realize that there are start-up costs and
risks to take. Fortunately, and probably
because she and her friend were so adorable, many people did stop and purchase
from her and she recouped her investment and then some.
My son, wanting to earn money but
wanting to do something more manly
than sell lemonade, decided to sell fire-
wood. Great idea, right? Not so great if
it is in the summer, in Florida, and it’s
raining. Two people actually stopped
and bought firewood from him. We dis-
cussed both ideas of smart marketing
and pity purchases. Every event can be
a learning event whether it is financially
rewarding or not. One of our sons was
buying and selling bikes, trailers, mo-
torcycles and even cars before he had his
license. Since he was under age I would
have to purchase spray paint for him in
order for him to fix up his investments.
He did quite well. Another son turned
his love of LEGOs® into a business by
designing and printing costumes for
LEGOs® that were made out of adhesive
labels. One year our two oldest daugh-
ters wanted to sell items to FSU fans
heading to the games. That business
developed into a line of products that
ended up in ten retail stores. My young-
est son recently had a lesson in replac-
ing screens on iPhones so that he will
be able to offer that service to others.
My husband, in a desire to prepare our
sons to be able to make money during
their school years, started a lawn busi-
ness. Training the boys to find the cus-
tomers, perform the service well (always
going above and beyond), and working
hard has prepared them for the business
world. Even if you dabble in businesses
that never make a profit, the experience
gained is often invaluable.
Raising children to have an entrepre-
neurial mindset is easier than one might
think. Be intentional. Evaluate the busi-
nesses you patronize. Study the history of
famous entrepreneurs. Read biographies
of great inventors and businessmen and
women. Have a notebook available to
record a list of problems that need to be
solved! Start a home business! 1 Necessity
is the mother of invention and there are
more than a few problems in our world
that need fixing! Get started!
Pat and her husband Don are parents of
nine children and grandparents of ten.
They have been homeschooling their children since 1985. Pat is an author, speaker,
and radio show host on The Ultimate Radio Network website. Pat’s passion for organizing co-ops has led to the publication
of unit studies and co-op guides. She enjoys helping to homeschool her grandchildren when the opportunities arise and she
now works with Bryan College admissions
department as their homeschool specialist.
1. We have a book that is available in print as well
as an e-book entitled, Plant a Seed, Grow an Entrepreneur. It is easily adapted to a group study.
As you see new products on the market that solve old problems,
point them out to your children.