raising entrepreneurial kids

Entrepreneurship for Students: How Do Entrepreneurs Think?

Enterprise For KidsTeam Mindset, Confidence & Leadership, Raising Entrepreneurial Kids , , , , , , , , , 7 Comments
Jai Howitt discussing his entrepreneurial journey on The Pocket with Chris Griffen

Entrepreneurship for students is not just about starting a business. It is about learning how to think differently, spot opportunities, solve problems, take action and build confidence in the real world.

When children learn how entrepreneurs think, they begin to see that their ideas matter. They also begin to understand that money, work, creativity and contribution can be approached in a very different way.

Entrepreneurship for students shown through Jai Howitt coaching Chayse on business strategy
Jai coaching Chayse through business strategy and entrepreneurial thinking. Watch Jai coach Chayse.

Entrepreneurship for Students: How Do Entrepreneurs Think?

In an earlier article, we spoke of charitable entrepreneurs and successful business thinkers such as Richard Branson, Warren Buffett and John Templeton.

They, together with many other successful people, have extraordinary stories to tell about their entrepreneurial journeys. Some will tell you they struggled at school, dropped out, were dyslexic, or found reading and writing difficult. Others came from homes of poverty, while some were born into families where business and enterprise were already part of everyday life.

Although their backgrounds and circumstances differed, one thing often remained the same: they thought in a similar way.

It is not circumstance alone that creates an entrepreneur. It is mindset.

That is why entrepreneurship for students matters. Young people need more than information. They need the chance to develop the kind of thinking that helps them create opportunities, make decisions, solve problems and take responsibility for their future.

Why Entrepreneurial Thinking Matters for Families

What we have come to understand is that for our family to become economically and personally free, we need to question our conditioning around money and then reprogram our subconscious minds with a new success money mindset.

Many wealthy and successful people either developed this mindset from their upbringing, or they discovered it for themselves. Sometimes this happened consciously, through study and self-development. At other times, it happened unconsciously through experience, environment and action.

It is often said that only a small percentage of people live with real economic and personal freedom. The bigger question is this: what do they do differently?

More to the point: how do entrepreneurs think?

Before we look deeper into that, consider this.

Entrepreneurship for Students Starts with Money Mindset

Wealth creation and poverty mindset lesson for students
The way children think about money can shape the opportunities they see.

Whether we like it or not, we are being conditioned constantly to think a certain way about money. We are conditioned by our family, schools, advertising, politicians, television, social media and friends.

Many people become tied to jobs and debt because the conditioning they have received favours a money mindset of lack, rather than abundance.

Do any of the following sound familiar?

  • “Money doesn’t grow on trees.”
  • “Money is the root of all evil.”
  • “You’ve got to work hard for your money.”
  • “Get a good, well-paying job and you’ll be set for life.”
  • “Buy a home, it will be your best investment ever.”
  • “We can’t afford it.”
  • “What job do you want to do when you grow up?”
  • “Go for the cheaper ones.”

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

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

All of the above are examples of conditioning. Much of our thinking about money, work and possibility is formed very early in life.

What Schools Often Teach About Work and Money

Our schools are largely designed to prepare workers for the workforce. Banks make money by selling debt. Governments collect taxes and often depend on people staying within predictable systems. Retail businesses make money by encouraging us to spend. Big businesses need workers to build their businesses.

There is definitely a design to much of this madness.

That does not mean jobs are bad. It also does not mean every child needs to become a business owner. However, it does mean young people should know there are other pathways.

They should understand that work, money, creativity and contribution can be approached in different ways.

This is why financial education for kids is so important. Children need to learn about money, value, assets, liabilities, work, enterprise and choice before they enter adulthood.

Entrepreneurial Mindset for Young People

What our family has discovered is that our money mindsets are changing. We are learning that it is okay to accept money and to have money. In fact, it is okay to offer something of value to others and receive payment in return.

Working hard in a job is not the only pathway for young people entering our big world.

There are other ways. These pathways can allow young people to follow their passions and dreams while making a meaningful contribution to whatever they consider important.

Wouldn’t it be fantastic if all our kids could achieve economic and personal freedom?

People who have achieved financial freedom through being entrepreneurial tend to have a mindset of abundance. Their habits differ. Their thinking differs. Their actions differ.

This is why we keep coming back to the bigger idea of raising entrepreneurial kids. It is not just about business. It is about helping children become confident, capable, creative and resourceful.

How Entrepreneurs Think: Lessons from Napoleon Hill

Napoleon Hill Think and Grow Rich entrepreneurial mindset lesson
Napoleon Hill studied how successful people think and act.

Rather than attempting to explain every detail of how entrepreneurs think, I will refer to one of the most influential books ever written on personal and financial achievement.

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

Think and Grow Rich is essentially a book about what to do and how to do it. It explores ideas such as self-direction, organised planning, autosuggestion, mastermind association, self-analysis and the selling of personal services.

The thirteen steps to riches described in the book offer a philosophy of individual achievement that has influenced thousands of people’s lives.

This book could be worth a great deal to you and your kids, not simply because of the money ideas, but because of the thinking behind them.

At the time of this original article, Cathy was rewriting Napoleon Hill’s book in a way that would be suitable for kids to read, with simple explanations and modern examples they could better relate to. It was a work in progress, built around the idea that children should be able to understand powerful success principles in language that makes sense to them.

You can also learn more about Napoleon Hill’s work through the Napoleon Hill Foundation.

Entrepreneurship for Students in Real Life

For our family, entrepreneurship for students has never been just a theory. It has been something we have tried to encourage through conversations, real-life projects, mentoring and practical action.

Looking back now, we can see how these early conversations about entrepreneurial thinking have carried through into real life. The goal was never just to teach our children about business. It was to help them become confident, resourceful young people who could spot opportunities, solve problems and take action.

Today, we see that continuing as Jai shares business ideas and strategy with his younger brother Chayse, passing on what he has learnt through his own entrepreneurial journey.

Jai has gone on to build his own entrepreneurial path through creative work, content and business. You can see part of that journey through Art of Mondays.

Key Takeaway: Teach Students to Think Like Entrepreneurs

Key takeaway: Entrepreneurship for students is about far more than making money. It is about helping young people think differently, understand value, recognise opportunity, solve problems and take action in the real world.

Where to Next?

If you enjoyed this article about entrepreneurship for students and entrepreneurial thinking, you may also like:

We would love to hear your thoughts. How do you think entrepreneurs think differently, and how can we help children develop that mindset while they are still young?

Teenage Entrepreneur Ideas from Cameron Herold

Enterprise For KidsTeam Mindset, Confidence & Leadership, Raising Entrepreneurial Kids , , , , , , , , , , , 0 Comment
Child using a laptop with entrepreneur ideas on the wall for raising enterprising kids

Teenage entrepreneur ideas can come from the most unexpected places. Sometimes the very children who do not fit neatly into the traditional school mould are the ones with the energy, creativity and problem-solving ability to become enterprising adults.

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That is the powerful message I took from Cameron Herold, a successful entrepreneur and speaker who challenges parents and teachers to recognise entrepreneurial strengths in children.

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Cameron Herold sharing teenage entrepreneur ideas and advice for raising enterprising kids
Cameron Herold’s message challenges parents and teachers to recognise entrepreneurial strengths in children.

Teenage Entrepreneur Ideas from Cameron Herold

I was looking for conversations about raising enterprising kids when I came across a very inspirational entrepreneur called Cameron Herold.

Cameron Herold is a successful entrepreneur with an excellent message for parents who want to raise children with entrepreneurial skills. He shares his own life story and also refers to the book Young Bucks: How to Raise a Future Millionaire by Troy Dunn.

What really caught my attention was Cameron’s view that many children with entrepreneurial potential are sitting in classrooms right now, but their strengths are not always being recognised.

Some children do not naturally fit into the regular schooling mould. They may be energetic, intense, talkative, distracted, creative, restless, curious or constantly looking for a different way to do things.

In a traditional classroom, those traits can sometimes be seen only as problems. Cameron’s message is that some of those same traits may also be signs of entrepreneurial thinking.

This does not mean genuine learning, behavioural or health needs should ever be ignored. Parents, teachers and health professionals all have important roles to play. But it does mean we should be careful not to miss the strengths that can sit beside those challenges.

Are Some School Challenges Entrepreneurial Strengths?

Steve Jobs as an example of creative entrepreneurial thinking and innovation
Creative thinkers do not always follow the expected path.

In his talk, Cameron Herold speaks openly and provocatively about children who are labelled as difficult, distracted or different. He argues that some of these children may have the raw traits of future entrepreneurs.

He even uses the line, “Bipolar is the CEO disease,” to make his point that intensity, drive and unusual thinking can sometimes show up in successful entrepreneurs and leaders.

That statement is deliberately provocative, and it should not be taken as medical advice. But the deeper message is worth considering.

What if some children who struggle with the school system are not simply “naughty” or “lazy”?

What if some of them are actually wired to create, sell, lead, negotiate, build, question and solve problems?

As a teacher and parent, this made me think deeply. There are certainly children who love the school system, enjoy academic pathways and are happy to work towards a traditional career. That is wonderful.

But there are also children who do not fit so neatly. For those children, entrepreneurship may offer another pathway to confidence, purpose and success.

Schools Often Prepare Children for Jobs, Not Enterprise

Cameron Herold makes the point that schools rarely teach children how to think like entrepreneurs.

Schools often condition children to fit into jobs, follow instructions, complete tasks, wait for permission and work towards a salary. Those are useful skills in many parts of life, but they are not the only skills children need.

Enterprising kids also need to learn how to:

  • spot opportunities,
  • solve problems,
  • negotiate,
  • sell an idea,
  • communicate clearly,
  • take initiative,
  • manage money,
  • learn from failure,
  • and keep going when things become difficult.

Cameron’s view is that entrepreneurship is not simply an inherited trait. It can be taught, modelled, practised and encouraged.

That is very encouraging for parents. It means we do not need to wait and see whether our children are “born entrepreneurs.” We can help them develop the skills of enterprise through real-world learning.

Robert Kiyosaki quote about entrepreneurship and learning outside the traditional school system

Teenage Entrepreneur Ideas Need Mentors

Entrepreneurs often learn through necessity, observation, family example or mentorship. Some children grow up around business owners and naturally absorb the language of enterprise. Others need someone outside the family to spark that thinking.

That is why mentors, books, videos, real-life stories and practical experiences matter so much.

If we want our children to learn about entrepreneurship, someone needs to teach it. That someone might be a parent, grandparent, teacher, coach, family friend, local business owner or online mentor.

This is one of the reasons we created Enterprise for Kids. We wanted our children to see that business, money, creativity and problem-solving were not only adult topics. They were life skills children could begin learning early.

Cameron Herold’s TED Talk on Raising Enterprising Kids

Cameron Herold TED talk about raising kids to be entrepreneurs
Cameron Herold’s TED talk is well worth watching if you are interested in raising enterprising kids.

Cameron Herold offers many excellent suggestions in his talk, “Let’s raise kids to be entrepreneurs”.

If you are following our blog, you are probably a parent who wants to give your children more opportunities and choices in life. That includes helping them develop enterprise skills, money skills and the confidence to think differently.

Cameron’s talk is a must-see. It goes for about 15 minutes, but it contains many ideas that can change the way you see children, schooling and entrepreneurship.

The “Gift of Want”

Young Bucks How to Raise a Future Millionaire book for parents raising entrepreneurial kids
Young Bucks: How to Raise a Future Millionaire.

In his talk, Cameron refers to the book Young Bucks: How to Raise a Future Millionaire by Troy Dunn.

Troy Dunn is also a self-made millionaire and successful entrepreneur. He also happens to be a father of seven children, just like us, so I found his perspective especially interesting.

In the book, Dunn explains that the first prerequisite for a young entrepreneur is the “Gift of Want.”

In other words, children need a real reason to pursue an enterprise idea. They need to want something badly enough to get started and to keep going when things become difficult.

This is such a practical insight for parents.

Many adults want children to be motivated by responsibility, discipline or long-term success. But children are often first motivated by something much more immediate: a toy, a bike, a game, a trip, a pet, an experience, a gift or a personal goal.

That desire can become the starting point for real learning.

From there, parents can guide children into lessons about planning, researching, marketing, pricing, negotiating, saving, giving and following through.

Practical Teenage Entrepreneur Ideas from Cameron Herold

Cameron Herold’s message is not only philosophical. It is also practical. He gives parents ideas for helping children develop entrepreneurial habits at home.

One of his strongest suggestions is to rethink pocket money.

Instead of simply giving children a regular allowance, he suggests teaching them to look for jobs that need doing around the house and then negotiate a fee for completing them.

That small shift teaches children several important enterprise skills:

  • looking for opportunities,
  • noticing problems that need solving,
  • putting forward an offer,
  • negotiating value,
  • completing work properly,
  • and understanding that money is connected to value creation.

That is a far more enterprising lesson than simply receiving a regular payment without needing to think, negotiate or act.

Teach Children to Save, Give and Buy Assets

Cameron also talks about teaching children strong money habits.

One simple idea is to use money boxes or jars with different purposes. For example, children can divide their money into:

  • Giving: money for charity, tithing, community support or helping others.
  • Spending: money for toys, treats or things they want now.
  • Assets: money for savings, investments, tools, equipment or future enterprise ideas.

This teaches children that money has choices attached to it. It is not only for spending. It can also be used to give, grow and create more opportunities.

This connects closely with our own family lessons around teaching children the difference between assets and liabilities.

Use Real Life as the Classroom

One of the most powerful ways to raise enterprising kids is to use real life as the classroom.

When you are in a restaurant, point out good customer service. When you see a strong salesperson, discuss what made them effective. When a business solves a problem well, talk about it. When a product is poorly designed, ask your children how they would improve it.

Encourage your children to:

  • sell unwanted toys,
  • make and sell something small,
  • build inventions,
  • tell stories,
  • practise speaking to people,
  • notice problems around them,
  • and think of ways to create value.

These activities may seem simple, but they build confidence. They help children see themselves as people who can create, solve, serve and earn.

Raising Enterprising Kids Means Seeing Children Differently

Cameron Herold has allowed me, as a school teacher, to see some children in schools differently.

I can see that there are children who love the system and are more than happy to work towards a traditional career. That pathway suits many children well.

But I can also see that there are other children who do not fit so easily into the system. Some of those children may be budding entrepreneurs without knowing it yet.

They need someone to recognise the entrepreneur within them and provide opportunities for those strengths to develop.

This does not mean every child needs to become a business owner. It simply means children deserve the chance to develop enterprise skills: initiative, communication, creativity, leadership, resilience, sales, money management and problem-solving.

Those skills will help them whether they become entrepreneurs, employees, artists, tradespeople, professionals, community leaders or something else entirely.

Key Takeaway: Teenage Entrepreneur Ideas Start With Strengths

Key takeaway: teenage entrepreneur ideas do not always start with a business plan. They often start with noticing a child’s strengths, interests, frustrations and natural ways of thinking. Cameron Herold’s message reminds us to look for the entrepreneur within the child and give that child real opportunities to practise enterprise.

Where to Next?

What entrepreneurial strengths do you see in your child, and how could you give them a real-world opportunity to practise those strengths?

Business Ideas for Students: Chayse the Candy Man

Enterprise For KidsTeam Chayse's Stories, Family Enterprise Stories, Kids Business Ideas , , , , , , , , ,
Business ideas for students shown through Chayse selling lolly bags with Kit and Amber

Business ideas for students do not have to be complicated. Sometimes they begin with a four-year-old, a box full of lolly bags, a soccer ground full of hungry kids and a very determined little Candy Man.

This is Part 3 of Chayse’s Candy Man story, where his lolly bag idea moved from planning and preparation into real selling, real customers and real profit.

Business ideas for students shown through Chayse selling lolly bags at the soccer grounds
Chayse selling lolly bags at the soccer grounds as part of his Candy Man enterprise.

Business Ideas for Students: Chayse the Candy Man

We thought it was time that we revisited our little Candy Man Chayse. When we last followed his enterprising adventure, he had bought his lollies and bagged them up ready to sell.

If you missed the earlier parts of Chayse’s journey, you can follow the story from the beginning:

Now he has to find a market for his product and learn to be a salesman. Before we share Chayse’s exciting adventure, we thought it would be interesting to consider the benefits of children earning pocket money through enterprise, as opposed to children receiving a weekly allowance.

Why Business Ideas for Students Build a Different Mindset

Robert Kiyosaki quote about wealth and entrepreneurial thinking for children

Children earning pocket money through enterprise will develop the mindset and skills of an entrepreneur. Giving children a weekly allowance can condition them to think like “workers”.

Robert Kiyosaki describes a worker as someone prepared to give their time for money, whilst an entrepreneur builds systems and businesses that produce cash flow. Workers are more often than not time poor and cash poor, whilst entrepreneurs are generally time rich and cash rich.

Why is it then that the vast majority of us leave school and become workers?

A child receiving a weekly pocket money allowance is equivalent to a worker receiving a weekly salary. Relying upon a weekly allowance will not necessarily encourage children to look for opportunities for enterprise.

Their pocket money may or may not be aligned with doing household chores, just as a worker receives payment for doing work. Many kids leave school and slot into jobs for the rest of their lives because they have not been able to explore the entrepreneur within themselves.

Children Earning Pocket Money Through Enterprise

Children earning pocket money through enterprise develop a whole different mindset. Parents of these children will encourage their children to look around to find opportunities.

These kids learn to identify problems that they can solve and they learn the art of negotiation. Enterprising children understand assets, liabilities, cash flow and profit. They will understand markets and customer service and they will develop the confidence to promote themselves.

Business ideas for students can also help children value their profits and spend their money wisely. Weekly allowances are easily received and easily spent, especially when children know that more money will follow. This can condition kids to be reliant on a salary.

Enterprising children become self-motivated to make money, and as they celebrate their successes, they quickly come to understand that they can in fact make a lot more money than their friends receiving weekly allowances.

Entrepreneur Cameron Herold makes a similar point in his TED talk, Let’s raise kids to be entrepreneurs. He encourages parents to help children look for opportunities, negotiate and learn how to create value rather than simply expect a regular allowance.

A Real Student Business Idea at the Soccer Grounds

Chayse selling lolly bags to customers at the soccer grounds
Selling to customers.

Kids may not be motivated to do this at first, especially if they have been used to receiving a weekly allowance. The trick here is to make sure they have a big “Why!” They need to want something badly enough. This then becomes their goal and reason.

So let’s get back to Chayse’s enterprising story. Was he able to earn his pocket money through his lolly bag business?

He had his first opportunity to sell his lolly bags at his big brothers’ soccer games. During the game, the spectators, who were his potential customers, milled around on the sidelines.

So we primed him on what to say to customers. We also enlisted the help of his brothers, Amber and friends. It was all great fun and soon enough the customers came rolling in.

Now who could knock back buying lollies from a cute smiling four-year-old?

Business Ideas for Students Need Real Customers

His lolly bags sold like hot cakes for two dollars each. Chayse could not hold up the box because it was too heavy, so he managed the money jar whilst his helpers held the box.

He had to take his customers’ money and give change.

As word spread that there were lollies for sale, kids came racing in from all directions to buy Chayse’s product. The box became lighter and the money jar heavier, but despite the weight, he was not going to relinquish it.

Chayse looked after his helpers by giving them each a lolly bag. Hopefully they will be willing helpers the next time he sells something.

Chayse also paid back the money his Dad lent him as capital to buy the lollies and plastic bags from the supermarket.

Profit, Confidence and a Very Heavy Money Jar

Chayse holding money earned from his lolly bag business
Chayse was delighted with his profit.

All up, he was delighted with his fifty dollars net profit. He is now well on his way to reaching his goal to buy toy Nerf Guns.

In fact, his business was so successful that Kit has recently decided to partner with him for his next endeavour. Under their mother’s guidance, they will research and decide on a charity that could benefit from some of their profits.

So, stay tuned for that one!

Chayse is one of those children earning pocket money through enterprise. It would have taken him five weeks, with a weekly allowance of $5 a week, to save the equivalent of what he profited at the soccer grounds during one soccer game.

That is why simple business ideas for students can be so powerful. They give children a real reason to be brave, talk to people, handle money, serve customers and learn that effort can create opportunity.

The Candy Man Business Series

This post is Part 3 of Chayse’s Candy Man journey. You can follow the full series here:

  • Part 1: The Candy Man Planning an Enterprise — Chayse plans his lolly bag business and receives $50 start-up capital.
  • Part 2: The Candy Man Entrepreneur — Chayse buys the lollies, prepares the bags and gets ready to sell.
  • Part 3: Chayse the Candy Man — Chayse sells his lolly bags at the soccer grounds and makes a profit.

Key Takeaway: Business Ideas for Students Can Start Small

Key takeaway: Business ideas for students do not need to be complicated. Chayse’s lolly bag business helped him learn about customers, selling, profit, confidence, helpers, start-up money and responsibility — all through one simple project at the soccer grounds.

Where to Next?

If you enjoyed Chayse’s Candy Man story, you may also like:


Kids Business Ideas
Explore practical business ideas children can try through real-world learning.

Money Lessons for Kids
Read more stories that teach children about earning, saving, profit and responsibility.

Young Entrepreneurs: Flynn’s Honey Turns to Gold
See how Flynn’s honey business became another real family enterprise story.

In our next Enterprise For Kids blog, we’ll introduce you to a self-made millionaire who has some excellent tips for parents wanting to raise entrepreneurial kids. Don’t miss this article!

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

Young Australian Entrepreneurs: Lessons from Dale Beaumont

Enterprise For KidsTeam Mindset, Confidence & Leadership , , , , , , , , , , , 2 Comments
Dale Beaumont presenting at Business Blueprint as an example of young Australian entrepreneurs

Young Australian entrepreneurs can be powerful role models for children. When kids see real people building businesses, creating freedom and using their success with purpose, enterprise becomes much more than an idea in a book.

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Dale Beaumont is one of those examples. His story reminded us that who we spend time with, who we learn from and who we allow to influence our thinking can shape what we believe is possible.

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Dale Beaumont as a young entrepreneur inspiring enterprising kids
Dale Beaumont began his entrepreneurial journey young, making his story a powerful example for enterprising kids.

Young Australian Entrepreneurs: Lessons from Dale Beaumont

Part of what we love about this blog is that we get to share the success of young entrepreneurs with not only our readers, but also our kids.

As we have been learning through Paul Counsel’s course, and as Dale Beaumont also reinforced for us, who you “hang with” is often who you become like.

That can be a scary thought, or it can be an inspiring thought, depending on your peers and the people you spend the most time with.

Luckily, we have wonderful family and friends. But for us, it is also important to include people who have achieved success in areas where we are still learning and growing.

Some of our family and friends fulfil those needs, but a sure way of increasing self-efficacy for us and our kids is to mix with other successful entrepreneurs, business owners and people who think differently.

Dale Beaumont as a Young Australian Entrepreneur

Dale Beaumont Secrets Exposed Series as an example of young Australian entrepreneurs creating books and business education
Dale Beaumont wrote the Secrets Exposed series.

Dale Beaumont is one such inspiring young Australian entrepreneur. He may not see himself as “young” anymore, but his success started at the tender age of 19.

Before developing his entrepreneurial skills, Dale was an accomplished gymnast and probably what many people would call an overachiever.

When Dale was 19, he co-authored a book called The World at Your Feet, which became the basis of his successful program, Tomorrow’s Youth. Through that program, he taught young people essential life skills.

From there, Dale went on to publish books, build relationships with other successful entrepreneurs, business owners and thought leaders, and eventually develop Business Blueprint.

His journey is a wonderful example for children because it shows that enterprise can begin young. It also shows that success is rarely about one single moment. It is built through learning, relationships, systems, action and persistence.

What Young Australian Entrepreneurs Teach Our Kids

One of the biggest lessons Dale Beaumont’s story teaches our children is that entrepreneurship is not just about making money.

It is about learning how to think. It is about developing skills, building useful systems, creating value, managing time, solving problems and making choices that can lead to more freedom.

Dale Beaumont with his family showing family freedom through entrepreneurship
Dale with one of his children.
Dale Beaumont and his wife travelling as a result of business systems and financial freedom
Inside the Sistine Chapel.

Dale is married and has two boys, and one of the things that really appealed to Trevor and me was that his focus was not only on business growth. It was also on creating time and freedom to travel with his young family.

He was able to do this because he had built systems within his business so that everything could keep ticking along with or without him.

You can imagine how appealing that was to us.

We did not want business success that simply created another job. We wanted to learn how business could create choice, flexibility and meaningful family experiences.

Lessons from Business Blueprint

I will not go through the whole workshop that my good friend Sally and I attended in Perth, but I do want to share a few highlights that really stuck with me as Dale spoke.

Dale Beaumont presenting at Business Blueprint as an example of young Australian entrepreneurs
Presenting at Business Blueprint.

Two sayings that stood out were:

“Empty bank accounts don’t feed the people.”

“The poor can’t help the poor.”

Those two sayings alone say a lot.

Some people want money purely for money’s sake — to have nice things and show others how well they are doing. Others want money so they can enjoy wonderful experiences, support their family, do good things in the world and make a difference in the lives of others.

We fall into that second category.

Dale’s example helped reinforce something important for our family: money with purpose can become a tool for freedom, contribution and service.

Money, Purpose and Making a Difference

One thing we found inspiring was Dale’s support for Hands Across the Water in Thailand. It was powerful to see an entrepreneur using his success and influence to make a difference in the lives of children.

This is an important message for enterprising kids.

We do not want our children to think that business is only about making money. We want them to understand that business can also create choices, opportunities and the ability to contribute.

That idea connects beautifully with our own reflections on whether having a money mindset can also be charitable.

The Internet Changed Business Forever

New Rules of Business seminar showing how the internet changed business for young Australian entrepreneurs
New Rules of Business seminar.

The internet has changed business forever.

If we do not embrace that change, our businesses can get left behind. A classic example was the way physical bookstores were challenged as online bookselling grew rapidly.

The point for our children is clear: the business world they are growing into is very different from the business world we grew up in.

Today’s young people need to understand technology, online marketing, digital systems, automation, websites, customer service, communication and content.

They do not need to master all of these skills as children, but they do need to grow up with the mindset that learning never stops.

The Coffin or the Hourglass

Dale shared something he learnt when he was just starting out in business.

He called it the coffin or the hourglass.

The coffin or the hourglass business planning model taught by Dale Beaumont
The Coffin or the Hourglass.

Many people starting in business spend more time taking action than they do strategising or planning where they want their business to end up.

Taking action is important, of course. But you do not want your business to be like a coffin, where little time is spent thinking, planning and designing the right direction, while heaps of time is spent taking action that may not be very fruitful.

The hourglass, on the other hand, is about putting time into planning, strategising and thinking first.

With well thought-out plans in place, the action you take becomes more focused and the results are more fruitful.

So what would you prefer? A business with the coffin model, or one with the hourglass model?

Young Australian Entrepreneurs Need Systems

I think one of the reasons Dale became successful in a relatively short period of time was his ability to let go of things that could be done by someone else and focus on the things he needed to do to be effective within his business.

That is a major lesson for young Australian entrepreneurs.

Hard work matters, but systems matter too.

Business owners who try to do absolutely everything themselves can quickly become exhausted. Systems help free up time, improve consistency and allow business owners to focus on the areas where they can create the most value.

In the original version of this article, we talked in detail about a particular automation and CRM system we had started using at the time. Years later, the exact tools have changed, but the lesson remains the same.

Business systems can help with:

  • email follow-up,
  • customer records,
  • online payments,
  • memberships or subscriptions,
  • event management,
  • task management,
  • marketing follow-up,
  • and website processes.

The specific software will keep changing, but the mindset is timeless: build systems that help your business run more smoothly.

You can learn more about Dale Beaumont and his business education work through Business Blueprint.

What This Means for Enterprising Kids

So, how does all of this relate to enterprising kids?

For any business our kids choose to start, using the internet will be a given, especially as they grow into young adults.

If we want our kids to be competitive in today’s markets, we need to show them the way by continuing to learn ourselves.

They will follow our lead. They will absorb whether we are curious, whether we keep improving, whether we look for better systems and whether we are willing to adapt.

We want our children to have a mindset that says:

Get savvy. Learn. Improve. Keep going.

Bedtime Reading for Enterprising Kids

Chayse holding business books as bedtime reading for enterprising kids
Bedtime reading for enterprising kids.

Generation Y and the generations after them are already building and creating things that improve efficiency in their lives.

Why spend six hours on something if you can learn how to streamline it and do it in one?

That is the world our children are growing into.

We agree completely that life is not meant to be all about work. We want to work to live, not live to work, and we want our kids to understand that concept too.

At the same time, we want them to know that learning from successful entrepreneurs can expand their thinking.

Books, mentors, workshops, conversations and real-world examples can all help children see what is possible.

We no longer need a long list of affiliate-linked books here. The bigger message is simply this: expose children to inspiring people and ideas, then help them apply those ideas in age-appropriate ways.

Key Takeaway: Young Australian Entrepreneurs Can Inspire Kids

Key takeaway: young Australian entrepreneurs like Dale Beaumont can help children see what is possible. When kids are exposed to mentors, business systems, purpose-driven money lessons and real-world learning, they begin to understand that enterprise can create freedom, contribution and choice.

Where to Next?

Who are your children learning from, and what kind of thinking are those influences helping them develop?

Young Entrepreneurs: Flynn’s Honey Turns to Gold

Enterprise For KidsTeam Family Enterprise Stories, Flynn's Stories, Money Lessons for Kids , , , , , , , , ,
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 also led to a deeper money lesson about assets and liabilities, which we explore in Financial Education for Kids.

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.

Where to Next?

Read more family enterprise stories, explore practical ideas for raising entrepreneurial kids, or see where our enterprising kids are today.


Family Enterprise Stories
Read more real stories from our family’s early businesses, projects, market stalls and money lessons.

Raise Entrepreneurial Kids
Explore practical ideas for helping children build confidence, initiative and real-world thinking.


Our Enterprising Kids Today
See where early enterprise, adventure and creativity helped lead our children.

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

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

Enterprise For KidsTeam Family Enterprise Stories, Kaitlin's (Kat) Stories, Mindset, Confidence & Leadership , , , , , , , , , 1 Comment
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.

Where to Next?

If you enjoyed this follow-up on Kaitlin’s enterprise journey, you may also like:


Kaitlin’s Portrait Drawing Enterprise
Read the original post where Kaitlin planned her creative student business idea.


Mindset, Confidence & Leadership
Explore more stories about focus, confidence and learning through real-world challenges.


Kids Business Ideas
Find more practical enterprise ideas for children and teens.

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.