Posted on July 14, 2024

In today’s digital age, entrepreneurship is no longer confined to adults. Children and teenagers are now stepping into the world of business, creating innovative solutions, and learning valuable life skills along the way. Here are some insights and resources to help young entrepreneurs on their journey.

Insights from Successful Young Entrepreneurs

The Billingsleas brothers, all under the age of 13, started a cookie company called Yummy Brothers1. They attribute their success to the acronym CASH, which stands for knowledge, attitude, skill, and habits1. These young entrepreneurs are a testament to the fact that age is not a barrier to starting a business.

Free Courses for Young Entrepreneurs

There are several free online courses available that provide a comprehensive introduction to entrepreneurship for children:

1. KidEntrepreneurship.com offers free entrepreneurship education for K-12 schools and families2. The program includes lessons on budgeting, pricing a product or service, analyzing costs, and maximizing profits2.
2. Kidpreneurs Academy on Udemy is an online “kid-preneurship” program built upon real-world concepts that schools don’t teach3. The course covers understanding the concepts of entrepreneurship, brainstorming business ideas, creating a simple business plan, and launching a small business3.
3. BizWorld.org provides hands-on, project-based entrepreneurship programs that promote financial management, leadership, and teamwork2.
4. We Can Work It Out Inc. offers a youth entrepreneurship program with free online business courses for kids aged 12-164.

Videos for Young Entrepreneurs

Videos can be a great way to learn and get inspired. Here are a few recommended videos for young entrepreneurs:

1. Young Entrepreneurs Share Their Success Story is a motivational video featuring the Billingsleas brothers who run a successful cookie company1.
2. What is an Entrepreneur? For Kids! is a video that explains what an entrepreneur is, covering the definition, the origin, the profit, the problem-solving, and the passion aspects of entrepreneurship5.
3. How to be an Entrepreneur is a video that explains that the key to becoming an entrepreneur is to find an accurate insight into the causes of human unhappiness and to offer solutions that can fix them6.

Remember, the journey of entrepreneurship is a learning process. It’s about taking risks, learning from failures, and persisting through challenges. With the right resources and guidance, young entrepreneurs can turn their ideas into successful businesses.