Enterprising Dinner Table Conversations

Family having dinner at a picnic table in shallow water on the Cocos Islands

What do you think the Howitt’s talk about when around the dinner table?

It always begins with each member of the family sharing a gratitude, then usually the events of the day are told and achievements celebrated; however, what quite often happens next is that topics of business, enterprise, finance and investing govern the conversation.

Flynn Howitt taking his photography to another level. Check out his facebook blog and see what he can do!
Film making and photography have been the key to Flynn’s success in building his social media following

Lately, the topics of interest have been Instagram money making strategies, crypto assets and eCommerce.

Let’s look at these individually and look at how these present opportunities for kids to be entrepreneurial…

Instagram

Our older children, Kaitlin (now 24), Jai (now 22), Flynn (now 20) and Amber (now 18) all discovered social media when they were in their mid-teens. It started with facebook, then Instagram and now Tic Toc and Snap Chat. They discovered how to grow a true following of people by using regular posts of quality content about their lives. It helped living on a paradise Tropical Island atoll in the middle of the Indian Ocean- photos and videos here always look fabulous!

Kaitlin Howitt co-creating inspirational workshops with like minded people. Enterprising teen to entrepreneur.
Creating workshops that inspire has become Kaitlin passion.

As their following grew, so did their opportunities for enterprise. It began with something called ‘shoutouts’. Here other people/companies would pay cash for the enterprising kids to mention them in a post. This helps these people/companies grow their followers or promote their wares… and my kids were happy for the cash!

Next came real products. Companies would send them clothing, watches, surf gear and jewellery to wear and share on their Instagram accounts. The kids would get to keep the gear!

Following that, companies would not only send the gear, but also pay for the promotions. My enterprising teens were stoked with these opportunities!

As time went by and their social media followings grew and grew and their creative juices began to flow, real, much larger opportunities presented themselves.

Humble beginnings for Jai where he learnt to navigate the world of entrepreneurialism from his shared bedroom.
Jai building his enterprise from his bedroom a few years ago.
Jai Howitt's new warehouse where he runs his media company- Brand-Boostr. Jai's journey from enterprise for kids to today has been exceptional!
Handing over the keys to his new warehouse where he creates media content for international clients.

Kaitlin, along with Tully her husband, have built multiple streams of income using social media. Businesses that include coaching, MLM, and online courses. We’ll share more about this in a later blog post.

It’s taken Jai a few years, but now he has a thriving business where he creates content for international clients for their social media marketing. He uses his social influence through Instagram, Tic Toc and Facebook to generate leads for his very successful enterprise.

Crypto

You would have all heard about Bitcoin, but I’d say not many of people fully understand what it actually is. In a nutshell, Bitcoin is a block chain digital software developed in 2008 to be a currency. It is limited in supply, therefore very rare like gold. Other than its rarity, people like it for many reasons:

  • Decentralised, thus not controlled by one bank (centralised).
  • Cheap and quick to buy, sell and send.
  • Easy to store and secure.
  • A hedge against other asset classes.
  • Block chain technology is at its infancy and likely to become huge.
  • It is borderless. Can be traded and used in all countries.
  • Used as a currency.

There are thousands of different crypto currencies, although Bitcoin is by far the largest by market cap. Many of the crypto coins are based on block chain digital technologies (programs) that have real life applications. They are part of real bricks and mortar businesses. For example, Power Ledger is a renewable energy technology allowing people who have solar panels on their homes to be able to sell their excess energy to other people for a premium, rather than selling back to the to the Energy company for very pittance. People can buy the Power Ledger Coin. If the company continues to grow and expand and make profits, it will push the value of the coin up.

Block chain technology (crypto) is very new, and people are only just beginning to realise its potential. The infrastructure to utilise the technology is still being put into place. As mainstream companies, banks, fund managers and investors see the real benefits of block chain technology and recognise crypto currencies as being a strong asset class, the value of these rare assets will continue to rise.

The Howitt’s have investigated several crypto coins and have bought into them, with the intention to hold them for the long term. We believe it is a strong hedge against other asset classes, such as the stock market. We also believe crypto to have tremendous potential. 

eCommerce

As a family, we are all studying an eCommerce program called Web Dev. We are learning to build and monetise websites. We are also learning to identify value in websites for sale, buy them and then either renovate and flip them, or hold them for cash flow.

Websites can be monetised in many ways. The more common ways are through affiliating with companies selling real products and services (eg Amazon) or with advertising (AdSense). However; there are many other ways- like creating directory sites or selling digital products.

Building a website yourself from scratch costs very little, so anybody can afford to do so. Perfect for enterprising kids or teens. Buying readymade websites, already making a consistent monthly income can be an excellent investment, arguably better than any other asset class available today. For example, website that makes a $1000 a month can be bought for about $20 000. After costs, this asset will return in excess of 40% p/a. In addition, if you have the skills to improve the website and its income, then the asset will be worth more. Now, where else can you get a 40%+ return on an investment?

Currently, the younger Howitt kids are building websites. Amber has hers up and running. Go check it out www.sustainableperiodproducts.com. Chayse recently bought www.babyclient.com , which he is currently renovating. The other kids’ sites are a work in progress. We’ll keep you posted!

Our dinner table conversations may be a little different to the average family. We gain inspiration from one another through these conversations and through our mentors who support us on our entrepreneurial journeys. We are building skills, gaining knowledge, creating assets and most of all strengthening a mindset for enterprise.

Financial Literacy for Teens: Jai and Kaitlin’s Enterprise Journey

Jai and Kaitlin as young teens learning financial literacy through enterprise goals

Financial literacy for teens often becomes most powerful when it is connected to a real goal. For Jai, that goal was finding the money he needed for Country Week Soccer. For Kaitlin, it was learning how to manage her creative enterprise alongside study, sport, friends and teenage life.

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In this part of our family enterprise journey, Jai and Kaitlin remind us that teenagers do not always need another lecture about money. Sometimes they need a meaningful reason to take action.

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Akaisha as a toddler in a dog walking photo introducing financial literacy for teens through family enterprise stories
Enterprise lessons begin early in family life, but teenagers often need real goals before financial literacy truly comes alive.

Financial Literacy for Teens: Jai and Kaitlin’s Enterprise Journey

So far in our family enterprise journey, we have seen Flynn build a great honey enterprise and actually achieve his goal. Kit had a go at dog walking, but quickly realised that Chayse was making more money selling lollies at the local soccer fields, so he began pursuing that with his brother.

Kit and Chayse made quite a team, and we will revisit them again in another blog post. Amber also reached her goal with her “New from Old” endeavours, and we will celebrate her achievement separately too.

That leaves our creative artist, Kaitlin, and our budding app developer, Jai.

What has been interesting to notice on the children’s journeys is that it can be easier to introduce a different mindset around money to younger children than it is to teenagers or older children.

Why would financial literacy for teens be more challenging?

In our case, Kaitlin and Jai had already been around longer with us as their major source of education. That meant our own money thoughts, objections and subconscious beliefs had been absorbed by them for longer. It was now more of a process to help them question and reshape those beliefs.

Teenagers, Money Beliefs and Real-Life Goals

Kaitlin and Jai learning financial literacy for teens through youth enterprise goals
Kaitlin and Jai were learning that money goals need time, action and follow-through.

Luckily for us, Kaitlin and Jai are both quick learners and they understood the concepts we were trying to teach.

The main obstacle was finding the time to put this new knowledge into action.

Being teenagers, their lives were already full of homework, study, sporting commitments, social life and social media. All of these are things we wanted to encourage in our children, so our challenge was finding a way to include financial education without making it feel like one more burden.

In the end, as with many things, life became the best teacher of all.

Jai’s Teen Money Goal for Country Week Soccer

Jai setting teen money goals as part of financial literacy for teens
Jai’s focus changed when he had a real money goal to reach.

Jai had not had much urgency to pursue his app development because there was no clear timeline attached to his goal. His app idea was exciting, but it was also a long-term project.

Then his goal changed.

Jai was accepted into the Country Week Soccer team and would be competing in Perth during the holidays. He had to pay for a good portion of the trip himself.

Suddenly, he had a renewed vision and a very real money goal to aim for.

He spent countless hours researching ways to make the money in a short amount of time. This is where his youth enterprise thinking kicked into action.

Jai using enterprise ideas to help pay for his Country Week Soccer goal
Jai loves being active, and Country Week gave him a goal worth working for.

He came up with different ways to make the money, including some ideas he had not been interested in before.

The opportunities Jai looked at included:

  • mowing lawns in the neighbourhood,
  • finding good-quality items to sell,
  • hiring out exercise equipment,
  • negotiating paid jobs around the house that were above and beyond normal chores.

Together, Jai and Trevor worked out that he needed to find about $10 a day to afford his portion of the trip. That made the goal feel clearer and more achievable.

He began negotiating with us over jobs that needed doing around the house, and then he got on with them.

He also went through many of his good-quality items that had once been “must haves” when he bought them. He realised that perhaps he did not need them as much as he first thought, so he posted them on Facebook to sell.

What Jai Learnt About Financial Literacy for Teens

Jai’s Country Week goal became a practical financial literacy lesson. Instead of simply asking for money, he had to think about earning, selling, negotiating, time, effort and priorities.

He also had to work out the difference between a long-term enterprise idea and a short-term money need.

Although Jai’s app development journey had taken a back seat, it had not been forgotten. He simply recognised that app development was a longer-term project, while his Country Week Soccer goal needed faster action.

That is an important financial literacy lesson for teenagers. Not every money-making idea suits every goal. Sometimes a teen needs quick cash flow. Other times, they need patience, skill-building and a longer timeline.

We were proud of Jai’s efforts and were confident he would reach his goal in time.

Kaitlin’s Creative Enterprise and Time Management

Kaitlin painting as part of her creative enterprise and financial literacy for teens journey
Kaitlin doing what she loves — using her creative skill as a possible enterprise.

Kaitlin, our artist in residence, was also learning an important financial literacy lesson.

Her lesson was not only about how to make money. It was about how to manage her energy, time and priorities around study, social life, sport and her youth enterprise ventures.

Kaitlin had already explored the idea of turning her artistic skill into a student enterprise. You can read more about that earlier stage in Kaitlin’s portrait drawing enterprise.

Now she had a timeline in place and was receiving more requests for artwork. That meant she had to begin each piece early enough to finish it before Christmas for some customers, and earlier for others.

This was a different kind of money lesson. Kaitlin had to connect creativity with responsibility. If people were asking her to create artwork, she needed to protect the time and energy required to deliver it properly.

Teenage Distractions and Self-Efficacy

Kaitlin learning time management and self efficacy as a teenager with enterprise goals
Kaitlin and Lachlan.

Having a boyfriend actually increased Kaitlin’s self-efficacy because she needed to complete certain things before socialising.

Luckily, Lachlan encouraged Kaitlin to do that, because he actually wanted to have a social life too!

This connects beautifully with the lesson we explored later in Kaitlin’s article about avoiding distractions and following through on her enterprise goals.

For teenagers, financial literacy is not only about budgets and bank accounts. It is also about self-management. It is about learning that if you want to earn money through your skills, you need to manage your time, energy, focus and commitments.

Creative Enterprise with Kaitlin and Georgia

Kaitlin and Georgia exploring creative enterprise and real-world learning as teenagers
Kaitlin and Georgia exploring ideas, creativity and enterprise.

Kaitlin and her friend Georgia were also realising the power of leveraging their time.

They had come up with some great enterprise ideas and had put steps in place to pursue them. These were longer-term goals, but in the end they could reap more rewards than simply working a job.

At the same time, they still saw the need to pursue their jobs in the meantime, so they could have money to put towards their enterprise when it was up and running.

This is another important financial literacy lesson for teens: sometimes a job and an enterprise can work together.

A job can create cash flow. An enterprise can create ownership, learning, creativity and possibility. Both can play a role while a teenager is learning how money, work and opportunity connect.

Financial Literacy for Teens Happens Through Real Life

The journey towards financial freedom is always a rocky one, but it is one worth following regardless of what else is going on in life.

Our kids are teaching us so much along the way. Not all of their efforts are successful, but they are learning from each experience and moving forward.

That is what makes real-world learning so powerful.

Jai’s story shows how a clear money goal can turn a teenager into a problem-solver. Kaitlin’s story shows how creativity, customers and deadlines can teach responsibility and time management.

Neither of those lessons can be fully taught from a worksheet.

They are lived.

Where Jai and Kaitlin Are Today

Looking back 14 years later, it is beautiful to see how these early enterprise lessons continued to show up in Jai and Kaitlin’s lives.

Jai’s early interest in app development, problem-solving and online enterprise has grown into his current business, Art of Mondays. It is a wonderful example of how early exposure to enterprise, technology and financial literacy can keep developing over time.

Kaitlin’s creativity and interest in bringing ideas to life has also continued. You can see a glimpse of what she is creating now through Kaitlin’s Golden Days Club.

At the time, these teenage money goals may have looked like small family lessons. But years later, they remind us that children and teenagers are often building foundations long before we can see the full picture.

Key Takeaway: Financial Literacy for Teens Needs Real Goals

Key takeaway: financial literacy for teens becomes more meaningful when teenagers have real goals. Jai needed money for Country Week Soccer, while Kaitlin needed to manage creative requests and deadlines. Through youth enterprise, they learnt money skills, focus, responsibility and real-world problem-solving.

Where to Next?

What real goal could help your teenager learn more about money, responsibility and enterprise?

How to Avoid Distractions for Students: Kaitlin’s Enterprise Lesson

How to avoid distractions for students shown through Kaitlin balancing friends, camps and enterprise

How to avoid distractions for students is one of the biggest lessons that came out of Kaitlin’s portrait drawing enterprise.

Kaitlin had a strong creative idea, real customers and the talent to make it work. But like many students, she also had school, friends, sport, camps, work, family and plenty of other distractions pulling her focus away.

How to avoid distractions for students with Kaitlin revisiting her portrait drawing enterprise
Kait with that winning smile!

How to Avoid Distractions for Students: Kaitlin’s Enterprise Lesson

How to avoid distractions for students is the practical lesson behind this follow-up to Kaitlin’s portrait artist enterprise. Before we revisit her progress, it is worth looking at the idea of focusing on what you truly want to bring into reality.

At the time, we had been learning a lot about goals, values, mindset and the importance of making what you want a genuine priority. Whatever language people use — goals, vision, manifestation, values or focus — there is a practical lesson underneath it.

If something matters to you, it needs time, attention and action.

That sounds pretty easy, but I will be frank: it is easier said than done.

If you are anything like us, you will have very busy, complicated lives and are overrun with distractions. Work, family, social life, worries, school, sport, friends and commitments can all pull your focus away from what you say you want.

This is exactly what happened with Kaitlin’s portrait drawing enterprise.


Kaitlin procrastinating while learning how to avoid distractions for students
Kaitlin procrastinating!

Of course, not all distractions are bad. Some are part of life, family, travel, friendships and growing up. The problem is when those distractions quietly take over and push important goals further and further into the background.

For Kaitlin, learning how to avoid distractions for students was not about removing every fun or social activity. It was about recognising when her enterprise idea needed protected time, focus and follow-through.

How to Avoid Distractions for Students with a Real Goal

Kaitlin’s enterprise plan that she shared in her home video was a very good one, but it required time management, focus and diligence.

Once the article about her enterprise was posted on Enterprise for Kids, Kaitlin received two customers requesting her to do portrait drawings of their families.

Kaitlin was delighted that people had actually appreciated her talents and were willing to pay for her service. This was a real opportunity for Kaitlin to follow a passion of hers and she was motivated to get started.

Sliding into Action

Kaitlin sliding into action while learning how to avoid distractions for students
Kaitlin sliding into action.

She had bought half a dozen quality timber and glass frames from a garage sale, which would beautifully show the portraits if her customers wanted them framed.

She also had the $100 loan from me to buy the art materials required for her to run her enterprise.

So what has happened so far?

Distractions, distractions and more distractions!

Why Distractions Can Stop a Good Student Business Idea

Kaitlin, being a popular teenager, had many demands put upon her and she certainly didn’t have her focus set on attending to portrait drawings yet.

It had not become her highest value to develop an enterprise, despite the fact that she really did want to have her own enterprise doing something that she had passion for.

The list of distractions could almost fill a blog on their own!

Kaitlin at Bali Green SuperCamp while balancing distractions and enterprise goals
Kaitlin on the Bali Green SuperCamp.

Kaitlin had been on the Country Week camp, had sleepovers, caught up with friends, and was currently on the Bali Supercamp.

She had work commitments, babysitting, sporting commitments, school, boyfriends, homework, modelling classes and family commitments that had all stolen her focus away.

How to Avoid Distractions for Students with Big Goals

To do portrait drawings, Kaitlin needed a lot of concentration, patience and most importantly, a distraction-free amount of time where she could get her head around it.

Kaitlin understood that she needed to establish a time management plan where she could devote her focus to what she wanted to achieve.

Admittedly, Kaitlin didn’t need to complete the drawings straight away. She had a few months. But you could see how easily those few months could whittle away to nothing without a plan of attack, followed by action to bring that plan to fruition.

This is a useful lesson in how to avoid distractions for students. It is not enough to simply want something. Students need a simple structure that helps protect time and attention.

A few practical steps could include:

  • choosing one clear goal to focus on;
  • setting aside a specific time each week to work on it;
  • breaking the goal into smaller tasks;
  • creating a quiet, distraction-free space;
  • removing easy distractions during work time;
  • using short blocks of focused time rather than waiting for a perfect long stretch;
  • asking someone to help keep them accountable.

For families, how to avoid distractions for students becomes a practical conversation about priorities, routines and gentle accountability. The goal is not to remove every distraction, but to help children notice when distractions are stopping them from doing something they genuinely want to achieve.

ReachOut has some useful advice for parents helping teenagers manage distractions, including encouraging teens to work in short chunks of focused time and then take regular short breaks. You can read more here: How to help your teenager avoid distractions while studying.

How to Avoid Distractions for Students with a Simple Plan

That being said, we all must do the same with our dreams and desires in life.

Without making what we want a high value, writing down a plan, and then focusing our energy on it, those dreams are unlikely to come about very easily.

This is why children’s enterprise projects are so valuable. They teach more than business. They teach responsibility, time management, problem-solving and follow-through.

Kaitlin’s portrait drawing idea was still a good one. The challenge was not the idea. The challenge was protecting enough time and focus to bring the idea to life.

That is a powerful lesson for mindset, confidence and leadership.

What Kaitlin’s Distractions Teach Us

Kaitlin’s story reminds us that students can have talent, opportunity and encouragement, and still struggle to follow through if distractions take over.

For parents, the lesson is not to criticise the child for being distracted. The better lesson is to help them notice what is happening and gently guide them back to structure.

Questions like these can help:

  • What do you really want to achieve?
  • Why does it matter to you?
  • What is distracting you most?
  • When could you set aside time for this?
  • What is the next small step?
  • Who could help keep you on track?

This is how raising entrepreneurial kids can become part of everyday family life. It is not always about big wins. Sometimes it is about helping children learn what stops them from moving forward.

Key Takeaway: How to Avoid Distractions for Students

Key takeaway: Learning how to avoid distractions for students is an important part of helping children and teens follow through on their goals. Kaitlin had talent, customers and a strong enterprise idea, but she also needed time, focus and a plan to protect her attention.

We will keep you in the loop with Kaitlin in coming Enterprise for Kids blog articles.

For my next post or two, we will have a break from following our kids’ journeys and discuss understandings about developing a mindset for success. We’ll be looking at how we, and many other people, are conditioned to think in a certain way about money and how this conditioning may prevent us and our children from achieving success — and we are not just talking about the financial kind either.

Until then, we would love to hear from you, so please leave a comment.

Small Business Ideas for Students: Kaitlin’s Portrait Drawing Enterprise

Small business ideas for students shown through Kaitlin's portrait drawing enterprise

Small business ideas for students often begin with a skill they already love using. For Kaitlin, that skill was drawing — especially pencil portrait sketches.

This is Kaitlin’s creative enterprise idea: using her artistic talent to draw portraits from photos and turn that skill into a simple student business.

Small business ideas for students with Kaitlin planning her portrait drawing enterprise
Kaitlin loves drawing.

Small Business Ideas for Students: Kaitlin’s Portrait Drawing Enterprise

I admire those very creative people who can draw!

Sadly, I am not one of those people, although there are some very artistic people in my family.

My sister won first prize in one of Australia’s richest art prizes, a $250,000 prize for an artwork she entered into “The Signature of Sydney”, which really kicked off her painting career. Also, my grandparents and aunt on my Dad’s side were respected artists.

So it is not surprising that our eldest daughter Kaitlin has an exceptional skill with drawing, and in particular pencil portrait sketches. From when she was very little, she would draw for hours and, over the years, has honed her skill.

Her Mum, Cathy, also has exceptional drawing skills and has encouraged and taught Kaitlin many of the skills she has today.

Looking at Skills as Enterprise Opportunities

When looking for an enterprise opportunity, it makes sense to look at what someone is already skilled at, then see if there is a need or problem in the community where that skill could be put to use.

This is one of the best ways to find kids business ideas. Rather than starting with the question, “How can I make money?”, children can start by asking:

  • What am I good at?
  • What do I enjoy doing?
  • Who might need this skill?
  • How could I help someone with it?
  • Would someone be willing to pay for that help?

For Kaitlin, the answer was clear. She loved drawing, she was good at portrait sketches, and people often like having personal artwork created from family photos.

That made portrait drawing a natural enterprise idea for her.

Small Business Ideas for Students Can Grow from Creative Skills

Kaitlin's mermaid drawing showing creative small business ideas for students
Kaitlin’s mermaid drawing.

Up-skilling yourself in your area of interest and becoming the best there is in that field will likely increase the demand for your kind of talent and services.

As a result, customers may choose you over your competitors and may be more likely to pay a premium.

I wrote an Enterprise for Kids post on this very topic a number of blogs ago. If you would like to learn more about how up-skilling can create enterprise for kids opportunities, then visit Finding Enterprise Ideas.

Kaitlin’s talent with drawing became the basis of her enterprising idea, and she explains her business plan in this short video.

Kaitlin’s Portrait Drawing Business Plan

Kaitlin's portrait drawing as a creative business idea for students
Kaitlin’s portrait drawing.

Kaitlin planned on spending $70 to buy the drawing and framing materials she required to run her business.

Her idea was to draw people’s portraits from a photo and sell the finished artwork either framed or unframed.

She planned to market her service on Facebook. In our local area, there was a classified Facebook Buy and Sell group for Bunbury, and this gave her a place to start showing people what she could offer.

Her aim was to complete one drawing a week with a sale value of about $30.

In her video, Kaitlin also considers the roadblocks with her business and looks at possible solutions. That is an important part of planning any student enterprise idea.

What Kaitlin’s Idea Teaches About Student Enterprise

This is a good example of how small business ideas for students do not always need stock, tools, complicated technology or large amounts of money to get started.

Sometimes the starting point is a skill.

For Kaitlin, the important business lessons included:

  • recognising a personal talent;
  • turning that talent into a service;
  • working out the cost of materials;
  • deciding whether to sell framed or unframed drawings;
  • thinking about how to find customers;
  • considering roadblocks before starting.

Those are valuable money lessons for kids, because they show that earning money is not only about doing chores or receiving pocket money. It can also come from creating value for someone else.

Creative Enterprise and Real-World Learning

One of the things I love about Kaitlin’s idea is that it connects creativity with real-world learning.

She was not just drawing for fun. She was thinking about how her drawings could become useful or meaningful to someone else.

That is an important shift. It helps children see that their skills can be assets. Their interests can become opportunities. Their creativity can serve other people.

This is also why we believe so strongly in raising entrepreneurial kids. The goal is not simply to make children business-minded. The deeper goal is to help them become observant, confident, capable and willing to try.

The Australian Government’s business planning guidance also highlights the value of thinking through customers, marketing and planning before starting a business. Even though Kaitlin’s idea was small, these same basic principles still applied. Developing a business plan helps clarify what you want to offer and how you plan to make it work.

Key Takeaway: Small Business Ideas for Students Can Begin with Talent

Key takeaway: Small business ideas for students can begin with the skills they already have. Kaitlin’s portrait drawing enterprise shows how creativity, practice, planning and confidence can turn a personal talent into a real business idea.

So we have covered all our kids’ enterprising ideas except for one. In our next post, we share Jai’s passion for electronics and gaming and how he plans to turn this interest into a money-making enterprise.

We would love to hear from you, so please leave a comment.

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