Inspiring kids to be entrepreneurial.

Ways Children Can Make Money! Amber’s Enterprise Continued…

September 20th, 2012

There are hundreds of ways children can make money! Yet when chatting to parents they often tell me that they would really like their kids to have a little business enterprise of their own, but they just can’t think of a good idea.

Well here’s the tip… think what the problems or needs that your local community has and maybe a kids’ enterprise could be built around it. Another angle to come from is to consider what skill your child might have that they could put to good use and build an enterprise around that.

Brainstorm ideas by jotting them down on paper. Keep going until you have exhausted all possible ideas whether or not you intend to use them or not. Try asking the neighbours what issues and problems that they have and add these to your list.

Generally people have ‘time’ issues and that is where a business can be started from. Not enough time to mow the lawn, clean the large rubbish bins, chop the wood, tend to the kids’ homework, clean the windows, rake the leaves, tutor the kids, pull the weeds, clean the car… you get the picture!

If you are still stumped for ways children can make money, then check back through this blog as it’s full of ideas.

Amber’s “New From Old” enterprise has been going great guns right from the beginning. Her money jars are filling up, and really she hasn’t had to do much work at all! She reached her goal that she set a while back and she is now preparing to take her business to another level (we’ll talk more about that in a later blog).

If you are new to our blog and haven’t yet had the chance to follow what Amber’s Enterprise entails, then click the link on the left side bar that says “Enterprising Howitt Family”. Here you will be able to read about all the Howitt Kids and their entrepreneurial journeys.

Toddler ride-on toys

Amber will make the fortnightly trip to the local Recycling and Waste Recovery Centre. It sells anything salvageable. The guy who runs the place now knows Amber and understands that she is running her own business. Amber has developed important skills of negotiating and connecting with a network.  When she identifies an opportunity she will confidently strike up a deal with the Recycle Man.

Much of the stuff for sale is really not worth the effort to resell and profit from. It is like looking for a gold nugget in amongst the boulders. Amber’s ability to pick profitable items has improved over the months and she now has an eye for a bargain.

Pet Cage

The items that can be resold are the ones that generally solve people’s problems (eg pet cages, baby toys, storage and exercise). These items need to be well presented and in good condition. So Amber looks for opportunities that don’t require spending lots of time and money fixing them up. Ideally she buys things that just need a good clean, a lick of paint or a new set of batteries.  She has learnt from her mistakes to check the items properly before buying them. She did buy a perfect condition four man tent still in its new box for $10, only to find out later that it had no pegs or poles. To buy pegs and poles new would blow her costs out and she would run at a loss. So it was put down to a learning experience. Does anyone have free pegs and poles??)

Fish aquarium

Sometimes Amber will see a possible opportunity, but holds off buying it until she has done her research.  She will work out what it will cost to repair or tidy it up (paint brushes, varnish, batteries, sand paper, labour, etc) and then she will look at what others are selling it for on Gumtree (Classifieds online). By doing her research, she then has an idea of how much she can pay for it in order to make a reasonable profit.

Amber sells almost all her items on Buy and Sell Bunbury Face Book. She set up her own Face Book page for the sole purpose to be able to participate in the buy and sell market. She writes her own ads, uploads her own pictures and converses with customers online and on the telephone. When a buyer arrives she will present her goods to them and collect payment.

Amber placing her adverts onto Buy & Sell Facebook with the gang watching on!

We’ve watched Amber continuously grow in confidence with her enterprise. She understands the many different ways children can make money and has found and built her own business around solving problems and using her skills of creativity and communicating with people.

Some of the items that Amber acquired and on-sold for profit can be seen in the pictures on this blog.

The five outdoor toddler toys were bought for a good price. She scrubbed them, put new batteries in one, charged the battery in another and sold them all for $60.

The aquarium and pet cages just needed a clean and she made a profit of $25.

Display shelves

Her corner display required screwing together and she made a profit of $20.

Her current project is a very large timber outdoor table. She paid $10 and hopes to sell that for a profit as well after sanding it back and varnishing it.

Amber has also been collecting succulent plants from friends. Her plan is to paint decorative ceramic pots and plant hardy succulents in them, then sell them at a market day.

Here is a video clip of Amber reflecting on her business and goals from several weeks ago. She talks about how her business is progressing, what she needs to do to attain her goal, buying assets and gifting money. Make sure you take a look by clicking here!

It will be very interesting to see where her entrepreneurial journey takes her as she grows older. She loves writing, so maybe she will write a book about her journey!

Amber making a sale!

Hopefully in this blog we have helped show some ways children can make money through enterprise. If you have any good ideas or tips for our subscribers, please leave a comment below.

In our next article we will talk about kids buying Gold!

How Do Entrepreneurs Think?

September 19th, 2012

In an earlier article we spoke of charitable entrepreneurs such as Bill Gates, Warren Buffett and John Templeton. They, together with other wealthy people,  have extraordinary stories to tell about their entrepreneurial journeys. Some will tell you that they dropped out of school or were dyslexic and struggled with reading and writing. Others came from homes of poverty and then there were those born into wealthy entrepreneur families. Although they differed in their backgrounds and circumstances, what did prevail is that they all thought in a similar way. It is not circumstance that creates an entrepreneur, it is a mindset!

What we’ve come to understand is that for our family to become economically and personally free we need to throw out our conditioning around money and then reprogram our subconscious minds with a new success money mindset. The wealthy know this and have either been fortunate to have developed such a mindset from their upbringing or they have discovered for themselves (either consciously or unconsciously), a new way of thinking.

It is a fact that around 3% of the population actually do live a life of economic and personal freedom and the rest of us don’t (yes, we are definitely in that bracket). So what do the minority do that is so different to the rest of us?

More to the point… how do entrepreneurs think!

Before we look into it, consider this…

Whether we like it or not, we are being conditioned constantly to think a certain way about money. We are conditioned by our family, schools, advertising, politicians, TV and friends. Most people are tied to their jobs and to debt because the conditioning that they have received favours a money mindset of “lack”, not abundance.

Do any of the following resonate with you? …

“Money doesn’t grow on trees”

“Money is the root of all evil”

“You’ve got to work hard for your money”

“Get a good well paying job and you’ll be set for life”

“Buy a home, it will be your best investment ever”

“We can’t afford it”

“What job do you want to do when you grow up?”

“Go for the cheaper ones”

Only this morning I was listening to a friend talking with his teenage sons. He told them that they needed to get jobs. He explained that he had a job pushing shopping trolleys at their age. He even went down to the local IGA Supermarket and picked up applications for them to apply for jobs.

When I was fifteen I started out with a casual job working at a Target store. My hourly rate was $2.90 an hour!

All of the above are examples of conditioning. It is now known that much of our conditioning has been locked into our subconscious by the time we are four years old.

Our schools are designed to prepare workers for the work force; our banks make money by selling debt to people; our Government collect taxes and require people to be needy, submissive and controlled. They want people to take up jobs that only just pay enough to get by. Retail businesses make money by selling, so they condition us to spend; and our big businesses need workers to build their businesses. You see there is definitely a design to all this madness!

What our family has discovered is that our money mindsets are changing. We are learning that it is OK to accept money and to have money. In fact we deserve money!  It is OK to offer something of value to others for payment. Working hard in a job is not the only pathway for young people entering our big world.

There are other ways….. ways that will allow young people to really follow their passions and dreams and allow them to make a big contribution to whatever they consider to be important! Wouldn’t it be fantastic if all our kids could achieve economic and personal freedom!

People who have achieved financial freedom through being entrepreneurial have a mindset of abundance. Their habits differ and they do think differently.

Rather than me attempting to point out and explain “How Do Entrepreneurs Think” and go about their lives, I’ll instead refer you to, what I believe to be, one of the most influential books of all time in pointing the way to personal and financial achievement.

“Think and Grow Rich” by Napoleon Hill was originally published in 1937. The author spent his life studying successful people and recording how they think and act. He himself became very wealthy by following the distinctions in his own book and by modelling himself upon his mentors.

Think and Grow Rich is pre-eminently a “what to do” and “how to do” book. In it you’ll find the magic of self direction, organized planning, auto suggestion, master-mind association, an amazing revealing system of self-analysis, detailed plans for selling your personal services, and a wealth of other understandings from experiences of successful people who have proved their value.

The thirteen steps to riches described in this book offer the shortest dependable philosophy of individual achievement that has literally changed thousands of people’s lives!

This book could be worth a million dollars to you and your kids!

Cathy is currently re-writing Napoleon Hill’s book. The book she is writing will be suitable for kids to read, with simple explanations and modern examples that they can better relate to. It is a work in progress and once finished you’ll be the first to hear about it.

The original Think and Grow Rich book can be downloaded from the internet for free. Click here to download your copy today!

We would love to hear your comments on “How Do Entrepreneurs Think?” Please leave us a comment below. In our next Enterprise for Kids edition we will check back with Amber, Kit and Chayse to see how their enterprising businesses are going.

How Bad Do You Want It?

September 14th, 2012

We were going to write about Kit and Chayse’s enterprise and how they have gone with working on their goal, but have decided to share an interim and thought-provoking blog designed to make you think about how much do you really want success (in any chosen field)!

Our daughter Kaitlin saw this video on You Tube and sent us the link. We thought it was awesome. So, take the time to watch the clip (it doesn’t go for very long), then read on.

How Bad Do You Want It? Video Clip

How Bad Do You Want It? Click image to view clip.

For those who want to digest the words again, I have taken what I could decipher from the You Tube and written the transcript here.

There was a young man who wanted to make a lot of money, so he went to his Guru and said,

“I want to be on the same level you’re on.” And the Guru said, “If you want to be on the same level I’m on, I will meet you tomorrow at the beach.”

So the young man got there at 4am. He wore a suit, but should have worn shorts. The old man grabs his hand, leads him to the water and says,

“How bad do you want to be successful?”  The young guy said, “Really successful”.

The old man says, “Walk on out in the water. “ He goes waist deep.

This waters freezing. The young man thinks, I just want to make money and he’s making me swim.

I didn’t ask to be a life guard. I wanna make money.

“Come out a little further. “

So he’s thinking. This old man’s crazy. He makes a lot of money, but he’s crazy.

“Come out a little further.” And he did.

This man is crazy.

The old man said, “I thought you wanted to be successful”.

He said, “I do”.

“Then walk a little further”.  The old man pulled him, dropped the young man’s head in the water, held his head down, and continued to hold him down, even when the young man struggled.  He held him down, but just before the young guy passed out, the old man raised him up.

He told the young guy. “When you want to succeed as bad as you want to breathe, then you’ll be successful!”






After watching this video, it really made us think, How much do we want it? Do we “really” want it or just “kinda” want it? Want what, you may ask?

Well, anything really. How much do we want our fitness levels to be at their optimal levels? How much do we want to be financially free? How much do we want to have a happy and loving family life? How much do we want to enjoy our time with friends and experience unique and exciting experiences?

For us, it’s a little bit of everything. But what we realised as we’ve been completing Paul Counsel’s Money Mastery Course over the year, that splitting our attention between everything (as we have in the past), we get a medium result from everything. There’s nothing wrong with that, it makes life comfortable, and that’s OK for many people.

But for us………we’re ready to challenge ourselves. We’re ready to step up and make a difference in those areas in a big way, not an average way.

So, whilst we may not exist on 3 hours a night (although that’s debatable with our 18 month old at times!), we do put in the long hours. We do stay up until midnight (long after the kids have gone to bed), working on our internet business, studies, trading or Health and Wellbeing business.

We try to focus as much as we can on them. And why do we do it? Because we know that we are already successful in some parts of our lives. We know we have a wonderful family and supportive friends. And we know we’ve achieved that through dedication and focus. Now, we are ready to transfer that focus and skill to other aspects of our lives. We know that when we are financially free, that this will positively affect every other part of our lives.

If we want more time to focus on our kids, we can hire someone to do the mundane things in our lives, thus freeing our time. We can create awesome experiences beyond what we’ve already had. We can take time to enrich our own relationship without worrying about how we are going to pay the next bill.

Now, it may take us a little longer to achieve our goals than it will Giavanni Ruffin (the athlete in the movie). He has MAJOR, unstoppable focus and he WILL achieve, no matter what. It’s not a matter of IF, it’s a matter of WHEN for him.

But even if we used just a tenth of his energy and commitment, it has to be better than no focus at all. Where your attention is held is what will show up in your life. You need to “attend to your intention”. A clear intention with determined focus will set you on the right path to success.

This lesson on focus can be applied by anyone, whether it is teenagers studying at high school, kids with big sporting ambitions or parents developing business. Kaitlin is challenged with maintaining focus with her studies. We are glad she discovered this video, thought about its excellent message, and decided to share it with us.

So, like we said at the beginning of this post, “How Bad Do You Want It?”

If you enjoyed the first video clip, and thought that was all there was, think again………then have a look at this one…

How Bad Do You Want It (part 2)

How Bad Do You Want It? Pt2 Click to view












Related Posts:

Youth Enterprise…. Kaitlin and Jai

What “The Secret” Left Out

Anthony “Tony” Robbins is an American self-help author, motivational speaker and Life Coach. He became well known throughout the world through his self-help books. Our Mentor, Paul Counsel, speaks highly of Tony Robbins and his teachings.

An Entrepreneur’s Conscience!

September 10th, 2012

Is Having a Money Mindset Charitable?


Yay! Enterprise For Kids Rock!

I was talking with a dear friend and asked what she thought of our Enterprise for Kids blog. She thought that it was very well done and that her kids were very inspired by our kids’ enterprise experiences. Her children had read every blog post and watched every video, then her nine year old daughter sat down and planned an enterprise following all the lessons we talk about in our blog.


That is exactly the sort of inspiration we hope to develop, especially with kids.

What happened next was a real surprise to me!


What! I have to give it all away!

My friend explained that she didn’t mind the idea of enterprise, but she wasn’t OK with her kids having an enterprise where they make money for themselves.

I was a little taken back when my friend said this. I really had never thought that there would be people with the view that kids shouldn’t be making money for self interest. I was also grateful that my friend was frank in sharing her beliefs as it helps me better understand mine.

Firstly there is no right or wrong in what people believe or do. Everyone is entitled to their views and I respect my friend’s view.

After this enlightening conversation, I came to realize how far our mindset around money has changed since we started out on our journey in search for economic and personal freedom. It also had me thinking about the entrepreneur’s conscience!

Wealthy entrepreneurs think very differently to the rest of us.

Generally I would also say that they are not selfish; although I’m sure there are some who are, like there are selfish poor people as well!

Wealthy people would have persisted with their goals and taken certain risks to get to where they are now. Many of the wealthiest entrepreneurial people in the world are also very charitable and give millions away supporting causes they believe in. It is much easier to be charitable when you are rich! Many who are struggling to make ends meet do not have the time, energy or money to make larger contributions to the world.

Bill Gates

Warren Buffett

John Templeton












Bill Gates, for example, employs many people to spend his money on charitable causes! Warren Buffett, who has lived in a very modest house all his life, gives away billions to charity! And Sir John Templeton (1912 – 2008) contributes $70 million each year through his foundation providing research grants and programs relating to the Big Questions of human purpose and ultimate reality (very interesting if you have the time to delve!).

Only last week I was speaking with a new entrepreneur friend who lives in Perth. He has recently created tremendous wealth developing property mostly in the Western Australian mining town, Port Hedland. He explained to me that he no longer needs to work and he now channels his energy into his passion. He is planning to take his young family to America where he has enrolled in a Theology university course. From there he plans to do mission work in Africa. Being a successful entrepreneur is allowing him to follow his charitable dream!

It could be argued that entrepreneurs, as opposed to the rest of us “workers”, have more free time, are less stressed, enjoy better health, eat better, travel more and their families are given more opportunities in life.

Do the rich have an entrepreneur’s conscience?

Probably more so than the rest of us!

The difference being is that they are in a much better position to make a real difference in our world than those of us who are tied to a “job” and to “debt”.

I’d like to thank my friend who allowed me to consider my views of an “entrepreneur’s conscience”.  I certainly value the importance of teaching kids enterprise, and I do support the view that enterprising kids should also be taught to be charitable.

Our view also is that a child has to walk before they can run…..meaning that for us, it’s OK for our kids to have a “selfish” goal because that is what motivates them at the time to take action and learn the entrepreneurial skills necessary to succeed. Then, when they have mastered that skill, they are taught to have a goal, but think about where they may like some of the money they earn to go. That is exactly the process we taught our Chayse (who’s 4) and Kit (who’s now 7) when they reset their goals. See this in action in an upcoming blog.

The more entrepreneurs we create the better our world will be!


As we revisit our own kids entrepreneurial journeys in this blog, we will share the lessons around their entrepreneur’s consciences and how we are teaching them to be charitable.

Next time we will talk a little more about the conditioning we have around money and how the wealthy do think differently.

Keep this discussion going by sharing your view in the comment box below.

Lastly, I’d like to take this opportunity to remind you about the Gold and Silver Seminar that we are holding in Bunbury this Sunday. It will be an informative presentation that will open your eyes to some excellent investment opportunities. The discussion after the seminar is a great way to meet and network with other investors and business people. Bring along your teens to kick start their financial education. Click Here to view our flyer and please pass it around to others who you think may be interested.

Youth Enterprise…. Kaitlin and Jai

September 6th, 2012

So far we have seen Flynn building a great Honey enterprise and actually achieve his goal. Kit had a go at “dog walking”, but quickly cottoned onto the fact that Chayse was making more money than him selling lollies or candy at the local Soccer fields, so has been pursuing that with his brother. They have made quite a team, and we will revisit them in an upcoming blog post. Amber has actually reached her goal with her “New from Old” endeavours and we will celebrate her achievement in another post also.

So that leaves our creative Artist, Kaitlin, and our budding App Developer Jai.

It has been interesting to note on the kids’ journeys, that it is actually easier to introduce a different mindset around money to children who are younger than it is to teenagers or older children. Why would teaching youth enterprise be so challenging? Well, the answer is simple really. In our case, Kaitlin and Jai have been a lot more conditioned around money than the younger siblings. They have been around longer with us as their major source of education. Our thoughts/objections/subconscious beliefs have been ingrained into these two and it is now quite a process to change those beliefs.

Kaitlin and Jai

Luckily for us, Kaitlin and Jai are both quick learners and understand the concepts we have been trying to teach. The main obstacle has been providing the “time” to put this newfound knowledge into action. Being teenagers, their lives are full of homework/study, sporting commitments, social life and social media. All of these are things we want to encourage in our children, so our challenge has been finding the time to also include a Financial Education.

But in the end, as with everything, “life” has been the best teacher of all.

Jai hasn’t had an urgency to pursue his App Developing as there was no time line on when his goal needed to be reached. But since then, his goal has changed. Jai has been accepted into the Country Week Soccer team and will be competing in Perth during the holidays. He has to pay for a good portion of this trip. He suddenly has a renewed vision and goal to aim for, and he has spent countless hours researching a variety of ways to make the money in a short amount of time, kicking his youth enterprise into action!

Jai's focus or goal has changed.....

Jai loves being active and he now has a new goal.













He has come up with different ways to make the money, some of them he wasn’t interested in before. The sorts of opportunities Jai has been looking at are mowing lawns in our neighborhood, finding items to sell and hiring out exercise equipment. Together, he and Trevor worked out he needed to find $10 a day to be able to afford his portion. He has been negotiating with us over particular jobs that need doing around the house (above and beyond household chores) and been getting on and doing them. He has gone through many of his good quality items that were a “must have” when he bought them, then realised that perhaps he didn’t need them as much as he first thought. These, he has posted on Facebook to sell.

So, whilst Jai’s App developing has taken a backseat, it hasn’t been forgotten, it is just something he has recognised as a longer term project and pursuing it now wouldn’t give him the instant money needed to go on this trip. We are proud of his efforts and are sure he will reach his goal in time.

Jai reflected on his Entrepreneurial Journey a few weeks back. Click here to view!

Kaitlin doing what she loves!

Kaitlin, our artist in residence, is finally learning to manage her energy around study, social life, sport and her youth enterprise ventures. She has put a time line in place and is having more requests for art, so has to now take the time to start each piece so it can be finished in time for Christmas (for some) and earlier for others. Having a boyfriend has actually increased her self effacy as she needs to complete certain things before socialising.

Kaitlin and Lachlan










Luckily, lachlan encourages Kaitlin to do that, because he actually wants to have a social life too!

Kaitlin and her friend Georgia are also realising the power of leveraging their time. They have come up with some great ideas around Enterprise and have put steps in place to pursue these ideas. They are longer term goals, but in the end will reap more rewards than working a job. However, they still see the need to pursue their “job” in the meantime, to give them the money to put towards their enterprise when it is up and running. We will keep you posted with their endeavours.

Kaitlin & Georgia

So the journey towards Financial freedom is always a rocky one,  but one worth following regardless of what else is going on in your life. Our kids are teaching us so much along the way, and whilst all of their efforts aren’t successful, they are learning from that and moving forward……..and we couldn’t be prouder.


Inspiring kids to be entrepreneurial.