camping equipment rentals. They can start by purchasing camping essentials like tents, sleeping bags, and cooking gear. Then, they can advertise their rental service to local families and campgrounds. By providing a convenient and affordable option for camping, kids can earn money while helping others enjoy outdoor adventures.
Renting Bounce Houses
Bounce houses are a popular attraction at parties and events. Kids can invest in a bounce house and offer rental services to families and organizations in their community. They can set up the bounce house at events and collect a fee for its use. This side hustle requires responsible handling and maintenance of the equipment, but it can be a fun and profitable venture for kids.
One-to-Many Babysitting
One-to-many babysitting involves offering babysitting services to multiple families simultaneously. Kids can also organize sports camps to make use of their skills and interests.
Offering Babysitting Services to Multiple Clients
Instead of babysitting for just one family, kids can offer their services to multiple families at the same time. They can organize a babysitting “club” where parents drop off their kids for a set period of time. The kids can engage in various activities under adult supervision. This allows parents to have some free time while their children are being taken care of. Kids can set up guidelines, establish fees, and advertise their services to attract interested families.
Organizing Sports Camps
If a child has expertise in a particular sport, they can organize sports camps for other children in the community. They can teach basic skills, organize friendly competitions, and create a fun and engaging experience for the participants. Sports camps can be organized during school breaks or weekends. Kids can charge a fee for their coaching services and earn money while sharing their passion for sports.
Local To-Do Tasks
Helping neighbors with their to-do lists can be turned into a legitimate business for kids. They can offer services like lawn care, pet sitting, or house cleaning.
Helping Neighbors with To-Do Lists
Many people have busy lives and struggle to complete all the tasks on their to-do lists. Kids can offer their services to help neighbors with tasks like lawn care, gardening, pet sitting, or grocery shopping. They can create a list of services they are comfortable providing and set reasonable prices. By offering reliable and efficient assistance, they can build a loyal customer base and establish a successful business.
Turning To-Do Tasks into a Business
Kids can take their to-do tasks side hustle a step further by turning it into a full-fledged business. They can create flyers or brochures to advertise their services and expand their customer base beyond their immediate neighborhood. By offering quality services, being punctual, and maintaining strong customer relationships, kids can build a reputation and gain referrals for their business.
Additional Side Hustle Ideas
Apart from the side hustles mentioned above, there are other options that kids can explore:
Affiliate Marketing
Affiliate marketing involves promoting and selling products or services on behalf of a company. Kids can join affiliate programs and earn a commission for every sale they generate through their marketing efforts. This side hustle can be done through social media, blogs, or websites.
High Ticket Affiliate Programs
High ticket affiliate programs are affiliate programs that offer high commissions for selling expensive products or services. Kids can research and join such programs to earn substantial commissions for every successful sale they make. This side hustle requires learning effective marketing strategies and targeting the right audience.
Conclusion
Encouraging entrepreneurship in kids can be a rewarding and educational experience. Side hustles provide an opportunity for kids to learn about money management, creativity, and responsibility. Operating vending machines, engaging in print on demand, buying and selling items, offering local rentals, providing one-to-many babysitting services, and assisting with local to-do tasks are all viable options for kids to explore. By supporting their entrepreneurial aspirations, parents can nurture their children’s skills, promote financial literacy, and instill a sense of creativity and independence.
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