205: Educational Summer Activity Series: Part 4: Build a Business in 10 Days, Day 6-10
Dreams, Dirt & Grace- Business, Homeschooling, Simple Living & Parenting Hacks for Moms · Kawai Ah Quin | Homeschool Coach & Kid Entrepreneurship Mentor
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Show Notes
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
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Name (Come up with a Few & Have the family Vote!)
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What does their business do & what problem will it solve?
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List of Products (Keep it Simple: 1-3)
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Would their business be brick & mortar or online?
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Who is their target market? (ages, boys, girls, gamers, athletes, etc)
(Day 8-9) Let's Talk Money
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Cost to Start?
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Cost of Products?
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How many product/ services do you need to sell to profit?
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How long would that take?
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How & Where will you sell it?
(Day 10) Can they start this now?
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Is this a business they can start now?
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YES: put it into motion with real dates & goals
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NO: What would be a better timeframe?
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What do they need to do to start it up?
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Funding
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More research
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Developing the product
-Kawai
Let's be Friends! -> https://www.instagram.com/kawai_ahquin
Website -> http://www.homeschoolingentrepreneurmom.com