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Helping Your Kids Start, Overcome & Succeed in their Kid Business

We know some kids are all-in to try new things. But this article will help parents of kids who are also a bit more timid. Here are some situations you may experience guiding your child and how to reframe it.

Overcoming Failure & Staying Positive: Encourage a positive mindset by embracing failures as opportunities to learn and grow. Share stories of successful entrepreneurs who faced setbacks but persevered. Here's a great article called, "16 Kid Entrepreneurs & Their Greatest Challenges" to help inspire your kiddos.

What it sounds like: "You know what? Failure is just a stepping stone to success. Everyone makes mistakes, and that's okay! It's how we learn and get better at what we do."

Keeping them motivated:

No doubt your 8-12 year old will stray from their business at some point. The skills kids develop in entrepreneurship have such an important purpose. To keep them coming back to their business encourage kids with positive reinforcement and tell them how these skills will help them in their future.

What it sounds like: "Every step you take in this project is a step toward success. Keep going!" or "You're doing an amazing job. I believe in your abilities to make this project fantastic." "Think of all the things you have already accomplished in your business. Imagine what you future business will be like!"

--> Give this idea more of a nudge: Reply to requests for spending money as something they can earn or at least you will match.

Being stressed or overwhelmed: The big picture can be overwhelming. We recommend setting achievable goals. Breaking down the project into smaller tasks can make the workload more manageable.

What this sounds like: "Let's break down the project into smaller tasks. Achieving each one will bring you closer to finishing." or "Think about what you want to accomplish today. Small goals lead to big accomplishments."

If it's more of an emotional overwhelming feeling: "If you ever feel stuck or need help, don't hesitate to ask. We're in this together." or "You're not alone in this project. I'm here to support you every step of the way."

Trouble getting started: As your child starts this project, let them know that support is readily available. If they encounter any challenges or need assistance, you are there to help.

What it sounds like: "You've got unique talents that make this project perfect for you. Trust yourself and know that I am here for you." or "I know this project might seem challenging, but I'm confident you can handle it."

Celebrating Milestones: Taking a moment to acknowledge and celebrate each completed task is crucial. Celebrating milestones boosts morale and fosters a sense of accomplishment.

What it sounds like: "I can see you're working really hard on this project. Your effort is impressive!" or "You've put a lot of thought and creativity into this. I'm proud of how much effort you're giving."

In supporting your child's journey, we aim to create an environment that fosters growth, creativity, and, most importantly, a sense of accomplishment. If you have any questions or if there's anything specific you'd like to discuss regarding the project, please feel free to reach out.

About the Author

Suzanne Appel is an experienced marketing executive with a 25-year background in creating and running digital marketing programs for large companies. She founded Young CEO Squad, an educational platform and product line dedicated to inspiring young kids to venture into entrepreneurship. Witnessing her own children's entrepreneurial prowess, Appel was motivated to simplify and popularize the process of starting a business for kids.

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