Ever Thought About Starting a Business with your Kid

Guest Post By Sam Shazzam

sam shazzam

Have you ever thought about starting up a business in partnerships with your kids?  I have.  I actually spend a bit of time imaging what that could look like.  The thing about kids is they have so many creative, great ideas.  The challenge as a parent is the ideas often seem like too much work or not really possible.

This doesn’t just happen at home it also happens at school. I remember when I was a child, no one at school ever said to me, “You’re an ideas person.  Maybe one day your will run your own business”.  Instead, I was asked what I was good at, and interested in, and told to do that.  I often joke that if I followed the path my career guidance counsellor set out for me in grade 10, I would be a hairdresser.  Of course, there is nothing wrong with being a hairdresser, but as I look back over my journey, I can see now, that hairdressing wouldn’t be a career choice to make me happy over the long term.

As a mum and business owner I am keen to let my kids play with the idea of business.  There is so much it can teach them from a young age.  One of the key characteristics I identify in individuals who are successful in life — and by that I don’t mean have lots of money and celebrity status but people who have a good life — is initiative.

Sometimes I look around and wonder where has all the initiative gone.  It is like we are all sitting around waiting for someone else to make it happen because we were never told we were the ones who were responsible for making it happen so obviously somebody else was.

Kids can teach us heaps about initiative because they have oodles of it.  This is so precious and valuable in life we need to protect and nurture it.  One way we can do this is by saying yes to their crazy ideas, supporting them to make it happen and standing back to see how it plays out.  Kids are capable of way more than we give them credit for.

The beauty of business is it teaches them a whole range of skills: financial, people, project management, planning, problem solving and the list can go on.

So what kind of business can I do with my child I hear you say?  To begin with just listen to them kids are always super keen to make some money and propose ideas to you.

When I was a child my parents were always happy for us to work on our little projects.  I remember being about  5 years old and walking through a caravan park with my sister selling shells we had painted with nail polish; we did so many car washes out the front of our house with big signs; I remember going to the airport and collecting trolleys for hours with my brother and sister because every trolley returned meant 20 cents; we collected cans; tried to sell green mangoes we picked off a tree; and went to the shop to get a few groceries for elderly people for a $1 tip.

Some of the ideas I have in mind for me and my daughters include going to our local markets to sell some bits and pieces we have made together or running a local hula hoop space at markets where other youngsters can join in for a gold coin donation.  I have no doubt, given a few years, I will be bombarded with my children’s own ideas and I am excited about saying, “YES! YES! YES! Let’s do it!”

One of the amazing opportunities I am aware of for youngsters to try out their business skills is Bambina Bazaar – Business school for Junior Creative Entrepreneurs.  You can check out a bit more about them here http://www.facebook.com/BambinoBazaar

Kids are awesome and they have some really great ideas. As a parent, one of the best things we can do is listen to them and say YES sometimes, even if it seems crazy.  Who knows you might even surprise yourself and be filled with a whole heap of your own ideas.  And always remember to have fun because hey who doesn’t want to Be A Fun Mum!

About Sam

sam school mum

My name is Sam Shazzam and I LOVE business and particularly the idea of doing business with my kids.  You can check out more about me and what I get up to at Sam Shazzam, ALDI MumSchool Mum.

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Comments

  1. says

    Love the message behind this Sam. It really makes me think. It’s interesting, I was always very good at Maths at school, and I always thought I would be an Accountant or something like that. But I too (looking back), realise, I guess like you and hairdressing, that accountancy is not something I’m passionate about. I didn’t even like Maths that much. I’ve discovered that creativity, particularly the creative process, is what gets my heart pumping. This comes in many forms, even in writing and putting a post together. If I could go back, I would tell myself to explore more creative subjects, to do more things, to try more things, to see what sets my heart a light; to see the something I want to do every day. And so with that in mind, there’s an important message here about our own kids, and allowing them to find out, not only what they are good at, but what they are passionate about

  2. Tierney Kennedy says

    Hi Sam, this is an interesting idea. As a child I made and sold friendship bands at school. I now run a business (I write and sell maths books), but the business side of things does my head in! I love the writing and professional development, but invoicing, BAS and marketing nearly kill me. I think I won’t be encouraging my boys to run a business anytime soon, but will think about encouraging them to consider ways of earning money from similar activities. Thanks for your post. It has made me think.

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