Young Entrepreneurs: Flynn’s Honey Turns to Gold

Flynn extracting honey for his kids business story

Young entrepreneurs often learn best through real projects, real products and real customers. Flynn’s honey business became one of those practical childhood ventures that taught far more than we expected.

This is Part 3 of Flynn’s honey business story, where the raw honey was poured, labelled, priced, sold and finally turned into real profit.

Young entrepreneurs learning through Flynn selling honey in his family business
Flynn’s honey business became a real lesson in enterprise.

Young Entrepreneurs: Flynn’s Honey Turns to Gold

This family enterprise story shares how Flynn turned 90kg of raw honey into his first small enterprise. From filling jars and creating labels to pricing, selling and solving problems, his honey business became a real-life lesson in initiative, confidence, money, marketing and responsibility.

For young entrepreneurs, these are the lessons that often matter most. They are not just reading about business or talking about ideas. They are doing the work, making decisions, dealing with problems and seeing what happens when an idea becomes real.

A Real Business Project for Young Entrepreneurs

Flynn’s honey enterprise became one of those practical childhood projects that taught far more than we expected. It gave him the chance to handle a real product, work with others, think about presentation, understand pricing, serve customers and solve problems along the way.

If you have been following the honey story, you will know this was not the beginning. Flynn’s honey venture started with Honey Pot of Gold, where he first shared his family business idea, and continued in Flynn’s Honey Investment Continued, where he harvested honey with his Grandad and made his first serious investment.

The Opportunity: 90kg of Raw Honey

When we last visited Flynn and his honey enterprise, he had just acquired 90kg of quality raw honey from his Grandad’s beehives in Geraldton. Flynn had also placed a bulk order for plastic honey pots.

He was now ready to fill them up and make his first sale.


Warming raw honey for Flynn’s young entrepreneurs business story
Warming the honey.

Honey pots ready to fill for Flynn’s honey business
Honey pots ready to fill.

Preparing the Honey for Pouring

His honey was held in buckets that weighed over 10kg. Getting the honey from the buckets into the 400g honey pots was not going to be easy.

Firstly, the honey was very thick, making it tedious to decant into the pots. Secondly, it required strength to hold the honey bucket while pouring.

Flynn called on his mates to help. He poured the buckets into a large pot and heated the honey to 50 degrees Celsius. This temperature was not high enough to destroy the enzymes that make raw honey so beneficial, but it was high enough to make the honey more fluid and easier to pour.


Flynn filling jars of honey for his young entrepreneurs business project
The production line.

Flynn and friends filling honey pots for a childhood business
Quick! Gimme another pot!

Setting Up the Production Line

The kitchen table was wiped down and set up for the honey pot production line. The team were excited about finally seeing the product in the pots. I helped pour, while Flynn and his gang filled and capped jars.

The jars were washed on the outside to ensure there was no stickiness, then labelled with Flynn’s “Howitt’s Honey” labels.

This was one of the first times Flynn could see how much work sits behind a product before it is ready for customers. It is one of the practical lessons young entrepreneurs only really understand when they have to prepare a product themselves.


Flynn’s honey business production line at the kitchen table
Mmmm… smells good!

Rinsing honey pots before labelling Flynn’s honey jars
Giving each pot a rinse in fresh water.

Packaging and Branding the Honey

Flynn’s product looked clean, pure and professional. He understood that to get a market edge and sell his honey for a premium, his first-class product needed to be well packaged and hygienic.

Flynn carefully drew up a poster pointing out the benefits of his product. This was attached to the boxes containing the honey pots.

He was not just selling honey; he was learning about presentation, trust, product quality and brand identity. These are powerful money lessons for kids, especially when they are connected to a real product and real customers.


Jars of honey prepared for Flynn’s childhood business
First batch stacked and ready to label.

Honey jars labelled and ready for sale in Flynn’s small business
The labels!

Selling the Honey: Young Entrepreneurs Learn by Doing

Flynn researched what honey was selling for in shops and online. He worked out what he could sell his honey for and still make a decent return. To provide an incentive to customers, he offered a special price if they bought more than one pot at a time.

Marketing his honey required little effort at first. Visitors to our home took an interest in his honey, and his honey began to sell.

He gained permission from his school principal and left a box in the staffroom. He organised with a teacher friend of ours from another school to place a box in their staffroom, and he approached the local general store, where he was allowed to sell his pots of honey for a small commission.

This is where kids business ideas become more than ideas. Flynn had to think about pricing, placement, presentation, customer trust and repeat sales.


Developing the Howitt’s Honey brand for Flynn’s small business
Developing the brand “Howitt’s Honey”.

A Real Business Problem for Young Entrepreneurs

His honey was selling well, and it was not long before he needed to restock all his boxes. As word got out about his product, people even began placing small orders by telephone.

Flynn’s “Howitt’s Honey” business went very well, except for one problem.

Raw honey has many benefits that you would be hard pressed to find with heavily processed honey. However, a downside with raw honey is that, over time, it can candy, or begin to solidify. This occurs especially when the room temperature drops, such as during winter.

Flynn’s honey that had been waiting to be sold began to candy in the honey pots. People do not generally want to buy honey that has hardened, which is why commercial honey producers often process honey using heat to reduce crystallisation.

Luckily, this problem only happened to the last remaining pots that had been waiting for sale. He brought these home, opened them up, scraped the honey into a pot and heated it back to 50 degrees Celsius. This liquefied the honey again, and he returned it to the pots. We bought those last pots for our family.

The lesson learned was that Flynn needed to sell his raw honey product before it showed signs of candying. He also needed to inform customers about what to do if their honey began to crystallise.

That is the sort of problem-solving young entrepreneurs remember, because the lesson comes from experience rather than a worksheet.

Profit, Pride and What Flynn Learned


Profits from Flynn’s honey enterprise and young entrepreneurs story
Profits from Flynn’s Honey Enterprise.

Flynn’s net profit from his honey enterprise was outstanding. He achieved the goal he set before he began, plus much more. He learned many lessons along the way and recognised that it was a lot of work, but satisfying work.

Flynn became an expert in his own honey business and gained enormous skills and understandings of how to run an enterprise.

This is one of the real family enterprise stories that helped shape how we think about raising entrepreneurial kids through everyday experience.

Flynn may now be ready to take his honey enterprise to another level. We hope to guide Flynn to move from being a small business owner to thinking more like an entrepreneur. How we do that will be shared in another Enterprise for Kids blog.

As a story about young entrepreneurs, Flynn’s honey enterprise shows how a simple family opportunity can become a real lesson in money, initiative, marketing and responsibility.

Flynn’s Honey Business Series

This article is Part 3 in Flynn’s honey business series, a family enterprise story about young entrepreneurs, family business ideas, money lessons for kids and learning by doing.

These posts show how children can learn by doing, rather than just being told about business, money and opportunity.

For Families Interested in Honey Enterprise

For those interested in having your own honey enterprise, or keeping a beehive for a regular supply of raw honey for family and friends, you could seek out an expert, such as Flynn or his Grandad, or do a course.

For readers interested in honey handling and food safety, the Australian Honey Bee Industry Council provides information about Australian honey and beekeeping.

Key Takeaway: Young Entrepreneurs Learn by Doing

Key takeaway: Young entrepreneurs do not need perfect conditions to begin. Flynn’s honey business started with a family opportunity, a quality product and the courage to take action. Through the process, he learned about pricing, branding, selling, customer trust, problem-solving and profit.

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

Entrepreneurship Ideas for Students: The Candy Man Entrepreneur

Entrepreneurship ideas for students shown through Chayse bringing home lollies for his business

Entrepreneurship ideas for students can start with something as simple as a four-year-old, fifty dollars, a supermarket trip and a mountain of lollies.

This is Part 2 of Chayse’s Candy Man story. His business idea had been planned. Now it was time to buy the product, package it properly and get ready to sell.

Entrepreneurship ideas for students with Chayse taking fifty dollars to buy lollies
The Candy Man with his $50.
Chayse outside the supermarket buying lollies for his student business idea
…outside the supermarket!

Entrepreneurship Ideas for Students: The Candy Man Entrepreneur

Enterprise for children can be a lot of fun, especially if it involves a four-year-old and a mountain of lollies! After you read this blog, you’ll understand why Hansel and Gretel gave in to temptation to eat the witch’s candy house.

This post follows on from The Candy Man Planning an Enterprise, where Chayse first planned his lolly bag business and received $50 in start-up capital.

In this part of the journey, Chayse takes his plan to the supermarket and begins turning a simple idea into a real product.

From Planning to Action

Chayse and I headed off to the supermarket with his $50, just as he had planned.

We walked the candy aisle and Chayse picked out the lollies he thought would be the yummiest. He bought everything from snakes and milk bottles to musks, liquorice and lollipops.

Next he added 50 plastic sandwich bags and some packets of brightly coloured balloons to the shopping trolley. His whole investment of $50 was spent in no time.

The checkout lady asked him if it was his birthday. Chayse nodded.

Well, why complicate things when you are four?

Entrepreneurship Ideas for Students Need Real Products

Chayse setting up a lolly bag production line for his entrepreneurship idea
The production line!

Chayse’s brothers and sisters were at the car ready and waiting to escort him into the house and feast their eyes on all his lollies.

Chayse was really enjoying all the attention. He bossed his brothers and sisters around as they bugged him for a lolly and offered to carry his bags.

This is one of the reasons entrepreneurship ideas for students can be so powerful. A child suddenly has a real reason to make decisions, manage resources and take responsibility for something that belongs to them.

The Candy Man Production Line

Lollies being sorted into bags for Chayse's Candy Man business
Sorting the lollies into bags.

It was all hands on deck. Jaxon and Mitchy from next door came over to help out and a production line was organised around the kitchen table.

The lollies and balloons were placed into fifty piles and bagged up.

Chayse’s intention was to sell each bag for $2. So if all went to plan, he should make 100% on his investment.

That is not a bad return for a four-year-old Candy Man!

Learning About Price, Profit and Helpers

Chayse's production line team helping make lolly bags
The production line team!

Cathy and I helped him with a sturdy box to display his product. We attached a strap to the box to help him hold it up and then made up a sign.

Mitchy and Jackson ran off home and immediately returned with money to buy a bag each.

Chayse’s first customers!

98 candy bags to go!

Chayse’s brothers and sisters also wanted to buy a bag each with their pocket money. We had to put a halt to that as it was going to create troubles, especially as Chayse wanted to buy his own lollies too.

So the compromise was that they were able to polish off the leftover lollies. Of course, Chayse was in charge of sharing them out to his drooling family.

Entrepreneurship Ideas for Students Build Confidence

Chayse's first customer buying a lolly bag from his Candy Man business
Chayse’s first customer, Mitchy.

Chayse’s enterprise for children business was now all set to go. His next job was to market and sell his product.

Simple projects like this can become powerful kids business ideas, because children are not just pretending to run a business. They are learning about customers, product value, helpers, pricing, profit and confidence through real experience.

They are also learning the sort of practical money lessons for kids that are hard to teach from a worksheet.

Entrepreneur Cameron Herold makes a similar point in his TED talk, Let’s raise kids to be entrepreneurs. Children often learn entrepreneurial thinking best when they are encouraged to look for opportunities and create value.

The Candy Man Business Series

This post is Part 2 of Chayse’s Candy Man journey. You can follow the full series here:

Key Takeaway: Entrepreneurship Ideas for Students Can Start Small

Key takeaway: Entrepreneurship ideas for students do not need to be big, polished or complicated. Chayse’s Candy Man business started with $50, a trip to the supermarket and a family production line around the kitchen table.

Next up, we’ll tune in with Kit the Dog Whisperer and see whether his enterprising idea has evolved.

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

Flynn’s Honey Investment Continued……

Money lessons for kids shown through Flynn pouring honey for his business

Money lessons for kids become much more powerful when children experience them in real life. For Flynn, that meant negotiating with his Grandad, harvesting raw honey, making an investment and learning what it really takes to grow a small business.

This is Part 2 of Flynn’s honey business story, where his idea moved from plan to action — complete with bee suits, honey frames, sticky hands and a very serious investment for a twelve-year-old.

Money lessons for kids with Flynn and Grandad collecting honey frames for a business project
Flynn with Grandad collecting honey frames for his honey business.

Money Lessons for Kids: Flynn’s Honey Investment Continued

You may remember from a previous blog that Flynn’s Enterprise for Kids plan was to buy honey at wholesale and sell it at retail. All he needed was a good source of cheap, quality honey that he could buy in bulk.

If you missed the beginning of the story, you can read Part 1: Honey Pot of Gold, where Flynn first explained his honey business idea.

Finding a Product for Flynn’s Honey Business

Flynn’s Grandad has kept bees for over twenty years and had a number of hives which he regularly harvested honey from. The honey produced from his bees is very light in colour and tasty, as the bees forage over the Mid West fields of Paterson’s Curse and coastal gums.

Flynn knew that he had a good quality product.

His plan was to pay a visit and strike up a deal with his Grandad.

Flynn’s Grandad saw that Flynn had thought through his plan. He was more than willing to support Flynn with his new honey enterprise. Flynn negotiated a good price per kilogram, however, the deal included Flynn having to help his Grandad rob the honey from the hives.

You can listen to Flynn explaining the deal he made with his Grandad in his own words.

Money Lessons for Kids Through Real Work

Flynn putting on bee protective gear for money lessons for kids through real work
Flynn donning his gear.

Flynn was up for the challenge. He donned a pair of overalls, gloves, boots and bee veil. Then he and his Grandad disappeared for the morning, returning later in the day with a heavy load of honey supers in the back of the ute.

They were carted around to the rear of the house and quickly stacked in the garage. Already the local bees were honing in on the honey, hoping to pinch it for their own hives. The garage door was closed to keep the bees out.

This is where money lessons for kids become very real. Flynn was not just talking about business. He was helping collect the product, understanding the effort behind it and learning that profit starts long before anything is sold.

For families in Western Australia interested in bees and beekeeping, the Department of Primary Industries and Regional Development has useful information about beekeeping in Western Australia.

Extracting the Raw Honey

Flynn slotting honey combs into the extractor for his honey business
Flynn slotting the honey combs into the honey extractor.
Extracting honey from the honey combs for Flynn's honey business
Extracting the honey from the honey combs.

Grandad sliced the caps off the honey combs with a hot, special-purpose electric knife and Flynn slotted them into a honey extractor.

The extractor uses centrifugal force to extract the honey from the combs. It was Flynn’s job to spin the extractor, which proved to be a lot of fun. Although everything nearby became sticky with escaping honey, including Flynn!

Preparing the Honey for Sale

Checking the temperature of raw honey for Flynn's business project
Checking the temperature of the honey.
Raw honey prepared for Flynn's honey enterprise and money lessons for kids
Yummy raw honey — a great enterprise venture.

Flynn’s brother Jai, and a family friend Jack, stopped by to lend a hand. Many hands made light work and before long, after warming and sieving the honey, it was sealed into 10kg buckets.

Angry bees do not take too kindly to people robbing their hives. It was pretty amazing that Flynn managed to do all this work without getting stung. His Grandad and Dad were not so fortunate though!

A Big Investment and Money Lessons for Kids

Enterprising Flynn paid cash for 80kg of honey from his Grandad. He loaded it all up in our car to take it back to his home.

It was a large investment for a twelve-year-old and Flynn, knowing its value, took great care to ensure that the honey was well sealed and cushioned for the long trip home. He did not want it spilling, nor did he want any ants finding their way into his containers.

This was one of the most important money lessons for kids in the whole project. Flynn had to understand cost, risk, value and responsibility before he even made his first sale.

Flynn filling honey tubs with Grandad as part of money lessons for kids
Filling tubs with Grandad.

Flynn wanted to sell his honey at retail. He had done his research and found that honey generally sold in shops for around $12 or $13 a kilogram.

He had a unique product. It was tasty, raw and full of enzymes, which are generally destroyed during commercial pasteurisation processes.

Learning About Presentation and Retail Value

Flynn had also searched online for plastic honey pots. We discussed with him that people would pay a premium for his product if it looked professionally bottled and was not sold in recycled jam jars.

New plastic honey pots were not cheap. The larger the order, the better the price.

Flynn made his order over the phone and bought five hundred 500ml pots. These were delivered by mail within a few days, arriving in a massive cardboard box.

Flynn ordered honey jars and lids for his honey business
Flynn ordered honey jars and lids.
Honey jars ready to be filled for Flynn's honey enterprise
…ready to be filled.

So now he was all set to go with his Enterprise for Kids project. He had his honey and honey pots and had spent every cent that he had.

It was a huge investment and Flynn had no choice but to make it work. He had overcome fear and had taken a calculated risk with his business. All he had to do now was bottle, market and sell his honey.

And this will all be revealed in a later blog!

Flynn’s Honey Business Series

This article is Part 2 in Flynn’s honey business series, a family enterprise story about money lessons for kids, family business ideas, product value and learning by doing.

These posts show how family enterprise stories can teach children lessons that are hard to learn from theory alone.

Key Takeaway: Money Lessons for Kids Need Real Experience

Key takeaway: Money lessons for kids become much more meaningful when children handle real products, make real decisions and take real responsibility. Flynn’s honey investment gave him practical experience with cost, risk, quality, presentation and enterprise.

Where to Next?

If you enjoyed this part of Flynn’s honey business story, you may also like:

In our next Enterprise for Kids blog, we check back with Candy Man Chayse and see how his enterprise has been progressing.

Dog Walking Business for Kids: Kit Plans His Enterprise

Dog walking business for kids shown through Kit Howitt walking a dog

A dog walking business for kids might sound simple, but for Kit it became a real lesson in confidence, problem-solving, service and earning money through enterprise.

This is the story of Kit’s pocket money idea and how he planned to turn dog walking into his first little business.

Dog walking business for kids with Kit planning his first enterprise idea
Welcoming Kit and his entrepreneurial idea.

Dog Walking Business for Kids: Kit Plans His Enterprise

Plenty of kids receive pocket money from their parents. The kids then either save it or spend it. When we used to give pocket money to our kids, they would spend it straight away. Usually, they spent their money on “junky” things that didn’t last long.

This was very frustrating as a parent, so we looked for ways to teach our children to use their money wisely and to build a money mastery mindset for them. From these early days, we came up with some fantastic ideas which we’ll share with you in later blogs.

This particular blog is about Kit’s pocket money idea and how he planned to run his enterprise.

Looking for a Need

Kit saw that there was a need in his neighbourhood for dog walkers. Whilst many people in our community walked their own dogs, there were also elderly or busy people who owned dogs and either didn’t have the energy or time to take their pet for a walk.

Kit figured that he could offer a service where he would take their pet for a walk on a lead.

At first, when he shared his idea, we thought he had gone bananas! Firstly, Kit had always been afraid of dogs and secondly, he was only six years old. Allowing a six-year-old to walk the streets with other people’s dogs was certainly not looking like a good idea.

However, one thing we have learnt is to never stifle a child’s enthusiasm and condition them to think their ideas are not good enough. So we decided to play along with his pocket money idea.

Why a Dog Walking Business for Kids Needed a Plan

A dog walking business for kids sounds easy on the surface, but when we talked it through with Kit, there were some very real roadblocks.

This is where the learning became valuable. Kit was not just coming up with a cute idea. He had to think about safety, customer trust, his own confidence, the dog’s needs, and whether the service would be worth paying for.

That is why small kids business ideas can be so useful. Children get to practise thinking through a real situation rather than just talking about business in theory.

Roadblocks and Solutions

We talked through a business plan with Kit and investigated the roadblocks that he might be faced with. Then we investigated the solutions.

The main issue was that he was too young to walk other people’s dogs by himself, so we discussed that he needed an older person to go along with him. This would also provide reassurance to the pet owners that their dog would be looked after. Luckily, his Grandad offered to help out. He reckons he needed the exercise anyway!

The other issue was that Kit wasn’t confident with dogs. So the plan was to carry a pocket of doggy treats to keep the dog happy and obedient. In addition, Kit would provide his own dog lead.

By offering doggy treats and a lead, Kit was “adding value” to his service.

We also talked about being safe and respectful around dogs. The RSPCA WA safety around dogs information is a useful reminder that children should be supervised around dogs and should understand how to behave calmly and safely around them.

Kit’s Dog Walking Enterprise Idea

Kit caring for a dog as part of his dog walking business for kids idea
Dog walking was Kit’s enterprise idea.

Kit’s idea was simple: offer to walk dogs for people who needed help.

That made it a service-based business. He did not need to buy stock like Chayse did with his lolly bags. Instead, Kit needed to offer his time, care and effort.

This gave us a great opportunity to talk about the difference between earning money from a product and earning money from a service. Both can be valuable money lessons for kids, but they teach slightly different things.

With Kit’s dog walking idea, the lesson was not just about money. It was about trust, responsibility and doing a job properly for someone else.

Could Kit Become the Next Dog Whisperer?

Kit with a dog while planning his dog walking enterprise idea
Could this be the next Dog Whisperer?

Kit decided that he would negotiate a walking fee of $5 for a half-hour walk. If he had one customer a day, then he could pocket $35 a week.

So it was on. Kit was now officially a professional dog walker!

And who knows… from these humble beginnings, he may even become the next famous Dog Whisperer!

What Kit Learned from Planning His Enterprise

Even before Kit walked his first dog, the planning process had already taught him a lot.

  • He noticed a need in the neighbourhood.
  • He thought of a service people might pay for.
  • He talked through the risks and roadblocks.
  • He found a way to make the idea safer by involving Grandad.
  • He added value with treats and a dog lead.
  • He thought about a simple fee for his service.

That is exactly the sort of thinking we want to encourage when we talk about raising entrepreneurial kids. It is not just about making money. It is about helping children notice opportunities, solve problems and back themselves enough to try.

Kit’s Dog Walking Business Series

This post is the planning stage of Kit’s dog walking idea. You can follow the next stage here:

  • Part 1: Kit Plans a Dog Walking Business — Kit notices a need, works through the roadblocks and plans his service.
  • Part 2: The Dog Whisperer! — Kit gets started, walks his first customer’s dog and earns money from his idea.

Key Takeaway: A Dog Walking Business for Kids Teaches More Than Money

Key takeaway: A dog walking business for kids can teach far more than earning pocket money. Kit’s idea helped him think about service, safety, value, responsibility, confidence and solving a real need in his community.

In our next Enterprise for Kids blog, we will introduce Kaitlin’s very creative enterprising idea and her well thought out business plan. Stay tuned for that one…

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

Ways to Earn Money for Students: Chayse Plans a Candy Business

Ways to earn money for students shown through Chayse preparing lolly bags for his Candy Man business

Ways to earn money for students can start with a very simple idea. For Chayse, that idea was lollies — or candy for our American readers — and a plan to turn fifty dollars into his very own Candy Man business.

This is Part 1 of Chayse’s Candy Man story. Before the selling, the soccer grounds and the very heavy money jar, there had to be a plan.

Ways to earn money for students shown through Chayse preparing lolly bags after planning his Candy Man business
After planning his Candy Man business, Chayse soon moved into action.

Ways to Earn Money for Students: Chayse Plans a Candy Business

All kids love lollies. Chayse too really loves lollies! So it came as no surprise to see Chayse planning an enterprise that revolved around lollies.

Now Chayse is only four years old, so he needed a little help formulating his plan. Initially, he liked the idea of buying a heap of lollies, but I think he was thinking that he was going to be the one eating them!

Eventually, after much explaining, it became clear to him that he would be selling them, not eating them himself. His brothers and sisters all thought his enterprise idea was pretty cool and I’m sure were thinking, “Why didn’t I think of that!”

A Simple Business Plan for a Four-Year-Old

We don’t have a video of Chayse explaining his business plan. In fact, there isn’t much to it, so I’ll just explain it for you here.

We lent Chayse $50 to run his business. He planned to buy large bags of lollies from the supermarket, bag them up into small mixed bags, then sell them for twice what he paid.

His market would be all the hungry kids who play and watch soccer games on Saturday mornings at the local soccer fields.

For a four-year-old, that was a pretty good business plan. Product, start-up capital, packaging, pricing, customers and a selling location. Not bad for a little Candy Man!

Why This Is One of the Simplest Ways to Earn Money for Students

When families think about kids business ideas, it is easy to overcomplicate things. But children often learn best when the idea is simple enough for them to understand and exciting enough for them to care about.

Chayse understood lollies. He understood that kids liked lollies. He understood that soccer grounds were full of kids. With a little help from us, he could begin to understand buying, selling, profit and customers.

That is why simple projects can become powerful money lessons for kids. Children do not just hear words like “profit” and “investment”; they get to experience what those words mean.

From Pocket Money to Enterprise

Many children earn or receive pocket money each week, and there is nothing wrong with that. But when children create a small enterprise, they begin to see money differently.

Instead of waiting for money to arrive, they start looking for opportunities. They begin asking questions like:

  • What could I sell?
  • Who would buy it?
  • How much will it cost me?
  • How much could I sell it for?
  • What will I do if it works?

These are the sorts of questions that help children develop confidence, initiative and responsibility.

Entrepreneur Cameron Herold makes a similar point in his TED talk, Let’s raise kids to be entrepreneurs. Children can learn entrepreneurial thinking when they are encouraged to look for opportunities and create value.

Chayse’s Goal: Double His Money

If Chayse’s enterprise went to plan, he would double his money or get a 100% return. That would put a smile on any young four-year-old’s face.

Of course, before he could make any money, he still had to buy the lollies, package them, carry them around and sell them to real customers. That is where the real learning would begin.

The image above actually shows the next stage of Chayse’s Candy Man journey, when his plan moved from an idea into action. First came the goal, the $50 start-up capital and the discussion about what he could sell. Then came the exciting part — buying the lollies, sorting them into bags and getting ready to find his first customers.

The Candy Man Business Series

This post is Part 1 of Chayse’s Candy Man journey. You can follow the full series here:

Key Takeaway: Ways to Earn Money for Students Can Start Small

Key takeaway: Ways to earn money for students do not need to be complicated. Chayse’s Candy Man idea started with something he loved, a clear market, a simple product and a small amount of start-up money.

We will keep you updated with how his money-making enterprise goes.

Next up is Kit planning an enterprise. Kit is so excited that he reminds me of our late over-zealous Jack Russell Terrier when she used to go out for a walk!

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

Honey Pot of Gold!

Flynn as a budding young entrepreneur with one of our family business ideas

Family business ideas can start with something simple, practical and close to home. For Flynn, that opportunity came through raw honey, a family connection and a very enterprising plan that helped him learn real money lessons.

This is the beginning of Flynn’s honey business story — a family enterprise project where he learnt about opportunity, product value, buying wholesale, selling retail, confidence and taking action.

Flynn as a budding young entrepreneur with one of our family business ideas
Flynn — a budding young entrepreneur with a family business idea.

Family Business Ideas: Flynn’s Honey Enterprise Begins

Flynn is a natural budding young entrepreneur and he is never afraid to chase an opportunity. He often comes up with brilliant enterprising ideas, and the idea he planned to take on with Enterprise for Kids was a definite money spinner.

Before I tell you all about Flynn’s awesome enterprising idea, I want to introduce some food for thought.

Why Family Business Ideas Need a Different Money Mindset

Prior to us starting Enterprise for Kids, our children were following the same conditioning around money that we had: earn money, spend money, borrow money. Society encourages this greatly.

Whilst many people may not see anything wrong with this, many of us actually spend far more than we have coming in. The cycle never gets broken, and by the time we reach retirement age, we have very little to show for the many years of hard work we have put in.

That is why building an entrepreneurial mindset is so important. Breaking old conditioned habits is even more important. The younger you are, the less conditioning you have.

So while we want to develop in our children a great work ethos — working hard and with integrity — we also want to help them move beyond that. We want them to learn how to spot an opportunity, take action and then help others achieve success as well.

This system moves a person from being the worker, to seeing an enterprising opportunity, to switching on their entrepreneurial self, to finally becoming the expert in their field.

This is exactly why we care so much about raising entrepreneurial kids and helping them learn through real-life projects. Family business ideas give children a safe, practical way to begin that learning at home.

Entrepreneurial Thinking Behind Family Business Ideas

An entrepreneur’s focus is in the development of a great system and finding great people to run it. They use other people’s time and other people’s money to do the work for them.

Their systems can continue even after they pass from this world. A classic example is Thomas Edison’s formula for General Electric. He is no longer with us, but his empire continues.

That is one of the powerful lessons behind family business ideas. Children can begin to see that a business is not just a product. It is also a system, a process and a way of creating value for other people.

A Queen Bee Is Entrepreneurial

Akaisha dressed as an enterprising queen bee showing how systems support family business ideas
Enterprising Queen Bee.

A Queen Bee most definitely comes under the bracket of entrepreneur. She controls her entire empire from within her hive.

Thousands of honey bees — the workers — head out of her hive each morning collecting nectar, pollen and other resources for the hive, such as water. The worker bees will risk life and limb and literally work themselves to death. A worker bee only lives a few weeks.

The Queen Bee will have employees whose main job is to guard the hive from danger. Others clean the hive and many fan the hive to keep the temperature controlled. The queen will have workers who care for the nursery and for her own needs.

All she has to do is eat and lay eggs!

A beehive is a unique system consisting of many specialised individuals that each have a job to do. The system performs like it is one large living organism. If the Queen dies, then she will be replaced by another Queen Bee, the workers keep working and the hive goes on.

Not a lot different to General Electric, Apple or Ford Motor Company!

Flynn’s Honey Family Business Idea

Flynn negotiating a honey deal with his Grandad for a family business idea
Flynn negotiating a honey deal with his Grandad.

So what has Flynn’s idea got to do with a Queen Bee?

Flynn’s enterprising idea has everything to do with our Queen Bee and her empire.

In fact, his plan was to use her company’s product: honey.

Flynn intended to buy raw, unprocessed honey at wholesale in bulk and sell it in smaller jars at retail. He worked out his figures and could see excellent profit potential.

Once his business got underway, he could also see the potential for it to grow quite substantially.

I won’t tell you any more about his plans here, but if you missed the link above, you can listen to Flynn himself in this short video of Flynn explaining his awesome enterprise idea and business plan.

This is one of those kids business ideas that starts small, but teaches a lot: product value, buying wholesale, selling retail, confidence, negotiation and understanding profit.

Why Raw Honey Was a Clever Family Business Product

Seeing as we are on the topic of honey, I thought I would share a few facts about honey, and in particular raw, unprocessed honey.

Raw, unprocessed honey is pure, natural, unpasteurised and unadulterated. It is extracted from the beehive in its natural form and bottled. It is not filtered or heated.

Unlike many processed honeys, raw honey can retain more of its natural qualities from the hive, including pollen, propolis, minerals and flavour.

Mmmm… appears to be a fantastic product!

For Flynn, the clever part was not just that honey was useful and delicious. The clever part was that he could understand the product, buy it in bulk, bottle it in smaller jars and sell it in a way that made sense to customers.

That is why this became such a useful example of family business ideas in action. It was simple enough for a child to understand, but rich enough to teach real lessons about value, pricing, supply, confidence and profit.

Flynn’s Honey Business Series

This article is Part 1 in Flynn’s honey business series, a family enterprise story about family business ideas, product value, money lessons and learning by doing.

These family enterprise stories show how children can learn by doing, rather than just being told about business, money and opportunity.

Key Takeaway: Family Business Ideas Can Start Small

Key takeaway: Family business ideas do not need to be complicated. A simple product, a real opportunity and a child willing to take action can become a powerful lesson in entrepreneurship, confidence and money.

Where to Next?

If you enjoyed Flynn’s honey business story, you may also like:

So, what do you think? Is Flynn onto a real Enterprise for Kids success story? Follow along with the blog to see how he goes.

In our next blog, you’ll be inspired by another budding entrepreneur, four-year-old Chayse, as he showcases his business idea. It is as sweet as Flynn’s enterprising ideas!