Author: Enterprise For KidsTeam

Business Ideas for Young Entrepreneurs: Burekup Fair Success

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Chayse making a sale at the Burekup Fair as one of the business ideas for young entrepreneurs

Business ideas for young entrepreneurs come alive when children have the chance to prepare products, talk to customers, handle money and experience the excitement of making real sales.

The day of the Burekup Country Fair started with a mad rush. Seven enterprising kids needed to be ready and set up down at the Burekup Country Club grounds by 8.30am. It required four trips with a trailer carrying tables, pram, signs, eskies, TV, banners and all the products we planned on selling.

Amber and Flynn with Fish in a Bottle showing business ideas for young entrepreneurs
Amber and Flynn with their Fish in a Bottle idea.

Business Ideas for Young Entrepreneurs at the Burekup Fair

On arriving at the Burekup Fair, we discovered that someone else had set up in our designated spot. We milled around waiting until the problem was sorted, and once a new space was allocated, we busied ourselves with setting up.

A very strong easterly wind challenged us with erecting banners and keeping tablecloths on the tables. It was obviously going to be a hot day. Thankfully, the red gum trees overhead would keep us in shade all day.

Bargain hunters were quick to do the rounds of the stalls well before we were ready. While we were still trying to set things up, people were already asking questions and making purchases. We will have to be better prepared for this next time round!

Amber with succulents as one of the kids business ideas at Burekup Fair
Amber and her succulents.
Enterprising kids making a sale at the Burekup Fair
…and making a sale.

The kids’ anticipation and the joyful growing crowd created an air of excitement. It was a real country fair without all the commercial jazz that you see at many fairs today.

Visitors and locals first joined in with the Australia Day barbecue breakfast. Following the brekky, the crowd moved on to all the stalls and activities. There were old machinery displays, a free bouncy castle and water slide, a dunk tank, fairy floss, pat-the-animals, thong-throwing contests, face painting, and people selling their wares — from homemade fudge, plants and toys to live pigs, chickens and crafts.

Other enterprising kids were also selling their toys, bikes, clothes and things they had made. It was the perfect place to see business ideas for young entrepreneurs being tested in a real community setting.

Setting Up Business Ideas for Young Entrepreneurs at a Kids Market Stall

A market stall is a wonderful way for children to test their ideas in the real world. It gives them the chance to see whether people are interested, practise talking to customers, learn how to display products, and understand that business is about far more than simply having something to sell.

The Australian Government’s business.gov.au page on market stalls explains that a market stall is a temporary structure used to sell products or services, and that stallholders may need to think about registrations, permits, food safety, insurance and other requirements. Read more about setting up a market stall here.

For children, the lesson can start simply:

  • What are we selling?
  • Who might want to buy it?
  • How should we display it?
  • What price should we charge?
  • How do we speak confidently to customers?
  • How do we count money and work out profit?
Kids market stall set up with business ideas for young entrepreneurs at the Burekup Country Fair
All set ready for the customers!

Novelty Products and Business Ideas for Young Entrepreneurs

Having a novelty product is one of the keys to drawing interest, and we had the perfect product.

Flynn and Amber’s “Fish in a Bottle” were an absolute hit. Kids came from everywhere dragging their parents over to look at the fish. Once at our stall, we were able to show them our other items too.

This was a powerful business lesson. Sometimes one unusual product can bring people closer, start conversations and help customers notice the rest of what is on offer.

Fish in a Bottle products waiting to be sold at a kids market stall
Products waiting to be sold.

Learning to Ask for the Sale

Chayse soon got the hang of it. Whenever a customer wandered past, he would hold up a lolly bag and ask if they would like to buy one.

Many people bought lollies from him simply because he had asked. How can you refuse a little five-year-old?

There was another little boy walking around selling his mum’s homemade fudge. He was not shy in coming forward and asking customers if they would like to make a purchase. Talking to his dad later in the day, he said that his son had sold more fudge walking around than they had sold at their stall.

I guess there is a lesson in that.

For young entrepreneurs, learning to politely ask is powerful. It builds confidence, communication skills and resilience. It also teaches children that customers often need a friendly invitation before they buy.

Customers, Money and Confidence

It was not long before we had customers coming in their droves. Talking with customers, handling money and recording on a pad what was sold all kept the kids on their toes.

Taking turns to man the stall allowed each of us time to catch up with friends and also spend some of the takings at the fair.

Kaitlin's Eye heART display as a creative business idea for young entrepreneurs
Kaitlin’s EYE heART on display.
Customers admiring Kaitlin's artwork at the Burekup Fair
…customers admiring her work!

Our enterprising kids were very happy with their results. Each was able to sell products and make a profit.

Flynn’s Howitt’s Honey was very popular and sold very well. Kit and Chayse sold about half their lolly bags and, due to the hot day, Jai’s icy-poles also sold well. Jai made a profitable sale with his exercise equipment. Amber sold succulents. Kaitlin received commissions for her Eye heART artwork. And, of course, the Fish in a Bottle sold well.

Making Sales Turns Business Ideas for Young Entrepreneurs Into Real Learning

This is where business ideas for young entrepreneurs become real learning.

It is one thing to imagine a business. It is another thing entirely to prepare the product, take it to a fair, display it, speak to customers, handle money, record sales, pay back costs and work out profit.

Those are real lessons.

Jai manning the stall with his exercise equipment at the Burekup Fair
Jai manning the stall with his exercise equipment.
Flynn selling unpasteurised honey as a young entrepreneur
Flynn selling his unpasteurised honey.

Cath and I also had a terrific result with our own stall. This was the first time we had put ourselves out there with our new business in the local community, and it allowed us to develop our own self-efficacy too. We spoke with many interesting people and learned a lot about their lives and interests.

By the end of the day, we were exhausted.

Celebrating Success Builds Self-Efficacy

It was important to celebrate our success because this is vital in fostering self-efficacy around being entrepreneurial kids.

The kids counted the takings and divided the money up. They then paid any debts so they could work out their profits. Each received congratulations and a hug for being successful enterprising kids.

Akaisha enjoying one of Jai's icy poles at the Burekup Fair
Akaisha enjoying one of Jai’s icy-poles, mittens and all!
Cathy speaking with a customer at the Burekup Country Fair
Cathy explaining the health benefits of her product.

Many great lessons around financial education were learned on this day.

It is our hope that our kids continue to develop self-efficacy around being entrepreneurial, as we believe this will give them greater opportunities when they become adults.

Cathy talking with an interested customer at the Burekup Fair
Cathy talking with an interested customer.
Kit and Chayse selling lolly bags as a kids business idea Kit and Chayse selling lolly bags.

Finally, we would like to thank the Burekup Country Club, and in particular Sally and Jason Barnden and their team, for coordinating the fair.

Just as an added note, the day after the fair, five more Fish in a Bottle sold!

Where to Next?

Have your children ever tried a market stall, fair stall or small business idea? We would love to hear what they sold and what they learned along the way.

Marketing Lesson for Kids: Burekup Country Club Heats Up

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Amber Flynn and Kit running a stall at the Burekup Country Fair as a marketing lesson for kids

Marketing lesson for kids sounds like something that belongs in a classroom, but for our family it came alive through fire, publicity, product preparation and the Burekup Australia Day Fair.

Last week there was both fear and excitement in the small township of Burekup. The Burekup Country Club had been on fire, and for a moment it looked as though the Burekup Australia Day Fair might even be cancelled. Thankfully, the fire crew put the fire out before it caused too much damage or anyone was hurt.

What followed became a very real lesson in marketing, attention and opportunity for our enterprising kids.

Amber showing her product during a marketing lesson for kids at the Burekup Country Fair
Amber showing one of her products ready for the Burekup Country Fair.

A Marketing Lesson for Kids at the Burekup Country Fair

Once a year for Australia Day, Burekup hosts a fun family fair. Everyone in town usually comes along, together with people from the surrounding areas.

This year, the fair had a little more publicity than normal.

The local Burekup Country Club, which helps organise the event, had a fire that threatened to burn down the old wooden clubhouse and town hall. The newspaper heard about the near disaster and ran a story about the fire that almost sabotaged the Burekup Australia Day Fair.

Burekup Country Club hall before the Australia Day Fair marketing lesson for kids
Burekup Country Club Hall.

The story stimulated fear and interest, which in turn created excellent publicity for the Burekup Fair.

Marketing a product, service or brand can be very challenging, especially if you are not naturally marketing savvy. A very good marketing campaign can sell even an ordinary product, while a very good product may not sell easily unless people know about it, understand it and feel interested enough to buy it.

That is why this became such a useful marketing lesson for kids. Our children were not just making products. They were preparing to put those products in front of real people.

What Our Kids Learned About Marketing Their Products

Our enterprising kids have all been challenged with marketing their products and brands. Cathy and I have also been challenged with marketing when promoting events or selling our own products.

The Howitt family booked two stalls for the Burekup Australia Day Fair. One stall was for our enterprising kids to display and sell their products. The other was for Cathy and me to share information about our home business, as well as promote the Enterprise for Kids brand and blog.

Putting ourselves out there in our small community for the first time was a little confronting. Some people knew what we had been up to, but for many it was going to be a surprise.

Despite the challenge, we saw this as a chance to practise in readiness for bigger and better things to come.

Kids Business Ideas Prepared for the Burekup Fair

The fair gave each child a real opportunity to prepare, promote and sell something of their own. That is where a simple family event becomes powerful real-world learning.

Flynn had been preparing his raw, unprocessed honey under his brand, Howitt’s Honey. He had a fresh batch ready to sell, and he had also bought a good set of golf clubs for a very good price, which he intended to resell at the fair.

Flynn showing honey pots for his kids business idea at the Burekup Fair
Flynn showing his honey pots.
Honey jars bottled and ready for labels before the Burekup Country Fair
All bottled awaiting labels!

Kit and Chayse were preparing their lolly bag business. They bought, sorted and bagged lollies to sell. Chayse also had a small fish tank to sell, along with colourful guppies he had bred.

Kit and Chayse sorting lollies for a kids business idea at the Burekup Fair
Kit and Chayse sorting lollies.
Lolly bags ready to sell as part of a kids market stall
Lolly bags all set to be sold!

Amber’s Products and a Creative Marketing Lesson for Kids

Amber had been busy all year collecting succulents from people’s gardens. She artistically potted these up into all kinds of unusual pots, including large seashells, kettles and ceramic plant pots.

Amber watering succulents for her kids business idea at the Burekup Country Fair
Amber watering her succulents ready to be sold.

She and Flynn also planned to sell aquarium fish they had bred. They salvaged and cleaned large glass wine flagons, which made terrific fish bowls. They decided to market this product under the brand name “Fish in a Bottle”.

Fish in a Bottle product prepared for a marketing lesson for kids
Fish in a Bottle.
Fish in a Bottle product showing how kids can create unusual market stall ideas
Can you see the fish?

Amber also planned to sell selected items from her New from Old business, and she was putting together a Lucky Dip.

Jai and Kaitlin Prepare Their Own Enterprise Ideas

Jai was preparing to promote his “Hire a Teenager” service. He already had clients in Burekup who hired him to do work on their properties, such as mowing and window cleaning.

Jai also prepared a batch of frozen juice ice cups on sticks. He came up with some creative ideas to add value to his product. He was also considering promoting “Rent Exercise Equipment”, although this business idea was still in its infancy and may not have been quite ready to run.

Lastly, Kaitlin was preparing to promote her new brand, “Eye heART”. Akaisha was still a little young to have an enterprise of her own, but Kaitlin was ready to share her creative skills.

Being the creative one in the family, Kaitlin planned to sell her skills by painting the eye of clients from a photograph. Around the eye, she would also paint three things dear to them.

Jai showing icy poles prepared for the Burekup Country Fair market stall
Jai showing his icy poles.
Kaitlin's Eye heART creative business idea for kids
Kaitlin’s Eye heART.

This opportunity for us all to market our brands, services and products helped the Howitt clan develop self-efficacy around being entrepreneurial.

What Children Can Learn From a Real Marketing Plan

A good marketing lesson for kids does not need to be complicated. Children can begin by learning that marketing is about understanding who might want your product, why they might want it, and how you can show them its value.

The Australian Government’s business.gov.au marketing planning guidance explains that a marketing plan can help define a target market, choose messages and channels, set goals and evaluate whether marketing activities were successful. That is exactly the kind of thinking children can begin to practise with a simple market stall. Read more about developing a marketing plan here.

For our kids, the Burekup Fair raised practical questions:

  • Who would want to buy this product?
  • How should we display it?
  • What makes it interesting or different?
  • How much should we charge?
  • What story does the product tell?
  • How can we speak confidently to customers?

These questions are useful for any young entrepreneur.

Marketing, Emotion and Real-World Learning

Our mentor, Paul Counsel, had plenty to say about marketing. One of the ideas he shared was that people often respond to emotion before they respond to logic.

In simple terms, customers usually want to move away from a problem and toward a better result. A product, service or experience becomes more interesting when people can clearly see the difference it might make.

For children, this can be taught in a practical and age-appropriate way.

If they are selling honey, they can show that it is fresh, local and real.

If they are selling lolly bags, they can make them colourful, tidy and fun.

If they are selling succulents, they can show how each one has been creatively potted and cared for.

If they are selling a service, they can explain clearly how they can help someone.

This is where marketing becomes much more than advertising. It becomes communication.

A Fire, a Fair and a Marketing Lesson for Kids

Pain Island to Pleasure Island drawing used in a marketing lesson for kids
Just need the right ship to get them there!

Luckily, the fire did not burn down the club or spoil the Burekup Australia Day Fair.

But it certainly woke people up.

The fear that the fair might be cancelled created attention. The newspaper story created discussion. The near disaster gave people another reason to talk about the event. In an unexpected way, it became publicity.

That is not something anyone would wish for, of course. But it did show our kids something important: people pay attention when a story matters to them.

For our family, the fair became more than a day out. It became a real-world lesson in product preparation, branding, confidence, customer communication and marketing.

In our next blog, we will share photos and experiences from the Burekup Australia Day Fair.

Where to Next?

We would love to hear from our readers. What marketing lesson for kids have you seen through a school fair, market stall or family business idea? Share your thoughts in the comment box below.

A Business Success Formula That You Can Teach Your Kids!

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In our previous post we shared Sean Rasmussen’s teachings around developing a healthy self image. This article follows on from that discussion as we share more of his valuable teachings around being successful in business.

How would you like to know Sean Rasmussen’s Business Success Formula?

Teaching these understandings to your children will set them on the path to being successful entrepreneurs.

 

Sean introduced a simple formula that will get results in business. The formula is…

 

(Training + Tools + Team) X Time = Results.

 

This formula can fit all business models, whether it be Network Marketing, conventional business or an Internet Based Businesses. This fits with what we have read about Robert Kiyosaki and his Business Builder model (as opposed to small business). He describes building a business system that will grow itself. Sean’s formula formed the bases of the whole Boot Camp of which we were taught how to address each aspect through Internet Marketing.

 

In our recent blog about David Wood we discovered that he also uses this formula for business success and he taught us how to apply it to Network Marketing.

 

Training: Attend the boot camps, join a program, find a mentor and study the business system.

 

Tools: Use the tools provided by the business system. Use the tools that work, don’t be a tool trying to work it all out for yourself! Or as David Wood says, “Use the tools, don’t be a tool!”

 

Team: Build a team of experts around you who build your business. In internet marketing it may be virtual assistants, ghost writers and marketers whom you can contract very inexpensively from counties such as the Philippines or India. With Network Marketing it will be the people in your upline as well as those in your own network that form your team. You help them build their business and yours will naturally become successful as well.

 

Time: Give it your all! Without putting time into your business initially it simply won’t be successful. With businesses that grow and generate a passive income the amount of time you need to commit it great to begin with and the income is small, but as your business grows your work time will diminish, but your income will continue to grow!

 

Results: Your income generated from your business.

 

 

 

 

 

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Teaching Kids the Business Success Formula

 

 

Flynn extracting the honey from the honey cone.

The Business Success Formula can easily be taught to kids. Firstly help them get started with an enterprise. This way they will learn all about it. For example my son Flynn has learnt a huge amount about bee keeping, harvesting and processing honey and then marketing it.

 

Next teach them how they can make their business easier by utilizing the right tools. In Flynn’s case it was about borrowing the right extractor equipment and using an expert’s advice (his Grandad) which saves him time.

 

Then investigate ways of putting a team together to make the process less work and more profitable. Flynn utilized his friends to help bottle the honey, he had people selling his honey on consignment and he found people to take his honey to the market. He wasn’t doing all the work!

 

Flynn with his product

Explain to your kids about delayed gratification. That is: put the hard yards in now for a financial reward later. Once they see a result in their wallets/purses then they will fully grasp Sean’s formula for business success. Flynn has realised this. He used all his own money to buy his honey and he also paid for everything he required to bottle and market it He understood that he needed to make his business work in order to get his money back with profit. Once he experienced a result with his first batch of honey, he became much more focused and determined with his second batch, which by the way he invested twice the capital!

Three Reasons Why People Are Not Making Money Right Now!

 

Sean Rasmussen also pointed out three reasons why people are not making money right now. He emphasises the importance of “Action, Intention and Value”. When people use the Business Success Formula, and also attend to and are clear on these three things, they are perfectly set up to make money in their chosen enterprise.

 

Action

 

Action is obvious. Take action straight away whenever an idea or opportunity presents. As soon as an idea presents itself, build upon it. Avoid killing the idea with all the “what ifs”.

 

Intention

 

To illustrate the point about Intention, Sean had us all write onto a small card what our intent was for the three days at the boot camp, and then we put the card in our pocket to be carried around where ever we went. The idea is…  we thought about and put out to the universe our intent without trying to force an answer or outcome. Amazingly, by the end of the three days the answers to our intention were answered! Intention can also be aligned with having a plan.

 

Value

 

He refers to Value as being your highest values. Sean Rasmussen explains that your highest values dictate what you focus on. So it is crucial to ensure that what you want, whether it be health, money, family or whatever, is high up on your value list, otherwise it simply won’t happen.

 

Our Money Mastery mentor, Paul Counsel, also enlightened us to this very important distinction. For us we struggled with putting business ahead of family as our highest value. Our kids have always been our highest value and consequently take up all our time and energy. So what we learnt was that we needed to align business with our highest value of family. Hence we have done that with this very blog and with other enterprise we are pursuing. By aligning our highest value with business, we then have better focus and desire, and our enterprise is moving forward and so are our entrepreneurial mindsets.

 

So there you have it… Sean Rasmussen’s Business Success Formula.

Flynn celebrating his business success!

In our next blog we will talk more about the wonderful personalities we met whilst on Bootcamp and the sorts of things they are doing to inspire others.about the tremendous opportunity for our kids (and us grown ups!) with building a membership site on the internet. The figures possible…. are mind-blowing!


Sean Rasmussen… Developing Self Esteem!

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Our family’s entrepreneurial journey so far has been exhilarating!

 

The more we learn about successful entrepreneurial people and what makes them different from everyday people has helped us to not only understand our own subconscious beliefs and values, but to  re-condition our own subconscious into developing a mindset and value system that is accepting of economic and personal success.

 

Our journey of self discovery has allowed us to look deep into our own habits, thoughts and belief systems and that of our children.

 

Sean, Cherie and us!

However, what has really inspired us, are the people we are becoming friends with along the way. Positive people with energy, motivation, connectedness and drive! These people are our reference group and by simply becoming their friends we are able to absorb their awesome energy!

 

We flew to Surfer’s Paradise on the Queensland Gold Coast to attend a three day intensive Internet Marketing Boot Camp run by the guru of internet marketing, Sean Rasmussen. Sean’s rags to riches story was an inspiration! From working as an electrician on a mine out from Karratha in Western Australia, carrying a large debt and working very long hours, to becoming a wealthy and very successful (self taught) Internet Marketer!

 

He would spend twelve hours a day, six days a week, working on the mine site and then teach himself internet marketing during his few waking hours at home (and only sleep for four hours a night!).

 

He made it his highest value to change his family’s economic situation by being very intent on finding a way to build an online business.

 

Sean’s focus and persistence (and total support from his family) soon paid off, and within a couple of years he had built a extremely successful business that well and truly replaced his income from his JOB. In fact, Sean’s income rapidly grew and now he has a multi million dollar business!

 

It seems odd that we travelled so far just for three days, when Sean and his family actually only live less than an hours drive from where we live here in WA. But, of course, being an Internet Marketer, means that Sean has client’s all over Australia and the world. But it’s pretty cool knowing that we have an Internet Marketing Guru who is well recognised world wide, living just down the road!

Our experience over the three day weekend was mind blowing! Sean’s amazing knowledge, enthusiasm and sense of humour kept us captivated throughout the event. We met and became friends with many fantastic people who inspired us with their commitment, passion and variety of topics they were blogging about.

Sean and David at our Boot Camp.

Many had major hurdles to overcome to pursue their passions like Dave who is 21 and has Cerebral Palsy. Or Lynda, who is his supportive Mum, has 4 other chilren at home, and takes the time to bring Dave to Sean’s Bootcamps because she also wants to expose him to the myriad of possibilities out there.

Or Dr Wiliam … (or Dr Bill as he is affectionately known) who is a spritely 80+ yrs young!

Or Catherine, who dreams of working from home so she can still spend time with her gorgeous baby girl.

Or Helen, who came along with her husband Alex and we worked out that Trev taught her in Yr 5 in Geradton!

Or Dale, who’s passionate about Natural Health.

These are just some of the incredible people we met and who we know will make huge successes of their businesses down the track, especially under Sean’s wings. We will expand on the human nature of some of these wonderful people in our next blog and show you the range and depth and variety of people who take up blogging to express their passion.

 

Also in a later blog, we will share the amazing opportunities that Internet Marketing can bring, especially for our kids who want to utilize this brilliant wealth creation vehicle. But for now, we wanted to reflect on our weekend and the insights we gained from Sean Rasmussen around developing a mindset for success, and in particular how to develop self confidence!

 

 

 

 

 

 

 

 

 

What we like about Sean is his down to earth approach to life. He carries no airs or graces. In fact he and his family enjoy much the same things our family does. They have a hobby farm with a mob of sheep and a crazy dog, their kids play soccer on the weekends in Bunbury and they enjoy the simple everyday aspects of family life as we do.

 

Sean genuinely wants to help people succeed and he really gives value far beyond what you’d expect with his training and programs. He makes genuine connections with people. Sean explains that with business it is all about finding out people’s problems and then providing the answers.

 

Now this isn’t the first time that we have seen this pointed out. In fact all the successful people and mentors that we have been fortunate to learn from all say the same thing.

 

Connect with people and help provide them the answers!

 

Connecting with people at the Boot Camp!

Sean points out that everybody is an expert. Just find what it is that you are passionate about and become that expert! Find out what people want to know, then build a business around your expertise area.

 

Self Esteem is another important contributing factor to success. People must take full responsibility for their results in life, not look for fault or blame in others. Sean points out…

 

Your dreams already do come true. Make your dreams good ones!

 

Maxwell Maltz (1899-1975) wrote Psycho Cybernetics (1960), a self help classic which revolutionised positive thought. Today’s success teachers (Tony Robins, Demartini, David Wood, Paul Counsel, Sean Rasmussen – just to name a few) understand and refer to. Your self image is the key to human personality and human behaviour.

 

Change your self-image and you change the person.

 

Action, Results and Perception are consistent with your self image.

 

Maltz explains that you will act like the person you perceive yourself to be and your “experience” will be consistent with the way you “see yourself”. We see examples of this everyday. People act the way they perceive themselves, and this is more often than not, drummed into them at a young age.

 

To put it into context… students fail because they are told that they are failures by parents and teachers. Babies are born “clean”. We interfere with their self image.

 

Success runs in the family… in the mind!

 

Maltz points out that disease and success carry through families because it is carried in your mind. If you accept defeat then you are defeated. It is all in how you think and how you behave!

 

Sean explains that you are better off moving in the wrong direction than not moving at all. At least when you are going in the wrong direction, you can alter course and start going in the right one. It is important to set goals and move forward, otherwise you’ll live in the past. Negative feedback should be seen as a good thing. It helps you correct errors and stay on track. If you can remember that going off track, or off course is not a bad thing, it simply reminds us to re-evaluate what we are doing and self correct. Hopefully we have the self esteem (or at least a great mentor) who can help us find our way back when we stray too far off course.

 

A healthy self image allows you to locate the answer… to anything!

 

To Get a Healthy Self Image

 

  1. Have a goal that is already in existence now and in actual or potential form. (have one that you feel is achievable, but remember to always aim for the moon, because if you fall short, you’ll fall amongst the stars)
  2. Have only an end result in mind..… the “how” will be provided by your Automatic Success Mechanism or ASM (success drawn to you because you believe and trust it to do so- it’s your self image!).
  3. Do not fear mistakes. Negative feedback is a vital part of your ASM. Negative feedback keeps you on course. It is a fact that you get more things wrong in life than right. Just about every super rich successful person has been a failure or broke at some stage.
  4. Dwell on your successes. Your ASM will mentally correct errors until success is achieved. It remembers the successful motives and forgets the failed ones. Think about a basketballer and how he/she is able to achieve the successful shot. It takes pracise and refining or self correcting until the successful shot becomes a pattern in his/her subconscious.
  5. Trust your ASM to do it for you. Focus initially on the end result. Hand it over to your ASM. Do not jam it up with “worry”. Sometimes you have to just “trust” in the universe and know that it will provide you with the solution you are seeking especially if you have a clear intent or know exactly what the end result is that you’re trying to achieve.

 

Rational Thinking

 

Sean and his family.

Your subconscious mind has no “will” of its own. It will obey your conscious demands (based around your self image thoughts). So it is through conscious thoughts that you are able to control the ASM. Using rational thinking to challenge your self imposed limits.

 

Habits

 

It takes twenty one days for something new to become familiar to you. This is when it becomes a habit and you become comfortable with it. A great exercise to test changing a habit is to try brushing your teeth for twenty one days using your other hand. At first it will feel really funny, then you will feel more comfortable with it.

You can use this concept by copying the habits of those you aspire to achieve the same results as, for twenty one days. Napoleon Hill also refers to the importance of copying and developing the habits of the wealthy in his book Think and Grow Rich.

 

 Tips for Parents of Entrepreneurial children.

 

Cath and I in Surfer Paradise!

Why not teach your entrepreneurial kids to be disciplined to develop the habits of successful people. Do this by first noticing everyday habits of people around them and then discuss how their habits have contributed to their success by looking at their results. Have your children read biographies of successful people. Build your children’s self image. Encourage them to be leaders, promote public speaking, help them with enterprise and celebrate their successes. Challenge them with exercises to change the way they do things.

There is plenty more to share from Sean Rasmussen ’s Boot Camp, and we look forward to introducing you to just some of the gorgeous people we met and were inspired by. We will also talk about Sean’s formula for success and the three reasons why people are not making money now!


Kit and Chayse and a Lesson on Self Efficacy!

Enterprise For KidsTeam Family Enterprise Stories, Mindset, Confidence & Leadership , , , , , , , , , , , 5 Comments


Kit has decided to form a partnership with Chayse with his Lolly Bag Enterprise for Kids Business! He figured that his Dog Walking business was moving too slowly, and he saw how easily Chayse was making an excellent profit. So they joined forces and together visited the local supermarket to spend their capital on buying large bags of confectionary. This time they were very serious and bought $230 worth of lollies!

The Production Line

Once again the family pitched in around the dining table to sort and bag all the lollies. Before long Kit and Chayse, in partnership, were ready to go out to the sporting grounds and sell their product. Click here to view a video of Kit and Chayse’s production line!

This time round was a little different though! Our kids had been taught and now understood the value of gifting (An Entrepreneur’s Conscience). Taking a small portion of their profits and giving it towards a worthy cause, teaches the kids about generosity and about appreciating their own good fortune. We also believe that by giving, the universe in turn will give back in some way or form. Flynn, for example, is putting money to one side to give to our African sponsor child Cheroko. Amber has chosen to give to the Cerebral Palsy Association because she has a school friend with this disability. Kit and Chayse have chosen The Flying Doctor Service as their charity because the Flying Doctor really helped us out when Kaitlin was born in a very remote Kimberley town. (Kalumburu).

Designing the For Sale Sign with RFDS as the beneficiary....
All the soccer lads checking out their lollies.
Watching Jai in action at the soccer fields!.........

 

 

 

 

 

.....whilst the boys sold their wares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

So armed with renewed confidence, the two boys did the rounds of the sporting grounds and sold box after box of lollies. They were magnetic – attracting people from all over the place. Just like the Mr Whippy Van!

The boys were very good at counting money and giving the correct change. They did at first need prompting to approach groups, and to say thank you. However, after a while their confidence grew and they happily spoke with customers. There were lots of questions about what they were doing and why they were selling lollies. Kit and Chayse would tell people that it was their business and that they were also giving a little money towards the Flying Doctor’s Service. People were all very happy to support their business and some even bought lollies just to have a chat with them!

On a later trip to the sporting fields I was super surprised to find that young Chayse had taken it upon himself to gather up his heavy box of lollies and head off down the lines of spectators. I had no idea that he had gone as I had been focused on watching Flynn playing his soccer game. I was suddenly alarmed to notice that the lolly box had gone from under my feet and that Chayse was no where to be seen! Looking around I could see some commotion about fifty metres away. It was Chayse with a crowd of people buying his lollies.

I was very proud of the little “fella” as he had proven that he was developing his self efficacy with being an entrepreneur. Through many weeks of shyly putting himself out there with his customers selling lollies, he had finally built the confidence to go it alone!

If he keeps this up he will be an awesome young entrepreneur when he grows up!

Cathy and I have been learning the importance of self efficacy at our Money Mastery Course from our mentor Paul Counsel. He explains that it is very difficult to just switch and be an entrepreneur. What we need to do is to build up to being one by pushing our upper limit continuously. That is done by doing things that take us out of our comfort zone. Take on new challenges and then celebrate the success, then repeat it over and over again. Eventually you become comfortable with being uncomfortable, which in turn open up new possibilities and attracts opportunities. This is exactly what has been happening with our four year old son Chayse… in fact it has been happening to all of us!

Kit also demonstrated his growing confidence only a few days ago. He said that he wanted to take his Enterprise for Kids lolly business down to the local skate park all by himself. We agreed to his request and let him go. His big brother Flynn was instructed to follow behind at a distance to make sure he was OK.

Self Efficacy!

Well Kit sold a bunch of lolly bags and on returning he announced, “A Granny gave me a big cuddle and kiss!” Not sure what he was going on about we asked him to explain. Kit said, “She was really happy to see me doing my business.  She bought some lollies and then gave me a cuddle.”

 

 

 

Two young Entrepreneurs....
....share their rewards.....

 

 

 

 

 

 

 

......with the RFDS.
You can donate directly to: www.flyingdoctor.net

 

 

 

 

 

 

We believe that our enterprising children are experiencing mindset shifts to think more and more like entrepreneurs. It will be interesting to see how this changing mind set effects the way they approach their enterprise for kids ventures. It all takes a lot of practice and confidence. In later blogs we will talk more about self efficacy and how our other children are moving along with it and we we also share our own enterprising endeavours!

Network Marketing… A Brilliant Wealth Creation Vehicle!

Enterprise For KidsTeam Mindset, Confidence & Leadership, Money Lessons for Kids , , , , , , , , , , , , , , , , 3 Comments

In our last article we shared our awesome, mind blowing experience at David Wood’s Break Through Training. Our article talked about David’s teaching of how to be tremendously successful and happy!

 

He teaches about attitude, mindset and overcoming fear, but he also explains that you need a vehicle (preferably vehicles) to build wealth. David Wood’s favourite wealth creation vehicle is Network Marketing! He has managed to generate tremendous wealth from Network Marketing, and although he has built several million-dollar Network Marketing businesses, today he is committed to the billion dollar company, Isagenix! David Wood is a professional Network Marketer and an exceptional trainer and mentor.

 

At the three day training seminar we became friends with many people with awesome energy! As it was primarily an Isagenix training, everyone there were Isagenix business builders. This common ground gave us all plenty to talk about. We had this tremendous belief in the company and the quality products that it has developed and won national awards for. We also saw the tremendous opportunity Isagenix offers for those who want optimal health and those who choose to use it as a vehicle to build wealth.

 

Network marketing is the business of the future! People referring people to use the products that they themselves are using and believe have excellent benefit. There are no shareholders expecting dividends, middle man taking his cut, or expense through having to run a down town shop. You don’t need to employ anyone, pay for stock or maintain complicated book keeping. Network marketing requires zero start up capital, no franchise fees, and has a unique business structure whereby you help others to build their businesses and become successful, and by doing so it actually builds your own!

 

Now isn’t that awesome… all you need to become successful is to help your friends become successful!

 

David Wood explains that finding out about people and what is important to them and how you can be of help to them is the key to being successful. Connecting with people on a genuine and personal level cannot be underestimated.

 

Network marketing provides a proven system that works, so stick to it and use the tools the system provides. More of David Wood’s wise words…

“Don’t be a tool, use the tools!”… and…  “Systems are duplicable, people are not!”

 

He points out that it is our job to be great leaders… and great leaders aspire to inspire! If people are inspired by you, they will be drawn to your energy.

 

 

Network Marketing doesn’t require degrees, or fancy titles, or real expertise… anyone can get involved. What’s more, people can choose how much they want from it, whether it be simply using the products, paying off their car payments or weekly bills, to becoming financially free! There is no cap on income, unlike having a job.

Once you build your business up it will pay a healthy residual income for years to come without requiring giving up time. Really… it is a perfect opportunity for those who are ready for it!

 

At David Wood’s training there were plenty of everyday people achieving success, with some of them having built profitable businesses in only a matter of a few short months. The sky’s the limit, but it requires dedication, honesty, perseverance and hard work, just like any business. It’s just that with network marketing, eventually the residual income will allow freedom of time for you to do the things you want to do. If you are lucky enough to find a product that you believe in and can see make a difference in the lives of everyday people, then it is also a career you will love!

 

Network Marketing is also an excellent wealth creation vehicle for young people leaving school. Rather than getting a job, why not encourage your teenager to become an entrepreneur and build a successful business. By the time their peers have completed their university degrees and entered the workplace with a hex debt, a young network marketer could be making a six figure residual income. It is something we will look at for our own kids.

 

Robert Kiyosaki, Bill Gates and Donald Trump all describe Network Marketing as an excellent type of business to be involved in.

Warren Buffett himself invests in three of the top world network marketing companies.

Points to remember when choosing a network company as your wealth creation vehicle…

1. The product must be second to none. You must use it, love it and have had a great result from it, or there is no point trying to make a business.

2. Do your homework on the company. What is it’s annual growth? Who are the leaders in the company, what is their track record and what is their vision for the business?

3. What is the company’s compensation plan? Does it help all of it’s members and give opportunities to all, no matter where they are in the network? There are many differing plans, some much better than others. The “Binary Compensation Plan” is one worth considering.

4. Does the company have a bigger vision to help make a difference in the world. Do they follow through with what they truly believe in and direct some of their profits to the charities they support to make a difference on a global level?

5. Are the products sustainable and likely to be around in the future? Are they well recognised and credible, and is the company continuously developing and improving their products?

 

May be a book worth reading!

To finish off we’ll share some of David Woods quotes…

“We don’t stop playing because we turn old, but turn old because we stop playing!”

 

“How I do anything is how I do everything!”

 

“Take 100% responsibility for everything in my life and for everything not in my life.”

 

In our next blog we get back to our own kids journey with becoming entrepreneurs. We will take another look at Kit and Chayse and see how they have grown their enterprising business and helped a charity along the way!

 

Links…

Isagenix products.

Isagenix entrepreneurs.

Isagenix compensation plan.

Our Isagenix Business website.

Isagenix in the News.